Strong Growth Ahead: Digital Workplace Market Size To Grow At Arecord 24.7% Cagr By 2029

The Digital Workplace Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Digital Workplace Market Size Expected to Be by 2034?
The size of the digital workplace market has seen a tremendous expansion in the previous years. The projected increase is from $49.17 billion in 2024 to $59.18 billion in 2025, with a compound annual growth rate (CAGR) of 20.4%. The escalation during the historic period can be credited to the adoption of remote work, heightened utilization of collaboration tools, implementation of bring your own device (BYOD) regulations, the ubiquity of mobile devices, and the cybersecurity threat landscape.

Expectations are high for a significant expansion in the digital workplace market size in the coming years. It is projected to escalate to $143.2 billion in 2029, with a compound annual growth rate (CAGR) of 24.7%. This growth during the forecast period can be credited to the evolution of endpoint detection and response (EDR), improvements in identity and access management (IAM), a concentration on user education and consciousness, and enhanced containerization security. Key trends for the forecast period encompass integrated collaboration platforms, prioritizing employee experience and engagement, a transition to cloud-based digital workplace solutions, sophisticated digital workplace analytics, AI, and automation for streamlining workflows, coupled with the adoption of virtual collaboration tools.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8065

What Are the Emerging Segments Within the Digital Workplace Market?
The digital workplace market covered in this report is segmented -

1) By Components: Solutions, Services
2) By Deployment: On-Premises, Cloud
3) By Organization Size: Large Enterprises, Small And Medium Enterprises (SME)
4) By Verticals: Banking, Financial Services, And Insurance (BFSI), Consumer Goods And Retail, Telecommunication And Information Technology (IT), Manufacturing, Healthcare And Pharmaceuticals, Government And Public Sector, Media And Entertainment, Other Verticals

Subsegments:
1) By Solutions: Collaboration Tools, Document Management Systems, Workflow Automation Software, Employee Engagement Platforms, Virtual Desktop Infrastructure (VDI)
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Development Services, Managed Services

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8065&type=smp

What Long-Term Drivers Are Shaping Digital Workplace Market Trends?
The progression of the digital workplace market can be directly linked to growing interest in cloud services and enterprise mobility applications among organizations. Third-party organizations offer cloud services, which include various internet-based aids for businesses to streamline their operational activities effectively. Meanwhile, the enterprise mobility services grant employees access to corporate data through their personal devices and cloud computing - an aspect that further stimulates the market growth. These cloud services have been advantageous for numerous organizations in their ability to manage large data remotely to deliver effective services, lower costs, and more. As stated by AAG IT, a UK-based IT support services company, the revenue from Cloud infrastructure services was at $191 billion for the year from the start of 2021 to 2022 in June 2024. Future projections suggest that by 2025, global cloud storage capacity will hit 200 zettabytes (equivalent to 2 billion terabytes). This growing penchant businesses are displaying for both cloud services and enterprise mobility programs is set to push the expansion of the digital workplace market over the forecast period.

Who Are the Top Competitors in Key Digital Workplace Market Segments?
Major companies operating in the digital workplace market are Atos Group, Cognizant, International Business Machines Corporation, Infosys Limited, Zensar Technologies Limited, Microsoft Corporation, Google LLC, Wipro Ltd., accenture* PLC, DXC Technology Company, NTT DATA Corporation, Unisys Corporation, HCL Technologies, Capgemini SE, Tata Consultancy Services Limited, Citrix Systems Inc., Hewlett Packard Enterprise LP, Fujitsu Limited, CompuCom Systems Inc., Trianz, Sonda SA, Tech Mahindra Limited, Mphasis Limited, WorkGrid Software, Axero Solutions, eXo Platform, Liferay Inc., Atlassian Corporation, Kissflow Inc., Salesforce Inc., Adobe Inc.

What Digital Workplace Market Trends Are Gaining Traction Across Different Segments?
The inclination towards product innovation is a prominent tendency in the digital workplace market. Businesses leading this market are paying strong attention to assimilating technologies, for example, artificial intelligence, to foster product innovation that could enhance solutions and consolidate their market stand. For context, Smarten Spaces, a Singaporean enterprise providing digital workplace solutions, rolled out Jumpree, an all-encompassing digital workplace platform, in April 2023. Through Jumpree by Smarten Spaces, employees for Microsoft Teams can choose their office working days, align plans with colleagues, and secure spaces that best fit their requirements. Further, Jumpree by Smarten Spaces enables employees to reserve meeting and collaborative rooms, desks, along with other facilities, and any location within the office without the necessity of an additional app download.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/digital-workplace-global-market-report

Which Regions Are Becoming Hubs for Digital Workplace Market Innovation?
North America was the largest region in the digital workplace market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital workplace market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Digital Workplace Market?
2. What is the CAGR expected in the Digital Workplace Market?
3. What Are the Key Innovations Transforming the Digital Workplace Industry?
4. Which Region Is Leading the Digital Workplace Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.