Published Date: 30-Sep-2022
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According to a new report, published by KBV research, The Global Remote Workplace Services Market size is expected to reach $67 billion by 2028, rising at a market growth of 22.3% CAGR during the forecast period.
The Solution segment acquired maximum revenue share in the Global Remote Workplace Services Market by Component in 2021 thereby, achieving a market value of $47.2 billion by 2028. In order to protect and manage the use of mobile devices by employees and company-owned, such a solution includes a combination of procedures, tools, and guidelines. Enterprise mobility and management solutions offer built-for-business mobile productivity apps like calendars, email, a secure browser, remote access to enterprise resources like apps, desktops, and files, and document editing.
The Cloud segment is showcasing a CAGR of 24% during (2022 - 2028). With major investments made in the technology by tech behemoths like Google, Amazon, and Microsoft, cloud hosting has gained prominence in recent years. Most respondents to Flexera's "state of cloud" survey reported using at least one private or public cloud. The Worldwide Semiannual Public Cloud Services Spending Guide also predicts a significant increase in global IT spending on cloud services.
The Large Enterprises segment is generating highest revenue share in the Global Remote Workplace Services Market by Organization Size in 2021 thereby, achieving a market value of $46.1 billion by 2028. Modern digital transformation technology is being used by large businesses to improve internal processes and outperform rivals. To provide the employees with a better working environment, the majority of large businesses have adopted the remote office.
The IT & ITeS segment has shown the growth rate of 21.1% during (2022 - 2028). In the IT & ITeS industry, the adoption of remote workplace services is expanding. Businesses in this sector outsource their IT operations, and mobility, such as IT assets, network, communication, and security to managed service providers for the digital workplace. This enables them to focus on the core competencies and increase productivity.
The North America market dominated the Global Remote Workplace Services Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $23.9 billion by 2028. The Europe market is exhibiting a CAGR of 22% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 23.1% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBM Corporation, NTT Data Corporation, Wipro Limited, Atos Group, Infosys Limited, Tata Consultancy Services Ltd., Hewlett-Packard enterprise Company, HCL Technologies Ltd., Capgemini SE, VMware, Inc., and Unisys Corporation.
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By Organization Size
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