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Collaboration Broadens in the Electronic Design Community (Download)

Dec. 5, 2022

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Collaboration of design and development efforts in the creation of products, services, and solutions isn’t a new idea, but recent developments in both the tools available and the reasons to use them have permanently changed the design landscape. The ability for a team to work together remotely using telepresence tools and software has proven to be a game-changer in all aspects of the electronic products manufacturing industry.

According to MarketsandMarkets.com, the global enterprise collaboration market should grow from $47.2 billion in 2021 to $85.6 billion by 2026. This is being driven by the increased demand for real-time remote collaboration tools, cloud-based collaboration and design services, and project- and task-management solutions. Although these trends have been in existence for some time, the perfect storm of COVID-19 lockdowns forced a significant acceleration in application growth and market penetration.

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