Digital Workplace Market, By Industry (Banking, Financial Services & Insurance, Telecom & Information Technology (IT), Manufacturing, Construction, Wholesale Distribution, Non-profit Organizations, Chemicals, Food and Beverage, Retail, Others) By Region – Global Analysis Forecast Till 2030

The Global Digital Workplace market was valued at USD 28.12 billion in 2021 and is expected to expand at a Robust CAGR of 23.2% from 2022 to 2030.

A digital workspace is a set of environments, platforms, and tools used in people, technology, and business processes to improve or enhance operational efficiency and achieve business goals. The availability of new tools and technologies improves employee management and provides a unified experience, helping organizations realize digital agility for developing cutting-edge digital business services.

Digital workplace solutions and services are witnessing significant trends in today's corporate landscape. According to recent digital workplace statistics, organizations are increasingly adopting comprehensive digital workplace solutions to enhance employee productivity and collaboration. A recent digital workplace report highlights the growing importance of seamless digital experiences and the integration of various tools and platforms. As a result, digital workplace services are gaining prominence as businesses seek to streamline operations and empower their workforce with modern technological advancements.

Market Dynamics:

Drivers:

Digital workspaces help attract, retain, engage and motivate employees. Employees can use their own devices, and digital workspace policies allow for different work styles. When using a persona-based model instead of a single service, end users receive purpose-built workspace bundles tailored to their needs. Employee content and data are securely embedded in collaboration tools, corporate dropboxes, and cloud storage, allowing employees to access data anytime, anywhere, from any device, whether they are in the office or working remotely. Access to this data drives efficiency while increasing productivity and organizational agility. Employees can use digital workspace solutions to improve communication, collaboration, and connection with each other.

Restraints:

However, challenges with transformation and integration processes in organizations, lack of training and required training among the workforce, and lack of thought leadership are among the significant restraining factors and will continue to challenge the digital workplace market during the forecast period.

This Digital Workplace market report analyzes opportunities in terms of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market participants, emerging revenue pockets, and changes in the digital workplace market. It also provides details about  regulations, strategic market growth analysis, market size, category market growth, application niches and dominance, product approvals, product launches, geographic expansion, and technological innovations.

Key players:

• Capgemini

• Ntt Data

• Unisys

• HPE

• Compucom

• Stefanini

• Tcs

• Sonda

• Santo Digital

• Ilegra

• Fujitsu

• Microsoft Corporation

Market Segmentation:

Digital Workplace Market, By Industry

• Banking, Financial Services & Insurance

• Telecom & Information Technology (IT)

• Manufacturing

• Construction

• Wholesale Distribution

• Non-profit Organizations

• Chemicals

• Food and Beverage

• Retail

• Others (Hospitality, Government, Public Sector, etc.)

Digital Workplace Market, By Region

• North America

  • U.S.

  • Canada

  • Mexico

  • Rest of North America

• Europe

  • Germany

  • U.K.

  • France

  • Russia

  • Italy

  • Spain

  • Nordics

  • Rest of Europe

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • Singapore

  • Malaysia

  • South Korea

  • Rest of Asia Pacific

• Middle East & Africa

  • UAE

  • Saudi Arabia

  • South Africa

  • Rest of Middle East & Africa

• South America

  • Brazil

  • Rest of South America

Regional Analysis:

North America has the largest digital workplace market share, which can be attributed to enterprises' early adoption of advanced technologies. The US and Canada are the major growth engines for the digital workplace market. The US and Canada are mature markets in the digital workspace space as major players have embraced the tools and services early on. Additionally, the rapid adoption of technologies such as artificial intelligence (AI), augmented reality (AR), and robotic process automation (RPA) is driving the digital workplace market growth.

Asia Pacific is expected to grow at the fastest CAGR. The Asia Pacific region has experienced rapid market growth due to SMEs' growing adoption of digital workplace approaches. Companies have learned the importance of engaging their employees to provide a better customer experience and generate more revenue. Therefore, SMEs are expected to adopt digital workspace solutions for cost optimization.

Scope of the Report:

User

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