The global digital workplace market size reached USD 19.46 Billion in 2020 and is expected to register a CAGR of 21.3%, during the forecast period, according to latest analysis by Emergen Research. Increasing focus on development of smart workspaces is expected to drive global digital workplace market revenue growth to a significant extent over the forecast period. Rising demand for Desktop-as-a-Service (DaaS) is expected to further augment global digital workplace market revenue growth during the forecast period. Rising demand for remote working from workforces to gain work-life balance is also expected to boost global digital workplace market growth over the forecast period.
Some of the key factors driving the growth of the global Digital Workplace market include expanding RD efforts to develop novel Digital Workplace products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market's dynamically altered environment. The study carefully investigates how the pandemic has altered market dynamics and trends while also precisely analysing how the crisis has impacted the market as a whole.
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Effect of COVID-19 on the global market for Digital Workplace
The COVID-19 pandemic had a significant negative influence on the market for Digital Workplace in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Digital Workplace were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Digital Workplace in 2020. Additionally, demand for Digital Workplace decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Digital Workplace market : Competitive Landscape
The prominent players operating in the Digital Workplace market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Digital Workplace market .
Some of the prominent players operating in the market are:
HCL Technologies Limited, Citrix Systems, Inc., Wipro Limited, International Business Machines Corporation, Tata Consultancy Services Limited, DXC Technology Co, Atos SE, NTT DATA Corporation, Accenture plc, and Unisys Corporation
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The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Key questions answered in the report:
What will be the development pace of Digital Workplace market ?
What are the key factors driving the Global Digital Workplace market ?
Who are the key manufacturers in the market space?
What are the openings, hazards, and outline of the market?
What is sales, revenue, and price analysis of top manufacturers of Digital Workplace market ?
Who are the distributors, traders, and dealers of Digital Workplace market ?
What are the Digital Workplace market opportunities and threats faced by the vendors in the Global Infrared detector industries?
What are deals, incomes, and value examinations by types and utilizations of the market?
What are deals, income, and value examinations by areas of enterprises?
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Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2018–2028)
- Services
- Solutions
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- SMEs
- Large Enterprises
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Manufacturing
- Government
- BFSI
- Healthcare
- Retail
- IT Telecom
- Media Entertainment
- Others
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Regional Bifurcation of the Digital Workplace market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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