Workspace-as-a-service Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
The workspace as a service is a type of desktop
virtualization, which provides remote access service to the end users
for various application and data form any device. Increasing trend of
Bring Your Own Devices (BYOD) is of the major factor fueling growth
of the market. Advantages such as employee satisfaction and
retention, increased productivity and innovation, and cost saving
have accelerated the demand for BYOD trend in various organizations.
Furthermore, cost saving is the major factor fueling trend of BYOD in
various organization, as employees utilize their own device and data,
which reduced the organization IT maintenance and purchasing
expenses. Hence, increasing trend of BYOD in turn is fueling growth
of workspace as a service market.
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Workspace as a Service Market Taxonomy
On the basis of component, the workspace as a
service market is segmented into:
-
Solution
-
Services
On the basis of organization size, the workspace
as a service market is segmented into:
-
Small and Mid-size Organization
-
Large Organization
On the basis of deployment model, the workspace as
a service market is segmented into:
-
Public
-
Private
-
Hybrid
The public deployment model segment held the
dominant position in the market in 2017 and is projected to retain
its dominance throughout the forecast period. The shifting of
workload in public cloud is major factor driving growth of the
segment. For instance, according to Coherent Market Insights, around
68% of cloud workload is estimated to be shifted towards public cloud
by 2020.
On the basis of verticals, the workspace as a
service market is segmented into:
-
BFSI
-
Retail
-
Government
-
Healthcare
-
Manufacturing
-
Telecom and It
-
Utilities
-
Travel and Hospitality
-
Education
-
Others
North America workspace as a service
market is projected to held dominant position in 2017
On the basis of geography, the global workspace as
a service market is segmented into North America, Europe, Asia
Pacific, Latin America, Middle East, and Africa. North America held
the dominant position in the market in 2017 and is projected to
retain its dominance throughout the forecast period. The US and
Canada are major economies driving growth of the market in this
region, owing to availability of advance IT & telecom
infrastructure and growing trend for adoption of advance workspace
virtualization solutions.
Furthermore, market in Asia Pacific region is
projected to witness highest CAGR over the forecast period. India,
China, and Japan are some of the major economies driving growth of
the market in this region, owing to increasing number of SMEs or
startups, which have accelerated the market growth. For instance,
according to Indian government Economic Survey, 2016, the country had
over 19,000 technology-enabled startups in the same year.
Key Companies - Global Workspace as a
service Market
Major companies operating in the global workspace
as a service market include Amazon Web Services, Inc., Citrix
Systems, Inc., Microsoft Corporation, Tech Mahindra, Vmware, Inc.,
Colt Technology Services, Econocomy Group, Getronics, Independence It
Corporation, and Unisys
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