Workplace Transformation Market Size is Expected to Experience a CAGR of 17.7% till 2030

The global workplace transformation market size is expected to reach USD 41.5 billion by 2027, registering a CAGR of 17.0% from 2020 to 2027, according to a new report by Grand View Research, Inc.

Further, the adoption of supporting technologies such as endpoint security and remote accessibility is allowing employees to cooperate more effectively, regardless of their location, is a major factor enabling market growth.Workplace transformation is the mixture of real estate, human behavior, and latest technology resulting in overall cost optimization with the flexibility of cooperative environment facilitating innovation and efficiency.

In the contemporary competitive and modern-day workstation, the workplace transformation ensures that applications are transferred from a centralized location to an isolated environment on the targeted device.

Workforce satisfaction is increasingly becoming the focus area of organizational strategies.

Companies across industries are adopting comprehensive workplace transformation services that enable virtualization, collaboration, mobility, employee productivity, and employee satisfaction.

With these services, organizations are providing immediate access to business-critical data and enterprise applications on various devices, such as tablets, smartphones, and laptops, while preserving security constraints.

Workplace transformation market in the workplace is used to create a collaborative and agile working atmosphere with decreased costs to improve productivity and developments results of organizational change when integrating technology, real estate, and human behaviours to produce successful efficiency.Adopting new technologies is increasing, workplace is changing and changes in various demographic factors are the factors driving the growth of the workplace transformation market.

Transformation issues and low training and education among workforce is restraining the workplace transformation market.

Adoption of technological changes in cloud and mobility market space acts as an opportunity.

Data Bridge Market Research report on workplace transformation market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.The Global Workplace Transformation Market report takes into account all the company profiles of the major players and brands.

The market study of Workplace Transformation Market report helps businesses to make out the key opportunities in the market and influencing factors which is useful to take business to the peak level.

This market report is a professional and detailed report which focuses on primary and secondary drivers, market share, leading segments and geographical analysis.

According to a new market research report "Workplace Transformation Market by Type of Services (Enterprise Mobility & Telecom, Unified Communication & Collaboration, Workplace Upgrade & Migration, Field Services, and Service Desk), Organization Size, Vertical, and Region - Global Forecast to 2021",  published by MarketsandMarkets™, the workplace transformation market size estimated to grow from $8.02 Billion in 2016 to $18.06 Billion by 2021 at a CAGR of 17.6% from 2016 to 2021.Browse in-depth TOC on “Workplace Transformation Market”53- Tables 54- Figures 145- PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=260658536Increasing trend in the adoption of new technologies such as Bring Your Own Device (BYOD) and enterprise mobility by organizations, changing nature of workplace, and processes supported by organizational restructuring and reorganizing, reduction in operational expenditures and changing demographic factors are some of driving forces in the workplace transformation market.Enterprise mobility and telecom services to play a key role in the workplace transformation market by 2021The enterprise mobility and telecom service has the largest market share in the workplace transformation market during the forecast period.

Some of the new market trends such as Bring Your Own Identity (BYOD), Carry Your Own Identity (CYOI), and mobile-first approach are also encouraging the organization to adopt enterprise mobility services.

Enterprise mobility & telecom services is a broad term, which comprises mobile device management, mobile application management, digital identity, mobility management services, mobile virtualization, mobility orchestration platform, telecom expense management, and telecom lifecycle management services.

These services help workforce to work securely while they are roaming, which increase their productivity, engagement, and collaboration across organization.Small and medium enterprises will dominant the workplace transformation market by 2021Among organization size, the small & medium enterprises (SMEs) segment is expected to grow at the highest rate in the workplace transformation market during the forecast period.

Digital workplace services bring many advantages to SMEs such as increases workforce productivity & business efficiency, mobilize desk-based operations, speed up time to market, cost efficient, and enhanced customer experience.Asia-Pacific (APAC) region is expected to grow at the highest rate in the workplace transformation marketAPAC is expected to grow at the highest growth rate in the workplace transformation market during the forecast period.

There are several factors driving the growth in APAC such as rapid economic development, globalization and foreign direct investment, increasing penetration of smartphone, and internet adoption in workforce.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=260658536The major vendors in the workplace transformation market are Accenture PLC (Ireland), NTT Data Corporation (Japan), Cisco Systems, Inc. (U.S.), Atos SE (France), Hewlett Packard Enterprise Development LP (HPE) (U.S.), Capgemini (France), Cognizant Technology Solutions Corporation (U.S.), HCL Technologies Ltd. (India), Citrix Systems (U.S.), Computer Sciences Corporation (CSC) (U.S.), Wipro Ltd. (India), Unisys Corporation (U.S.), IBM Corporation (U.S.), Tata Consultancy Services (India), Infosys Limited (India), and Intel Corporation (U.S.).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

Workplace transformation market in the workplace is used to create a collaborative and agile working atmosphere with decreased costs to improve productivity and developments results of organizational change when integrating technology, real estate, and human behaviours to produce successful efficiency.Adopting new technologies is increasing, workplace is changing and changes in various demographic factors are the factors driving the growth of the workplace transformation market.

Transformation issues and low training and education among workforce is restraining the workplace transformation market.

A data security concern is one of the challenges faced by the workplace transformation market.Global Workplace Transformation Market, By Type of Service (Enterprise Mobility and Telecom Services, Unified Communication and Collaboration Services, Workplace Upgradation and Migration Services, Asset Management Service, Service Desk, Desktop Virtualization, Field Services, Workplace Automation Services, Application Management Services and Others), Organization Size (Small and Medium Enterprises and Large Enterprises), Vertical (Banking, Financial Services, and Insurance, Government, Healthcare and Life Sciences, Manufacturing and Automotive, Retail, Transportation and Logistics, Media and Entertainment, Telecom and Information Technology and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027 Workplace transformation market is expected to grow at a CAGR of 19.9% in the forecast period of 2020 to 2027.

Data Bridge Market Research report on workplace transformation market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.The Global Workplace Transformation Market report takes into account all the company profiles of the major players and brands.

The market study of Workplace Transformation Market report helps businesses to make out the key opportunities in the market and influencing factors which is useful to take business to the peak level.

This market report is a professional and detailed report which focuses on primary and secondary drivers, market share, leading segments and geographical analysis.

The trend of bring-your-own-devices (BYOD) and remote working has brought a turnaround to enhance the mood of employees.

According to Market Research Future (MRFR), the global workplace transformation market is expected to expand at 17% CAGR from 2017 to 2023 to touch a value of USD 22 billion.Primary Drivers and Top Barriers Over the years, the global market for workplace transformation has noted remarkable growth, thanks to the rising use of enterprise workflow management as well as technological advancements within the IT industry.

The IT and human resources departments in several organizations have joined hands to give rise to a workspace environment that boasts of flexible and smooth functioning of business processes.

Various business organizations have come up with digital transformation in the workplace, which boosts employee satisfaction as well as productivity.Renowned technology vendors like NTT Data Corporation (Japan), Accenture PLC (Ireland), Atos (France), Cisco Systems, Inc. (U.S.), Hewlett Packard Enterprise Development LP (HPE) (U.S.) are working on different marketing hacks that can fetch them a better position across the globe.

They also help clients in migrating to advanced and modern operating systems and software.The workplace transformation market is gaining high traction across the globe on the back of rising adoption of the latest technologies like Bring Your Own Device (BYOD) as well as enterprise mobility solution & service.

Evolving nature of workplace, processes backed by organizational restructuring and reorganizing, declining operational expenditures along with the changing demographic factors also stimulate market growth.Get a Free Sample @https://www.marketresearchfuture.com/sample_request/5248Segmentation:The global workplace transformation market is segmented by service type, organization size, and end-user.By service type, it is segmented into telecom services, unified communication, and enterprise mobility.

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According to new research report "Workplace Transformation Market by Type of Services (Enterprise Mobility & Telecom, Unified Communication & Collaboration, Workplace Upgrade & Migration, Field Services, and Service Desk), Organization Size, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets™, the Workplace Transformation Market estimated to grow from USD 8.02 Billion in 2016 to USD 18.06 Billion by 2021, at a CAGR of 17.6% from 2016 to 2021.Ask for Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=260658536Increasing trend in the adoption of new technologies such as Bring Your Own Device (BYOD) and enterprise mobility by organizations, changing nature of workplace, and processes supported by organizational restructuring and reorganizing, reduction in operational expenditures and changing demographic factors are some of driving forces in the Workplace Transformation Market.Enterprise mobility and telecom services to play a key role in the Workplace Transformation Market by 2021The enterprise mobility and telecom service has the largest market share in the Workplace Transformation Market during the forecast period.

Some of the new market trends such as Bring Your Own Identity (BYOD), Carry Your Own Identity (CYOI), and mobile-first approach are also encouraging the organization to adopt enterprise mobility services.

Enterprise mobility & telecom services is a broad term, which comprises mobile device management, mobile application management, digital identity, mobility management services, mobile virtualization, mobility orchestration platform, telecom expense management, and telecom lifecycle management services.

These services help workforce to work securely while they are roaming, which increase their productivity, engagement, and collaboration across organization.Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=260658536Small and medium enterprises will dominant the Workplace Transformation Market by 2021Among organization size, the small & medium enterprises (SMEs) segment is expected to grow at the highest rate in the Workplace Transformation Market during the forecast period.

Digital workplace services bring many advantages to SMEs such as increases workforce productivity & business efficiency, mobilize desk-based operations, speed up time to market, cost efficient, and enhanced customer experience.Asia-Pacific (APAC) region is expected to grow at the highest rate in the Workplace Transformation MarketAPAC is expected to grow at the highest growth rate in the Workplace Transformation Market during the forecast period.

There are several factors driving the growth in APAC such as rapid economic development, globalization and foreign direct investment, increasing penetration of smartphone, and internet adoption in workforce.The major vendors in the Workplace Transformation Market are Accenture PLC (Ireland), NTT Data Corporation (Japan), Cisco Systems, Inc. (U.S.), Atos SE (France), Hewlett Packard Enterprise Development LP (HPE) (U.S.), Capgemini (France), Cognizant Technology Solutions Corporation (U.S.), HCL Technologies Ltd. (India), Citrix Systems (U.S.), Computer Sciences Corporation (CSC) (U.S.), Wipro Ltd. (India), Unisys Corporation (U.S.), IBM Corporation (U.S.), Tata Consultancy Services (India), Infosys Limited (India), and Intel Corporation (U.S.).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

A workplace transformation is the spaces, which helps to accommodate different kinds of work, workers, and technology.

A workplace transformation offers various benefits to organization such as increasing competitive advantage, lowering the costs, increasing the productivity, and enhancing the collaboration.

Increasing adoption of new technology and change in work culture of the enterprises are the key factors driving growth of the workplace transformation market

Increasing adoption of cloud computing, Artificial Intelligence, and automation are helping organizations to increase their productivity and enterprises mobility, which provides immense opportunities for growth of the workplace transformation market worldwide.

Integration of Bring Your Own Device (BYOD) system in various organizations is major factor driving growth of the market in corporate segments, as it is more cost-effective.

BYOD saves on an average US$ 350 per year, per employee.

The ICT industry reports are produced by Market Research Future, which highlights market options for expansion.

A 17% CAGR is estimated to steer the market to earning of USD 22 billion by 2023.The need for digital transformation and employee satisfaction is estimated to create new trends that will favor the progress of the workplace transformation market in the coming period.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/5248Segmentation:The segmental insight into the workplace transformation market is conducted on the basis of organization size, service type, region, and end-user.

Based on the vertical segment, the workplace transformation market comprises of healthcare & life sciences, media & entertainment, telecommunication BFSI, government, automotive retail, transportation & logistics, manufacturing, and IT and others.

Based on the service type, the workplace transformation market consists of application management services, unified communication & collaboration services, asset management services, service desk, desktop virtualization, enterprise mobility & telecom services, field services, workplace upgrade & migration services, workplace automation services, and others.

On the basis of regions, the workplace transformation market comprises of North America, Europe, Asia Pacific, and Rest of the regions.Detailed Regional Analysis The regional evaluation of the workplace transformation market encompasses regions such as North America, Europe, Asia Pacific, and the rest of the regions.

It has been noted that the North American regional market is responsible for the most significant market segment for the workplace transformation market.