Workplace Transformation Market- Latest Trends and Forecast by 2021


Posted July 24, 2017 by akshb08

The market size is estimated to grow from USD 8.02 Billion in 2016 to USD 18.06 Billion by 2021, at a CAGR of 17.6% from 2016 to 2021.

 
According to a new market research report "Workplace Transformation Market by Type of Services (Enterprise Mobility & Telecom, Unified Communication & Collaboration, Workplace Upgrade & Migration, Field Services, and Service Desk), Organization Size, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, The market size is estimated to grow from USD 8.02 Billion in 2016 to USD 18.06 Billion by 2021, at a CAGR of 17.6% from 2016 to 2021.

Browse 53 market data Tables and 54 Figures spread through 145 Pages and in-depth TOC on"Workplace Transformation Market"

 http://www.marketsandmarkets.com/Market-Reports/digital-workplace-transformation-service-market-260658536.html

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 market.

Among organization size, the small & medium enterprises (SMEs) segment is expected to grow at the highest rate in the Workplace Transformation market during the forecast period. SMEs are deploying digital workplace services very quickly due to their small organizational infrastructure. The small and mid-sized enterprises face many infrastructure & IT related challenges, along with small staff and limited financial budget. Digital workplace services bring many advantages to SMEs such as increases workforce productivity & business efficiency, mobilize desk-based operations, speed-up time to market, cost efficient, and enhanced customer experience.

Among verticals, the Banking, Financial Services, and Insurance (BFSI) vertical will continue to dominate the Workplace Transformation market over the forecast period due to the extensive adoption of enterprise mobility services, enhanced by the growth of digitalization, owing to various government regulations and external factors such as digitalization of economy in the developing countries across the globe.

Asia-Pacific (APAC) region is expected to grow at the highest rate in the Workplace Transformation Market:

APAC is expected to grow at the highest growth rate in the Workplace Transformation Market during the forecast period. Most of the companies in APAC are encouraging extensive adoption of BYOD and cloud-based technology with large-scale acceptance of digital workplace services by the enterprises. There are several factors driving the growth in APAC such as rapid economic development, globalization and foreign direct investment, increasing penetration of smartphone, and internet adoption in workforce.

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The major vendors in the Workplace Transformation market are Accenture PLC (Ireland), NTT Data Corporation (Japan), Cisco Systems, Inc. (U.S.), Atos (France), Hewlett Packard Enterprise Development LP (HPE) (U.S.), Capgemini (France), Cognizant Technology Solutions Corporation (U.S.), HCL Technologies Ltd. (India), Citrix Systems (U.S.), Computer Sciences Corporation (CSC) (U.S.), Wipro Ltd. (India), Unisys Corporation (U.S.), IBM Corporation (U.S.), Tata Consultancy Services (India), Infosys (India), and Intel Corporation (U.S.), who provide workplace transformation services and solution to organizations to cater to their requirements and communications needs.

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Issued By MarketsandMarkets
Website Workplace Transformation Market- Latest Trends and Forecast by 2021
Phone 1-888-600-6441
Business Address 701 Pike Street Suite 2175
Seattle, WA 98101, United States
Country United States minor outlying islands
Categories Software , Technology , Telecom
Tags workplace transformation market
Last Updated July 24, 2017