openPR Logo
Press release

Workplace Transformation Market To Reach USD 57.9 Billion by 2030

02-07-2023 09:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Workplace Transformation Market To Reach USD 57.9 Billion

The total size of the workplace transformation market was USD 16.2 billion in 2022, and it will grow at a compound annual growth rate of 17.3% by the end of this decade, to reach USD 57.9 billion by 2030, as per a report by P&S Intelligence.

Creating office flexibility can set an institution different from its competitors. A big constituent in generating a flexible work atmosphere is to have supporting tech, for example enterprise mobility and telecommunication services, allowing employees to work and collaborate more efficiently, wherever they are and whatsoever is the task.

Request for sample pages of this report:

Furthermore, connected devices are a boon to all employees in addition to employers, by growing connectivity amongst devices, subsequent in faster data exchange from one worker/department/subdivision to another.

It is obvious across all industries, that the average age of the employees has come down, indicating that the future workforce will be dominated by centennials and millennials. These generations are more persuaded toward technology in contrast to their older counterpart.

While, this generation may not accomplish to their full potential in a firm structure; therefore, place of work alteration is vital to involve these generations for extracting their ideal potential.

Digital workplace alteration will bring numerous aspects of technologies, such as BYOD solutions, by giving extra freedom of work to staffs. For example, an AI in workplace will do boring work which needs less critical thinking and engross staffs in more cognitive work.

The enterprise mobility and telecom category had the largest share of revenue, for about 20%, in 2022, as it delivers facilities and flexibility, for example the BYOD policy, which makes personnel more agile and advances their overall productivity.

For improving collaboration, surge in productivity, and gain operational competence, enterprises are accepting such services. This was followed by unified collaboration and communication services, with about 15% revenue share in the past.

Furthermore, enterprise mobility and telecom services are more and more becoming a part of firms as they offer continuous operations regardless of location and improve the overall competence and productivity of the company.

Also, the upgradation of Windows operating system to Windows 10 and the cloud-based features of Office 365 where the data is stored in a data center or cloud server, has powered the pace of development of transformation of the workplace.

Browse full report at:

This let's access to the data on an instantaneous basis from anywhere, which has developed a basic requirement for extracting optimum work results from workers.

North America dominated the workplace transformation market, with about USD 8 billion in 2022, as enterprises are more and more using digital transformation techs to efficiently for managing themselves. The increasing acceptance of unified collaboration and communications services along with enterprise mobility and telecom services by numerous business firms will drive the industry growth.

It is with the changing demographics of the workforce, the demand for the workplace transformation is increasing rapidly in the future.

P&S Intelligence
Phone: +1-347-960-6455
Follow Us:

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Workplace Transformation Market To Reach USD 57.9 Billion by 2030 here

News-ID: 2917527 • Views: 115

More Releases from P&S Intelligence

Electrifying Public Transportation: An Analysis of the Growing U.S. Electric Bus …
Fleet electrification is a topsy turvy process. E-buses. Buses are suited for electrification as they have defined routes, travel within a small geographic area and are physically large, so they can carry larger battery packs. To receive free sample pages of this report@ Transit buses are ideal for electrification The majority of eBuses on the road right now are transit buses and there is no surprise to the fact. Apart from trucks,
The Two-Wheeler Logistics Market To Reach $355,631 Million by 2030
The two-wheeler logistics market will propel at a growth rate of 20% in the coming years to reach a value of over $355,631 million by 2030. The main factors accountable for the development of the industry include the suitability and cost-efficiency of these services, the thriving e-commerce manufacturing, and the addition of real-time tracking know-how. To receive free sample pages of this report@ Scooters had the largest demand in the recent
Global Microdisplay Market To Grow At 17.1% CAGR during 2020-2030
The global microdisplay market was valued at $1,145.6 million in 2020, and it is predicted to generate a revenue of $5,535.6 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 17.1% from 2020 to 2030 (forecast period). The major factors driving the expansion of the market are the increasing use of heads-up display (HUD)-integrated advanced driver assistance
The solid Oxide Fuel Cell Market Will Reach USD 5,005 Million by 2030
In 2022, the solid oxide fuel cell market was worth around USD 470 million, and it is projected to advance at a 34.4% CAGR from 2022 to 2030, hitting USD 5,005 million by 2030, according to P&S Intelligence. This growth can be credited to the long-term constancy, greater effectiveness, and fuel flexibility of solid oxide fuel cells, the growing government grants and research and development on fuel cells, the increasing

All 5 Releases

More Releases for USD

$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - There is a $3,000,000
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period. An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide. Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ This report presents
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa." These days many businesses are adopting a market research report
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics. Eubiotics or specific organic
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size