The global digital workplace management is predicted to reach USD 24.15 billion in 2024 and USD 58.12 billion by 2029, growing at a CAGR of 19.20% during the forecast period.
It is estimated that North America will have the biggest market size among all other areas, and the trend is anticipated to continue until 2025. Regarding digital workplace solutions and services, North America is the most mature market. Because the region is home to many businesses and has extensive technical knowledge, it adopts digital workplace solutions and services to assist businesses with advanced IT infrastructure. As the advantages of implementing cloud technologies become apparent, as well as the need to provide improved quality and safety of software, satisfy compliance requirements, and prevent hazards, businesses are quickly adopting digital workplace alternatives and services.
Global Digital Workplace Management Industry Market Drivers:
The availability of fresh techniques and instruments enables the improvement of employee management and provides a unified experience. Advancing intelligent technologies and increasing the implementation of these technologies are driving the general market for digital workplace technologies. There is an increasing need for collaboration and integration in an organization of technology, instruments, apps, culture, and individuals. Improved resource utilization leads to improved safety and delivery of applications.
The first phase of the research process is extensive secondary research and identifying the related intelligence. Secondary data is compiled from various sources. Extensive secondary research helps generate hypotheses and identify critical areas of interest that are investigated through primary research. This entails conducting hundreds of primary interviews with industry participants and commentators to validate the data points obtained from secondary research and to fill the data gaps. A primary interview provides first-hand information on the market size, growth trends, competitive landscape, future outlook, etc. It also helps in deciding the scope and deliverables of the study in terms of the market requirements. Primary research involves e-mail interactions, M telephonic interviews, and face-to-face interviews for to each market, category, segment, and sub-segment across geographies.
Digital Workplace Management is radically altering how employees operate, and the guidelines for employee engagement, cooperation, and productivity are being rewritten. Digital Workplace Management, made up of all the techniques that individuals use to get the job done in today's contemporary job setting, enables the aggregation of these instruments into a common user experience that has created a whole marketplace of alternatives, many but not all constructed on top of the Microsoft technology stack. The digital workplace comprises intelligible, usable, and productive instruments, platforms, systems, and environments for job delivery. A digital workplace makes it possible to work more efficiently, increasing employee engagement and productivity. Furthermore, the solution provides a straightforward and intuitive user interface for the organization to operate across different departments.
Global Digital Workplace Management Industry Market Restraints:
Technology is the primary element of the digital workplace, and business planning that is being converted into digital is also needed. Initial investment is high when the workplace is digitized.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
19.2% |
Segments Covered |
By Component, Organization Size, Vertical, and Region. |
Various Analyses Covered |
Global, Regional, & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
IBM, Atos, Wipro, DXC Technology, NTT Data, Citrix, Unisys, Capgemini, Cognizant, Accenture, TCS, CompuCom, HCL, Stefanini, Computacenter, Getronics and Others. |
This research report on the global digital workplace management market has been segmented and sub-segmented based on the component, organization size, vertical, and region.
Global Digital Workplace Management Market - By Component:
Solutions
Services
Professional
Managed
Professional services assist in consulting, integrating, and supporting organizations across different sectors to efficiently address threats, ensuring visibility and safety across all company functions.
Global Digital Workplace Management Market - By Organization Size:
Small and Medium-Sized Enterprises
Large Enterprises
In the large enterprise segment, the adoption of digital workplace solutions and services is greater, and the trend is anticipated to proceed over the forecast period. Large companies invest substantially in tactical marketing techniques to maintain their positions in highly competitive markets.
Global Digital Workplace Management Market - By Vertical:
BFSI
Telecommunications and ITEs
Media and Entertainment
Retail and Consumer Goods
Manufacturing
Companies are quickly adopting digital workplace solutions and services by leveraging other sophisticated techniques, such as facial recognition software, mobile platforms, and radio frequency identification.
Global Digital Workplace Management Market – By Region:
North America
The United States
Canada
Rest of North America
Europe
The United Kingdom
Spain
Germany
Italy
France
Rest of Europe
The Asia Pacific
India
Japan
China
Australia
Singapore
Malaysia
South Korea
New Zealand
Southeast Asia
Latin America
Brazil
Argentina
Mexico
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Lebanon
Jordan
Cyprus
North America is leading in adoption due to solid technology infrastructure and high digital literacy. Europe follows closely, propelled by a proactive attitude to digital transformation. Asia-Pacific has considerable development potential, driven by growing economies adopting digital solutions. The Middle East and Africa are undergoing steady growth, encouraged by increased awareness and investment in digital activities. Latin America's growth is moderate, reflecting a combination of technology advancements and economic factors. Overall, market dynamics across regions point to a global digital workplace management adoption trend, with regional differences influencing the global digital workplace management market.
KEY MARKET PARTICIPANTS:
The major companies operating in the global digital workplace management market include IBM, Atos, Wipro, DXC Technology, NTT Data, Citrix, Unisys, Capgemini, Cognizant, Accenture, TCS, CompuCom, HCL, Stefanini, Computacenter, and Getronics.
RECENT HAPPENINGS IN THE MARKET:
In May 2018, Citrix unveiled fresh technologies that promote the transition to people-centered computing. This allows organizations to offer a superior work experience that unifies everything a worker wants in one location while meeting the organization's most stringent compliance and safety needs.
In May 2018, DXC Technology announced on Amazon Web Services (AWS) DXC Platform as a Service (PaaS) for SAP solutions. The fresh offering is an expansion of DXC PaaS for SAP solutions, providing customers with a cost-effective transition choice and transforming their SAP solutions into an on-demand, automated cloud platform.
FAQ's
The BFSI (Banking, Financial Services, and Insurance) sector is experiencing the fastest growth, driven by the need for secure and efficient digital collaboration tools.
The market is evolving to provide solutions that support seamless collaboration between in-office and remote teams, emphasizing flexibility and adaptability.
Cybersecurity is a critical aspect, and the market is witnessing a surge in solutions focusing on secure access, data protection, and threat detection to address the increasing risk of cyberattacks.
The market offers scalable and cost-effective solutions tailored for SMEs, enabling them to adopt digital workplace technologies without a significant financial burden.
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