Study shows that personal productivity has become paramount.
Two major technology trends are driving a rise in personal productivity: the availability of cloud applications and marketplaces plus the ubiquity of mobile devices. Together, these technologies have propelled the growth of team collaborative applications that empower users to connect on “workspaces” and collaborate on specific documents, topics, or projects.
This IDC study provides a competitive analysis of the worldwide team collaborative applications market in calendar year 2014, including revenue and growth rates for the total market, and also takes a closer look at how the leading vendors shaped the year.
Key findings include:
- Worldwide revenue for team collaborative applications was $1.4 billion.
- The top three vendors (Microsoft, Intralinks, and Atlassian) accounted for 65.6% of the market.
- Growth rate is declining due to a shift from on-premises to SaaS-based delivery models.
The study shows that both team collaborative application leaders (like Microsoft SharePoint and Intralinks VIA) and enterprise organizations recognize how connecting people to people to information is more important than ever.