Team Collaboration Software Market Size, Industry Trends, Leading Players, Share and Forecast to 2027 The global team collaboration software market size was accounted for around USD 10 billion in 2019 and expected to register a significant CAGR of 12% during the forecast period 2020 to 2027. 40 Global Team Collaboration Software Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027. This latest industry research study analyzes the Team Collaboration Software market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants. The increasing need for team collaboration to increase business productivity and digitization is impacting market growth. Increasing smartphone penetration and unified communication as a service across the globe are expected to fuel the market growth. In addition, surpassing the increasing BYOD advancements in associations and the presence of new team collaboration tools, and related practices are also projected to grow in the market.