Workplace Transformation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2022 - 2032
The workplace transformation market is anticipated to reach at a CAGR of 17.7% in the forthcoming years from 2022 to 2032. Increasing adoption of the enterprise mobility services for the enhancements of workforce productivity along with reduced operational expenses is estimated to propel sales opportunities in the workplace transformation market in the coming years. Further, transition in the workforce demographics has also been predicted to fuel growth avenues in the market.
The outbreak of COVID-19 cases has stimulated businesses to make a shift to remote working along with an overturn in their technologies in order to bring into the digital workplace for the maintenance of business continuity. It has further helped enterprises to look for novel ways to impart training. It has further made organizations to invest in workplace transformation for the model of hybrid work that increase the adoption of the solutions that are based on the cloud. So, these factors are likely to work as revenue generators in the workplace transformation market.
The increasing adoption of some advanced technologies, for instance, BYOD (bring your own device) and enterprise mobility by the global organization is estimated to propel expansion opportunities in the market. Enterprise mobility enables remote employees to establish links and exchange required data irrespective of their location. These services are helpful to change the workplace nature and processes that are supported by organizational restructuring.
The players operating in the workplace transformation market are incorporating various strategies in order to generate novel growth opportunities.
The key players profiled in the workplace transformation market include:
North America, Latin America, the Middle East & Africa, Europe, and Asia Pacific are the prominent regions that are studied in detail in the research report on the workplace transformation market. Of these, North America is anticipated to account for the maximum share in the market revenue owing to the growing adoption of various emerging technologies, for example, enterprise mobility management solutions, AI, and BYOD. Further, regional players are also incorporating AI into their practices and adopting different technologies. In addition to this, strong demand for robotics solutions and software due to high automotive, retail, and manufacturing activity is predicted to fuel sales opportunities in the workplace transformation market.
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