What is the Current and Forecasted Market Size of the Digital Workplace Market?
The digital workplace market has seen substantial growth in recent years. The market expanded from $49.17 billion in 2024 to an estimated $59.18 billion in 2025, showing a compound annual growth rate (CAGR) of 20.4%. The significant growth during this historic period can largely be attributed to the growing adoption of remote work, increased use of collaboration tools, the prevalence of BYOD policies, and the proliferation of mobile devices.
Looking forward, the digital workplace market is expected to continue its rapid growth trajectory. By 2029, it is projected to reach a size of $143.2 billion, reflecting a CAGR of 24.7%. This expected growth in the forecast period can be linked to the evolution of endpoint detection and response (EDR), the enhancement of identity and access management (IAM), a focus on user education and awareness, and a shift towards secure containerization.
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What Factors are Driving the Digital Workplace Market?
The digital workplace market is poised to grow, fueled by a surge in the adoption of cloud and enterprise mobility services among organizations. Businesses are leveraging cloud services to streamline their operations remotely, including handling large amounts of data, reducing costs, and improving service quality. The extensive use of enterprise mobility services, which allow staff to access corporate data using their devices and cloud computing, is also a significant driver of market growth.
What are the Key Segments in the Digital Workplace Market?
1. By Components: Solutions, Services
2. By Deployment: On-Premises, Cloud
3. By Organization Size: Large Enterprises, Small and Medium Enterprises (SME)
4. By Verticals: Banking, Financial Services and Insurance (BFSI), Consumer Goods and Retail, Telecommunication and IT, Manufacturing, Healthcare and Pharmaceuticals, Government and Public Sector, Media and Entertainment, Other Verticals
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Who are the Major Players in the Digital Workplace Market?
Prominent players in the digital workplace market include Atos Group, Cognizant, International Business Machines Corporation, Infosys Limited, Zensar Technologies Limited, Microsoft Corporation, Google LLC, Wipro Ltd., Accenture PLC, DXC Technology Company, NTT DATA Corporation, Unisys Corporation, HCL Technologies, Capgemini SE, Tata Consultancy Services Limited, Citrix Systems Inc., Hewlett Packard Enterprise LP, Fujitsu Limited, CompuCom Systems Inc., Trianz, Sonda SA, Tech Mahindra Limited, Mphasis Limited, WorkGrid Software, Axero Solutions, eXo Platform, Liferay Inc., Atlassian Corporation, Kissflow Inc., Salesforce Inc., Adobe Inc.
What are the Emerging Trends in the Digital Workplace Market?
Product innovation through the integration of technologies such as artificial intelligence is a significant trend within the digital workplace market. An example of this trend in action is the Jumpree platform launched by Singapore-based company Smarten Spaces. This all-in-one digital workplace platform streamlines various workplace processes, from booking meeting rooms to synchronizing schedules with colleagues.
Which Regions are Driving the Growth of Digital Workplace Market?
North America took the lion’s share of the digital workplace market in 2024. However, it is Asia-Pacific that’s expected to be the fastest-growing region in the forecast period. The digital workplace market report covers multiple regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Digital Workplace Market Report 2025 Offer?
A digital workplace is a digital ecosystem that aligns technology and business processes to facilitate collaboration and communication with employees working in different locations. The market report from The Business Research Company provides information about market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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