Digital Workplace Market Growth Analysis by Manufacturers, Regions, Type and Application

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Digital Workplace Market:
95% User Companies Witnessed Increase In Profits
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Adroit Market Research
Global Digital Workplace Market Size, Share & Forecast 2019-2025
Analyst Commentary:
• 95% of companies resoundingly approve digital workplace enhancement as a significant factor in their company’s success
and most of them are moving in that directions. 44% of workplaces have already embraced digital workplace programs.
Digital transformation doesn’t remain a buzzword, instead it has become an enterprise priority. By the end of 2019,
spending on digital transformation is anticipated to attain a value of $1.7 trillion worldwide, up 42 percent from 2017.
• Many CIOs have manifests that if employees improve the way they serve customers, in exchange, they should be catered
with top-notch digital workplace. Best-in-class digital workplace consists a network with well-configured quality-of-service,
sufficient bandwidth and constant availability. The networks should be prepared to address the requirement of virtual
workers as technologies such as robotics and artificial intelligence started to have a great impact in the workplace.
Another essential factor is having a nomadic workstyles within a workplace are predicated on ubiquitous wireless
connectivity.
• Another way, the companies are able to achieve creation of digitally integrated “on-demand” teams. These teams are able
to serve with better technical expertise, seasoned professionals and tap into extensive networks of innovators. With the
recent studies, it’s been found that 30-40 percent of US workers are in “on-demand” teams or contingent employees
which can create a level of agility for all sizes of enterprises.
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Global Digital Workplace Market Size, Share & Forecast 2019-2025
Report Description:
• The rapid extension of the technological landscape across the globe led to a constant invasion of novel technologies in the
IT organizations. In the previous few years, the eagerness to digitize the organization workplace peaked amid a number of
IT leaders. Conversely, in 2017, there is wide-range comprehension of digital workplace among various technological
sectors. According to the 2017 survey, around 95% of organizations agree that a digital workplace is necessary to analyze
data, engage and collaborate employees.
• The move towards the cloud will accelerate
• Several industries started slightly with cloud computing usually for a testing purpose. In 2018, many business leaders
realized the significance of cloud data storage and accordingly the adoption upsurges. The need for real-time data all over
the organization will be a key reason for this trend.
• Enterprise Chatbot stands will progressively swap traditional app development
• In upcoming years, more enterprises will improve both policy and implementation of AI-Powered Chatbot platform to
organize, manage and train bots in the B2C, B2B, and B2E workflows..
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Global Digital Workplace Market Size, Share & Forecast 2019-2025
• Analytics for Everything
• Many enterprises will emphasis more on application analytics through multiple domains. Analytics tools will be used to
recognize the digital workplace is constantly sustains adoption and end-user experience.
• Higher investments in Robotics Process Automation
• RPA is one of the wide-range automation of industrial processes to automate heavy tasks, cut costs, improve employee
productivity, and link applications. In 2017, a number of large industries shift towards RPS. This trend will remain in the
coming years.
• Immersive Technologies
• Immersive technologies are useful for increase business performance and employee communication.
Digital workplace Segmentation
• The digital workplace market basically bifurcated into component type, verticals, size of enterprises, and geographical
regions.
• Based on the component type, the global digital workplace market can be categorized into software and services.
• Based on the size of enterprises, this market can be classified as large enterprise, medium enterprise and small enterprise.
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Global Digital Workplace Market Size, Share & Forecast 2019-2025
• Based on vertical, this market is alienated into Banking, Financial Services & Insurance (BFSI), Information Technology &
Telecommunication, healthcare sector, retail, media and entertainment, transportation, energy and utility, and others. In
between this, the Information Technology & Telecommunication segment is proposed to the digital workplace market over
the forecast period. Likewise, there has been increased adoption of digital workplace services in BFSI sector. Also, the
healthcare sector is anticipated to raise at the highest CAGR into coming years. This is credited to rising importance on
patient gratification and emphasis towards supporting and engaging frontline staff in healthcare industries.
Digital workplace major players
• The key players operating in the global market have adopted collaborations, new product launch, and partnerships to
improve their existence across the globe. The leading vendors in the market are continuously upgrading and innovating
their top products to grow their market revenue. The fresh competitors in the digital workplace market are concentrating
to coordinate with technology providers to invent their product and increase end-user reachability.
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