The transformation of workplace, increased digitalization with an aim to transform the technology, employees, and business processes in such a way that it enhances and improves the operational efficiency and contributes towards meeting the organizational goals is driving the market. The changing working culture and growing demand for remote working capabilities from employees to achieve work-life balance are the prominent factors driving the market. The organizations are gradually allowing the employee to Bring Your Own Device (BYOD) to the workplace, which has necessitated the workplace transformation.
MARKET SCOPE
The "Global Digital Workplace Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the digital workplace market with detailed market segmentation by components, enterprise size, industry vertical, and geography. The report provides key statistics on the market status of the leading digital workplace market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the global digital workplace market is segmented into solution, services
- On the basis of enterprise size, the market is segmented into large enterprises, SMES
- Based on industry vertical, the market is bifurcated into BFSI, IT and telecom, media and entertainment, retail and consumer goods, manufacturing, government and public sector, others
MARKET DYNAMICS
Drivers:
- Availability of new technologies and tools.
- Demand for greater flexibility and improved employee experience.
Restraints
- Transformation and integration process-related issues in legacy systems
- Lack of training and required education among the workforce
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The digital workplace market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the digital workplace market in these regions.
IMPACT OF COVID-19 ON DIGITAL WORKPLACE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the digital workplace market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from digital workplace market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the digital workplace market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Accenture plc
- Atos SE
- Capgemini SE
- Cognizant
- DXC Technology Company
- Fujitsu Limited
- IBM Corporation
- Tata Consultancy Services Limited
- Unisys Corporation
- Zensar Technologies Ltd.
The Insight Partner?s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.