Global Digital Workplace Market Size & Share Value To Touch $155.7 Bn By 2030: Report - BW Businessworld

Latest study connected Digital Workplace says that its marketplace size and stock is expected to interaction USD 155.7 cardinal by 2030, increasing astatine a CAGR of 22.5 per cent during the forecast period.

The marketplace size and stock of planetary integer workplace was valued astatine USD 27.37 cardinal successful 2021.

Factors similar increasing digitalisation, expanding request for employees for greater flexibility, and rising request for desktop-as-a-service are fueling the integer workplace marketplace size. Increasing adoption of the work-from-home (WFM) and BYOD (bring your ain device) exertion is propelling manufacture growth, the study said.

“Moreover, integer workplace models trim clip spent connected hardware and bundle licensing and instrumentality absorption successful crossed organisations. It besides reduces the operational expenditure of businesses,” said the Polaris Market Research report.

In addition, the increasing integration of much cloud-based and flexibility-enhancing accessibility solutions successful assorted organisations with the enactment of Artificial Intelligence (AI), the Internet of Things (IoT), and Virtual Reality (VR) is expected to foster marketplace growth.

On the ground of geography, the study noted that integer workplace marketplace successful North America is projected to seizure the highest gross stock passim the foreseen play owed to the increasing usage of integer workstations crossed tiny and mean organisations successful the region.

But the study besides said that the APAC portion is expected to amusement singular maturation during the predicted play owing to the expanding inclination of moving from location oregon distant places coupled with the rising trends of giving first-class facilities to employees to heighten idiosyncratic experience.