The global social software and collaboration market is set to hit US$4.5 billion this year, up 17.1% from 2020, according to the latest forecast by Gartner. The need to support remote work during the pandemic and social software integration with other enterprise apps is driving this growth. Gartner predicts that by 2025, nearly 65% of enterprise application software providers would include some form of social software and collaboration functionality in their products and services. Here are five other vital pointers from McKinsey:• For automak2ers and other mobility companies, the future will be clean, connected and electric. Services employ more people since services need a substantial human component, while manufacturing requires a significant capital outlay.

Source: The Edge Markets May 09, 2021 16:14 UTC