Workspace as a Service Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Workspace as a service is a kind of desktop virtualization that is used by companies to provide their employees with access to data and business application form anywhere. The workspace as a service market is primarily driven by the growing popularity of BYOD and end-user computing optimization. The growing adoption of the workspace as a service by SMEs is creating lucrative business opportunities for companies operating in the market to gain a strong market position.

MARKET SCOPE

The "Global Workspace as a Service Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the workspace as a service market with detailed market segmentation by type, deployment organization size, industry vertical, and geography. The report provides key statistics on the market status of the leading workspace as a service market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global workspace as a service market is segmented into solution and services.
  
•   On the basis of deployment, the market is segmented into public, private, and hybrid.
  
•   Based on organization size, the market is segmented into SMEs and large enterprise.
  
•   Based on industry vertical, the market is segmented into BFSI, retail, government, healthcare, telecom and IT, manufacturing, and others.
  

MARKET DYNAMICS

Drivers:

•   Reduced Capex and secured environment are the major factors that would drive the growth of the workspace as a service market.
  
•   The major challenge faced by companies operating in the market is growing competition due to the increasing number of player and network bandwidth. > workspace as a service as
  

Restraints:

•   Lack of training and education is acting as a major restraining factor in the market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The workspace as a service market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the workspace as a service market in these regions.

IMPACT OF COVID-19 ON WORKSPACE AS A SERVICE MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the workspace as a service market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from workspace as a service market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the workspace as a service market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Amazon Web Services, Inc
  
•   Citrix Systems, Inc.
  
•   CloudJumper
  
•   Colt Technology Services Group Limited
  
•   Getronics
  
•   NTT DATA Corporation
  
•   Otava
  
•   Tech Mahindra Limited
  
•   Unisys
  
•   VMware, Inc
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Workspace as a Service Report Scope