Global Digital Workplace Market Projected to Reach $129.0 Billion by 2029, Registering a CAGR of 21.3%

13.09.2023 : Digital Workplace Market Report Scope and Research Methodology

The global Digital Workplace Market has witnessed substantial growth, with a valuation of $33.39 billion in 2022. With a projected CAGR of 21.3% during the forecast period, the market is poised to surge to $129.0 billion by 2029. This surge is primarily driven by workplace transformation, greater digitization, and the growing demand for remote working capabilities.

The comprehensive analysis presented in this report is based on a rigorous research methodology, encompassing an assessment of the COVID-19 pandemic's impact on market leaders, followers, and disrupters. Both primary and secondary research methodologies were employed to ensure the accuracy and reliability of the findings.

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What are Digital Workplace Market Dynamics?

Market Drivers:

The digital workplace offers greater flexibility and an improved employee experience, making it an attractive solution for organizations. The ability to use personal devices and support for various work styles contribute to increased employee satisfaction and productivity. However, a lack of training and education among the workforce poses a challenge, necessitating ongoing training efforts for successful digital workplace adoption.

Market Drivers:

The digital workplace is gaining prominence due to its role in enhancing operational efficiency and facilitating organizational goals. A changing work culture, coupled with a growing desire for remote working capabilities among employees, is driving the market. Furthermore, the trend of employees bringing their own devices to work is contributing to a transformative shift in the workplace.

Recent Developments:

Atos and Vodafone Spain introduced a new digital workplace service for Vodafone Business customers in December 2021.
Wipro launched a digital inspection solution in June 2021 to enhance worker safety and experience.
Infosys and GE Appliances collaborated in February 2021 to facilitate digital and workplace transformation.
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What is Digital Workplace Market Segmentation?

Based on component, the services segment accounted for the largest share in 2022. This includes professional and managed services, driving the adoption of digital workplace solutions in major enterprises.
In terms of organization size, large enterprises led the market in 2022, leveraging digital workplace solutions to enhance the employee experience and drive digital transformation.
The IT & Telecommunication segment held the largest market share in 2022, driven by trends of remote working and the need for effective communication across functions.
1 Global Digital Workplace Market, by Component (2022-2029)
• Solution
o Unified communication and collaboration
o Unified endpoint management
o Enterprise mobility and management
• Services
o Professional services
o Managed services

2 Global Digital Workplace Market, by Deployment (2022-2029)
• On-premises
• Cloud

3 Global Digital Workplace Market, by Organization Size (2022-2029)
• Large Enterprises
• SMEs

4 Global Digital Workplace Market, by Vertical (2022-2029)
• BFSI
• Consumer goods and retail
• Telecommunication and ITes
• Manufacturing
• Healthcare and pharmaceuticals
• Government and public sector
• Media and entertainment
• Others

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Who are Digital Workplace Market Key Players?

• IBM
• ATOS
• Wipro
• DXC Technology
• NTT Data
• TCS
• Citrix
• Unisys
• Capgemini
• Cognizant
• HCL
• Compucom
• Stefanini
• Getronics
• Computacenter

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Table of content for the Digital Workplace Market includes:

Part 01: Executive Summary

Part 02: Scope of the Digital Workplace Market Report

Part 03: Global Digital Workplace Market Landscape

Part 04: Global Digital Workplace Market Sizing

Part 05: Global Digital Workplace Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Insights:

North America held the largest market share in 2022, with a high acceptance of digital workplace culture. The region's hub of businesses, both small and large, contributes to its market leadership.
Asia Pacific is anticipated to be the fastest-growing market, driven by a thriving retail sector and the presence of numerous IT companies. The trend of remote working further fuels market growth.
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic
perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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