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According to the new research report, titled “Workplace Services Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Service Type (End-User Outsourcing Services and Tech Support Services), Organization Size (Small and Medium-sized Enterprises (SMEs) and Large Enterprises), and Vertical ( Media and Entertainment, BFSI, Consumer Goods and Retail, Manufacturing, Healthcare and Life Sciences, Education, Telecom – IT and ITES, Energy and Utilities, Government and Public Sector, and Others),” published by The Insight Partners, the market is expected to reach US$ 193.4 billion by 2027, registering a CAGR of 10.6% during 2020–2027.
Workplace Services Market in APAC to Grow at Highest CAGR
The region APAC comprises several developing economies, such as China, India, Australia, and other southeast countries, as well as developed economies, such as Japan. More than 30% of Japanese companies have a policy of flexible working, which would help in promoting workplace services among organizations. Moreover, the Philippines, Thailand, and Vietnam are expecting high demand for modern & digital workspace solutions due to rising concept of workspace revolution.
Digitalization is an utmost priority for Asia’s growing economies. For instance, Singapore has doubled its budget for research in digital innovation. The Philippines, India, and China are a few other Asian countries taking advantage of digital innovation. With increasing usage of digital technologies, the era of converting old & traditional workplaces into flexible & accessible workplaces would rise.
As semiconductor manufacturing is a country's main business activity, integration of workplace services to ensure a connected workforce is mandatory to enhance a worker’s productivity. Atos is offering Digital Employee Experience Platform for the manufacturing sector that would help in bringing efficiency among workers working in manufacturing units.
Key Findings of Study:
Enterprise mobility is one of the crucial services of the workplace service model as well as one of the significant drivers of the market, which connects end users and allows them to perform their duties effectively. With this service, a company can efficiently mobilize its employees knowing that access to internal IT services is scalable and secure. Companies in the market are highly inclined to offer enterprise mobility workplace services to all sizes of businesses to provide them with measurable business value. For instance, Bell Techlogix offers enterprise mobility managed workplace services to various industries and enterprises of all sizes. Through its services, the company helps organizations with targeted solutions for their mobile strategies. The company’s enterprise mobility managed workplace services handles the mobile lifecycle of the device, such as procurement, deployment, activation, and operational management, to recycling and depot services.
Enterprise mobility services allow the workforce to work securely while they are roaming, which increases their productivity, engagement, and collaboration across the organization. Thus, all of these advantages are propelling the demand for workplace services among all the verticals across the world.