Press release
Workplace Services Global Market Projection to Reach $148.91 billion in 2025 Driven by Employee Productivity and Expansion of Enterprise Mobility Management
Workplace Services Market Size
What Is The Projected Market Size Of The Global Workplace Services Global Market Report 2025 And Its Growth Rate?
• The workplace services market size is expected to grow from $134.75 billion in 2024 to $148.91 billion in 2025 at a compound annual growth rate (CAGR) of 10.5%. The growth can be attributed to focus on employee productivity, growth of mobile workforce, implementation of unified communication, and the growth of enterprise mobility management.
• The market is projected to grow to $232.53 billion in 2029 at a compound annual growth rate (CAGR) of 11.8%. The growth is expected to be driven by globalization of business operations, advent of hybrid work models, focus on diversity, equity, and inclusion, greater integration of project management tools, and shift towards zero trust security models.
What Is Driving The Growth In The Workplace Services Global Market Report 2025?
The increasing adoption of 5G networks worldwide is expected to fuel the workplace services market. With improved 5G network speed, bandwidth, and lower latency, better connectivity in the workplace is facilitated leading to better connected experience for stakeholders. According to a 2022 study by Verizon and Incisiv, the overall 5G adoption is around 13%, expected to triple by 2024. Hence, the growing adoption of 5G networks will be critical for the expanding workplace services market in the coming years.
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Who Are the Key Players Driving Workplace Services Global Market Report 2025 Growth?
• DXC Technology Company
• Wipro Limited
• International Business Machines Corporation
• Tata Consultancy Services
• Atos World Line India Pvt Ltd.
• NTT DATA Corporation
• HCL Technologies
• Fujitsu Limited
• CompuCom Systems Inc.
• Cognizant
• Unisys Corporation
• accenture* PLC
• Capgemini SE
• T-Systems International GmbH
• Zensar Technologies Limited
• Infosys Limited
• Tech Mahindra
• Insight Enterprises Inc.
• Cisco Systems
• Hewlett Packard Enterprise
• VMware Inc.
• Citrix Systems Inc.
• Microsoft Corporation
What Are The Key Trends In The Workplace Services Global Market Report 2025?
• Adoption of cloud-based services
• Integration of artificial intelligence
• Flexible IT service delivery models
• IoT integration in smart workplaces
• Use of data analytics for decision-making
• Implementation of sustainability initiatives
• Cross-platform compatibility
• Vendor consolidation and ecosystems
What Are The Segments Of The Global Workplace Services Global Market Report 2025?
• By Service Type: End-User Outsourcing Services, Tech Support Services
• By Organization Size: Small and Medium Enterprises, Large Enterprises
• By Vertical: Media and Entertainment, BFSI, Consumer Goods and Retail, Manufacturing, Healthcare and Life Sciences, Education, Telecom- IT and ITES, Energy and Utilities, Government and Public Sector
Which Region Leads The Workplace Services Global Market Report 2025?
North America was the largest region in the workplace services market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the marketplace services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Workplace Services Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Workplace Services Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Workplace Services Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Workplace Services Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Workplace Services Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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