Europe: collaboration software market revenue 2021-2029

The revenue in the 'Collaboration Software' segment of the software market in Europe was forecast to continuously increase between 2024 and 2029 by in total 540 million U.S. dollars (+16.01 percent). After the seventh consecutive increasing year, the revenue is estimated to reach 3.9 billion U.S. dollars and therefore a new peak in 2029.

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Revenue of the collaboration software market in Europe from 2021 to 2029 (in million U.S. dollars)

Characteristic	Revenue in million U.S. Dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Collaboration Software market covers software applications that are used to facilitate communication and collaboration among teams and individuals within an organization through various channels, such as email, instant messaging, video conferencing, and file sharing.

Products in the Collaboration Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Additional Information:

The Collaboration Software market comprises revenue, revenue growth, and key player market shares as the key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G).

Key players in this market include Zoom, Cisco, Slack, and LogMeIn.

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