Digital Workplace Market Introduction and Overview
According to SPER Market Research, the Global Digital Workplace Market is estimated to reach USD 286.55 billion by 2033 with a CAGR of 21.73%.
The report includes an in-depth analysis of the Global Digital Workplace Market, including market size and trends, product mix, Deployment Models, and supplier analysis. The concept of the digital workplace revolves around integrating technology, employees, and business processes through digital transformation. It allows employees to access their applications and data from any location using any device. Digital workplace solutions focus on providing enterprise mobility solutions that enable users to seamlessly work across physical, virtual, and connected environments. The primary objective of digitizing the workplace is to create a user-centered environment. By offering digital workplace solutions, organizations empower employees to select devices that enhance their work experience, ultimately leading to increased productivity within the organization.
- Imaginea: In February 2021, Accenture announced the acquisition of Imaginea, a leading provider of cloud-focused platforms. This acquisition will enable Accenture to enhance its offerings of cloud-based services for digital solutions.
- In February 2020, BlackBerry Limited introduced its latest offering, known as BlackBerry Digital Workplace, which is a secure and reliable workspace solution. This solution aims to provide users with easy and secure access to corporate content, whether it is stored on-premise or in the cloud, including resources from Microsoft Office 365. With BlackBerry Digital Workplace, users can conveniently access their files and resources both online and offline while ensuring data security and protection.
Market Opportunities and Challenges
In today's quickly changing business environment, the global digital workplace market offers both enormous potential and obstacles. The growing adoption of digital transformation techniques by organisations all over the world is one of the major opportunities. To build a virtualized work environment, businesses are turning to digital workplace solutions as they strive for increased productivity, collaboration, and flexibility. The growing popularity of remote and hybrid work models, which enable employees to access their apps and data from any location and on any device, increases the demand for digital workplace technology. The increased acceptance of cloud computing and other cutting-edge technology also creates a supportive environment for digital workplace solutions. Effortless integration, data sharing, and scalability are made possible by cloud-based systems, which make it simpler for firms to launch and maintain digital workplace initiatives.
But the market for the digital workplace also has some obstacles to overcome. Given the increased reliance on digital technologies and data accessibility, cybersecurity is still a major problem. Businesses must improve their security protocols to safeguard confidential data and intellectual property from online threats and breaches. Additionally, user adoption and organisational transformation are necessary for the successful implementation of digital workplace solutions. In order to develop a digital-first culture, effective training and change management methods are required. Employees may be resistant to adjusting to new technology or processes.
Market Competitive Landscape
The market is led by prominent players such as Accenture, IBM, Tata Consultancy Services Limited, Infosys, and others. These key players are actively investing in research and development activities to drive growth and improve their internal business processes. They are also pursuing strategies like mergers, acquisitions, and partnerships to enhance their product offerings and gain a competitive edge. Furthermore, these companies are focused on developing new products and enhancing their existing portfolio to attract new customers and increase their market share.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033
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Base year considered | 2022
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Forecast period | 2023-2033
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Segments covered | By Component, By Database, By Deployment Model, By Enterprise Size, By End User
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Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America, Others
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Companies Covered | ABB, Accenture plc., Cognizant Technology Solutions Corp, Hexaware Technologies, Tata Consultancy Services, IBM Corporation, Infosys Limited, Microsoft, Oracle, DXC Technology Company, Robert Bosch GmbH, Siemens, KELLTON TECH, others
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COVID-19 Impact on Global Digital Workplace Market
In response to the COVID-19 pandemic, businesses have embraced remote work and implemented digital workplace solutions to ensure uninterrupted operations. This shift has resulted in the widespread use of video conferencing and online communication tools, fostering improved collaboration and teamwork. Furthermore, the need for secure access and the ability to work remotely has driven organizations to invest in cloud-based technologies and support hybrid work arrangements. The pandemic has acted as a catalyst for the digital transformation, accelerating the adoption of digital technologies by several years. Businesses that were unprepared had to quickly adapt and embrace digital solutions to maintain productivity and continuity during these challenging times.
Key Target Audience
- Banking Industry
- Education Industry
- Government Bodies
- News Industry
- Telecommunication Industry
- Others
Our in-depth analysis of the Digital Workplace Market includes the following segments:
By Component:
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Services
Managed Services
Professional Services
Solutions
Enterprise Mobility & Management
Unified Communication & Collaboration
Unified Endpoint Management
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By Database:
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Non-Structured Language
Structured Query Language
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By Deployment model:
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Cloud
On-Premises
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By Enterprise Size:
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Small Enterprises
Medium Enterprises
Large Enterprises
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By End User:
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Banking Financial Services and Insurance (BFSI)
Education
Government and Public Sector
Healthcare and Pharmaceuticals
IT Enabled Services and Telecommunication
Manufacturing
Media and Entertainment
Retail and Consumer Goods
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Key Topics Covered in the Report:
- Global Digital Workplace Market Size (FY’2023-FY’2033)
- Overview of Global Digital Workplace Market
- Segmentation of Global Digital Workplace Market By Component (Services, Solutions)
- Segmentation of Global Digital Workplace Market By Database (Non-Structured Language, Structured Query Language)
- Segmentation of Global Digital Workplace Market By Deployment Model (Cloud, On-Premises)
- Segmentation of Global Digital Workplace Market By Enterprise Size (Large Enterprises, Medium Enterprises, Small Enterprises)
- Segmentation of Global Digital Workplace Market By End User (Banking Financial Services and Insurance, Education, Government and Public Sector, Healthcare and Pharmaceuticals, IT Enabled Services and Telecommunication, Manufacturing, Media and Entertainment, Retail and Consumer Goods)
- Statistical Snap of Global Digital Workplace Market
- Expansion Analysis of Global Digital Workplace Market
- Problems and Obstacles in Global Digital Workplace Market
- Competitive Landscape in the Global Digital Workplace Market
- Impact of COVID-19 and Demonetization on Global Digital Workplace Market
- Details on Current Investment in Global Digital Workplace Market
- Competitive Analysis of Global Digital Workplace Market
- Prominent Market Players in the Global Digital Workplace Market
- SWOT Analysis of Global Digital Workplace Market
- Global Digital Workplace Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Digital Workplace Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Digital Workplace Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Digital Workplace Market
7. Global Digital Workplace Market, By Component (USD Million)
7.1. Global Digital Workplace Market Value Share and Forecast, By Component, 2023-2033
7.2. Services
7.2.1. Managed Services
7.2.2. Professional Services
7.3. Solutions
7.3.1. Enterprise Mobility & Management
7.3.2. Unified Communication & Collaboration
7.3.3. Unified Endpoint Management
8. Global Digital Workplace Market, By Database (USD Million)
8.1. Global Digital Workplace Market Value Share and Forecast, By Database, 2023-2033
8.2. Non-Structured Language
8.3. Structured Query Language
9. Global Digital Workplace Market, By Deployment Model (USD Million)
9.1. Global Digital Workplace Market Value Share and Forecast, By Deployment Model, 2023-2033
9.2. Cloud
9.3. On-Premises
10. Global Digital Workplace Market, By Enterprise Size (USD Million)
10.1. Global Digital Workplace Market Value Share and Forecast, By Enterprise Size, 2023-2033
10.2. Large Enterprises
10.3. Medium Enterprises
10.4. Small Enterprises
11. Global Digital Workplace Market, By End User (USD Million)
11.1. Global Digital Workplace Market Value Share and Forecast, By End User, 2023-2033
11.2. Banking Financial Services and Insurance (BFSI)
11.3. Education
11.4. Government and Public Sector
11.5. Healthcare and Pharmaceuticals
11.6. IT Enabled Services and Telecommunication
11.7. Manufacturing
11.8. Media and Entertainment
11.9. Retail and Consumer Goods
12. Global Digital Workplace Market Forecast, 2019-2033 (USD Million)
12.1. Global Digital Workplace Market Size and Market Share
13. Global Digital Workplace Market, By Component, 2019-2033 (USD Million)
13.1. Global Digital Workplace Market Size and Market Share By Component (2019-2026)
13.2. Global Digital Workplace Market Size and Market Share By Component (2027-2033)
14. Global Digital Workplace Market, By Database, 2019-2033 (USD Million)
14.1. Global Digital Workplace Market Size and Market Share By Database (2019-2026)
14.2. Global Digital Workplace Market Size and Market Share By Database (2027-2033)
15. Global Digital Workplace Market, By Deployment Model, 2019-2033 (USD Million)
15.1. Global Digital Workplace Market Size and Market Share By Deployment Model (2019-2026)
15.2. Global Digital Workplace Market Size and Market Share By Deployment Model (2027-2033)
16. Global Digital Workplace Market, By Enterprise Size, 2019-2033 (USD Million)
16.1. Global Digital Workplace Market Size and Market Share By Enterprise Size (2019-2026)
16.2. Global Digital Workplace Market Size and Market Share By Enterprise Size (2027-2033)
17. Global Digital Workplace Market, By End User, 2019-2033 (USD Million)
17.1. Global Digital Workplace Market Size and Market Share By End User (2019-2026)
17.2. Global Digital Workplace Market Size and Market Share By End User (2027-2033)
18. Global Digital Workplace Market, By Region, 2019-2033 (USD Million)
18.1. Global Digital Workplace Market Size and Market Share By Region (2019-2026)
18.2. Global Digital Workplace Market Size and Market Share By Region (2027-2033)
18.3. Asia-Pacific
18.3.1. Australia
18.3.2. China
18.3.3. India
18.3.4. Japan
18.3.5. South Korea
18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France
18.4.2. Germany
18.4.3. Italy
18.4.4. Spain
18.4.5. United Kingdom
18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia
18.5.2. United Arab Emirates
18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada
18.6.2. Mexico
18.6.3. United States
18.7. Latin America
18.7.1. Argentina
18.7.2. Brazil
18.7.3. Rest of Latin America
19. Company Profile
19.1. ABB
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Accenture Plc.
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. Cognizant Technology Solutions Corp
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. DXC Technology Company
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. Hexaware Technologies
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. IBM Corporation
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. Infosys Limited
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. Kellton Tech
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. Microsoft
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. Oracle
19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. Recent developments
19.11. Robert Bosch GmbH
19.11.1. Company details
19.11.2. Financial outlook
19.11.3. Product summary
19.11.4. Recent developments
19.12. Siemens
19.12.1. Company details
19.12.2. Financial outlook
19.12.3. Product summary
19.12.4. Recent developments
19.13. Tata Consultancy Services
19.13.1. Company details
19.13.2. Financial outlook
19.13.3. Product summary
19.13.4. Recent developments
19.14. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope