In June this year, Gartner analyst Nikos Drakos updated some market definitions so that the "integrated collaboration" market is now the "collaboration and social software market" and flagged their intention to start producing a magic quadrant.
It is not completely clear to me but Nikos appears to have changed the name of the market again to the "enterprise social software" market and released a report sizing the market in July. Regardless, the report is interesting because it gives us all some numbers we can point to... with a strong 41.7% CAGR:
The enterprise social software market is projected in 2011 to grow from US$ 226 million in 2007 to more than US$ 707 million.
Enterprise social software is forecast to have compound annual revenue growth of 41.7% through 2011.
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