Market Overview:
The global social collaboration software market is expected to grow from USD 3.02 billion in 2018 to USD 10.48 billion by 2030, at a CAGR of 18.8% during the forecast period. The growth of the social collaboration software market is attributed to the increasing demand for cloud-based and web-based social collaboration software solutions among small businesses, midsized businesses, and large businesses across the globe. Moreover, the growing trend of Bring Your Own Device (BYOD) and increasing adoption of mobile devices are also contributing to the growth of this market.
Product Definition:
Social Collaboration Software is used to manage and facilitate social collaboration among a group of people. It enables users to communicate, collaborate, and share documents and ideas with each other. The software can also help track the progress of projects and tasks that are being worked on by the group. Social Collaboration Software can be used in a business setting to improve communication and collaboration between employees, or in an educational setting to help students collaborate on projects.
On-Premises Social Collaboration Software:
On-premises social collaboration software is a type of software that helps in enhancing the way employees, customers and vendors communicate with each other. It also helps organizations manage their internal processes and workflows effectively. The primary function of on-premises social collaboration software is to help businesses improve communication within their organization by connecting various applications, devices and platforms through a single interface which can be accessed from any location or device.
Cloud Based Social Collaboration Software:
Cloud-based social collaboration software is a web-based application used for online communication and sharing of information. It helps in improving the way individuals, teams or organizations communicate with each other via various channels such as e-mail, instant messaging, blogs etc. The primary function of cloud based social collaboration software is to enable real time co-ordination among groups of people working from different locations on a common project.
Application Insights:
The small businesses segment held the largest market share in 2017. The social collaboration software has been gaining popularity among SMBs as they offer a cost-effective and easy solution for managing their internal communications, sales & marketing activities, customer relationships and product information. Furthermore, these solutions help SMBs to focus on their core businesses without spending time on complex administrative tasks required in traditional communication tools.
The midsized businesses application segment is expected to register the highest CAGR over the forecast period owing to factors such as increased demand from BFSI sector for efficient management of leads and opportunities through web-based collaboration tool with real-time data sharing capability across departments within an organization. Moreover, growing demand from manufacturing industry for monitoring production lines through mobile devices is expected to drive growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of small, and midsized businesses in the region. According to a study by Global Small Business Coalition (GSBC), there are over 60 million small businesses in North America that together account for around two-thirds of all U.S.-based firms and about four fifths of all U.S.-owned firms worldwide These companies face challenges such as information silos, lack of collaboration tools among departments or with competitors’ business units, high cost associated with implementation etc.
Asia Pacific is expected to emerge as one of the fastest growing regional markets during forecast period owing to increasing adoption trends towards cloud based solutions among SMEs especially from developing countries like India.
Growth Factors:
- Increased demand for social collaboration software from small and medium businesses (SMBs) due to the growing trend of working remotely and the need for better communication and collaboration among team members.
- The increasing popularity of cloud-based social collaboration software, which makes it easier and more affordable for businesses to deploy and use these tools.
- The growing demand for social media analytics tools that help organizations track, measure, and analyze how their employees are using social media platforms to collaborate.
- The increasing use of mobile devices in the workplace, which is driving the demand for social collaboration software that can be used on smartphones and tablets.
- The rising number of mergers & acquisitions (M&As) in the Social Collaboration Software market as companies look to strengthen their product portfolios by acquiring leading players in this space
Scope Of The Report
Report Attributes
Report Details
Report Title
Social Collaboration Software Market Research Report
By Type
On-Premises Social Collaboration Software, Cloud Based Social Collaboration Software, Web-based Social Collaboration Software
By Application
Small Businesses, Midsized Businesses, Large Businesses
By Companies
Microsoft, Salesforce, IBM, Wrike, Slack, Confluence(Atlassian), SAP, Flowdock, Jive Software, Central Desktop, Neudesic, Sitrion, VMWare, OpenText
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
160
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Social Collaboration Software Market Report Segments:
The global Social Collaboration Software market is segmented on the basis of:
Types
On-Premises Social Collaboration Software, Cloud Based Social Collaboration Software, Web-based Social Collaboration Software
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
Small Businesses, Midsized Businesses, Large Businesses
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:
- Microsoft
- Salesforce
- IBM
- Wrike
- Slack
- Confluence(Atlassian)
- SAP
- Flowdock
- Jive Software
- Central Desktop
- Neudesic
- Sitrion
- VMWare
- OpenText
Highlights of The Social Collaboration Software 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:
- On-Premises Social Collaboration Software
- Cloud Based Social Collaboration Software
- Web-based Social Collaboration Software
- By Application:
- Small Businesses
- Midsized Businesses
- Large Businesses
- 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 Social Collaboration Software 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
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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?
Social collaboration software is a type of software that allows users to collaborate on documents, projects, and tasks. It can be used to create and manage files, share resources, and communicate with others.
Some of the major companies in the social collaboration software market are Microsoft, Salesforce, IBM, Wrike, Slack, Confluence(Atlassian), SAP, Flowdock, Jive Software, Central Desktop, Neudesic, Sitrion, VMWare, OpenText.
The social collaboration software market is expected to grow at a compound annual growth rate of 18.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Social Collaboration Software 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 Social Collaboration Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Social Collaboration Software 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 Social Collaboration Software 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 Social Collaboration Software Market Size & Forecast, 2018-2028
4.5.1 Social Collaboration Software Market Size and Y-o-Y Growth
4.5.2 Social Collaboration Software Market Absolute $ Opportunity
Chapter 5 Global Social Collaboration Software 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 Social Collaboration Software Market Size Forecast by Type
5.2.1 On-Premises Social Collaboration Software
5.2.2 Cloud Based Social Collaboration Software
5.2.3 Web-based Social Collaboration Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Social Collaboration Software 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 Social Collaboration Software Market Size Forecast by Applications
6.2.1 Small Businesses
6.2.2 Midsized Businesses
6.2.3 Large Businesses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Social Collaboration Software 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 Social Collaboration Software 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 Social Collaboration Software Analysis and Forecast
9.1 Introduction
9.2 North America Social Collaboration Software 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 Social Collaboration Software Market Size Forecast by Type
9.6.1 On-Premises Social Collaboration Software
9.6.2 Cloud Based Social Collaboration Software
9.6.3 Web-based Social Collaboration Software
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 Social Collaboration Software Market Size Forecast by Applications
9.10.1 Small Businesses
9.10.2 Midsized Businesses
9.10.3 Large Businesses
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 Social Collaboration Software Analysis and Forecast
10.1 Introduction
10.2 Europe Social Collaboration Software 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 Social Collaboration Software Market Size Forecast by Type
10.6.1 On-Premises Social Collaboration Software
10.6.2 Cloud Based Social Collaboration Software
10.6.3 Web-based Social Collaboration Software
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 Social Collaboration Software Market Size Forecast by Applications
10.10.1 Small Businesses
10.10.2 Midsized Businesses
10.10.3 Large Businesses
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 Social Collaboration Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Social Collaboration Software 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 Social Collaboration Software Market Size Forecast by Type
11.6.1 On-Premises Social Collaboration Software
11.6.2 Cloud Based Social Collaboration Software
11.6.3 Web-based Social Collaboration Software
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 Social Collaboration Software Market Size Forecast by Applications
11.10.1 Small Businesses
11.10.2 Midsized Businesses
11.10.3 Large Businesses
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 Social Collaboration Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Social Collaboration Software 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 Social Collaboration Software Market Size Forecast by Type
12.6.1 On-Premises Social Collaboration Software
12.6.2 Cloud Based Social Collaboration Software
12.6.3 Web-based Social Collaboration Software
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 Social Collaboration Software Market Size Forecast by Applications
12.10.1 Small Businesses
12.10.2 Midsized Businesses
12.10.3 Large Businesses
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) Social Collaboration Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Social Collaboration Software 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) Social Collaboration Software Market Size Forecast by Type
13.6.1 On-Premises Social Collaboration Software
13.6.2 Cloud Based Social Collaboration Software
13.6.3 Web-based Social Collaboration Software
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) Social Collaboration Software Market Size Forecast by Applications
13.10.1 Small Businesses
13.10.2 Midsized Businesses
13.10.3 Large Businesses
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 Social Collaboration Software Market: Competitive Dashboard
14.2 Global Social Collaboration Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Microsoft
14.3.2 Salesforce
14.3.3 IBM
14.3.4 Wrike
14.3.5 Slack
14.3.6 Confluence(Atlassian)
14.3.7 SAP
14.3.8 Flowdock
14.3.9 Jive Software
14.3.10 Central Desktop
14.3.11 Neudesic
14.3.12 Sitrion
14.3.13 VMWare
14.3.14 OpenText
