According to a new report published by Reports Monitor titled, “Workplace Transformation Market By Type & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the workplace transformation market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia-Pacific region dominates the workplace transformation market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
The increasing demand for these technology leads in driving the growth of workplace transformation market. BYOD helps the employees to carry their own devices such as laptops, smartphones, and tablets. Enterprise mobility helps for collecting the important data related to the customers, which enables them to understand customer behavior properly. Changing nature of workplace and processes supported by organizational restructuring and reorganizing, reduction in operational expenditures and changing demographic factors helps to drive the workplace transformation market.
Workplace transformation market is differentiated into geographic regions such as North America, APAC, Europe, MEA, and Latin America. Various companies in APAC regions are greatly adopting the BYOD and cloud-based technology. Therefore, APAC is predicted to grow at a highest rate in workplace transformation market. Rapid economic development, globalization & foreign direct investment, increasing penetration of smartphone, and internet adoption in workforce are the elements driving the growth in APAC region.
Key Question Answered:
• What will be the market size in 2025 and at what rate it will grow?
• What trends, barriers, challenges are influencing its growth?
• Who are the major key players in global workplace transformation market and what are their strategies?
• Which vertical industry is expected to show major growth?
• What segment and region will lead the market and why?
The major companies profiled in the report include: Accenture PLC, Cisco Systems, Inc., Cognizant Technology Solutions Corporation, HCL Technologies Limited, Citrix Systems, Inc., Wipro Limited, Unisys Corporation, IBM Corporation, Tata Consultancy Services Limited, Infosys Limited and Intel Corporation.
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