Digital Workplace Management Market is valued at 17 Billion USD in 2020 and it is expected to grow at a CAGR of 19.2% over the forecast period to reach a valuation of 37 Billion USD by 2021. It is estimated that North America will have the biggest market size among all other areas, and it is anticipated that the trend will continue until 2025. In terms of digital workplace solutions and services, North America is the most mature market. Because the region is home to a vast amount of businesses and has extensive technical knowledge, it adopts digital workplace solutions and services to assist businesses have 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.
The Digital Workplace Management is radically altering the way employees operate and the guidelines for employee engagement, cooperation and productivity are being rewritten. The Digital Workplace Management, made up of all the techniques that individuals use to get job done in today's contemporary job setting, enables to aggregate 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. Digital workplace comprises of intelligible, usable, and productive instruments, platforms, systems, and environment for the delivery of job. 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.
Recent Developments in Digital Workplace Management Market
Industry Research Methodology
The research done takes place in two phases namely -
Secondary Research: The first phase of the research process is extensive secondary research and identification of the related intelligence. Secondary data is compiled from various sources. Extensive secondary research helps in generating hypothesis and identifying critical areas of interest that are investigated through primary research.
Primary Research: This entails conducting hundreds of primary interviews with industry participants and commentators in order 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, market trends, growth trends, competitive landscape, future outlook, etc. It also helps in deciding the scope and deliverables of the study in terms of the requirement of the market. Primary research involves e-mail interactions, M telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies.
Digital Workplace Management Industry Drivers and Restraints:
Major factors which have helped drive the market forward are-
The factors holding the market back include-
REPORT METRIC |
DETAILS |
Market Size Available |
2020 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
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. |
Professional services assist in consulting, integrating and supporting organizations across different sectors to efficiently address threats, ensuring visibility and safety across all company functions.
In the segment of large enterprises, adoption of digital workplace solutions and services is greater, and the trend is anticipated to proceed over the forecast period. Large companies make substantial investments in tactical marketing techniques in order to maintain their positions in highly competitive markets.
By leveraging other sophisticated techniques such as facial recognition software, mobile platforms, and radio frequency identification, companies are quickly adopting digital workplace solutions and services.
Market Key Players
Few of the key market players include –
Research Report Key Highlights:
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: sales@marketdataforecast.com