Key Companies Covered in the Workplace Transformation Market Research are Accenture PLC, NTT Data Corporation, Cisco Systems, Inc., Atos, Hewlett Packard Enterprise Development (HPE), Cognizant Technology Solutions, and other key market players.
“Increasing trend in the adoption of new technologies such as Bring Your Own Device (BYOD) and enterprise mobility by organizations is driving the growth of the workplace transformation market”
MarketsandMarkets: The workplace transformation market size is estimated to grow from USD 8.02 billion in 2022 to USD 18.06 billion by 2031, at a CAGR of 17.6%. Increasing trend in the adoption of new technologies such as Bring Your Own Device (BYOD) and enterprise mobility by organizations, changing nature of workplace and processes supported by organizational restructuring and reorganizing, reduction in operational expenditures and changing demographic factors are some of driving forces in the workplace transformation market.
“Among the type of services, enterprise mobility & telecom services segment is expected to grow at the highest rate during the forecast period”
The enterprise mobility and telecom service has the fastest growth rate in the workplace transformation market during the forecast period. The rapid proliferation of smartphones, tablets, and other smart devices in organizations is driving the mobility services. Some of the prevalent market trends such as Bring Your Own Identity (BYOD), Carry Your Own Identity (CYOI), and mobile-first approach are also encouraging the organization to adopt enterprise mobility services.
“Small and medium enterprise is expected to have maximum market size during the forecast period”
Among organization size, the Small & Medium Enterprises (SMEs) segment is expected to have the maximum market size in the workplace transformation market during the forecast period. The growth in the adoption of workplace transformation by SMEs will be driven by the increasing deployment of BYOD and enterprise mobility solutions and reduced total cost of ownership in the migration and upgradation from existing traditional legacy systems to digital workplaces.
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“Asia-Pacific (APAC) is expected to dominate the workplace transformation market during the forecast period”
APAC is expected to have the maximum market share in the workplace transformation market during the forecast period. The APAC region will continue to grow during the forecast period majorly supported by the increasing adoption of workplace transformation, owing to the rising demand for mobility solutions pertaining to the increasing adoption of smartphones and the greater adoption of cloud-based solutions by enterprises throughout the region.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.
The break-up of profiles of primary participants is given below:
- By Company: Tier 1: 26%, Tier 2: 41%, and Tier 3: 33%
- By Designation: C level: 30%, Director level:20%, and Others: 50%
- By Region: North America: 33%, Europe: 17%, APAC: 50%,
The various key vendors profiled in the report are as follows:
1. Accenture PLC (Ireland)
2. NTT Data Corporation (Japan)
3. Cisco Systems, Inc. (U.S.)
4. Atos (France)
5. Hewlett Packard Enterprise Development (HPE) (U.S.)
6. Capgemini (France)
7. Cognizant Technology Solutions (U.S.)
8. HCL Technologies Ltd. (India)
9. Citrix Systems (U.S.)
10. Computer Sciences Corporation (U.S.)
11. Wipro Ltd. (India)
12. Unisys Corporation (U.S.),
13. IBM Corporation (U.S.)
14. Tata Consultancy Services (India)
15. Infosys (India)
16. Intel Corporation (U.S.)
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Scope of the Report:
The report segments the workplace transformation market on the basis of services which includes enterprise mobility & telecom services, unified communication & collaboration services, workplace upgrade & migration services, asset management services, service desk, desktop virtualization, field services, application management services, workplace automation services, and others (data center transformation services and network management services); organization size comprises large enterprises and small & medium enterprises; vertical includes Banking, financial Services and Insurance (BFSI), government, healthcare & life sciences, manufacturing & automotive, retail, transportation & logistics, media & entertainment, telecom & Information Technology (IT), and others (education, energy and utilities); and regions includes North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.
Reason to Buy the Report:
- To get a comprehensive overview of the global workplace transformation market
- To gain wide-ranging information about the top players in this market sphere, their product portfolios, and key strategies adopted by them
- To gain insights of the major countries/regions in which the workplace transformation market is flourishing in various industries
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