I’m so excited to share these cool collaboration statistics with you today!
Also with a nice-looking infographic at the end to visualize it all. 🙂
Here is our the table of content:
- General WorkPlace Collaboration stats
- Digital & Online Collaboration Stats
- Collaboration & Team Work in Covid
- Brand Collaboration Stats
- Team Collaboration Stats
- Collaboration Tools Stats
- Market size & Trends
- Teamwork vs. Individual Work statistics
- Benefits of Collaborating in Workplace
Yes is true! Teamwork makes the dream work.
Every company has had to understand the significance of collaboration and effective teamwork.
Especially as the world comes out of a crippling pandemic that has affected business operations all over.
Now, more than ever, every organization needs to be more focused on ensuring collaboration.
Technology has helped significantly in this regard, thanks to incorporating collaboration tools that enable employees to work together and improve their operations.
To help provide more insights into collaboration, we should examine some awesome statistics regarding it and how it could transform operations:
General Workplace Collaboration Statistics (KhrisDigital’s choice)
- 75% of employers view teamwork and collaboration as being important.
- 86% of executives and workers claim that a lack of collaboration – or ineffective communication – is the top reason for failure in the workplace.
- 80% of businesses apply collaboration tools to optimize their business operations.
- 39% of employees believe that people don’t collaborate enough in their organizations.
- 33% of millennials are on the hunt for collaborative workspaces.
- 18% of employees get evaluations related to collaboration as part of their performance reviews.
- 47% of employees would prefer to stay in a company if they can “work with a great team”.
- Companies with effective communication have a 50% higher chance of reducing employee turnover.
Digital & Online Collaboration Statistics
Digital tools have improved just about everything that companies do.
As expected, collaboration has also been a part of this. Today, it is almost impossible to do anything without technology.
The statistics below show some of the most critical roles played by digital technology in optimizing collaboration:
#9. The online collaboration industry should hit a $48.1 billion valuation by 2024, growing at a 9.2% cumulative annual growth rate.
This is a huge one.
The adoption rate of enterprise collaboration solutions is expected to grow, due to the growing use of social networking websites and the increasing usage of mobile devices for collaboration.
#10. Online collaboration tools could help to facilitate up to a 30% increase in productivity.
Besides saving a ton of time and bringing your team to work together virtually…
Collaboration software will provide a real-time overview of how well somebody is performing or when projects are stuck.
It’ll also give your company much-needed focus and structure. These all lead to an overall increase in workplace productivity.
#12. 83% of workers require some form of technology to facilitate collaboration.
The 5 core tech types that help facilitates effective teamwork collaborations are:
- Business Process Management
- Electronic Form Software
- Communication technology
- Conferencing technology
- Coordination technology
Technology is at its best when it promotes collaboration and cooperation.
This can be seen in the use of technology to better communicate, collaborate, and cooperate with one another among teams operating on various projects.
#13. Remote work could save employers up to $11,000 annually.
(source: Global Workplace Analytics)
You may be thinking right now: “how does remote work save companies money?”
Well, the data from Global Workplace Analytics proves it all. That a typical company can save around $11k per year for every employee who works from home.
You can save on things like:
- Real estate costs
- Transit subsidies etc
In fact, FlexJobs has so far saved more than $5 million from remote work since 2007.
#14. 70% of workers confirmed that digital tools helped to improve their collaboration.
(source: Aruba Networks)
Again, we’re placing emphasis on the use of digital marketing platforms.
You see, digital workspace tools helped to improve the collaboration of workers with one another.
They tend to help them feel more comfortable with one another leading them towards successful project completion.
Collaboration and Team Work during Covid-19
With the coronavirus and subsequent lockdowns, it has been more necessary for companies and employees to work from home.
Everyone has embraced the remote work with full arms.
With the digital and online tools providing a reliable base of support for companies to expedite their processes across the board.
Below are some impressive statistics about online collaboration during the pandemic you might be interested in:
#15. Zoom was the #1 tool for online collaboration and remote work in the United States in 2020
As of April 2020, more than 36% of employees in the United States used Zoom when working remotely, followed by Microsoft Teams with 19%.
While Skype had a 17% share. Google Hangouts – 9%. Slack – 7%.
These applications enable employees from different locations to collaborate in a virtual work environment.
As the modern workplace becomes increasingly hybrid, these software applications become the cornerstone of emerging remote work models.
#16. Web conferencing is the most significant collaboration technology need for companies
(source: TrustRadius )
With the massive demand for web conferencing and webinar tools in every establishment – it leads the pack as the most weighty collaboration tech:
- It reduces training costs and travel expenses
- Provides a flexible support solution
- Allows teams and professionals to host interactive webinars and online events
- Streamlines client review processes
Other requirements that make up the top five are collaboration, remote desktop, security, and learning management systems (LMS).
#17. Throughout 2020, traffic to collaboration software grew at its peak in March, with almost 30,000 pageviews.
(source: TrustRadius )
#18. The United States led all countries in collaboration software acquisition. Other countries in the top ranks include India, the United Kingdom, and Canada.
(source: TrustRadius )
#19. California, Texas, and New York were the three states in the U.S. with the highest traffic on collaboration software.
(source: TrustRadius )
#20. By 2024, enterprises with intelligent and collaborative work environments will see 30% lower staff turnover, 30% higher productivity, and 30% higher revenue per employee than their peers.
(source: International Data Corporation – IDC)
As the business inspiration of digital trust continues to increase, the contribution and collaboration of “digital coworkers” will keep rising as more tasks are automated and augmented by technology.
IDC’s research tells us that during this time of uncertainty, proactive organizations have been able to keep their day-to-day operations going without interruption.
They’ve integrated emerging technologies and adapted for the shifting work landscape.
By bolstering digital trust and harnessing power from hybrid cloud platforms in order to increase collaboration between teams across various geographic locations.
The coronavirus pandemic proved to be perhaps the most pivotal push that the world needed towards collaboration – especially in the online space.
Brand Collaboration Statistics
Brands have been collaborating for decades in order to increase their size, and this is something that will continue as long as there are brands.
Below are eye-opening branding stats that can help you understand the importance of brand collaboration.
#21. Data shows that brand partnerships that use digital channels can see up to 4X the pipeline growth of non-digital collaborations.
Partnerships can be an excellent marketing tool.
It brings brands together to help them reach new audiences, advertising a new offer to their customers, and enhance the perception of their brand.
#22. In 2018, KPMG reported that 33% of CEOs planned to prioritize better partnership – a move that could have significant effects on their business operations.
Obviously, partnering is a way for companies to make their brand more well-known, and this can also result in new customers being attracted by the company’s products or services.
#23. Burberry teamed up with the Japanese messenger app Line in 2015, allowing the former to neuter the Japanese market and improve brand exposure in the country.
#24. Google reported that in 2020, Estée Lauder collaborated with another U.S.-based retailer to create joint Google Ads. The result was a 70% increase in average ad clicks for the latter brand’s fragrance products.
#25. In 2018, Coors Light collaborated with National Geographic to launch several video ads for the Icelandic market. The campaign managed to reach 10.5 million people, bolstering brand favorability by 6.8%.
(source: Facebook for Business)
#26. In 2020, Aarki coordinated a marketing partnership between a gaming app and another brand. The gaming app saw a 32% jump in downloads after the collaborative ads hit the other company’s contact list across social media platforms.
Team Collaboration Statistics
There’s a significant chance that every employee at a workplace belongs to a team.
Employers tend to break work processes down, allowing related workers to team up to enhance workflows and improve productivity.
For some people, teaming up isn’t overly necessary. However, this process can also yield significant results if applied correctly.
Here are some statistics that favor teamwork and portrays why you need it:
#27. Workers spend about 50% more time doing collaborative work – a process which the Harvard Business Review calls “collaborative overload.”
#28. Another HBR report says that teamwork can also be essential for employee wellbeing.
The above report further highlights that teamwork is also a contributor to low employee burnout.
When you work together, it’s more enjoyable and less taxing.
It also creates a strong team that will support each other when the going gets tough.
Working in tandem with other employees is an excellent way to avoid burnout. A team effort can help you make it through the stressful days and give yourself a break every once in a while!
#29. Only 47% of employees believe that they gave a clear idea of the organization’s objectives.
#30. McKinsey & Co. reports that 97% of executives and employees blame a lack of alignment within a team as a reason for constant project failures.
#31. Over 1,500 organizations worldwide have incorporated Human-AI collaboration in their processes.
Artificial intelligence is quickly becoming an integral part of the workplace.
It is changing the world rapidly as more corporations begin to adopt it. Transforming the way they work.
And over 1,500 (and counting) organizations have incorporated Human-AI collaboration in their processes to achieve high levels of efficiency.
Collaboration Tools Statistics
Collaboration won’t be possible without the use of several tools and equipment.
These tools help to facilitate teamwork, allowing people to partner whether they’re together or apart.
The following statistics shed some more light on these collaboration tools and their role in optimizing your company workflows:
#32. The online collaboration software market has been predicted to reach about $13.58 billion in 2024.
Increasing from around $7 billion in 2015 to over $12 billion in 2019 – the collaboration tool industry keeps growing.
These platforms enable the sharing, processing, and management of files, documents, and other data types among several users, organizations, or systems.
#33. The global market for social and collaboration software is forecast to reach a size of 6.9 billion U.S. dollars by 2024.
Social collaboration technologies such as Microsoft Teams, Trello, and Slack can foster better workplace communications and higher efficiency.
Social collaboration is the process through which multiple people, groups, or departments can interact with each other to achieve common goals.
It has transformed many industries and workplaces over the years.
By enabling them to tap into a wide range of expertise in real-time regardless of where their colleagues are located.
#34. Connected offices can help companies save up to 40% on their lease and real estate costs.
#35. 60% of millennials and Generation X members would prefer to collaborate via visual media.
This is another statistic that companies would want to consider as they prepare to be viable in the next few years.
Collaboration Market Statistics and Size Trends
With collaboration becoming more of a trend across the world, it is important to get a view of what the future holds and how operations could change the valuations of some industry leaders.
Here are some significant collaboration market statistics to watch out for:
#36. The team collaboration market is forecasted to be valued at $24.2 billion in 2027.
The team collaboration software market size was valued at $9.5 billion in 2019. And 10.5 billion in 2021.
It expected to grow at a compound annual growth rate of 12.7 percent up until 2027.
#37. North America is the global leader in collaboration software usage, with a 38.9% total market share in 2019.
Teamwork vs. Individual Work statistics
With the argument over teamwork and individualism still raging, it is worth seeing how both working systems compare to each other.
The following statistics should be able to help you out:
#38. According to a report from Gusto, 37% of workers claimed that the opportunity to work with a great team was their top reason for staying at their firm.
#39. 48% of workers rate peer collaboration as their ideal method of learning in the workplace.
Sometimes the best way to learn is by collaborating with peers.
Believe it or not, people do best when they work together.
We all have different strengths and weaknesses; so we can learn from each other’s experiences in order to help one another overcome challenges that might be too difficult for any individual person alone.
#40. 81% of workers highlight improved collaboration as the reason for their bolstered productivity.
#41. Recognizing the quality work done by employees and workgroups can bolster company profits by 29%.
It should be noted that collaboration doesn’t necessarily work for everyone.
Certain people do their best work while they operate solo, primarily because they prefer the freedom to innovate and move at their own pace.
There is also the fact that some tasks can’t be completed with teams.
However, given the same circumstances, collaboration and effective teamwork should be a much more desirable outcome than working solo.
Benefits of Collaboration in the Workplace
With all the statistics shown, it is easy to ask why you should promote a culture of teamwork and collaboration.
Teamwork is better than working alone. No doubt!
One person can’t be great at everything, and collaboration allows for everyone to bring their skillset together to make the best product possible – while also learning from one another along the way!
The following statistics will help keep you engaged:
#42. Emergenetics, reports that collaboration is one of the most significant requirements for employers.
If you want to reach your full potential in the workplace, then collaboration is one of the most important skills to possess.
As companies, these days are looking out more for people collaboration skills
#43. Oxford University reports that happy workers have a 13% higher efficiency and productivity rate.
(source: University of Oxford)
#44. Teams with higher connection levels can bolster profitability by as much as 21 percent.
#45. Salesforce reported in 2018 that employees are 4.6 times more likely to do their best work in teams where they feel heard.
#46. Disengaged and isolated employees cost U.S. companies about $550 billion annually.
This is a critical one if you ask me.
This is a good reason why it’s important to invest in employee engagement initiatives like company-sponsored wellness programs that promote a healthy lifestyle so they can live happier lives.
Both inside and outside of workplaces. Which helps to truly keep them engaged and motivated with their job.
#47. The Institute of Corporate Productivity reports that companies that promote collaborative working are five times more likely to be high-performing.
FAQs on Collaboration Statistics & Facts
Which is better; teamwork or individual work?
In truth, the answer to this question depends on the nature of the work.
Some jobs are better performed alone, while others will need you to work with others.
We also need to keep in mind that certain professionals would prefer to work alone when given the opportunity. These people feel more focused and flexible when they don’t have to tie the progress of their work to other professionals – a setting that helps them to work better and much faster.
However, if you’re given the choice of both in a situation where both can produce results, you’re most likely to find that teamwork is more ideal.
This is because:
When working alone, the individual can only produce so much; however when in a team there are others that help push it to greater heights with their own strengths and skillsets combined.
What percent of employers say effective teamwork is critical to the success of their business?
According to data from Queens University, 75% of employers say effective teamwork is critical to the success of their business.
There are several reasons why this is so.
Teamwork enhances seamless collaboration and provides an opportunity to contribute to the best of their abilities.
You can all share ideas and learn from each other while increasing the chances of completing a project much faster.
Teamwork can also help build morale while also creating a system that fosters the conduction of quality work.
How does collaboration increase productivity?
Collaboration has several benefits for worker productivity.
Some of them include:
- Reducing employee burnout:
Workers can delegate tasks to their colleagues, especially when they might not be feeling at their best.
As they take some time off, they can come back feeling much better.
- Bringing in fresh perspectives:
Teamwork fosters diversity, which enables different people to share ideas about how they think a project should be carried out.
With a multitude of ideas, you should be able to find easier ways to solve problems.
- Enhancing openness in the workplace:
Teamwork also enables people to be freer and more relatable in the workplace. Sooner or later, everyone opens up and can build lasting relationships from there.
- Encouraging integration in the workplace:
Collaboration enhances integration and the opportunity to brainstorm.
Everyone can exchange ideas, come up with new ways to get things done and find the best solutions that work.
- Bolstering employee retention:
Employees feel much better in settings where they can collaborate and work with others.
Beyond the opportunity to get jobs done, they can build relationships and also get avenues to improve their skills.
How does collaboration improve performance?
Collaboration primarily improves performance by helping companies to engage and carry everyone along.
When workers feel more involved, they are more likely to put in their best work.
They feel like their opinions are heard, and that their ideas are valid. So, they strive to provide the best work to help drive the objective forward.
What are some popular collaboration tools?
The following tools below have helped thousands of businesses:
- Zoom, Skype, FaceTime, Google Hangouts/Meets, etc. for effective meetings and video conferencing
- Slack, Asana, Basecamp, Trello, etc. for collaboration and task management
- Google Docs, Sheets, etc. for project dissemination
- Email platforms for communication and improved workflows
Teamwork and collaboration are the future of work.
We all saw the vital role collaboration tools and technology played during the pandemic. It’s crazy!
There’s no question about that.
With the business landscape undergoing a fundamental change, it is now more critical for companies to foster collaboration to blister their results.
While there are a few work environments where collaboration might not be possible, it is recommended that you build a culture of collaboration and teamwork as much as you can in your organization.
These statistics should be enough to convince even the most ardent skeptic about the significance of collaboration.
Here’s an Infographic that summarizes it all:
- Queens University
- Clear Company
- Global Workplace Analytics
- Aruba Networks
- Havard Business Review (HBR)
- Grandview Research