What is Digital Workplace Technologies Market Scope?
Digital workplace technologies represent the incorporation of new technologies into the business to collaborate and communicate with employees. Advanced technologies help businesses to reduce cost, enhance productivity, and employee engagement. Digital workplace technologies include cloud storage tools, communication applications, intranet platforms, and many more. The tools are widely used to easily collaborate and communicate with the remote workforce, employee engagement, attracting and retain top talent. In todayís time, smart virtual assistance is becoming more popular for real-time answering, scheduling meetings, compiling data, and enhancing capabilities.
The Digital Workplace Technologies market study is being classified by Type (Collaboration Tools, Communication Tools, Cloud Computing, Hybrid Working Models and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Digital Workplace Technologies market throughout the predicted period.
Microsoft Corporation (United States), Oracle Corporation (United States), DXC Technology (United States), Dell Technologies (United States), Accenture (Ireland), HCL Technologies (India), IBM (United States), Workday, Inc. (United States), Citrix Systems (United States), Atos (France), eXo (France), SAP (Germany), Capgemini (France), Appspace Inc. (United States) and Tech Mahindra (India) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Digital Workplace Technologies market by Type, Application and Region.
On the basis of geography, the market of Digital Workplace Technologies has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In October 2021, Appspace Inc. acquired Beezy to boost workplace experience. Breezy is a leading digital workplace and intelligent intranet solution. With this acquisition, Appspace Inc. will be able to deliver an industry-first platform for superior employees and new opportunities for organizations to better engage with employees.
In 2020, Tech Mahindra announced the launch of WORKSPACE NXT, an integrated digital workplace solution for enterprises globally. Tech Mahindra is a leading provider of digital transformation, consulting, and business re-engineering services & solutions. The new solution delivers a high level of security by using a hybrid workspace delivery model. To develop a digital workplace solution, the company will collaborate with dell, VMWare, and Intel. With the launch of WORKSPACE NXT, the main aim of Tech Mahindra is to provide enterprises with remote access solutions without compromising on security.
Influencing Market Trend
- Growing Popularity of Hybrid Working Model and Virtual Collaboration Tools
- Rapid Adoption of Digital Transformation Strategies to Survive and Stay Competitive
- Increasing Demand for Digital Workplace to Communicate, Collaborate, and Connect with Employees and Others
- Remote Working Scenario Across the Globe Due to Covid-19 Pandemic
- High Cost of Continually Upgrading Software and Training
- Growing Data Security Concern Due to Increasing Cyberattacks
- Limitations of Software Tools and Communication Difficulties
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Digital Workplace Technologies Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industries and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Digital Workplace Technologies market expands?
The Global Digital Workplace Technologies market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Digital Workplace Technologies market?
The prominent players of Global Digital Workplace Technologies market are Microsoft Corporation (United States), Oracle Corporation (United States), DXC Technology (United States), Dell Technologies (United States), Accenture (Ireland), HCL Technologies (India), IBM (United States), Workday, Inc. (United States), Citrix Systems (United States), Atos (France), eXo (France), SAP (Germany), Capgemini (France), Appspace Inc. (United States) and Tech Mahindra (India), to name a few.
3. What are the top priorities to focus for Digital Workplace Technologies marketís growth?
In this highly competitive & fast evolving Digital Workplace Technologies industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.