The Business Research Company’s report on the Generative AI In Organizational Collaboration Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the generative ai in organizational collaboration industry?
The proliferation of remote and hybrid work models is expected to propel the growth of the generative AI in organizational collaboration market going forward. A remote work model allows employees to perform their jobs entirely from locations outside the traditional office, while a hybrid work model combines remote and on-site work, offering flexibility to split time between the two. Remote and hybrid work models are rising due to advancements in technology, shifting employee preferences for flexibility, and employer recognition of cost savings and productivity benefits. Generative AI enhances organizational collaboration in remote and hybrid work models by streamlining communication, automating repetitive tasks, and fostering innovation through intelligent content creation and decision support. For instance, in February 2023, according to the Office for National Statistics, a UK-based government department, the percentage of working adults who reported working from home ranged between 25% and 40% throughout 2022. Overall, 44% of workers engaged in in-home or hybrid working, with 28% adopting a hybrid model and 16% working exclusively from home. Therefore, the proliferation of remote and hybrid work models is driving the generative AI in organizational collaboration market.
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What is the estimated market size of the generative ai in organizational collaboration sector by 2029, based on current forecasts?
The generative AI in organizational collaboration market size has grown exponentially in recent years. It will grow from $7.00 billion in 2024 to $8.90 billion in 2025 at a compound annual growth rate (CAGR) of 27.0%. The growth in the historic period can be attributed to increasing demand for automation in workflows and processes, growing need for improved decision-making, increasing use of cloud computing, increasing focus on digital transformation, rise in generative AI-based code generation.
The generative AI in organizational collaboration market size is expected to see exponential growth in the next few years. It will grow to $22.94 billion in 2029 at a compound annual growth rate (CAGR) of 26.7%. The growth in the forecast period can be attributed to facilitation of remote team collaboration, increasing need for predictive analytics, increased focus on employee well-being through AI collaboration tools, increase in ai-powered collaboration tools for the education sector, increasing use of ai to detect and resolve collaboration bottlenecks. Major trends in the forecast period include the adoption of AI-powered tools, demand for real-time data processing, faster innovation cycles, integration with legacy systems, and use of natural language processing (NLP).
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Who are the top players in the generative ai in organizational collaboration market?
Major companies operating in the generative AI in organizational collaboration market are Microsoft Corporation, Accenture Plc, International Business Machines Corporation, Oracle Corporation, SAP SE, Salesforce Inc., Zoom Video Communications Inc., Zoho Corporation Pvt. Ltd., Atlassian Corp., Blue Yonder Inc., GEP, Asana Inc., Canva, HashiCorp Inc., Wrike Inc., Airtable, Gong io Ltd., Kaltura, ClickUp, Jasper AI Inc., Artera, Glean, Tidio LLC, Hugging Face Inc., Synthesia Ltd., Cohere Inc.
What are the major trends in the generative ai in organizational collaboration market?
Major companies operating in the generative AI in organizational collaboration market are focusing on developing technologically advanced solutions, such as artificial intelligence tools, to enhance efficiency, accuracy, and decision-making by automating complex tasks, analyzing large datasets, and providing insights in real time. Artificial intelligence tools are software or systems that utilize machine learning, natural language processing, or other AI technologies to automate tasks, analyze data, and assist in decision-making processes. For instance, in December 2024, Jasper AI Inc., a US-based enterprise AI marketing company, launched the Jasper Studio. Jasper offers a unique feature that allows marketers to design and deploy artificial intelligence apps and workflows with native integration into Slack. This integration streamlines workflows by embedding AI-powered content creation directly into collaboration channels, enabling marketing teams to easily access nearly 100 Jasper apps, use Brand IQ to maintain a consistent voice and tone, and generate content directly within their slack channels.
Which geography holds the highest generative ai in organizational collaboration market share?
North America was the largest region in the generative AI in organizational collaboration market in 2024. The regions covered in the generative AI in organizational collaboration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the generative ai in organizational collaboration market?
The generative AI in organizational collaboration market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment Mode: Cloud-Based, On-Premise
3) By Organization Size: Small And Medium-Sized Enterprises, Large Enterprises
4) By Industry Vertical: Information Technology (IT) And Telecommunications, Banking, Financial Services And Insurance (BFSI), Healthcare, Manufacturing, Retail, Education, Government And Public Sector, Other Industry Verticals
Subsegments:
1) By Solution: AI-Powered Virtual Assistants, Automated Content Generation Tools, AI-Driven Document Management Systems, Real-Time AI Translation And Transcription Solutions, AI-Based Workflow Automation Platforms
2) By Services: Consulting And Strategy Development Services, Integration And Deployment Services, Managed AI Collaboration Services, Training And Support Services, Customization And Optimization Services
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How is the generative ai in organizational collaboration market defined, and what are its core characteristics?
Generative artificial intelligence (AI) in organizational collaboration refers to the use of advanced artificial intelligence models capable of creating content, ideas, or solutions to enhance teamwork and productivity within an organization. By leveraging technologies such as natural language processing and machine learning, generative AI can automate repetitive tasks, facilitate brainstorming by generating innovative ideas, and improve communication through real-time language translation or automated content creation.
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