Digital Workplace Market was valued at US$ 33.39 Bn. in 2023 and is expected to reach US$ 129.0 Bn. by 2029, at a CAGR of 21.3% during a forecast period.
Digital Workplace Market Overview
The report published by Maximize Market Research helps clients to understand the competitive landscape in detail, which is a guide for strategic planning. The Digital Workplace Market overview provides thorough details about the size of the market, trade statistics, leading players, and various market metrics such as life cycle, trends, etc.
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Digital Workplace Market Report Scope and Research Methodology
The technology adoption, financial standing, portfolio, merger and acquisition, joint ventures and strategic alliances are covered in the competitive environment for the Digital Workplace market. A thorough report includes the drivers, restraints, opportunities, and challenges of the Digital Workplace market. To understand Digital Workplace market estimations and growth rates, a bottom-up approach was used in the report.
Regional analysis of the Digital Workplace market was conducted at a local, regional and global level to understand the Digital Workplace market penetration, price and demand analysis and competitive landscape. The report provides fundamental information on the Digital Workplace market such as stakeholders, investors and new entrants used to develop marketing plans and investments.
The primary and secondary data methods were used for the data collection for the Digital Workplace Market. The primary approach involves surveys, questionnaires and telephonic interviews with market leaders, business owners, etc. and the secondary data collection method includes press news, annual reports and financial reports, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Digital Workplace Market
Digital Workplace Market Regional Insights
The Digital Workplace market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis in the report helps to understand the Digital Workplace market in several countries. The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions.
Digital Workplace Market Dynamics:
The MMR report covers all the trends and technologies playing a major role in the growth of the Digital Workplace Market over the forecast period. It highlights the drivers, restraints, and opportunities expected to mpact the market growth during 2023-2029.
Digital Workplace Market Segmentation:
1. Global Digital Workplace Market, by Component (2023-2029)
• Solution
o Unified communication and collaboration
o Unified endpoint management
o Enterprise mobility and management
• Services
o Professional services
o Managed services
In 2023, the services sector held the biggest percentage share. Numerous sizable organizations have embraced the cloud and are presently putting new technologies into use that are cloud-ready, easy to use, contextually and insights-enabled, and powered by artificial intelligence (AI) and other automation technologies and software. Professional and managed services like desktop virtualization and managed mobility may be advantageous for large enterprises. These services are what propel the adoption of the digital workplace in large corporations. Over the forecast period, end-use industries are anticipated to adopt the digital workplace as cloud awareness and benefits increase.
2. Global Digital Workplace Market, by Deployment (2023-2029)
• On-premises
• Cloud
3. Global Digital Workplace Market, by Organization Size (2023-2029)
• Large Enterprises
• SMEs
4. Global Digital Workplace Market, by Vertical (2023-2029)
• BFSI
• Consumer goods and retail
• Telecommunication and ITes
• Manufacturing
• Healthcare and pharmaceuticals
• Government and public sector
• Media and entertainment
• Others
In 2023, the IT and Telecommunications segment held the biggest market share of %. Recent years have seen a rise in the adoption of BYOD, SaaS services, and expanding patterns of remote working in nations including the United States, Canada, India, China, and Australia. The market has been fueled by the global spread of the IT and telecom sectors as well as the demand for efficient communication across all departments. Digital communication technologies are also essential for enhancing team productivity and collaboration.
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Digital Workplace Market Key Players
• IBM
• ATOS
• Wipro
• DXC Technology
• NTT Data
• TCS
• Citrix
• Unisys
• Capgemini
• Cognizant
• Accenture
• HCL
• Compucom
• Stefanini
• Getronics
• Computacenter
Key questions answered in the Digital Workplace Market are:
Which are the factors expected to drive the Digital Workplace market growth?
What are the factors restraining the growth of the Digital Workplace Market?
What is the demand pattern of the Digital Workplace Market?
What major challenges could the Digital Workplace Market face in the future?
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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