A collection of interesting facts and statistics from around the web
Gartner predicts the workstream collaboration market will reach $4.9 billion by 2021; by 2022, 70% of teams will rely primarily on workstream collaboration tools to get their work done every day.
The global team collaboration software market size is poised to reach USD 16.60 billion by 2025
– Source: ResearchAndMarkets.com
The total weekly active paid user base worldwide for Team Collaboration Software rose to just under 13 million user licences at the end of 2017.
In terms of the volume of weekly active paid user licences at the end of 2017, Microsoft was the clear worldwide leader, ahead of Slack in second place and Cisco in third position.
– Source: MZA Consultants
In Feb 2019, Workplace by Facebook released a formal statement stating that it now has more than 2 million paid users
Source: Workplace by Facebook
Market leader in team collaboration software vendor Slack, now has more than 10 million daily active users on their platform (as of January 2019)
– Source – Slack
As of March 2019, Microsoft Teams now has more than 500,000 organizations on their platform.
– Source: Microsoft
Cisco’s collaboration portfolio serves over 300 million people worldwide – November 2018
– Source: Cisco Blog
Studies show that about 70% of the global workforce is working remotely at least once a week.
– Source: CNBC
85% frequently experience issues with online meetings
42% feel frustrated because they can’t easily join an online meeting
87% see immediate value for an online meeting virtual assistant
9 out of 10 are willing to adopt a cognitive collaboration solution “as soon as possible!”
– Source: Cisco
48% of employees prefer using peer collaboration tools for workplace learning, while 81% say that their productivity improved due to peer collaboration apps
– Source: Bradio
Looking for Team Collaboration Software providers, view our Market Guide