Japan Collaborative Workspace Forecast, 2024-2028

This IDC research report provides the collaborative workspace market performance in 2023 and market forecasts from 2024 to 2028. IDC classifies this market into "collaborative applications" and "content workflow/management applications" and analyzes and forecasts the market size. In 2023, the market entered a correction phase, because of the growth of the conference/virtual event application market, which has rapidly penetrated Japan companies over the past few years. On the other hand, the market growth was driven by continued high growth in content service applications, which account for a large proportion of the market, as well as demand for new functions related to the enhancement of digital workspaces, such as collaboration/task management tools for document creation in shared workspaces, two-way information dissemination functions to improve employee engagement, and digital adoption tools."For the Japan collaborative workspace market to continue to grow, IT suppliers should seize the business opportunities that come with the development of generative AI and help user companies improve productivity by strengthening industry/job-specific solutions that address the declining working population, promote use cases, and help to expand the scope of use of unstructured data through their own products," analyzes Saki Ota, senior market analyst, Software and Services, IDC Japan.This is the English translation of the Japanese document IDC #JP50707324.