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Collaboration Software - Turkey

Turkey
  • The Collaboration Software market in Turkey is expected to witness a significant growth in the coming years.
  • By 2024, the projected revenue is estimated to reach US$13.95m.
  • This growth is anticipated to continue with an annual growth rate of 5.57% from 2024 to 2029.
  • Consequently, the market volume is expected to expand to US$18.29m in 2029.
  • In terms of global comparison, United States is projected to generate the highest revenue in the Collaboration Software market.
  • By 2024, the revenue from United States is expected to reach US$7.84bn.
  • Turkey is experiencing a surge in demand for collaboration software as businesses adapt to remote work.

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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In-Scope

  • 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

Out-Of-Scope

  • 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
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Jul 2024

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The demand for collaboration software in Turkey has been on the rise in recent years.

    Customer preferences:
    Collaboration software is gaining popularity in Turkey due to the increasing need for remote work and virtual collaboration. Businesses are looking for ways to improve communication and productivity among their employees, and collaboration software provides a solution to this problem. Additionally, the younger generation in Turkey, who are more tech-savvy, are pushing for the adoption of technology in the workplace.

    Trends in the market:
    The collaboration software market in Turkey is dominated by international players, but local companies are starting to emerge. These local companies are offering more affordable solutions that cater to the specific needs of Turkish businesses. Furthermore, there has been a shift towards cloud-based collaboration software, which allows for greater flexibility and scalability. Video conferencing and team messaging are the most popular features of collaboration software in Turkey.

    Local special circumstances:
    Turkey has a large and growing startup ecosystem, which is driving the demand for collaboration software. The government has also been investing in technology infrastructure, which has led to greater internet penetration and improved connectivity. However, there are also challenges in the market, such as language barriers and cultural differences, which can make it difficult for international companies to enter the market.

    Underlying macroeconomic factors:
    Turkey has a large and young population, which is driving the demand for technology solutions. Additionally, the country has a growing economy and is becoming increasingly integrated into the global market. However, there are also political and economic uncertainties that can impact the market, such as the recent currency crisis and tensions with other countries. Overall, the collaboration software market in Turkey is expected to continue growing as businesses look for ways to adapt to the changing work environment.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

    Methodology

    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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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