Remote Workplace Services Market Size, Trends and Insights By Organization Size (Large Enterprises, SMEs), By Deployment (On-Premises, Cloud), By Component (Solutions, Services), By Industry (Telecommunication, Banking, Financial Services & Insurance, IT & ITeS, Manufacturing, Retail & Consumer Goods, Media & Entertainment, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Code: CMI32601
Published Date: October 2023
Pages: 220+
Category: Next Generation Technologies
Report Snapshot
Source: CMI
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- Accenture
- HCL Technologies
- Hewlett Packard Enterprise
- IBM Corporation
- Atos Group
- Others
Reports Description
As per the current market research conducted by the CMI Team, the global Remote Workplace Services Market is expected to record a CAGR of 23% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 19.79 Billion. By 2032, the valuation is anticipated to reach USD 100.03 Billion.
Remote Workplace Services encompass a comprehensive array of technological solutions and support systems designed to facilitate and enhance remote work for individuals and teams. In the ever-evolving landscape of work, where flexibility and mobility are increasingly prized, these services have become indispensable for businesses aiming to empower their employees to work effectively and securely from locations outside the traditional office environment.
At the heart of Remote Workplace Services lies the seamless and secure provisioning of essential work-related tools, applications, data, and resources. This often involves the establishment of Virtual Private Networks (VPNs) to establish a secure network connection for remote employees. This enables them to access internal systems and resources via the Internet while ensuring the confidentiality and integrity of data.
To maintain a uniform and recognizable working environment, businesses often deploy Remote Desktop Services (RDS) or Virtual Desktop Infrastructure (VDI). These services enable remote employees to establish connections with a centralized server or desktop environment, granting them access to essential applications and files. This replication creates an experience akin to working on their physical office desktops.
These tools also promote instantaneous communication via video conferencing, instant messaging, and file-sharing platforms, fostering effective collaboration among remote teams, even when they are geographically dispersed.
Remote Workplace Services Market – Significant Growth Factors
The global market for Remote Workplace Services has witnessed remarkable growth in recent years, driven by the growing adoption of remote work practices and the surge in flexible work arrangements. This expansion has been further propelled by technological advancements, the widespread availability of high-speed internet, and the imperative need for business continuity, especially during unforeseen events like pandemics.
Remote Workplace Services encompass a diverse array of solutions and tools that empower both individuals and teams to work effectively and securely from remote locations. They ensure seamless access to company resources and foster collaboration. As businesses increasingly view remote work as a long-term strategy, the demand for these services is poised for continued growth.
Remote work offers employees the valuable flexibility to manage their work schedules alongside personal commitments, emphasizing a better work-life balance. Consequently, businesses are investing in Remote Workplace Services to enhance employee productivity and job satisfaction. Ongoing technological advancements have facilitated the development of secure and efficient solutions in this space.
Improved internet connectivity, cloud computing, and collaboration tools have rendered remote work more accessible and viable for businesses of all sizes. Moreover, remote work can lead to reduced office space requirements and overhead costs for companies. By embracing Remote Workplace Services, businesses can optimize their operational expenses and enhance overall efficiency.
The capacity to work remotely has emerged as a critical element for ensuring business continuity, especially in the face of unexpected events like natural disasters or health emergencies. Remote Workplace Services serve as the linchpin that allows companies to sustain their operations even when physical office spaces are inaccessible.
This adaptability enables companies to harness a broader talent pool, transcending geographical limitations. Through the adoption of Remote Workplace Services, businesses can attract skilled professionals from diverse regions, potentially resulting in more versatile and proficient teams.
However, the transition to remote work has brought forth a new set of cybersecurity challenges, as remote environments may exhibit increased vulnerability to data breaches and cyberattacks. Businesses must make substantial investments in robust security measures to safeguard their sensitive information and uphold data integrity.
Moreover, implementing Remote Workplace Services necessitates a strong technology infrastructure and dependable IT support. Some companies may encounter hurdles when upgrading their systems to accommodate remote work, particularly those with legacy systems.
Nevertheless, the persistent worldwide trend toward remote work and the growing embrace of flexible work setups offer substantial avenues for growth to providers of Remote Workplace Services.
Furthermore, governments and institutions across the globe are progressively acknowledging the advantages of remote work. Consequently, the formulation of policies and regulations that endorse and facilitate remote work practices is anticipated to establish an environment conducive to the expansion of Remote Workplace service providers.
Remote Workplace Services Market – Mergers and Acquisitions
- Cognition and NTT Data Partnership (September 2022): In September 2022, Cognition joined forces with NTT Data Corporation to expand its range of services related to workforce readiness and risk management. This strategic partnership offers clients a potent and highly focused tool for achieving scalable, realistic behavioral change on a significant scale.
- Infosys and TK Elevators Collaboration (June 2022): In June 2022, Infosys entered into a collaboration with TK Elevators to enhance the employee experience through the implementation of AI-powered IT helpdesk services, digital workplace management, and network services. These services are based on Infosys Cobalt, aiming to provide employees with an improved and more efficient digital working environment.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Remote Workplace Market | 5G Core Network Market | Escape Room Market |
CAGR 23% (Approx) | CAGR 42% (Approx) | CAGR 15% (Approx) |
USD 100.03 Billion by 2032 | USD 20.60 Billion by 2032 | USD 32.01 Billion by 2032 |
Remote Workplace Market – Significant Threats
- Cybersecurity Risks: The shift to remote work has increased the threat landscape for cyberattacks. Remote workers may use less secure networks, leading to data breaches, phishing attacks, and other cybersecurity risks. Protecting sensitive data and ensuring secure access to company systems is a constant challenge.
- Technology Gaps: Not all employees have access to the necessary technology and high-speed internet required for effective remote work. This digital divide can limit participation in remote work arrangements and create disparities among employees.
- Employee Isolation and Burnout: Prolonged remote work can lead to feelings of isolation and burnout among employees who miss the social interaction and separation between work and personal life that the office provides. Mental health and well-being are significant concerns.
- Productivity and Accountability: Managing remote teams can be challenging, as employers may worry about reduced productivity and difficulties in tracking employee performance. Maintaining accountability and ensuring work is completed on time can be more complex in remote settings.
- Lack of Work-Life Balance: Remote workers often struggle to establish clear boundaries between work and personal life. This can lead to overwork, stress, and a decrease in overall well-being.
- Regulatory and Compliance Issues: Remote work can complicate compliance with labor laws, tax regulations, and data protection regulations. Employers need to navigate complex legal and compliance challenges when managing a remote workforce.
- Communication Challenges: Effective communication can be more challenging in remote work setups. Misunderstandings, miscommunication, and reduced opportunities for spontaneous interaction can hinder collaboration and innovation.
- Employee Engagement and Team Building: Building and maintaining a cohesive team culture can be challenging when team members are physically dispersed. Engaging remote employees and fostering a sense of belonging can require extra effort.
- Dependence on Technology: Remote work heavily relies on technology, which can be vulnerable to outages, technical glitches, and software compatibility issues. Any disruptions in technology can disrupt remote work operations.
- Data Privacy Concerns: The handling and storage of sensitive company data in remote locations can raise concerns about data privacy and compliance with data protection regulations.
- Resistance to Change: Some employees and organizations may resist transitioning to remote work due to a preference for traditional office settings or concerns about the effectiveness of remote work arrangements.
Report Scope
Feature of the Report | Details |
Market Size in 2023 | USD 27.81 Billion |
Projected Market Size in 2032 | USD 100.03 Billion |
Market Size in 2022 | USD 19.79 Billion |
CAGR Growth Rate | 23% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Organization Size, Deployment, Component, Industry and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Category-Wise Insights
By Component:
In 2022, the services component took the lead as the primary revenue contributor in the Global Remote Workplace Services Market. This shift was attributed to its crucial role in ensuring visibility and security across all facets of business operations.
Within this component, there are various elements such as training, support & maintenance, consulting services, and integration & implementation services, all of which collectively play a pivotal role in streamlining digital workplaces. This streamlined approach leads to more efficient and effective operations, ultimately driving the growth of the market.
Managed services, a subset of this segment, provide professional network support & maintenance along with continuous system monitoring, effectively safeguarding businesses from potential operational failures.
Additionally, professional services offer structured procedures and technology-based learning aimed at remotely monitoring and resolving issues. This proactive approach contributes significantly to the accelerated growth of this segment.
By Organization Size:
In terms of organization size, the market is divided into two segments: Large Enterprises and SMEs (Small and Medium-sized Enterprises). The adoption of workplace services is experiencing a notable upswing among large enterprises, primarily driven by their robust financial stability and heightened investments in digital tools integrated with artificial intelligence.
This upward trajectory is expected to result in substantial growth within this segment. Key industry players are also proactively embracing cloud technology and automation software to cater to the evolving needs of remote employees.
This strategic move is a pivotal factor in bolstering the expansion of the market. For instance, Dell Technologies has initiated a flex-work program named the “Connected Workplace” designed to enhance work organization and accommodate both professional and personal requirements.
Initiatives of this nature contribute to the creation of improved working environments and have a positive impact on overall business performance. Consequently, such endeavours further fortify the growth prospects of the large enterprises segment within the market.
Remote Workplace Market – Regional Analysis
North America:
- North America, particularly the United States and Canada, has been a leading adopter of remote workplace solutions. The region boasts a mature technology infrastructure and a large workforce that has readily embraced remote work.
- Major technology companies in Silicon Valley have played a significant role in shaping the remote work landscape, with many offering remote work options to their employees.
Europe:
- Europe has seen a significant surge in remote work adoption, with countries like the United Kingdom, Germany, and the Netherlands at the forefront.
- The European Union has introduced regulations related to remote work and telecommuting, which have impacted the way businesses implement remote workplace solutions.
Asia-Pacific:
- Asia-Pacific has experienced rapid growth in remote work, driven by countries such as India, China, and Japan.
- The region’s diverse economies have different levels of remote work adoption, with technology hubs like Bangalore and Singapore leading the way.
List of the prominent players in the Remote Workplace Services Market:
- Accenture
- HCL Technologies
- Hewlett Packard Enterprise
- IBM Corporation
- Atos Group
- Capgemini SE
- Tech Mahindra Limited
- TRIANZ
- Unisys Corporation
- VMware Inc.
- Wipro Limited
- DXC Technology
- Fujitsu
- Infosys Limited
- Microsoft
- Mphasis
- NTT Data Corporation
- Tata Consultancy Services Limited
- Zensar
- Others
Remote Workplace Report Scope
By Organization Size
- Large Enterprises
- SMEs
By Deployment
- On-Premises
- Cloud
By Component
- Solutions
- Services
By Industry
- Telecommunication
- Banking, Financial Services & Insurance
- IT & ITeS
- Manufacturing
- Retail & Consumer Goods
- Media & Entertainment
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Remote Workplace Services Market, (2024 – 2033) (USD Billion)
- 2.2 Global Remote Workplace Services Market: snapshot
- Chapter 3. Global Remote Workplace Services Market – Industry Analysis
- 3.1 Remote Workplace Services Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Accelerated Remote Work Adoption
- 3.2.2 Technological Advancements
- 3.2.3 Workforce Flexibility
- 3.2.4 Hybrid Work Models
- 3.2.5 Cybersecurity Challenges
- 3.2.6 Employee Well-being
- 3.2.7 Regulatory Compliance.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Organization Size
- 3.7.2 Market Attractiveness Analysis By Deployment
- 3.7.3 Market Attractiveness Analysis By Component
- 3.7.4 Market Attractiveness Analysis By Industry
- Chapter 4. Global Remote Workplace Services Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Remote Workplace Services Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Remote Workplace Services Market – Organization Size Analysis
- 5.1 Global Remote Workplace Services Market Overview: By Organization Size
- 5.1.1 Global Remote Workplace Services Market Share, By Organization Size, 2022 and – 2033
- 5.2 Large Enterprises
- 5.2.1 Global Remote Workplace Services Market by Large Enterprises, 2024 – 2033 (USD Billion)
- 5.3 SMEs
- 5.3.1 Global Remote Workplace Services Market by SMEs, 2024 – 2033 (USD Billion)
- 5.1 Global Remote Workplace Services Market Overview: By Organization Size
- Chapter 6. Global Remote Workplace Services Market – Deployment Analysis
- 6.1 Global Remote Workplace Services Market Overview: By Deployment
- 6.1.1 Global Remote Workplace Services Market Share, By Deployment, 2022 and – 2033
- 6.2 On-Premises
- 6.2.1 Global Remote Workplace Services Market by On-Premises, 2024 – 2033 (USD Billion)
- 6.3 Cloud
- 6.3.1 Global Remote Workplace Services Market by Cloud, 2024 – 2033 (USD Billion)
- 6.1 Global Remote Workplace Services Market Overview: By Deployment
- Chapter 7. Global Remote Workplace Services Market – Component Analysis
- 7.1 Global Remote Workplace Services Market Overview: By Component
- 7.1.1 Global Remote Workplace Services Market Share, By Component, 2022 and – 2033
- 7.2 Solutions
- 7.2.1 Global Remote Workplace Services Market by Solutions, 2024 – 2033 (USD Billion)
- 7.3 Services
- 7.3.1 Global Remote Workplace Services Market by Services, 2024 – 2033 (USD Billion)
- 7.1 Global Remote Workplace Services Market Overview: By Component
- Chapter 8. Global Remote Workplace Services Market – Industry Analysis
- 8.1 Global Remote Workplace Services Market Overview: By Industry
- 8.1.1 Global Remote Workplace Services Market Share, By Industry, 2022 and – 2033
- 8.2 Telecommunication
- 8.2.1 Global Remote Workplace Services Market by Telecommunication, 2024 – 2033 (USD Billion)
- 8.3 Banking, Financial Services & Insurance
- 8.3.1 Global Remote Workplace Services Market by Banking, Financial Services & Insurance, 2024 – 2033 (USD Billion)
- 8.4 IT & ITeS
- 8.4.1 Global Remote Workplace Services Market by IT & ITeS, 2024 – 2033 (USD Billion)
- 8.5 Manufacturing
- 8.5.1 Global Remote Workplace Services Market by Manufacturing, 2024 – 2033 (USD Billion)
- 8.6 Retail & Consumer Goods
- 8.6.1 Global Remote Workplace Services Market by Retail & Consumer Goods, 2024 – 2033 (USD Billion)
- 8.7 Media & Entertainment
- 8.7.1 Global Remote Workplace Services Market by Media & Entertainment, 2024 – 2033 (USD Billion)
- 8.8 Others
- 8.8.1 Global Remote Workplace Services Market by Others, 2024 – 2033 (USD Billion)
- 8.1 Global Remote Workplace Services Market Overview: By Industry
- Chapter 9. Remote Workplace Services Market – Regional Analysis
- 9.1 Global Remote Workplace Services Market Regional Overview
- 9.2 Global Remote Workplace Services Market Share, by Region, 2022 & – 2033 (USD Billion)
- 9.3. North America
- 9.3.1 North America Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.3.1.1 North America Remote Workplace Services Market, by Country, 2024 – 2033 (USD Billion)
- 9.3.1 North America Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.4 North America Remote Workplace Services Market, by Organization Size, 2024 – 2033
- 9.4.1 North America Remote Workplace Services Market, by Organization Size, 2024 – 2033 (USD Billion)
- 9.5 North America Remote Workplace Services Market, by Deployment, 2024 – 2033
- 9.5.1 North America Remote Workplace Services Market, by Deployment, 2024 – 2033 (USD Billion)
- 9.6 North America Remote Workplace Services Market, by Component, 2024 – 2033
- 9.6.1 North America Remote Workplace Services Market, by Component, 2024 – 2033 (USD Billion)
- 9.7 North America Remote Workplace Services Market, by Industry, 2024 – 2033
- 9.7.1 North America Remote Workplace Services Market, by Industry, 2024 – 2033 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.8.1.1 Europe Remote Workplace Services Market, by Country, 2024 – 2033 (USD Billion)
- 9.8.1 Europe Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.9 Europe Remote Workplace Services Market, by Organization Size, 2024 – 2033
- 9.9.1 Europe Remote Workplace Services Market, by Organization Size, 2024 – 2033 (USD Billion)
- 9.10 Europe Remote Workplace Services Market, by Deployment, 2024 – 2033
- 9.10.1 Europe Remote Workplace Services Market, by Deployment, 2024 – 2033 (USD Billion)
- 9.11 Europe Remote Workplace Services Market, by Component, 2024 – 2033
- 9.11.1 Europe Remote Workplace Services Market, by Component, 2024 – 2033 (USD Billion)
- 9.12 Europe Remote Workplace Services Market, by Industry, 2024 – 2033
- 9.12.1 Europe Remote Workplace Services Market, by Industry, 2024 – 2033 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.13.1.1 Asia Pacific Remote Workplace Services Market, by Country, 2024 – 2033 (USD Billion)
- 9.13.1 Asia Pacific Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.14 Asia Pacific Remote Workplace Services Market, by Organization Size, 2024 – 2033
- 9.14.1 Asia Pacific Remote Workplace Services Market, by Organization Size, 2024 – 2033 (USD Billion)
- 9.15 Asia Pacific Remote Workplace Services Market, by Deployment, 2024 – 2033
- 9.15.1 Asia Pacific Remote Workplace Services Market, by Deployment, 2024 – 2033 (USD Billion)
- 9.16 Asia Pacific Remote Workplace Services Market, by Component, 2024 – 2033
- 9.16.1 Asia Pacific Remote Workplace Services Market, by Component, 2024 – 2033 (USD Billion)
- 9.17 Asia Pacific Remote Workplace Services Market, by Industry, 2024 – 2033
- 9.17.1 Asia Pacific Remote Workplace Services Market, by Industry, 2024 – 2033 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.18.1.1 Latin America Remote Workplace Services Market, by Country, 2024 – 2033 (USD Billion)
- 9.18.1 Latin America Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.19 Latin America Remote Workplace Services Market, by Organization Size, 2024 – 2033
- 9.19.1 Latin America Remote Workplace Services Market, by Organization Size, 2024 – 2033 (USD Billion)
- 9.20 Latin America Remote Workplace Services Market, by Deployment, 2024 – 2033
- 9.20.1 Latin America Remote Workplace Services Market, by Deployment, 2024 – 2033 (USD Billion)
- 9.21 Latin America Remote Workplace Services Market, by Component, 2024 – 2033
- 9.21.1 Latin America Remote Workplace Services Market, by Component, 2024 – 2033 (USD Billion)
- 9.22 Latin America Remote Workplace Services Market, by Industry, 2024 – 2033
- 9.22.1 Latin America Remote Workplace Services Market, by Industry, 2024 – 2033 (USD Billion)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Remote Workplace Services Market, by Country, 2024 – 2033 (USD Billion)
- 9.23.1 The Middle-East and Africa Remote Workplace Services Market, 2024 – 2033 (USD Billion)
- 9.24 The Middle-East and Africa Remote Workplace Services Market, by Organization Size, 2024 – 2033
- 9.24.1 The Middle-East and Africa Remote Workplace Services Market, by Organization Size, 2024 – 2033 (USD Billion)
- 9.25 The Middle-East and Africa Remote Workplace Services Market, by Deployment, 2024 – 2033
- 9.25.1 The Middle-East and Africa Remote Workplace Services Market, by Deployment, 2024 – 2033 (USD Billion)
- 9.26 The Middle-East and Africa Remote Workplace Services Market, by Component, 2024 – 2033
- 9.26.1 The Middle-East and Africa Remote Workplace Services Market, by Component, 2024 – 2033 (USD Billion)
- 9.27 The Middle-East and Africa Remote Workplace Services Market, by Industry, 2024 – 2033
- 9.27.1 The Middle-East and Africa Remote Workplace Services Market, by Industry, 2024 – 2033 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 Accenture
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Google
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 HCL Technologies
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Hewlett Packard Enterprise
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 IBM Corporation
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Atos Group
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Capgemini SE
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Tech Mahindra Limited
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 TRIANZ
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Unisys Corporation
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 VMware Inc.
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Wipro Limited
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 DXC Technology
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Fujitsu
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 Infosys Limited
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Microsoft
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.17 Mphasis
- 10.17.1 Overview
- 10.17.2 Financials
- 10.17.3 Product Portfolio
- 10.17.4 Business Strategy
- 10.17.5 Recent Developments
- 10.18 NTT Data Corporation
- 10.18.1 Overview
- 10.18.2 Financials
- 10.18.3 Product Portfolio
- 10.18.4 Business Strategy
- 10.18.5 Recent Developments
- 10.19 Tata Consultancy Services Limited
- 10.19.1 Overview
- 10.19.2 Financials
- 10.19.3 Product Portfolio
- 10.19.4 Business Strategy
- 10.19.5 Recent Developments
- 10.20 Zensar
- 10.20.1 Overview
- 10.20.2 Financials
- 10.20.3 Product Portfolio
- 10.20.4 Business Strategy
- 10.20.5 Recent Developments
- 10.21 Others.
- 10.21.1 Overview
- 10.21.2 Financials
- 10.21.3 Product Portfolio
- 10.21.4 Business Strategy
- 10.21.5 Recent Developments
- 10.1 Accenture
List Of Figures
Figures No 1 to 31
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- Accenture
- HCL Technologies
- Hewlett Packard Enterprise
- IBM Corporation
- Atos Group
- Capgemini SE
- Tech Mahindra Limited
- TRIANZ
- Unisys Corporation
- VMware Inc.
- Wipro Limited
- DXC Technology
- Fujitsu
- Infosys Limited
- Microsoft
- Mphasis
- NTT Data Corporation
- Tata Consultancy Services Limited
- Zensar
- Others
FAQs
The key factors driving the Market are Accelerated Remote Work Adoption, Technological Advancements, Workforce Flexibility, Hybrid Work Models, Cybersecurity Challenges, Employee Well-being And Regulatory Compliance.
The “Component” category dominated the market in 2022.
The key players in the market are Accenture, Google, HCL Technologies, Hewlett Packard Enterprise, IBM Corporation, Atos Group, Capgemini SE, Tech Mahindra Limited, TRIANZ, Unisys Corporation, VMware Inc., Wipro Limited, DXC Technology, Fujitsu, Infosys Limited, Microsoft, Mphasis, NTT Data Corporation, Tata Consultancy Services Limited, Zensar, Others.
“North America” had the largest share in the Remote Workplace Services Market.
The global market is projected to grow at a CAGR of 23% during the forecast period, 2023-2032.
The Remote Workplace Services Market size was valued at USD 19.79 Billion in 2022.
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