📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Workplace Transformation Market Size

ID: MRFR//3810-HCR | 100 Pages | Author: Aarti Dhapte| June 2024

Associations are going through a huge shift toward computerized transformation, driven by the need to help remote and hybrid work models, upgrade representative efficiency, and adjust to changing workplace elements. This request has prompted the rise of workplace transformation arrangements that envelop advanced coordinated effort apparatuses, virtual work areas, and advances empowering consistent availability and efficiency in dispersed work settings.

Moreover, the rising spotlight on worker experience, prosperity, and capability upkeep has impacted the interest for workplace transformation arrangements. Managers are focusing on the production of drawing in, comprehensive, and adaptable workplaces that take special care of the different necessities of representatives. Workplace transformation arrangements envelop representative commitment stages, computerized health devices, and adaptable work area the board frameworks that add to making a positive and steady work culture, tending to the basic for upgrading worker experience and prosperity in the cutting-edge workplace.

Moreover, the developing meaning of brilliant and associated workplaces is driving the reception of workplace transformation arrangements. Associations are utilizing brilliant structure innovations, IoT sensors, and computerized workplace the board frameworks to make clever and proficient work areas. These arrangements empower associations to streamline space use, improve energy proficiency, and give a protected and associated climate for representatives, mirroring the pattern toward making reasonable and innovation empowered workplaces.

Virtual intelligence controlled workplace transformation devices offer wise mechanization, information examination, and prescient experiences that smooth out regulatory undertakings, enhance asset allotment, and further develop dynamic in workplace the executives. This mix of artificial intelligence and robotization advancements improves the productivity and quickness of workplace transformation arrangements, tending to the interest for smart and information driven workplace management devices.

Workplace Transformation Market Overview

The Workplace Transformation Market is projected to grow from USD 6.45 billion in 2024 to USD 22.7 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 17.03% during the forecast period (2024 - 2032). Additionally, the market size for Workplace Transformation was valued at USD 5.39 billion in 2023.

Increased activity in globalization and increasing need for greater flexibility are the key market drivers enhancing market growth

Figure 1: Workplace Transformation Market Size, 2024 - 2032 (USD Billion)

Workplace Transformation Market Overview

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Workplace Transformation Market Trends

Growing using cutting-edge technology is driving the market growth

Market CAGR for workplace transformations is driven by businesses using more cutting-edge technologies like workplace mobility and Bring Your Device (BYOD), which helps them grow their markets. Enterprise mobility lets remote workers stay in touch and share important information from anywhere. These services change corporate reorganization-supported workplaces and business processes while lowering operational costs. Also, artificial intelligence (AI), the Internet of Things (IoT), and virtual /\

7reality (VR) is expected to help workspaces use more cloud-based and flexible options. These technological changes have given market players new ways to expand their workforce management services and add cloud-based features. Demand for workplace transformations is expected to rise due to the issues mentioned above in the future.

Additionally, the right workplace will help find, keep, engage, and motivate workers. Digital workplace policies that are well-developed let workers choose their own devices and make it possible for them to work in different ways. When persona-based models are used instead of single services, end users get customized services that fit their needs. Employee content and data are safely built into collaboration tools, corporate drop boxes, and cloud storage so that workers can access data from any device, anytime, and anywhere, whether in the office or working from home. Having access to this info makes organizations more productive and helps them be more flexible. Therefore, the increasing prevalence of workplace transformations is fueling the expansion of the international market.

For instance, Cisco announced it will transform the workplace by introducing advanced generative AI tools. In its Collaboration and Security offerings, Cisco will use large language models (LLMs) to simplify and boost business efficiency. As a result, the demand for Workplace Transformations is predicted to grow throughout the forecasted time due to the rising demand for automobiles. Thus, the driving factor is the workplace transformation market revenue.

Workplace Transformation Market Segment Insights

Workplace Transformation Service Type Insights

The global workplace transformation market segmentation, based on service type, includes enterprise mobility, telecom services, and unified communication. In 2022, the enterprise mobility segment led the workplace transformation market in revenue because enterprise mobility improves customer happiness and employee productivity by making it easier for employees to respond and lowering costs. As a result, you can improve how you use your employees to meet customer needs and gradually increase your profits.

Figure 2: Workplace Transformation Market by Organization Size, 2022 & 2032 (USD Billion)

Workplace Transformation Market

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Workplace Transformation Organization Size Insights

The global workplace transformation market segmentation, based on organization size, includes small enterprise, medium enterprise, and large enterprise. Large enterprises are anticipated to grow at a CAGR of 19.70% over the projected period, making up the largest market share. Large companies have options that work well and are efficient for system integration, flexibility, and keeping data private. Large businesses also play a big part in spreading ideas based on technology and making people more aware of digital issues. During the time frame of the forecast, the segment will grow because of these benefits.

Workplace Transformation Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American workplace transformation market will dominate because of increased acceptance of business mobility services, which help improve staff productivity and lower operating costs. In addition, organizations are improving at self-management with the help of tools made possible by the digital transition.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.



Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe’s workplace transformation market accounts for the second-largest market due to the rise of digital transformation in this area, leading to more people changing their workspaces. Further, the workplace transformation market held the largest market share, and the UK workplace transformation market was the fastest-growing market in the European region.

The Asia-Pacific workplace transformation market is expected to grow at the fastest CAGR from 2023 to 2032 due to the increasing research and development efforts for workplace transformation, and more business organizations are using unified communications and collaboration services, as well as corporate mobility and telecom services. Moreover, China’s workplace transformation market held the largest market share, and the Indian workplace transformation market was the fastest-rising market in the Asia-Pacific region.

Workplace Transformation Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the workplace transformation market grow even more. There are some strategies for action that market participants are implementing to increase their presence around the world's global footprint, with important market developments including new product launches, contractual agreements and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Workplace Transformation industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturer use in the global workplace transformation industry to benefit clients and increase the market sector. In recent years, the workplace transformation industry has offered some of the most significant technological advancements. Major players in the workplace transformation market, including Accenture PLC (Ireland), Intel Corporation (U.S.), NTT Data Corporation (Japan), Tata Consultancy Services (India), Cisco Systems Inc. (U.S.), Infosys (India), Atos (France), IBM Corporation (U.S.), Hewlett Packard Enterprise Development LP (HPE) (U.S.), Unisys Corporation (U.S.), Capgemini (France), Wipro Ltd. (India), Cognizant Technology Solutions Corporation (U.S.), Citrix Systems (U.S.), HCL Technologies Ltd. (India), Computer Sciences Corporation (CSC) (U.S.), Citrix Systems (U.S.), Computer Sciences Corporation (CSC) (U.S), and others are attempting to grow market demand by investing in research and development operations.

Intel is the top in its field, making technology that changes the world and improves people's lives. Moore's Law inspires us to keep improving the design and production of chips so we can help our customers solve their biggest problems. By putting intelligence in the cloud, network, edge, and every computer device, we can use data to improve business and society. We make technology that changes the world and makes everyone's life better. Intel gave Silicon Valley its silicon. Intel and its people have greatly impacted the world for over 50 years, moving business and society forward by making radical innovations that change how we live. In March 2023, Intel recently introduced Intel Agilex, 7 FPGAs with F-Tile. They have the fastest field-programmable gate array (FPGA) transceivers on the market1 and are made to help customers solve problems in data centers and high-speed networks, which use a lot of bandwidth.

Wipro Limited is the best company in the world at giving technology services and consulting, with a particular emphasis on developing novel solutions to meet the demanding requirements of digital transformation. We assist clients in realizing their wildest dreams and constructing long-term, sustainable enterprises by utilizing our comprehensive portfolio of consulting, design, engineering, and operations services. We help our customers, colleagues, and communities succeed in an unpredictable world with the aid of over 250,000 workers and business partners in 66 countries. In May 2023, Wipro Limited introduced the Wipro Industry Innovation Experience for Energy and Utilities, comprehensive digital offerings developed with Microsoft Cloud. The purpose of combining Microsoft's Cloud services with those of Wipro's FullStride Cloud in the Innovation Experience is to develop novel solutions for the energy and utility industries that will facilitate robust, strategic, and long-term expansion.

Key Companies in the Workplace Transformation Market include

  • Accenture PLC (Ireland)

  • Intel Corporation (U.S.)

  • NTT Data Corporation (Japan)

  • Tata Consultancy Services (India)

  • Cisco Systems

  • Inc. (U.S.)

  • Infosys (India )

  • Atos (France)

  • IBM Corporation (U.S.)

  • Hewlett Packard Enterprise Development LP (HPE) (U.S.)

  • Unisys Corporation (U.S.)

  • Capgemini (France)

  • Wipro Ltd. (India)

  • Cognizant Technology Solutions Corporation (U.S.)

  • Citrix Systems (U.S.)

  • HCL Technologies Ltd. (India)

  • Computer Sciences Corporation (CSC) (U.S.)

  • Citrix Systems (U.S.)

  • Computer Sciences Corporation (CSC) (U.S)

Workplace Transformation Industry Development

January 2023:Unisys Corporation, a global provider of IT services and solutions, and Faction, a provider of data protection, cyber recovery, and business continuity services across multiple cloud platforms, have announced that they will be working together to provide a comprehensive solution for these needs.

May 2023: IBM declares that it has bought Polar Security, a leader in technology that helps businesses find, continuously monitor, and secure cloud and software-as-a-service (SaaS) application data. It solves the growing shadow data problem.

June 2023: Wipro Limited, in partnership with Cisco, has introduced a private, managed 5G-as-a-Service solution. Better business results are now within reach for enterprise customers thanks to the new offering’s ability to integrate private 5G with their existing LAN/WAN/Cloud infrastructure in a streamlined fashion.

Workplace Transformation Market Segmentation

Workplace Transformation Service Type Outlook

  • Enterprise Mobility

  • Telecom Services

  • Unified Communication

Workplace Transformation Organization Size Outlook

  • Small Enterprises

  • Medium Enterprises

  • Large Enterprises

Workplace Transformation Regional Outlook

  • North America

  • US

  • Canada

  • Europe

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.