Workspace-as-a-service Market

Analysis of Workspace-as-a-service
Market, by Component, Organization
Size and Deployment Model
The public deployment model segment held the dominant position in the market in 2017
and is projected to retain its dominance throughout the forecast period. The shifting of
workload in public cloud is major factor driving growth of the segment. For instance,
according to Coherent Market Insights, around 68% of cloud workload is estimated to
be shifted towards public cloud by 2020.
The workspace as a service is a type of desktop virtualization, which provides remote
access service to the end users for various application and data form any device.
Increasing trend of Bring Your Own Devices (BYOD) is of the major factor fueling
growth of the market. Advantages such as employee satisfaction and retention,
increased productivity and innovation, and cost saving have accelerated the demand for
BYOD trend in various organizations. Furthermore, cost saving is the major factor
fueling trend of BYOD in various organization, as employees utilize their own device
and data, which reduced the organization IT maintenance and purchasing expenses.
Hence, increasing trend of BYOD in turn is fueling growth of workspace as a service
market.
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North America workspace as a service market is projected to held dominant
position in 2017
On the basis of geography, the global workspace as a service market is segmented into
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North
America held the dominant position in the market in 2017 and is projected to retain its
dominance throughout the forecast period. The US and Canada are major economies
driving growth of the market in this region, owing to availability of advance IT & telecom
infrastructure and growing trend for adoption of advance workspace virtualization
solutions.
Furthermore, market in Asia Pacific region is projected to witness highest CAGR over
the forecast period. India, China, and Japan are some of the major economies driving
growth of the market in this region, owing to increasing number of SMEs or startups,
which have accelerated the market growth. For instance, according to Indian
government Economic Survey, 2016, the country had over 19,000 technology-enabled
startups in the same year.
Key Companies - Global Workspace as a service Market
Major companies operating in the global workspace as a service market include
Amazon Web Services, Inc., Citrix Systems, Inc., Microsoft Corporation, Tech
Mahindra, Vmware, Inc., Colt Technology Services, Econocomy Group, Getronics,
Independence It Corporation and Unisys.
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Workspace-as-a-service market report categorizes global market by component (Solution and Services), by organization size (Small and Mid-size Organization and Large Organization), by deployment model and by geography.