Global Virtual Workspaces Software Market Overview:
Virtual workspace serves as a digital, simulated office space outfitted with collaboration and communication tools to replicate a physical office space. Virtual workspaces can act as a collaborative hub for remote teams that don’t have the ability to meet in person daily. Virtual workspaces software provides structure and a framework for interaction with team members, and they can see which of their coworkers are “in the office," deliberately bringing teams together and providing spaces to interact. Virtual workspaces combine multiple types of communication and collaboration tools into one platform within the context of a simulated workspace. These workspaces provide instant messaging, video conferencing, and screen sharing software features bundled in a single offering. Some of the players profiled in the study are Sococo, Inc. (United States), CafeX Spaces (United States), Tactivos, Inc. (United States), Miro (United States), Prysm Systems, Inc. (United States), Oblong Inc. (United States), Bluescape (United States), Nureva (Canada), Walkabout Collaborative LLC (United States) and MeetingSphere Inc (United States).
On the basis of geography, the market of Virtual Workspaces Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Organization Size, the sub-segment i.e. Small & Medium Enterprises (SMEs) will boost the Virtual Workspaces Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Virtual Workspaces Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Virtual Workspaces Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing Type, the sub-segment i.e. Monthly Subscription will boost the Virtual Workspaces Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising Adoption Work From Home Facility by Various Companies Due to COVID-19 Pandemic
- Growing IT Industry across the Globe
Influencing Trend
- Implementing the underneath technology stack of a virtual workspace, such as VDI or remote desktop
Restraints
- High Complexity in Maintenance and Cost
Opportunities
- Technological Advancement and Development in the Virtual Workspaces Software
- Increasing Adoption of the Cloud-based Software
Challenges
- Lack of Skilled Working Professionals
Key Market Developments:
On 24th January 2019, IGEL has announced that it is teaming with Tehama, a cloud-based platform that secures and simplifies global IT operations, to deliver Amazon (AWS) Workspaces to end-users via the industry-leading Teradici PCoIP Software Client for Linux.
On 24th January 2018, Bluescape has announced the latest release of their software that enables dispersed teams to innovate, iterate and deliver new products faster. With a focus on improving the way teams work with multiple, different types of content during a project, the release introduces new features—Canvas, Bluescape Clipboard and Layout—meant to evolve its virtual workspace solution.
Target Audience:
Virtual Workspaces Software Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Virtual Workspaces Software market on the basis of product [
] , application [], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Virtual Workspaces Software market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Virtual Workspaces Software industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are DEON (Germany), Remo (United States), MURAL (United States) and MeetingWall (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Virtual Workspaces Software market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.