Launched in 2013, Searchable Log of All Conversations and Knowledge, shortly written as Slack, has revolutionized interoffice communication. Slack makes sending and receiving messages within the corporate environment easy and provides synergy between employees and management. Slack’s ability to provide timeless communication for daily business activities has made it a go-to solution for many companies. Its $26.51 billion valuation and 33.95% market share reflect its relevance and dominance in the business communication market.
With nearly 39 million daily active users (38.8 million), Slack is anticipated to grow more, potentially reaching 47.2 million daily users by 2025. Check out these thrilling Slack statistics for more insight into Slack’s relevance in the corporate world.
Key Slack Statistics
General Slack Statistics
1. Slack is simply an acronym.
Slack is a short form for a Searchable Log of All Conversations and Knowledge. To most people, the word “slack” at first mention means inactive. This is not the case, as it implies an acronym for a messaging app.
2. The number of minutes spent on the Slack app was over 1 billion daily in 2022.
Slack had over 110,000 paying subscribers in the first quarter of 2020. Adding new users increased its usage to over 1 billion minutes daily. The COVID-19 pandemic had a positive effect on the app. More customers were added by the day with the stay-at-home policy in place.
3. Slack has released more than 2,600 applications to the market.
As Slack expands, it also develops more apps to the delight of users. Statistics show that 2,600 apps work seamlessly alongside Slack. This goes to show that it is easy and convenient to use. Users can easily navigate their tools to their team and save time for better decision-making. Moreover, workers can work in harmony and at great speed wherever they are.
4. Slack has released more than 2,600 applications to the market.
As Slack expands, it also develops more apps to the delight of users. Statistics show that 2,600 apps work seamlessly alongside Slack. This shows that it is easy and convenient to use. Users can easily navigate their tools to their team and save time for better decision-making. Moreover, workers can work in harmony and at great speed wherever they are.
5. Slack will most likely hit 79 million active monthly users by 2025.
Expectations are quite high concerning the growth of Slack active users. It currently has 65 million active users monthly, and this number is estimated to reach 79 million by 2025.
Slack User Statistics
Slack apps have grown in acceptance across various industries. As of 2023, it had more than 32.3 million active daily users, who spent at least 9 hours every day on the app. Let’s take a look at some highlights of the Slack user base.
6. Over 600,000 businesses across the world make use of the Slack messaging app.
More than 600,000 businesses in 2021 made use of Slack. Just 88,000 subscribed to its premium package. The larger number (550,000) made use of Slack’s free version. This messaging company will capture the global market in the next few years. It ensures that everyone in and out of the workplace has a free flow of communication.
7. More than 3 million folks pay their way to use Slack services.
Its easy-to-use interface has attracted a large number of users. Slack’s official page shows that more than 3 million people use its subscription plan. Users with the paid plan can easily access its messaging app services. The upside of Slack is making messaging possible in real-time within the corporate world.
8. The average person spends up to 9 hours on Slack.
The majority of Slack users leave the app running on their devices the whole day. A person will certainly not spend all day on the Slack app. Most people actively use the app for about 1.5 hours a day. A lot of Slack users are in the habit of being signed in even when they are not actively using it. This is so as a lot of remote staff use the app as their main means of messaging.
Slack Growth Statistics
9. There are more than 2,045 workers across Slack’s global offices.
Slack has more than 2,045 staff working at its headquarters. The company always strives to maintain its modus operandi in all its work centres. It expects all workers to be lively and creative and to help each other. Users can count themselves lucky to get great services from dedicated Slack staff. Over the years, Slack has shown that it values customer loyalty.
10. Slack is strategically positioned in 11 other countries aside from the United States.
Slack strives to be an automated intelligence platform that puts together all conversations and apps in a single place. It provides businesses with all they need to grow and be productive as well. The company has grown since its purchase by Salesforce in 2021. Slack can boast of customers in over 150 nations around the world. There are 11 global offices from which Slack serves its clients. It has offices in places like Melbourne, New York, Denver, London, and Paris.
11. Small businesses can subscribe to a monthly fee of just $7.25 on Slack.
Slack allows clients to choose from a range of pricing plans. Clients can opt for a monthly Slack Pro plan of $7.25. This plan runs monthly for a whole year. It also has a monthly plan that goes for $8.75 a month. This plan also covers your whole business year. Companies can go as far as paying for Business+, which costs just $12.50 monthly. There is also the option of a $15 monthly plan for one year. Clients with a large workforce can pay for Enterprise Grid at $240 for each user yearly.
Slack Chat Statistics
Slack’s central focus is connecting people, data, and applications. To use its paid version, you must subscribe to unlimited messaging. It’s fun to use Slack messaging with a vast number of emojis, which sets Slack out from the rest of the market.
12. As large as 32.4% of the entire video call market was controlled by Slack in 2020.
Slack won the hearts of many, with a 32.4% share in the visual call marketplace. This messaging app stood alongside industry movers like Skype. There was a sharp fall in Skype’s popularity during the COVID-19 pandemic. Skype was unprepared at the time to handle the shift to remote work. This gave Slack the chance to gain traction in the global market.
13. Companies can create more than one channel with the Slack unlimited plan.
There is a limit to how many messages you can send on the free Slack plan. Users are entitled to just 10,000 messages on the free plan. You will need to get a Pro plan to continue sending and receiving messages. Slack Unlimited allows you to create as many channels as desired.
14. Up to 87% of people who use the Slack service have better work communication.
Research by Slack Workplace showed that 87% of businesses have better work environments. The respondent said Slack is a vital tool in promoting communication among workers. Slack policies help to foster a better customer experience.
15. Work output for businesses rose by 26% using Slack+Salesforce Customer 360.
As of 2022, the workforce output of businesses using Salesforce had increased to 26%. This positive report was due to a 28% increase in workers’ response to customers. Slack’s partnership with Salesforce shows companies’ willingness to embrace new technology. After all, new technology improves business services.
Must-Know Facts About Slack
16. More than half of the top 100 companies are on Slack Premium.
As many as 65 out of 100 Fortune 100 companies make use of Slack services. Some of the companies that use Slack are Apple, Walmart, and General Motors. Slack workers are tasked with making sure that companies work more efficiently.
17. Slack revenue in the first quarter of 2022 rose to over $273.4 million.
Slack revenue during the first quarter of 2022 rose to $273.4 million. This meant an increase of 36% from the past year. Also, billing within the same period stood at $278.5 million. That was an increase of 35% in just one year.
18. Its market share stood at 33.95% as of 2023.
This messaging app has experienced growth in the communication sector. Slack is doing better when compared with others, like WhatsApp Business (18.41%). Microsoft Office 365 had a little less, with a 14.06 market share. Slack recorded a market share as large as 33.95% in just 2023.
19. Microsoft SharePoint controls the collaborative software industry with a market share of 24.86%.6
Microsoft SharePoint controls 24.86% of the collaborative software marketplace, while Slack has a market share of 17.49%. Some experts believe that SharePoint is moving to replace Slack in the market. If you are looking for a person who can manage calls and messages, the best choice is to subscribe to one of Slack’s plans.
20. Slack provides users with a vast number of fun emojis to choose from.
An account by Business Insider shows that Slack makes messaging fun among co-workers. These emojis are designed to portray your emotions while interacting. It gives the ideal tone of voice in online communication.
Additional Slack Facts
21. Slack’s value has risen to $26.51 billion within the first half of 2024. There has been a significant change in Slack’s value in recent years. Slack was worth $105.2 million as of 2017. Its value grew in just two years to reach $13.2 billion at the end of 2019. This messaging app company is worth $26.51 billion as just May 2024. Slack is currently the 741st best-performing company by market cap.
22. Up to 420,000 people use the Slack service in New York City. New York City has the largest number of Slack users, with 420,000. Tokyo comes next with a total of 330,000 users, and London has 196,000 users. The fourth on the list is Berlin, with 82,000 users. The number of businesses in a place plays a part in Slack’s client base. New York has a large number of businesses, which is why it has such a large clientele.
23. Slack boasts over 2,500 employees and counting. It works seamlessly with up to 4,000 apps and processes over 1.5 billion messages monthly.
24. As of 2019, it had about 12 million active daily users. Over 50% of active daily users do not reside in the United States. The highest number of its users is in the United Kingdom, Australia, Germany, and France.
25. Since starting operations in 2009, Slack has undergone several changes. The company became publicly listed in 2019.
26. At least 47% of Slack messaging teams are more productive.
27. About 25% of Slack users are in the information tech and services industry, 24% are in the computer software industry, 14% are in the marketing and advertising industry, 11.65% are in internet firms, and 5% are in the retail sector.
Conclusion
Slack has done well for itself since its inception in 2009. The company has experienced a series of growth, including partnering with Salesforce. This has paid off with the increase in the number of users across the globe. Messaging in the corporate world has been made easier with Slack. Searchable Log of All Conversation and Knowledge, otherwise called Slack, is sweeping across all frontiers. It is a game-changer in the video call market. This company is also faring well as a messaging app. Finding new ways to ease communication is Slack’s success driver. You don’t have to limit yourself to a few thousand messages on Slack. Get a monthly payment plan for limitless messaging for as low as $7.25. What are you waiting for? Get Slack now on your device.
FAQs
Having unlimited access to messages is not an issue with Slack. Users can opt for a monthly plan for as low as $7.25. This plan allows you to make audio and video calls with up to 50 people. Users have access to limitless apps and search with Slack Pro.
The Slack team is well-trained to deliver top-notch services to clients. They attend businesses in over 150 countries across the world.
The city of New York leads in terms of the number of Slack users, with 420,000. Tokyo comes in second place with up to 330,000 Slack users.
The company, in 2023, had an active monthly user base of more than 32.3 million. Slack monthly users will most likely reach 79 million by 2025.
Slack offers seamless messaging, video calls, and chat among workers. Users are certain of transparency, security, automation, and lots more. It also provides a platform for workers to converse in multiple channels.
