DUBLIN–(BUSINESS WIRE)–The “Collaboration Software Global Market Report 2021: COVID-19 Growth and Change to 2030” report has been added to ResearchAndMarkets.com’s offering.
The global collaboration software market is expected to decline from $22.67 billion in 2020 to $13.1 billion in 2021 at a compound annual growth rate (CAGR) of -42.2%. The market is expected to reach $19.69 billion in 2025 at a CAGR of 11%.
Major players in the collaboration software market are Citrix Systems Inc., Slack Technologies, Inc., Oracle Corporation, IBM Corporation, AT&T Intellectual Property, Cisco System, Inc., Microsoft Corporation, Google (Alphabet Inc.), BOX, Inc., and TeamViewer GmbH.
The collaboration software market consists of sales of team collaboration software and its related services. The collaboration software aims to facilitate communication between the team members by providing a convenient and informal space to the user, perform group talks, and share relevant…