Digital Workplace Transformations is Fastest Growing Segment Fueling Growth Of Workplace Transformation Market

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.

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.

Accelerate digital transformation with business solutions, delivering value with Microsoft workplace offerings, including productivity, digital, process, and transformation solutions

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.

Digital workplace solutions have become an absolute necessity have tool for many businesses in the course of the most recent few years.

Groups hoping to manage difficulties that rotate around communications, collaboration, usefulness, among others, regularly face two primary decisions: (1) implement a large group of independent collaborative tools and applications that arrangement with every particular case independently, or (2) convey an all encompassing digital modern workplace solutions with worked in shared additional items that can likewise bind together any tools that are now set up.The actual quintessence of a fruitful business is a powerful corporate culture.

We regularly hear this term tossed around a ton when organizations need to feature their brands and contributions and appeal to likely customers and occupation applicants.

Also, how digital transformation solutions can help make or pass on it?

It addresses the common vision, reason and qualities that characterize the general work space and how – and all the more critically why – activities are led with a particular goal in mind.Disconnected team’s members and communications silos are among the most intermittent difficulties confronting organizations and for a valid justification.

With remote working turning into the standard for some, the potential for correspondence storehouses have become considerably more noteworthy particularly for organizations that come up short on the apparatuses and policies to manage such emergencies.

Business Process Automation & Business Intelligence plays a role in digital transformation as they add additional layers of agility & flexibility to decision-making.

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.