Today, we’re rounding up the best Collaborative Whiteboard statistics for 2023 your business must know.

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Key Collaborative Whiteboard Statistics 2023 – MY Choice

  • The Collaborative Whiteboard Software Market is growing at a CAGR of 14.1% over the next 5 years. 
  • The collaborative whiteboard software market share is expected to rise to USD 2.35 billion from 2021 to 2026
  • Market growth in this region will be faster than the growth of the market in South America and Europe
  • Ther’s is an increase of 44% since the pandemic began in Collaborative Whiteboard industry 
  • One of the key factors driving the global collaborative whiteboard software industry growth is the growing focus on the remote working model.
  • best Tips for Collaborative Whiteboard users:
    •  Keep videos under 8 minutes.
    • Break longer content up into smaller videos.
    • Don’t record everything in one go. Use the mix recording functionality to add new elements layer by layer.
    • Don’t attempt perfection right off the bat. Use our timeline editing to improve your final result.
  • You’re 279.64 times more likely to climb Mount Everest than click on a banner ad.
  • The outbreak of COVID-19 prompted enterprises to ramp up their adoption of communication tools, which enables enterprises to connect and communicate with their employees remotely while guaranteeing their safety.

Collaborative Whiteboard Statistics

Collaborative Whiteboard Market Statistics

  1. The Global Collaborative Whiteboard Software market was valued at USD 1,393.87 million in 2020 and is expected to reach USD 3,163.98 million by 2026, registering a CAGR of 14.1%, during the period of 2021. 
  2. Microsoft Corp., Slack Technologies Inc., and Google LLC are the leading providers of cloud-based collaborative whiteboard software.
  3. The deployment of cloud-based collaborative whiteboard software helps organizations save costs on hardware and software.

Collaborative Whiteboard Latest Statistics

  1. gathering accurate and complete information about the technical nature of a client’s project is one of the key tasks in statistical consulting
  2. The solutions also reduce IT maintenance complexity and increase the range of information accessing channels.. 
  3. If statisticians and domain experts were 100% perfectly logical, common knowledge of a fact would be sufficient to appropriately act upon that fact , “Logical Omniscience and Common Knowledge WHAT. 
  4. Focusing on how the information will be useful for achieving the project’s goals, and reserving adequate time (10%–20% of the meeting time). 
  5. Asia Pacific Largest Market North America CAGR is 14.1 %.
  6. Microsoft revealed its Microsoft Teams’ collaboration and communication service had seen a 775% increase in monthly users in Italy, where social distancing measures or shelter-in- place orders have been enforced. 
  7. 70% of the CEOs are focused on automated tasks to accelerate the digital transformation, modify the business model and improve innovation. 
  8. The Collaborative Whiteboard Software Market is growing at a CAGR of 14.1% over the next 5 years. 
  9. Gartner Survey Reveals a 44% Rise in Workers’ Use of Collaboration Tools Since 2019 Nearly 80% of workers are using collaboration tools for work in 2021, up from just over half of workers in 2019, according to the Gartner,. 
  10. Ther’s is an increase of 44% since the pandemic began in Collaborative Whiteboard industry 
  1. Storage/sharing and real time mobile messaging tools also saw increased use during the pandemic, used by 74% and 80% of 2021 respondents, respectively. 
  2. While workers globally reported that they spent, on average, 63% of their meeting time in person in 2019, that number dropped to 33% by 2021 as more meetings took place over audio and video
  3. Gartner predicts that by 2024, in-person meetings will drop from 60% of enterprise meetings to 25%, driven by remote work and changing workforce demographics. 
  4. bounce rate dropped 15% points after companies adopted continuous scroll. 
  5. In 10 years, a $10,000 investment in design centric companies would have yielded returns 228% greater than the same investment.
  6. revenues jumped 35% after they listened to their community and incorporated suggestions into their homepage redesign
  7. 88% of online consumers are less likely to return to a site after a bad experience. 
  8. Judgments on website credibility are 75% based on a website’s overall aesthetics. 
  9. 85% of adults think that a company’s mobile website should be as good or better than their desktop website. 
  10. In an evaluation of 200 small business websites, 70% of them didn’t display clear callstoaction for anything on their homepages, such as specials, email newsletters, how-to guides, demos, and interactive tools. 
  11. 90% of people use multiple screens sequentially. 
  12. You’re 279.64 times more likely to climb Mount Everest than click on a banner ad.
  13. 43% of the C suite indicated that their company had been forced to delay major launches, campaigns, or initiatives as a result of employees working from home and collaborating virtually. 
  14. Productivity was also cited as one of the top three concerns by 78% of lower. 
  15. Among managers who had concerns with employees working from home, 86% ranked productivity as the top concern. 
  16. Only 52% of remote workers said productivity suffered the most while working from home and 40% said working from home actually made them more productive. 
  17. 11% even admitted to taking a shower or using the bathroom during a meeting!. 
  18. As explained earlier, during the pandemic, managers were worried most about productivity — 90% rated it as one of their top three concerns related to employees working from home. 
  19. 75% of employees cited collaboration as having suffered the most, rather than productivity. 
  20. In fact, 75% of remote employees who expressed concerns about working from home ranked team collaboration as the aspect of their work that suffered the most. 
  21. 25% of workers said people worked more individually in silos. 
  22. One of the most telling indicators of the need for effective virtual collaboration tools was the fact that nearly 1 in 5 (17%). 
  23. Interestingly, the C suite who should have set an example for their organisations were often the worst offenders (43%). 
  24. Of those remote workers who met with colleagues, roughly 1 in 4 (23%). 
  25. 17% of workers said the work being produced was of a less creative standard. 
  26. Even managers were not immune to creative struggles 38% of Csuite managers said they were slower to make decisions and take action since working from home, and 28% of C suite managers say they struggled to innovate and devise creative solutions. 
  27. In fact, 37% said that the constant notifications from collaboration tools disrupted their ability to be creative. 
  28. 24% of management got frustrated when ideas generated in virtual meetings were lost because there was no centralised place to jot things down. 
  29. In fact, 27% of remote workers cited drawing as one of their favourite ways to explain an idea to someone else. 
  1. Additionally, a resounding 93% of those who have a virtual whiteboarding tool said that it was effective in helping communicate in a remote work situation. 
  2. 83% of remote workers in the pandemic said they experienced coming up with a great idea in a team brainstorm that never got any follow. 
  3. 70% said their idea didn’t even make it into the notes and got lost in next steps. 
  4. Meanwhile, when in the office, 49% of workers experienced the frustration of having someone erase a whiteboard where ideas were drafted. 
  5. Of those that used them, 97% of managers and 89% of employees said virtual whiteboarding tools were effective. 
  6. Lucid products are utilised in over 180 countries by more than 30 million users, including customers like Google, GE, NBC Universal, T Mobile, and 99% of the Fortune 500. 
  7. Brought to you by the makers of Lucidchart, trusted by millions of users worldwide, including 99% of the Fortune 500. 

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