The market size for the global Digital Workplace Software is anticipated to reach over USD 91 billion by 2028. The demand for the Digital Workplace Software is likely to surge on account of the growing demand for optimization remote working and flexibility of employees.
Dallas, United States - October 26, 2020 /MarketersMedia/ —
Global Digital Workplace Software market size is projected to reach USD 91.90 Billion by 2028. Digital Workplace Software is evolving and it is gaining pace as it offers a lot of benefits to employees and organizations with the evolving digital technology. The Digital Workplace Software structure offers some benefits such as improved security and Vertical delivery. Digital Workplace Software services are subdivided into professional and managed service. Professional services help in consulting, integrating, and supporting organizations across industries in dealing with threats, thereby ensuring visibility and security across all the different businesses.
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One of the essential trends that have created great hopes among the industry players in the global Digital Workplace Software industry is the wide Verticals of Digital Workplace Software. Due to this reason, many organizations are keen on rolling out new solutions and ensure they remain prominent and relevant in the rivalry. With new Verticals, the adoption of Digital Workplace Software solutions will increase across different industry verticals. Companies have capitalized on roping in talent that shall enable them in creating need-specific and high-quality products. However, Lack of Training and Required Education Among the Workforce and transformation and Integration Process related issues are the restraining factors that might hamper the market growth.
Digital Transformation at Workplaces for Operational Efficiency steers Growth
To align with transitioning business needs, customer expectations and ensuring fast track rise in business returns, forgoing operational constraints and financial burden have gained maximum priority, finds Adroit Market Research.
A digital workplace software enables seamless collaboration and delivery of multiple processes to ensure advanced integration of diverse features and functionalities to ensure smooth workflow and project delivery.
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Organizations are fast investing in digitization of business operations to substitute legacy techniques with smart applications and paperless workflow. Mindful discretion to maintain energy efficiency and sustainability further reckon high growth in digital workplace software market. Some of the most advanced technologies leveraging customization in digital workplace software include AR and VR integration that encourage dynamic possibilities with optimum returns to match employee expectations besides ensuring high productivity in service delivery.
Zensar Technologies Wins Gartner Magic Quadrant Recognition, Expands Capabilities in its Digital Workplace Software Series
New Solutions by notable companies to further expedite growth in digital workplace ecosystem. Mirroring this Zensar Technologies best known for its advanced digital solutions has recently expanded capabilities of its Digital Workplace Services series to match increased demands from businesses. Zensar has been heading the competition graph with its highly scalable software solutions that increases productivity and improve performance aligning with end-user demands. The company has also been recently awarded Gartner Magic Quadrant Recognition for digital workplace managed services.
Remote Workculture Propels Advances in Digital Workplace Software
Geographical expansion continues to remain most preferred corporate strategies to improve business outcome. Likewise, digital workplace software ecosystem is also witnessing several disruptions from new market entrants. In a significant development, market participant, Kissflow has launched its flagship digital workplace platform across Russian markets with advanced solutions such as process automation, team coordination, business optimization and improved productivity. Growing adoption to remote work culture at the wake of pandemic crisis is believed to coin Kissflow’s latest investment.
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The Digital Workplace Software market is divided into North America, Europe, APAC, Latin America, and the Middle East & Africa. North America is considered a mature market in the Digital Workplace Software. The US and Canada have the largest market size in the market.
The major players of the Digital Workplace Software Market are IBM, ATOS, Wipro, DXC Technology, NTT Data, TCS, and more. The Digital Workplace Software market is fragmented with the existence of well-known global and domestic players across the globe.
Segment Overview of Digital Workplace Software Market
Component Overview, 2018-2028 (USD Million)
Unified Communication and Content Collaboration
Enterprise Mobility and Management
Organization Size Overview, 2018-2028 (USD Million)
Vertical Overview, 2018-2028 (USD Million)
IT & Telecom
Retail & E-Commerce
Media & Entertainment
Regional Overview, 2018-2028 (USD Million)
Rest of Europe
Rest of APAC
Rest of South America
Middle East and Africa
Rest of MEA
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Source URL: https://marketersmedia.com/digital-workplace-software-market-development-trends-business-attractiveness-newer-technologies-organization-size-industry-vertical-future-growth-forecast-2025/88982497
Release ID: 88982497