Global Digital Workplace Market to Grow at 17% CAGR till 2024
Technological
advancements and adoption of digital workplace in various industries, such as
BFSI and IT & telecom to drive global digital workplace market through 2024
According
to TechSci Research report, “Global
Digital Workplace Market By Component, By Organization Size, By Deployment,
By End-User, By Region, Competition, Forecast & Opportunities, 2024”, digital workplace market, globally, is expected to exhibit
a CAGR of over 17% during 2019-2024, on account of increasing adoption of
cloud and enterprise-based mobility services among enterprises. Moreover,
burgeoning trend of bring your own device (BYOD) and improving efficiency and
reducing operational cost due to the use of digital workplace offerings are anticipated
to further aid market growing in coming years.
Browse 20 market data Tables and 109 Figures
spread through 110 Pages and an in-depth TOC on "Global Digital Workplace Market"
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Global
digital workplace market can be segmented based on component, organization
size, deployment, end-user and region. Based on the component, the market can
be segmented into solutions and services. With rising need to secure devices
used by employees, reduce business complexities and increase return on
investment, the service segment is expected to grow at a high rate during the
forecast period. In order to improve the productivity of employees and enhance
work culture, small & medium enterprises are implementing digital workplace
solutions. Digital workplace helps to automate processes and reduce cost and
time. Increasing need to implement digital workplace solutions, so as to
streamline business process and improve accuracy, is pushing the adoption of
these solutions in various end user industries.
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Microsoft,
IBM Corp., Cisco Systems, Inc., Citrix Systems, Inc., Atos SE, TCS Limited, NTT
Data Corporation, Intel Corporation and Accenture PLC are among the leading
players operating in global digital workplace market. Companies operating in
the market are using organic strategies such as product launches, mergers and
collaborations to boost their share. In 2017,
IBM launched IBM cloud application performance management with new features
like transactions tracking.
“North America dominated global digital workplace market in 2018 and is
expected to continue its market dominance during the forecast period, on account
of technological advancements, such as IoT, big data and cloud computing in the
countries like Canada and the US. Asia-Pacific is expected to grow at the
highest rate during the forecast period, backed by focus of enterprises to
upgrade their IT infrastructure and rising IT demand for digital transformation.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Global Digital Workplace Market By Component, By
Organization Size, By Deployment, By End-User, By Region, Competition, Forecast
& Opportunities, 2024” has
evaluated the future growth potential of global digital workplace market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global digital workplace market.
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