San Francisco, California, August 16, 2018 – The drive for workplace transformation has gained substantial traction over the past few years from the dynamically changing landscape of workspace all over the world. Numerous benefits that enterprises world over garner from the flexibility of workspaces and agility of workers are compelling underpinnings for the rapid evolution of the workplace transformation market.
A report by TMR Research (TMR) offers a broad assessment of such factors and trends influencing the market dynamics and its various trajectories. The study is titled “Workplace Transformation Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025”.
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The rising need for collaborative work environments that improve productivity and foster innovation is a key factor propelling the demand for workplace transformation technologies. The rising trends of bring your own device (BYOD) and bring your own identity (BYOI) gaining traction in enterprises, especially in several developing and developed nations, is a crucial factor bolstering the demand for workplace transformation. With worker mobility playing an increasingly important role in modern enterprises, the adoption of such technologies is expected to receive a robust fillip in the coming years.
The rising implementation of flexible working policies and cutting-edge technologies is also catalyzing the expansion of the workplace transformation market over the assessment period of 2017–2025. Rising efforts to restructure organization’s workplace and streamline collaboration so as to bolster productivity and gain cost savings is expected to fuel the workplace transformation market growth. The growing demand for technologies for building employee engagement is bolstering the uptake of workplace transformation technologies.
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The rapid rise in deployment of enterprise mobility solutions among small and medium-scale enterprises in various parts of the world is accentuating the workplace transformation market. The extensive demand for such solutions in emerging economies, such as in Asia Pacific, is catalyzing the growth of the overall workplace transformation market.
Some of the key players operating in the workplace transformation market are Tata Consultancy Services Ltd., IBM Corporation, Wipro Ltd., Citrix Systems, HCL Technologies, Cognizant, Capgemini, Hewlett Packard Enterprise (HPE), Cisco Systems, and Accenture PLC.