Collaboration Software - New Zealand

In New Zealand, the Collaboration Software market is anticipated to witness a significant growth in revenue, with projections indicating that it will reach US$47.94m by 2024.
Furthermore, it is expected to display a compound annual growth rate (CAGR 2024-2029) of 1.89%, ultimately leading to a market volume of US$52.64m by 2029.
When comparing global figures, it is worth noting that United States is expected to generate the highest revenue in the Collaboration Software market, with an estimated value of US$7.84bn in 2024.
New Zealand businesses are increasingly adopting collaboration software to enhance teamwork and productivity in the digital age.

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

New Zealand is a country with a rapidly growing economy and a focus on technology development. The Collaboration Software market in New Zealand is an important part of this technology sector, providing businesses with tools to improve communication and productivity.

Customer preferences: New Zealand businesses have shown a strong preference for cloud-based collaboration software solutions, which offer flexibility and scalability. This allows companies to easily add or remove users as needed, and to access the software from anywhere with an internet connection. Additionally, there is a growing trend towards mobile collaboration apps, as more and more employees work remotely or on-the-go.

Trends in the market: One of the major trends in the Collaboration Software market in New Zealand is the increasing demand for video conferencing solutions. This is driven by the need for remote communication and collaboration, as well as the desire for a more immersive and engaging experience than traditional audio conferencing. Another trend is the integration of artificial intelligence (AI) and machine learning (ML) into collaboration software, which can improve efficiency and automate repetitive tasks.

Local special circumstances: New Zealand has a relatively small population compared to other developed countries, which can limit the size of the Collaboration Software market. However, the country has a strong focus on innovation and technology, which has led to the development of many successful startups in the collaboration software space. Additionally, the remote and geographically dispersed nature of many New Zealand businesses makes collaboration software an essential tool for communication and productivity.

Underlying macroeconomic factors: New Zealand has a stable and growing economy, with a focus on technology development and innovation. This has led to a strong demand for collaboration software solutions that can improve communication and productivity in the workplace. Additionally, the country has a highly skilled and educated workforce, which is well-equipped to take advantage of the latest collaboration software tools and technologies. Overall, the Collaboration Software market in New Zealand is expected to continue growing in the coming years, driven by these underlying macroeconomic factors and local special circumstances.

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.

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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.