Global Digital Workplace Market, By Component (Solutions, Unified Communication and Collaboration, Unified Endpoint Management, Enterprise Mobility and Management, Services, Professional Services and Managed Services), By Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), By Vertical (Telecommunication and IT-Enabled Services, Banking, Financial Services, and Insurance, Media and Entertainment, Retail and Consumer Goods, Manufacturing, Healthcare and Pharmaceuticals, Government and Public Sector, and Others), By Deployment (On-Premise and Cloud), By Geography, North America (U.S., Canada) South America (Mexico, Brazil, Argentina, Columbia, Rest of South America) Europe (Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific) Middle East and Africa (Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Trends and Forecast till 2028
The Digital Workplace market is expected to reach over USD 78.2 Billion by 2028 exhibiting a CAGR of 23.5% during the forecast period of 2021 to 2028. Phoenix Research Study on the Digital Workplace Market provides insight and analysis regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Digital Workplace Market: Insight and Analysis
A digital workplace is a combination of environments, platforms, and tools designed to align people, technology, and business processes in order to improve or enhance operational efficiency and meet business objectives. The presence or availability of new tools and technology aids in improving staff management and providing a unified experience, allowing companies to grasp digital dexterity in order to produce the latest digital business offerings.
The demand for Digital Workplace is gaining enormous prominence and promising exponential growth. The availability of new technology and tools is a key element driving market expansion, as are employees’ demands for greater or better flexibility in terms of work-life balance and a reduction in operating expenses, among other things. Furthermore, increased business acceptance of cloud and enterprise mobility services, as well as SMEs’ adoption of workplace transformation services, will provide new opportunities for the digital workplace market throughout the projection period.
This digital workplace report discusses the market potential and trends, opportunities, untapped and emerging revenue pockets, year-on-year growth analysis, market revenue, application and user behavior, competitor analysis, local and major player impact and heat mapping, landscape, recent strategic activities, trade data, import-export data, supply and demand analysis, production and value chain brand share, company market share and ranking analysis, the impact of covid 19 and regulatory changes, technology roadmap, application niches, and so on. Phoenix research consultants use their proprietary research methodology to evaluate data that involves data mining, analysis of the impact of data variables on the market, and primary validation. Furthermore, other data models consist of a market overview and guide, company matrix, key intensity vendor mapping, market forecasting analysis, company share analysis, top-down and bottom-up analysis, and others.
Digital Workplace Market – Pre and Post-Covid Analysis
The coronavirus disease (COVID-19) pandemic outbreak has created extreme uncertainty in the market growth globally. The pandemic outbreak has affected and changed the complete dynamics of the Digital Workplace market in ways that are hard to believe. The efficacy and intensity of containment efforts to the extent of supply disruptions, shifts in spending patterns, behavioral changes (such as avoiding purchasing), the repercussions of the dramatic tightening in global market conditions, confidence effects, volatile commodity prices, and increasing debt burdens. Due to COVID-19, all the countries have terribly faced a multi-layered crisis comprising of domestic economic disruptions, plummeting external demand, collapse in the prices, and collapse in supply and demand of the products across the globe.
According to the United Nations, in 2020, the global economy could shrink by almost 1% due to the impact of the COVID-19 pandemic. The COVID-19 pandemic outbreak has created extreme uncertainty in the Digital Workplace market growth around the globe. The COVID-19 outbreak from December 2019 has impacted more than 100 countries across the globe and significantly it has mainly impacted the Digital Workplace market in 2020. The pandemic has affected the overall medical device in various ways as demand for some of the products/services has increased, but due to supply chain market disruption, manufacturing was not able to fulfill the order resulting in a financial impact on the vendors.
Contact research@pheonixresearech.com for more details on Pre and post-COVID-19 impact on supply and demand, price, manufacturer/provider, and End-use industry among others.
Digital Workplace Market: Study Scope and Market Engineering
The digital workplace market is divided into four categories: component, organization size, vertical, and deployment. The growth among segments allows you to analyze potential revenue pockets of growth and market as well as determine core competencies in your target markets.
• The Digital Workplace market is segmented on the basis of the components, into solutions, unified communication, and collaboration, unified endpoint management, enterprise mobility and management, services, professional services, and managed services.
• The Digital Workplace market is segmented on the basis of the organization size into small and medium-sized enterprises and large enterprises.
• Digital Workplace market is segmented on the basis of the vertical telecommunication and IT-enabled services, banking, financial services, and insurance, media and entertainment, retail and consumer goods, manufacturing, healthcare and pharmaceuticals, government and public sector, and others.
• The Digital Workplace market is segmented on the basis of the deployment into on-premise and cloud.
Digital Workplace Market: Geographical Coverage and Analysis
The countries covered in the digital workplace market report are U.S. and Canada in North America, Brazil, Mexico, Columbia, and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore and Rest of Asia-Pacific in the Asia-Pacific, GCC countries, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa.
North America holds the largest market share in the global digital workplace followed by Europe and the Asia Pacific region. Due to rising technological advancements and the high adoption of Digital Workplaces in the region, the United States dominates the North American market. In addition, the region has a well-established infrastructure, which allows for the quicker deployment of new technology.
Individual market-affecting factors and changes in regulation in the domestic market are also discussed in the report, which has an impact on the market’s current and future developments. Top-down and bottom-up value chain analysis, trends, Macro and Microeconomic indicators, Pestle and Porter’s five forces tools, and case studies are only a few of the data sources used to anticipate the market scenario for different countries. Additionally, while offering forecast analysis of the country data, the presence and availability of global brands, as well as the obstacles they face owing to significant or scarce competition from local and domestic brands, the influence of domestic tariffs, and trade routes are all taken into account.
Digital Workplace Market: Competitive Insights
The global Digital Workplace market is highly competitive, and major players have used various approaches to raise their footprints on this market such as new product advancements, acquisitions, contracts, joint ventures, alliances, acquisitions, and others. The scope of the study includes Digital Workplace market revenue for Global, Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Company overview, financials, revenue analysis, market potential, research and development, strategic initiatives, company footprint, strengths and weaknesses, product launch, product width and breadth, and application dominance are all included in the details. The data points presented above are solely related to the companies’ focus on the Digital Workplace markets for the retail industry.
The major players covered in the digital workplace market report are DXC Technology Company, IBM Corporation, Cognizant, HCL Technologies, Atos SE, NTT DATA Corporation, Tata Consultancy Services Limited, Wipro Limited, Getronics, STEFANINI IT SOLUTIONS, CompuCom Systems, Inc., Tata Consultancy Services Limited., Accenture., Capgemini, Unisys, Citrix Systems, Inc., Computacenter (UK) Ltd, Smart Information Flow Technologies, and Fitterlab Pte Ltd among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. Pheonix research understands competitive strengths and provides competitive analysis for each competitor separately.
Digital Workplace Market Segmentation:
By Component
• Solutions
• Unified Communication and Collaboration
• Unified Endpoint Management
• Enterprise Mobility and Management, Services
• Professional Services
• Managed Services
By Organization Size
• Small
• Medium-Sized Enterprises
• Large Enterprises
By Vertical
• Telecommunication and IT-Enabled Services
• Banking
• Financial Services and Insurance
• Media and Entertainment
• Retail and Consumer Goods
• Manufacturing
• Healthcare and Pharmaceuticals
• Government and Public Sector
• Others
By Deployment
• On-Premise
• Cloud
By Geography
• North America
o U.S.
o Canada
• Europe
o Germany
o Italy
o U.K.
o France
o Spain
o Netherlands
o Belgium
o Switzerland
o Russia
o Poland
o Turkey
o Rest Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o ANZ
o Taiwan
o ASEAN
o Rest of Asia-Pacific
• South America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East and Africa
o GCC Countries
o South Africa
o North Africa
o Egypt
o Rest of Middle East and Africa