What is Workplace Transformation Market?
A workplace transformation is the rethinking for flexible workspace for accommodating different kinds of work, workers, and technology. The human resources as well as IT departments in various organisation are working for creating a workspace environment, that ensures the smooth and flexible functioning of their business processes. The business organisations have introduced digital transformation in their workplace and has witnessed greater employee satisfaction and more productivity.
Highlights from Workplace Transformation Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Accenture PLC (Ireland), NTT Data Corporation (Japan), Cisco Systems, Inc. (United States), Atos (France), Hewlett Packard Enterprise Development LP (HPE) (United States), Capgemini (France), Cognizant Technology Solutions Corporation (United States), HCL Technologies Ltd. (India), Citrix Systems (United States), Computer Sciences Corporation (CSC) (United States), Wipro Ltd. (India), Unisys Corporation (United States), IBM Corporation (United States), Tata Consultancy Services (India), Infosys (India) and Intel Corporation (United States) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Workplace Transformation market throughout the forecasted period.
Accenture PLC (Ireland), NTT Data Corporation (Japan), Cisco Systems, Inc. (United States), Atos (France), Hewlett Packard Enterprise Development LP (HPE) (United States), Capgemini (France), Cognizant Technology Solutions Corporation (United States), HCL Technologies Ltd. (India), Citrix Systems (United States), Computer Sciences Corporation (CSC) (United States), Wipro Ltd. (India), Unisys Corporation (United States), IBM Corporation (United States), Tata Consultancy Services (India), Infosys (India) and Intel Corporation (United States) are some of the key players profiled in the study. Workplace Transformation Market Segmentation:
Scope | Sub-Segments |
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Components | Software,Solution,Service (Enterprise Mobility and Telecom Services,Unified Communication and Collaboration Services,Workplace Upgrade and Migration Services,Asset Management Services,Service Desk,Desktop Virtualisation,Field Services,Application Management Services,Workplace Automation Services,Others) |
Technology | Collaborative technology,Space optimisation tools |
Workplace culture | Classic,Balanced,Progressive |
Industry vertical | Banking, Financial Services, and Insurance (BFSI),Government,Healthcare and life sciences,Manufacturing and Automotive,Retail,Transportation and Logistics,Media and Entertainment,Telecom and IT,Others |
Organisation size | SMEs,Large Enterprises |
On the basis of geography, the market of Workplace Transformation 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand of Connected Workplaces
Market Growth Drivers:
Emergence of New Technology in Enterprise Mobility and Increasing Adoption of Innovative Technologies Such as Enterprise Mobility
Challenges:
Lack of Training Expertise and Skills
Restraints:
Concerns Regarding Data Security
Opportunities:
Growth in Enterprise Workflow Management and New Technological Advancements in IT Industry
Key Target Audience
Technology vendors, Government associations, Research organisations and Others
Market Leaders & Development Strategies
In June 2021: Accenture has entered into an agreement with DI Square to acquire the company’s consulting capabilities for product lifecycle management (PLM) and application lifecycle management (ALM) systems integration. and In December 2019, Cisco has acquired Exablaze which is an Australia-based designer and manufacturer of advanced network devices aimed at reducing latency and improving network performance.