Collaboration Software - Ireland | Statista Market Forecast

The Collaboration Software market in Ireland is anticipated to achieve a revenue of US$32.38m in 2024.
It is projected to exhibit a compound annual growth rate (CAGR 2024-2029) of 2.22%, leading to a market volume of US$36.13m by 2029.
When compared globally, United States is expected to generate the highest revenue, reaching US$7.84bn in 2024.
Ireland is emerging as a hub for collaboration software development, attracting both local startups and international companies.

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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Team collaboration applications, such as Slack, Jira, and Trello
Conferencing applications, such as Zoom, Skype, and Microsoft Teams
Email applications, such as Microsoft Outlook, Amazon WorkMail, and Yahoo Business Mail
Synchronization software, such as NinjaOne, Cato Networks Suite, and ManageEngine ADManager Plus
Sharing software, such as Google Drive, Dropbox, and OneDrive

Social networks, such as Yammer, Twitter, and Buffer
Free-of-charge software, such as Airtable, Anaplan, and BlackLine
Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft

Collaboration Software has been a growing market in Ireland over the past few years.

Customer preferences: Irish businesses have been increasingly investing in collaboration software to improve communication and productivity among teams. With the rise of remote work, collaboration software has become an essential tool for companies to keep their employees connected and engaged. Additionally, the younger workforce in Ireland has shown a preference for digital tools and platforms that allow for easy collaboration and communication.

Trends in the market: The Collaboration Software market in Ireland has been experiencing a shift towards cloud-based solutions. Cloud-based collaboration software offers greater flexibility and scalability for businesses, allowing them to easily add or remove users as needed. Additionally, cloud-based solutions are often more cost-effective than on-premise solutions, making them an attractive option for small and medium-sized businesses.Another trend in the market has been the integration of artificial intelligence (AI) and machine learning (ML) into collaboration software. AI and ML can help automate routine tasks, such as scheduling meetings or sending reminders, freeing up employees to focus on more strategic work. This trend is expected to continue as businesses look for ways to improve efficiency and streamline their operations.

Local special circumstances: Ireland has a thriving technology sector, with many multinational companies choosing to establish their European headquarters in the country. This has created a highly skilled workforce and a strong demand for technology solutions, including collaboration software. Additionally, the Irish government has been supportive of the technology industry, offering tax incentives and other benefits to attract foreign investment.

Underlying macroeconomic factors: The Irish economy has been growing steadily over the past few years, with low unemployment rates and a strong focus on innovation and technology. This has created a favorable environment for businesses to invest in collaboration software and other digital tools. Additionally, the COVID-19 pandemic has accelerated the adoption of remote work and digital collaboration, further driving demand for collaboration software in Ireland.

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.