Global Connected Workplace Market, By Components (Security Systems, Smart Lighting), Type (Telecommuting, Virtual Team, Hot Desk), Deployment (On-Premise, On-Cloud, Hybrid), Applications (Monitoring, Building Automation, Others), Vertical (BFSI, Consumer goods and retail, Telecommunication and ITes, Manufacturing, Healthcare and pharmaceuticals, Government and public sector, Media and entertainment, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Connected Workplace Market
The connected workplace market is expected to witness market growth at a rate of 24.15% in the forecast period of 2021 to 2028. Data Bridge Market Research report on connected workplace market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid digitization globally is escalating the growth of connected workplace market.
A connected workplace refers to the type of arrangement that helps with managing far-off work strategy by getting the correct instruments set up and also, preparing for a comparative circumstance later on. Associations ensure that representatives working from far have the apparatuses they require, such as VPNs, admittance to basic reports, coordinated effort devices and video conferencing arrangements among others.
The rise in adoption of work from home and remote working due to the outbreak of COVID-19 acts as one of the major factors driving the growth of connected workplace market. The increase in demand for greater flexibility with work along with high focus on improved employee experience, and wide utilization of wearable sensors, innovation, examination, resource following, and field testing cell phones in modern and field climate accelerate the market growth. The high need of cost optimization and improved productivity across small and large businesses, and increase in demand for innovative headways, collaborative workspace, expanding prerequisite and developing interest for portability, and to improve labour force profitability and wellbeing further influence the market. Additionally, increase in investments, development in the IT infrastructure and rapid digital transformations of enterprises positively affect the connected workplace market. Furthermore, increase in adoption of workplace transformation services among SMEs extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, budget restraints and transformation and integration process-related issues in legacy systems are expected to obstruct the market growth. Lack of training and required education among the workforce and lack of thought leadership in organizations are projected to challenge the connected workplace market in the forecast period of 2021 to 2028.
This connected workplace market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on connected workplace market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Connected Workplace Market Scope and Market Size
The connected workplace market is segmented on the basis of components, type, deployment, application and vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of components, the connected workplace market is segmented into security systems, and smart lighting.
- On the basis of type, the connected workplace market is segmented into telecommuting, virtual team, and hot desk.
- On the basis of deployment, the connected workplace market is segmented into on-premise, on-cloud and hybrid.
- On the basis of applications, the connected workplace market is segmented into monitoring, building automation and others.
- On the basis of vertical, the connected workplace market is segmented into BFSI, consumer goods and retail, telecommunication and ITes, manufacturing, healthcare and pharmaceuticals, government and public sector, media and entertainment and others.
Global Connected Workplace Market Country Level Analysis
The connected workplace market is analysed and market size, volume information is provided by country, components, type, deployment, applications and vertical as referenced above.
The countries covered in the connected workplace market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the connected workplace market due to the presence of verticals, such as telecommunication and ITes, BFSI, and manufacturing, and high adoption of digital workplace solutions and services within the region. Asia-Pacific is expected to witness high growth during the forecast period of 2021 to 2028 because of the developing advanced IT infrastructures in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Connected Workplace Market Share Analysis
The connected workplace market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to connected workplace market.
The major players covered in the connected workplace market report are Accenture, NTT DATA CORPORATION, Cisco System Inc., ATOS SE, LP, Hewlette Packard Enterprise Development, Capegemini, Cognizant, HCL Technologies Ltd., Citirix Systems Inc., Computer Sciences Corporation, Wipro Ltd., Unisys, Tata Consultancy Ltd., IBM, Infosys Ltd., Intel Corporation, Tech Mahindra Ltd., BLIZZARD ENTERTAINMENT Inc., Adobe Inc., and Jabil Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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