Digital Workplace Transformation Services Market - Current trends, Opportunities, Challenges and Forecast by 2026

Increasing number of enterprises are demanding more flexible and cooperative work-styles to stay competitive in the market. Moreover, modern context-aware work scenarios necessitate workers to seamlessly switch back and forth from mobile devices to large and collaborative multiscreen setups, with new scenarios around the corner. Another major reason for the digital workplace transformation services is the collaboration between enterprises across different office locations, time zones, and geographies. The bottom line is that the workspace is shifting, even in the enterprise owing to the fact that users are using multiple device types and are increasingly working from any part of the world in collaborative manner.

The digital workplace transformation service is segmented by type of service, vertical, region, and application. By organization size, SME's is anticipated to grow at the significantly high growth rate during the forecast period. Due to their small body structure, SME's are deploying the digital workplace services rapidly. However, the SME's also face restraints related to infrastructure and IT, along with small staff and limited financial budget. Further, the digital workplace transformation services have also brought in various recompenses such as improvement in the workforce productivity & business competence, cost efficiency, and enhanced customer experience.

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Factors such as increasing adoption of new technologies, changing nature of workplace and processes supported by organizational redeployment and reorganizing are driving the digital workplace market.Moreover, the growing trends of Bring Your Own Device (BYOD), enterprise mobility by organizations, reduction in working expenditures and varying demographic factors are also driving the digital workplace market.

However, the issues related to transformation & integration of processes by organizations and lack of training & education amongst workforce are the factors which are hampering the growth of the market.

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The enterprise mobility and telecom services segment is expected to dominate the digital workplace transformation services, accounted for the largest market share in 2016 and is expected to maintain its dominance during the forecast period. Factors such as the rapid proliferation of smartphones, tablets, and other smart devices are driving the market. The enterprise mobility and telecom services help the employees to work securely even while roaming, which increases their productivity, collaboration and engagement across the organization. Amongst the verticals, the Banking, Financial Services, and Insurance vertical accounted for the largest share in 2016 and is expected to dominate during the forecast period. The factors such as extensive adoption of enterprise mobility services, enhanced by the growth of digitalization, owing to different government regulations and other external factors such as digitalization of economy in the emerging countries across the globe.

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