Digital Workplace Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to digital workplace market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Digital Workplace Market News

  • In March 2024, Kyndryl, the world’s largest IT infrastructure services provider, and Ethniki Asfalistiki, a leading Greek insurer, announced a collaboration aimed at digitally transforming Ethniki’s workplace. This initiative aims to provide Ethniki’s employees with access to the necessary tools, data and applications from any location and at any time. 
  • In March 2024, HCLTech launched FlexSpace 5G, which is an advanced digital workplace experience-as-a-service that increases efficiency and security for international enterprises. 
  • In February 2024, Zextras, a leader in developing innovative email solutions, announced the launch of Carbonio Community Edition (CE), a cutting-edge, fully open-source digital workplace platform designed to enable organizations to self-host their collaboration environment for heightened privacy and control.

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Digital Workplace Market size was valued at USD 40.4 Billion in 2023 and is poised to grow from USD 48.96 Billion in 2024 to USD 227.98 Billion by 2032, growing at a CAGR of 21.2% during the forecast period (2025-2032).

Key vendors in Digital Workplace Market are: 'Atos ', 'Cognizant ', 'IBM ', 'Zensar ', 'Wipro ', 'Infosys ', 'DXC Technology ', 'Accenture ', 'Fujitsu ', 'HCL Technology ', 'Capgemini ', 'NTT Data ', 'Unisys ', 'HPE (Hewlett Packard Enterprise) ', 'CompuCom ', 'Stefanini ', 'TCS (Tata Consultancy Services) ', 'SONDA ', 'Santo Digital ', 'Ilegra'

The rapid adoption of digital workplace solutions is driven by a confluence of technological advancements, evolving workforce dynamics, and pressing business needs. Technological innovations, such as cloud computing, artificial intelligence (AI), and the Internet of Things (IoT), have revolutionized workplace operations and interactions.

Increasing Adoption of Workplace Transformation Services among SMEs: SMEs adopting digital workplace solutions gain a competitive advantage in the industry through increased productivity, cost savings, a more mobile and agile workforce, increased flexibility, and adaptability in the marketplace. It is crucial for small and medium-sized enterprises (SMEs) to focus on their business operations and growth and improve their strength in their domain of business. 

In 2024, North America dominated the market, accounting for 35.3% of the revenue. The growing regional collaboration for the digital workplace can be attributed to emerging technologies such as AI, BYOD, widespread use of enterprise travel management solutions and others. Organizations are increasingly looking for digital solutions that support eco-friendly practices, such as reducing paper usage through digital document management systems and minimizing carbon footprints by enabling remote work. As companies seek to align their operations with sustainability goals, the demand for digital workplace tools that facilitate these initiatives is expected to rise, further driving market growth in the region. 

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Global Digital Workplace Market
Digital Workplace Market

Report ID: SQMIG45B2038

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