Visual Collaboration Platform Software Market Size

Visual Collaboration Platform Software Market size was valued at USD 10.22 Billion in 2023 and is poised to reach USD 152.3 Billion by the end of 2036, expanding at around 23.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of visual collaboration platform software is assessed at USD 12.34 Billion. The main driver in this market is the growing culture of remote working. The global number of workers working remotely has increased at an exponential rate since the COVID-19 outbreak accounting for 16% of global companies, increasing usage of visual communication and collaboration tools without compromising productivity.

The key to solving enduring issues is visual collaboration. Regardless of location, experience level, or personality, teams may discuss, cooperate, and solve problems both in real-time and asynchronously thanks to the flexibility and cloud-based settings offered by the digital solutions associated with visual collaboration. Applications for visual collaboration will dominate 30% of meeting encounters by 2024. This has provided a major boost to the market.