Digital Workplace Market Size, Share, Analysis Report

Digital Workplace Market By Deployment Type (On-premises and Cloud–based); By Vertical Type (Information Technology & Telecommunication, Banking, Financial Services and Insurance (BFSI), Retail, Healthcare, Government, Media & Entertainment, Energy & Utility, Transportation & Logistics, and Other Verticals) – Global Forecast by

The Digital Workplace Market is projected to reach US$ 66.5 Billion by 2027, Growing at a CAGR of more than 30.0% during the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

30

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

Digital Workplace is bringing mobility into tradition work-spaces by transforming the workplace into a flexible work styles environment. It is dramatically changing the way organizations work and collaborate with their employees and customers. Nowadays, productivity of information driven employees is mainly dependent on their employer’s ability to deploy a digital work-space.

How Big is the Digital Workplace Market?

The Digital Workplace Market is projected to reach US$ 66.5 Billion by 2027, Growing at a CAGR of more than 30.0% during the given forecast period.

Growth of the digital workplace market can be attributed to the increasing adoption of BYOD among large enterprises as well as SMEs. Furthermore, digital workplace is considered as a tool to bring value to business. It helps the company to attract talent, improve employee productivity, improve employee satisfaction and reduces employee retention by providing advance level of employee engagement culture in the organization.  

Based on Deployment Type, the on-premises segment is projected to lead the global digital workplace market during the forecast period. However, the cloud –based deployment offers higher flexibility in implementation of digital workplace solutions as compared to on-premises.
 
Based on Vertical, the digital workplace market is divided into information technology & telecommunication, banking, financial services and insurance (BFSI), retail, healthcare, government, media & entertainment, energy & utility, transportation & logistics, and other verticals. The Information Technology & Telecommunication vertical is projected to lead the digital workplace market during the forecast period. Furthermore, there has been rapid adoption of digital workplace solutions in BFSI sector. The healthcare vertical is expected to grow at the highest CAGR during the forecast period. This is attributed to increasing emphasis on patient satisfaction and focus towards engaging and supporting front-line staff in healthcare organizations.

The digital workplace solution providers are facing numerous challenges with respect to governance and compliance and understanding end user requirements. Managing cultural change in organizations acts a major barrier for the adoption of digital workplace.

The prominent players in the market have adopted new product launch, collaborations, and partnerships as key strategies to enhance their geographical presence. The big players in this market are constantly innovating and upgrading their flagship products to increase their market share. The new entrants in the market are focussing to collaborate with technology providers to innovate their product and augment customer reachability.

This Research Report provides following things:

1) An overview of the global market for digital workplace and related technologies.
2) Analysis of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Global Digital Workplace Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

Reasons to Buy this Research Report:

1) Obtain the most up to date information available on all Digital Workplace Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Digital Workplace Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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1    INTRODUCTION    

   1.1    Key Take Aways    
    1.2    Report Description    
    1.3    Markets Covered    
    1.4    Stakeholders    
    1.5    Research Methodology    
        1.5.1    Market Size    
        1.5.2    Market Share    
        1.5.3    Key Data Points From Secondary Sources    
        1.5.4    Key Data Points From Primary Sources

2 Research Methodology

    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data Taken From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data Taken From Primary Sources
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions

3 Executive Summary

4 Premium Insights

    4.1 Attractive Market Opportunities in the Workplace Transformation Market
    4.2 Market By Region
    4.3 Market By Type of Services
    4.4 Market By Vertical and Region
    4.5 Lifecycle Analysis, By Region

5 Market Overview

    5.1 Introduction

    5.2 Market Segmentation
           5.2.1 By Type of Service
           5.2.2 By Organization Size
           5.2.3 By Vertical
           5.2.4 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Adoption of New Technologies Such as Byod and Enterprise Mobility By Organizations
                    5.3.1.2 Changing Nature of Workplace and Processes Supported By Organizational Restructuring and Reorganizing
                    5.3.1.3 Reduction in Operational Expenditures
                    5.3.1.4 Changing Demographic Factors
           5.3.2 Restraints
                    5.3.2.1 Issues Related to Transformation and Integration of Processes By Organizations
                    5.3.2.2 Lack of Training and Education Among Workforce
           5.3.3 Opportunities
                    5.3.3.1 Rise in the Adoption of Technological Changes in Cloud and Mobility Market Space By Organizations
                    5.3.3.2 Profound Growth in the Adoption of Workplace Transformation Services By the Smes
           5.3.4 Challenges
                    5.3.4.1 Concerns Related to Data Security
                    5.3.4.2 Connectivity Constraints

6 Industry Trends

    6.1 Introduction
    6.2 Evolution
    6.3 Value Chain Analysis
    6.4 Strategic Benchmarking

7 Workplace Transformation Market Analysis, By Type of Service

    7.1 Introduction
    7.2 Enterprise Mobility and Telecom Services
    7.3 Unified Communication and Collaboration Services
    7.4 Workplace Upgradation and Migration Services
    7.5 Asset Management Service
    7.6 Service Desk
    7.7 Desktop Virtualization
    7.8 Field Services
    7.9 Workplace Automation Services
    7.10 Application Management Services
    7.11 Others

8 Workplace Transformation Market Analysis, By Organization Size

    8.1 Introduction
    8.2 Small and Medium Enterprises
    8.3 Large Enterprises

9 Workplace Transformation Market Analysis, By Vertical

    9.1 Introduction
    9.2 Banking, Financial Services, and Insurance
    9.3 Government
    9.4 Healthcare and Life Sciences
    9.5 Manufacturing and Automotive
    9.6 Retail
    9.7 Transportation and Logistics
    9.8 Media and Entertainment
    9.9 Telecom and Information Technology
    9.10 Others

10 Geographic Analysis

     10.1 Introduction
     10.2 North America
     10.3 Europe
     10.4 Asia-Pacific
     10.5 Middle East and Africa
     10.6 Latin America

11 Competitive Landscape

     11.1 Overview
     11.2 Portfolio Comparison
     11.3 Competitive Situation and Trends
             11.3.1 Agreements, Partnerships, and Collaborations
             11.3.2 Mergers and Acquisitions
             11.3.3 New Product and Service Developments
             11.3.4 Business Expansions

12 Company Profiles

     12.1 Introduction
     12.2 Accenture PLC.
     12.3 Computer Sciences Corporation
     12.4 Cisco Systems, Inc.
     12.5 Unisys Corporation
     12.6 Tata Consultancy Services Limited
     12.7 Capgemini
     12.8 Cognizant Technology Solutions Corporation
     12.9 HCL Technologies Limited
     12.10 Citrix Systems, Inc.
     12.11 Hewlett Packard Enterprise Development LP (HPE)
     12.12 Wipro Limited
     12.13 NTT Data Corporation
     12.14 IBM Corporation
     12.15 ATOS SE
     12.16 Infosys Limited
     12.17 Intel Corporation

Digital Workplace Market has been segmented as below:

Digital Workplace Market Analysis, By Type of Service

  • Enterprise Mobility and Telecom Services
  • Unified Communication and Collaboration Services
  • Workplace Upgradation and Migration Services
  • Asset Management Service
  • Service Desk
  • Desktop Virtualization
  • Field Services
  • Workplace Automation Services
  • Application Management Services
  • Others

Digital Workplace Market Analysis, By Organization Size

  • Small and Medium Enterprises
  • Large Enterprises

Digital Workplace Market Analysis, By Vertical

  • Banking, Financial Services, and Insurance
  • Government
  • Healthcare and Life Sciences
  • Manufacturing and Automotive
  • Retail
  • Transportation and Logistics
  • Media and Entertainment
  • Telecom and Information Technology
  • Others

Digital Workplace Market Analysis, By Geographic Analysis

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • Latin America

Got a question? We've got answers. If you have some other questions, see our support center.

The market is expected to grow at a CAGR of 30% during the study period (2022-2027)
The Digital Workplace Market is projected to reach US$ 66.5 Billion by 2027.
The segment included in Digital Workplace Market is Type of Service, Organization Size, Vertical and region.
Some key players operating in the Digital Workplace Market include Accenture PLC., Computer Sciences Corporation, Cisco Systems, Inc., Unisys Corporation, Tata Consultancy Services Limited
We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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