DUBLIN--(BUSINESS WIRE)--Sep 6, 2018--The "Workplace Transformation Market by Service, by Organization Size, by Industry, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023" report has been added to ResearchAndMarkets.com's offering.

Global workplace transformation market is expected to reach $24.1 billion by 2023.

Transition in workforce demographics and increasing adoption of enterprise mobility services, which help enhance workforce productivity and reduce operational expenses, are the major factors contributing to the robust growth of the market.

Enterprise mobility and smart mobile applications have transformed the way the traditional banking system functions. Digital banking applications offered by vendors have transformed the devices used by the clients into financial management devices, which can be accessed by them as per their convenience.

During the forecast period, the workplace transformation market is expected witness the fastest growth in APAC, as many western companies are adopting the Look East strategy for cost-cutting and governments in various Asian countries are supporting the Industry 4.0 revolution, which stresses workplace transformation. Besides, the APAC region has become a manufacturing hub in recent years. There has also been an increase in the demand for large automated warehouses facilities for storage and logistic purposes, which require optimum usage of the workspace through workplace automation services.

A flexible workplace is a key factor that can differentiate an organization from its competitors. A major element in creating a flexible work environment is having the supporting technology in place that can allow employees to collaborate more effectively, irrespective of their location. Connected devices has come as a boon to all employees, as they help increase connectivity among devices, which, in turn, results in the faster exchange of data among employees. Business organizations, across the world, are recognizing the need for technologically transforming their workplaces, which, in turn, is supporting the growth of the workplace transformation market.

Adoption of workplace transformation services such as cloud-based mobility solutions by SMEs are offering growth opportunities to the market.

Vendors are increasingly integrating cloud-based and mobility solutions, such as AI, IoT, and virtual reality, to offer improved workplace management. Future workspaces will adopt new technologies, such as smart and connected meeting rooms, and will empower employees to collaborate with colleagues wirelessly, enabling interactions through touchscreens, voice, and video features.

Moreover, SMEs are increasingly implementing workplace transformation services because of the various benefits offered by them, such as faster deployment, improved business agility, increased employee efficiency, and elimination of huge infrastructure cost. Thus, the rising adoption of these services by SMEs and the increasing integration of cloud-based and mobility solutions are offering growth opportunities to the players in the workplace transformation market.

Players in the workplace transformation market are focusing on enabling technological modification in organizations for enhanced work environment and operational efficiency.

Key Topics Covered:

Chapter 1. Research Background

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Introduction

Chapter 5. Global Market Size And Forecast

Chapter 6. North America Market Size And Forecast

Chapter 7. Europe Market Size And Forecast

Chapter 8. APAC Market Size And Forecast

Chapter 9. Latin America

Chapter 10. MEA Market Size And Forecast

Chapter 11. Competitive Landscape

Chapter 12. Company Profiles

Accenture plc Tata Consultancy Services Limited Infosys Limited Citrix Systems Inc. HCL Technologies Limited Intel Corporation Cisco Systems Inc. IBM Corporation Cognizant Corporation Unisys Corporation.

For more information about this report visit https://www.researchandmarkets.com/research/hltgfc/workplace?w=4

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