Digital Workplace Market Size Reach $155.70 Billion by 2030 | CAGR: 22.5%

The global digital workplace market size is expected to reach USD 155.70 billion by 2030, according to a new study by Polaris Market Research. The report “Digital Workplace Market Share, Size, Trends, Industry Analysis Report, By End-Use (Healthcare, Retail, Government, BFSI, IT & Telecom, Media & Entertainment, Manufacturing, Others); By Component; By Solution; By Region; Segment Forecast, 2022 - 2030” provides detailed insight into current market dynamics and analysis of future market growth.

The surge in forming elegant workstations, the rising acceptance of cloud computing environments by large & small corporations, and the growing application of digital workplace services & solutions amidst modern end users are the principal growth drivers boosting the digital workplaces market during the projection period.

Technological upgradation, like the Internet of Things, artificial intelligence, and industrial automation, are succoring companies in modernizing the process of their services and enhancing prolificacy. AI-derived technologies have given rise to digital workplace solution contributors to amplify their service subscriptions with cloud-based and AI-oriented structures. The amalgamation of these ultra-modern technologies in the workspaces assists the workforce to associate more effectively and bestow an elegant work environment.

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The vital aspects driving the growth of the market incorporate the growing acceptance of the digital program corporation with the boom in digitalization of businesses across the world. The Internet gateway is expanding quickly in international prudence and bestowing outstanding market share comprehensively.

Rising IT companies’ market stake with the expansion in cloud computing espousal with the surge in acceptance and introduction of novel technologies such as Blockchain, IoT, AI, augmented reality (AR), 3D printing, and virtual reality (VR). Cloud computing across the planet has fueled the growth of the market during the forecast period.

Additionally, the surge in employees’ requisition for an adaptable workplace to sustain personal & professional balance is expected to propel the growth of digital workplace services in the APAC region. Moreover, the increasing requirement to improve worker confinement via the digitization of the workspace is boosting the market expansion in the region.

Digital Workplace Market Report Highlights

• Growing demand for advanced workstations with technologies like AI & IoT, highly engaged, professional environment, better efficacy, and profitability driving the segment’s growth.
• The service fragment held a healthy CAGR in 2021. Major enterprises shifting towards cloud computing, AI-based technologies, strong analytics, and insights-enabled structure are factors boosting the market growth.
• Cloud-based services are anticipatory to fuel the market extension owing to lower operation cost, higher efficiency, data security, and real-time remote data access facility are aspects that drive the segment growth.
• North American region occupied a major share in 2021. The evolution of advanced technologies like AI, enterprise mobility management solutions, bring your own device (BYOD), and others factors assist the market growth in the region.
• The major players included in this market are Trianz, Tech Mahindra Limited, Infosys Limited, Mphasis, Atos SE, Accenture, Capgemini, IBM, HCL Technologies, Tata Consultancy Services, and Others.

Polaris Market Research has segmented the digital workplace market report based on component, solution, end-uses, and region:

Digital Workplace, Component Outlook (Revenue - USD Billion, 2022 - 2030)

• Services
• Solutions

Digital Workplace, Solution Outlook (Revenue - USD Billion, 2022 - 2030)

• Enterprise Mobility & Management
• Unified Endpoint Management
• Unified Communication & Collaboration
• Others

Digital Workplace, End-Use Outlook (Revenue - USD Billion, 2022 - 2030)

• Healthcare
• Retail
• IT & Telecom
• BFSI
• Manufacturing
• Government
• Media & Entertainment
• Others

Digital Workplace, Regional Outlook (Revenue - USD Billion, 2022 - 2030)

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa