Market Overview:
The global collaborative work management solutions market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based and web-based collaborative work management solutions by large enterprises and SMEs across the globe. Additionally, the growing trend of BYOD (Bring Your Own Device) is also contributing to the growth of this market. North America dominates the global collaborative work management solutions market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Collaborative work management solutions are software tools that allow team members to collaborate on tasks and projects. They can include features such as messaging, file sharing, and task tracking. The importance of collaborative work management solutions is that they help teams stay organized and productive by allowing them to share information and tasks easily.
Cloud Based:
Cloud-based collaborative work management solutions are gaining popularity among organizations of all sizes. The solution is being preferred owing to the benefits such as increased efficiency, reduced operational cost and improved collaboration between employees. In addition, it also helps in improving employee productivity and satisfaction level by delivering a better working environment.
Web Based:
The global what is web based.
Web-based applications are accessed through a web browser. The most commonly used application type for collaboration is WebEx (Web Based Enterprise). It provides real-time collaboration with the use of audio & video as well as text chat features. It also has file sharing capabilities along with integrated conferencing facilities.
Application Insights:
The large enterprises segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The collaborative work management solutions are gaining popularity among large enterprises as it helps them to manage their employees, projects, clients and other activities efficiently. The need for managing multiple projects with different team members from different departments across a diverse set of applications is driving the adoption of these solutions among large enterprise users.
The SMEs segment accounted for a share of more than 30% in 2017 owing to factors such as preference towards web-based application development due to ease of use and installation coupled with low cost associated benefits such as scalability & flexibility along with security & compliance concerns.
Regional Analysis:
The market in North America is anticipated to witness significant growth over the forecast period owing to the presence of a large number of small and medium-sized enterprises (SMEs). The region accounted for more than 35% revenue share in 2017. However, Asia Pacific is expected to emerge as the fastest-growing regional market from 2018 to 2030. This can be attributed to increasing adoption of GWMS by large enterprises along with rapid technological advancements such as Artificial Intelligence (AI), Robotic Process Automation (RPA) and Digital Transformation. Moreover, growing demand for digital services across various industries has led major players operating in this region towards investments that would cater these needs through innovative solutions such as collaborative work management systems. For instance, In January 2016, Cognizant announced its entry into India with an aim towards offering technology solutions including Business Process Management (BPM), Enterprise Resource Planning (ERP) and Customer Relationship Management(CRM).
Growth Factors:
- Increased demand for better communication and collaboration among teams for improved productivity
- Rising need to manage projects and tasks effectively across different departments and locations
- Growing trend of BYOD (Bring Your Own Device) in the workplace, which is driving the demand for collaborative work management solutions
- Proliferation of cloud-based solutions that make it easier to access and share information from any device or location
- Increasing awareness about the benefits of using collaborative work management solutions, which is helping to drive adoption rates
Scope Of The Report
Report Attributes
Report Details
Report Title
Collaborative Work Management Solutions Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
Adobe Workfront, Citrix (Wrike), monday.com, Sensei Labs, Smartsheet, ServiceNow, Planview, Microsoft, Clarizen, Asana, Airtable
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Collaborative Work Management Solutions Market Report Segments:
The global Collaborative Work Management Solutions market is segmented on the basis of:
Types
Cloud Based, Web Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adobe Workfront
- Citrix (Wrike)
- monday.com
- Sensei Labs
- Smartsheet
- ServiceNow
- Planview
- Microsoft
- Clarizen
- Asana
- Airtable
Highlights of The Collaborative Work Management Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Web Based
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Collaborative Work Management Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Collaborative work management solutions are software programs that help organizations manage their collaborative work environments. These solutions allow employees to share documents, files, and other resources easily and securely. They also provide tools for tracking progress and managing conflicts.
Some of the major players in the collaborative work management solutions market are Adobe Workfront, Citrix (Wrike), monday.com, Sensei Labs, Smartsheet, ServiceNow, Planview, Microsoft, Clarizen, Asana, Airtable.
The collaborative work management solutions market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Collaborative Work Management Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Collaborative Work Management Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Collaborative Work Management Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Collaborative Work Management Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Collaborative Work Management Solutions Market Size & Forecast, 2018-2028
4.5.1 Collaborative Work Management Solutions Market Size and Y-o-Y Growth
4.5.2 Collaborative Work Management Solutions Market Absolute $ Opportunity
Chapter 5 Global Collaborative Work Management Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Collaborative Work Management Solutions Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Collaborative Work Management Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Collaborative Work Management Solutions Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Collaborative Work Management Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Collaborative Work Management Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Collaborative Work Management Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Collaborative Work Management Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Collaborative Work Management Solutions Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Collaborative Work Management Solutions Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Collaborative Work Management Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Collaborative Work Management Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Collaborative Work Management Solutions Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Collaborative Work Management Solutions Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Collaborative Work Management Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Collaborative Work Management Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Collaborative Work Management Solutions Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Collaborative Work Management Solutions Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Collaborative Work Management Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Collaborative Work Management Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Collaborative Work Management Solutions Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Collaborative Work Management Solutions Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Collaborative Work Management Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Collaborative Work Management Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Collaborative Work Management Solutions Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Collaborative Work Management Solutions Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Collaborative Work Management Solutions Market: Competitive Dashboard
14.2 Global Collaborative Work Management Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Adobe Workfront
14.3.2 Citrix (Wrike)
14.3.3 monday.com
14.3.4 Sensei Labs
14.3.5 Smartsheet
14.3.6 ServiceNow
14.3.7 Planview
14.3.8 Microsoft
14.3.9 Clarizen
14.3.10 Asana
14.3.11 Airtable
