Global Workplace Transformation Industry

Global Workplace Transformation Industry

  • April 2021 •
  • 142 pages •
  • Report ID: 5800007 •
  • Format: PDF
Abstract:
- Global Workplace Transformation Market to Reach $33.2 Billion by 2027
- Amid the COVID-19 crisis, the global market for Workplace Transformation estimated at US$10.9 Billion in the year 2020, is projected to reach a revised size of US$33.2 Billion by 2027, growing at a CAGR of 17.3% over the analysis period 2020-2027. Enterprise Mobility & Telecom, one of the segments analyzed in the report, is projected to record a 18.5% CAGR and reach US$11 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Unified Communication & Collaboration segment is readjusted to a revised 17.5% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 16.6% CAGR
- The Workplace Transformation market in the U.S. is estimated at US$3.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.7 Billion by the year 2027 trailing a CAGR of 16.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.3% and 14.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.7% CAGR.
- Workplace Upgrade & Migration Segment to Record 17% CAGR
- In the global Workplace Upgrade & Migration segment, USA, Canada, Japan, China and Europe will drive the 16.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.8 Billion in the year 2020 will reach a projected size of US$5.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4 Billion by the year 2027.

- Select Competitors (Total 38 Featured) -
  • Accenture PLC
  • Atos SE
  • Capgemini France
  • Cisco Systems, Inc.
  • Citrix Systems, Inc.
  • Cognizant Technology Solutions Corporation
  • Computer Science Corporation
  • HCL Technologies Ltd.
  • Hewlett Packard Enterprise Development LP (HPE)
  • IBM Corporation
  • Infosys Ltd.
  • Intel Corporation
  • NTT DATA Corporation
  • Tata Consultancy Services Ltd.
  • Unisys Corporation
  • Wipro Ltd.