About Managed Workplace Services
Managed Workplace Services (MWS) are counted as sub category of Information Technology Outsourcing or ITO. This are sets of services which the original enterprises outsources to IT servicing companies. There are basically two types of MWS which are end user outsourcing services or EUO and Digital Workplace services. EOU accounts for the lager market share with sub categories under it being communication and collaboration services, mobility services, IT asset services and others. The improvement of Internet Connection and penetration has accelerate the growth of the Managed Workplace services market. Geographically, North America has also been the largest market of MWS which is expected to remain so.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Increasing Digitisation of Operations in Corporate Field, has led to creation of massive space under ITO. One of those sub categories under ITO being the Managed Workplace Services or MWS, which are expected to grow further with increasing cloud adoption, globalisation and increasing internet connectivity. As, outsourcing of this business operations to cheaper worker destinations leads to effective competitive edge for a firm providing a final product. Geographically, North America has always been the largest market of MWS. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Wipro Limited (India), TCS (India), HCL Technologies (India), Fujitsu Limited (Japan), Atos (France), NTT DATA (Japan), Accenture Plc (Ireland), Cognizant (United States), Infosys Limited (India) and Capgemini (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are DXC Technology (United States), CompuCom (United States) and Tech Mahindra (India).
Segmentation Overview
AMA Research has segmented the market of Global Managed Workplace Services market by Type (End User Outsourcing Services {Mobility Services, Communication and Collaboration Services, and IT Asset Services} and Digital Workplace Services) and Region.
On the basis of geography, the market of Managed Workplace Services 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 Deployment Type, the sub-segment i.e. Cloud Based will boost the Managed Workplace Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. BFSI will boost the Managed Workplace Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size , the sub-segment i.e. SMEs will boost the Managed Workplace Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
EOU Services Account for Larger Market Share
Market Growth Drivers:
Increasing Adoption of Digital Solutions and Cloud Computing and Rising Internet Penetration around the World
Challenges:
Presence of Large Number of Players
Restraints:
Risk Due to Sharing of Financial Burden
Opportunities:
SMEs are Largely Untapped Market
Market Leaders and their expansionary development strategies
In April 2023, A UK-wide and international workplace services provider has strengthened its operations with an acquisition. This acquisition helps strengthen Apogee's position as a leader in managed workplace services, both in the UK and, as we continue to drive growth, in continental Europe.
In 2021, Wipro Limited, an Indian Multinational Software and Business Processing Services provider has been named as market ‘Leader’ in Gartner produced Magic Quadrant for Managed Workplace Services for the Year 2021, in the regions of North America and Europe.
Key Target Audience
Managed Workplace Services Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.