Global workplace transformation market size was US$ 11.9 Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 17% during the forecast period.
Global Workplace Transformation Market The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis. Market Definition A workplace transformation is a process of making flexible and collaborative workspaces to support various kinds of work, technologies, and employees. Market Dynamics The rising process of globalisation, changing demographics, ongoing technological advancements, and varying expectations by the workforce are some of the major driving factors which are making increasing need for transformation in workplaces.
Growing adoption of enterprise mobility and advanced technologies such as BYOD, increasing adoption of cloud-based services by organizations, increasing adoption of workplace transformation in SMEs, increased complexities of the business environments, and increasingly varying competitive environments are expected to improve the growth of the market during the forecast period. Workplace transformation provides some benefits such as improved organizational and employee productivity and focus, reduced workplace size, and enhanced collaboration, which are ultimately propelling the growth of the market.
However, increasing data security concerns, limited education and training in workforce and concerns associated with technology integration and infrastructure management are major restraining factors that could hamper the growth of the market. Global Workplace Transformation Market: Segmentation Analysis By service type, enterprise mobility and telecom service segment dominated the market in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. The increased adoption of tablets, smartphones, and other smart products in various enterprises is attributed to the growth of the market.
Growing popularity of market trends such as Carry Your Own Identity (CYOI), mobile-first and Bring Your Own Device (BYOD) approach are grabbing more focus of various businesses to adopt telecom and enterprise mobility services. By industry, the healthcare segment is projected to witness fast growth at CAGR of XX% during the forecast period. Increasing acceleration towards workplace transformation in the healthcare sector in hospitals and health systems is attributed to the growth of the market.
Growing requirements for electronic data across operation channels and patient outreach, shifting patient’s expectations, and continuously evolving science landscape are expected to improve the growth of the market during the forecast period. Global Workplace Transformation Market: Regional Analysis Region-wise, North America dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The US and Canada are major contributors behind the growth of the market in the region. The growth is attributed to the growing technological innovations in IT infrastructure and ongoing improvements in enterprise process management. Well established IT industry, continuously changing working environments, growing trend of digital transformation in workplaces and increased adoption of technologies such as enterprise mobility, desktop virtualization, workplace automation, and others is driving the growth of the market in the region.
The objective of the report is to present a comprehensive analysis of the Global Workplace Transformation Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Workplace Transformation Market dynamics, structure by analyzing the market segments and projects the Global Workplace Transformation Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Workplace Transformation Market make the report investor’s guide.
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The Scope of Global Workplace Transformation Market
Global Workplace Transformation Market, By Service Type
• Enterprise Mobility and Telecom Services • Unified Communication and Collaboration Services • Workplace Upgrade and Migration Services • Asset Management Services • Service Desk • Desktop Virtualization • Field Services • Application Management Services • Workplace Automation Services
Global Workplace Transformation Market, By Organization Size
• SMEs • Large Enterprises
Global Workplace Transformation Market, By Industry
• Banking, Financial Services, and Insurance (BFSI) • Government • Healthcare and life sciences • Manufacturing and Automotive • Retail • Transportation and Logistics • Media and Entertainment • Telecom and IT • Others (Education, Energy, and Utilities)
Global Workplace Transformation Market, By Region
• North America • Europe • Asia Pacific • South America • Middle East & Africa
Global Workplace Transformation Market, Key Players
• Accenture PLC • NTT Data Corporation • Cisco Systems, Inc • Atos • Hewlett Packard Enterprise Development LP (HPE) • Capgemini • Cognizant Technology Solutions Corporation • HCL Technologies Ltd • Citrix Systems • Computer Sciences Corporation (CSC) • Wipro Ltd • Unisys Corporation • IBM Corporation • Tata Consultancy Services • Infosys • Intel Corporation
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