Productivity Suite Survey: Mapping Growth Avenues
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Our inaugural report on the Productivity Suite market based on a survey of 591 respondents reflects leading adoption of the top cloud services and those poised to gain share over time. Our survey also provides insight on purchase criteria, bundling, & the potential to replace UCaaS / Security.
In our inaugural Productivity Suite report, we sought insight into the ~$44BN Productivity Suite market that investors rarely delve into because of historical dominance by certain players. There we found a lot of useful information.
Going down this road on inquiry, we found a lot of useful information.
The findings of our Productivity Suite report are based on a survey of 591 IT professionals and provide key customer insights on leading services, including customer adoption, drivers of future growth, and potential disruption of adjacent markets.
Global Cloud market revenue should reach $491BN in ’22 (per Gartner) and is expected to rise to $976BN in ’26 driven by the leading industry players and other competitors. Within the broader Cloud forecast, we estimate the Productivity Suite segment is a $44BN market in ’22, with multiple levers for growth over time, driven by leaders in the space.