Managed Workplace Services Market

Managed Workplace Services Market Outlook (2022 to 2032)

The Managed Workplace Services Market is anticipated to rise at USD 28.7 Billion in 2022, likely to reach USD 99.4 billion by 2032 with a CAGR of 12.0% during the forecast period from 2022 to 2032.

Report Attribute	Details
Managed Workplace Services Market Value (2022)	USD 28.7 Billion
Managed Workplace Services Market Anticipated Forecast Value (2032)	USD 99.4 Billion
Managed Workplace Services Market Projected Growth Rate (2022 to 2032)	12.0%

Demand for managed workplace services is rising as it provides a standardized environment that is smart, agile, and scalable to bridge the gap between business productivity and end-user expectations for integrated, customized and flexible services during the forecast period from 2022 to 2032.

It is achieved by instituting more flexible IT workstations and traditional workplace processes, and integrating them to support end-users are anticipated to increase the adoption of managed workplace services.

Managed workplace services provide an end-to-end approach to workflow processes through platforms such as desktop delivery, mobility, service desks, collaboration, and user support while reducing operational IT costs. This caters to the modern need for the digitally optimized workplace, which will likely increase the managed workplace services market growth.

The managed workplace services market size is likely to rise as it helps transform workplaces into customized, innovative and intelligent workplaces by striking a balance between existing IT infrastructure and digital IT, aiming to connect employees, data, and applications present at the workplace.

BSFI, Government, IT and Telecom, Healthcare and Life sciences, Manufacturing and Automotive, Transportation and Logistics, Retail, Media and Entertainment, and Others are estimated to enlarge the managed workplace services market share during the forecast period from 2022 to 2032.

The North American region dominates the managed workplace services market, with a share of 33.7% all around the globe. Moreover, it contributes to the lion’s share in future managed workplace services market trends.

All of these factors are boosting the managed workplace services market key trends & opportunities in the adoption of managed workplace services in the coming forecast period.

What are Some of the Factors leading the Managed Workplace Services Market?

The digital transformation in the workflow processes of enterprises is supposed to be one of the biggest drivers in the managed workplace service market trends during the forecast period.

Adopting managed workplace services aims for a workplace to evolve from a technology-centric approach to a workplace-centric one, another driver for this market.

Increased automation, user satisfaction and freedom due to mobile access, and enhanced productivity in an organization are also factors resulting in the growth of managed workplace services market size in the forthcoming year & generating huge sales of managed workplace services in the coming year.

However, factors such as complexity in finding a solution that integrates traditional and digital services and confidential data breaches at an incident are some challenges faced by managed workplace services market growth.

What is a North America Managed Workplace Services Market Outlook?

The North American region dominates the managed workplace services market, with a share of 33.7% all around the globe. Moreover, it contributes to the lion’s share in futuremanaged workplace services market trends.

How Europe is Contributing in the Managed Workplace Services Market Share?

Europe is growing significantly in the managed workplace service market with the share of 22.1% during the forecast period.

This is due to the rapid advancement of technology, the proliferation of cloud and mobility within enterprises, and the availability of a competent workforce, which has led to the need for a single point of connection.

How is Start-ups Performing in the Managed Workplace Services Market?

Key firms are joining the managed workplace services market as a result of shifting workplace culture. Market players believe that the managed workplace service offers more lucrative potential. Several examples include:

Employees can safely report harassment, bias, and cultural issues via the anonymous reporting and communication platform AllVoices, as well as give comments and ask questions of their company's management. Companies receive reporting that includes a communication channel and data insights that enable them to proactively enhance company culture.

In order to double productivity, participants work in high-intensity sprints at Flow Club, a virtual co-working space.

Who are Some of the Key Competitors in the Managed Workplace Services Market?

The end-user industries are the key contributors to the managed workplace services market growth. These industries are adopting various tactics to enlarge the market size all around the globe, which is anticipated to increase the production & rise in the sales of managed workplace services during the forecast period.

Some of the key competitors in managed workplace services market are

Intel Corporation (USA), Unisys Corporation (USA), Hewlett Packard Enterprise Development LP (HPE) (USA), IBM Corporation (USA), Cisco Systems, Inc. (USA), Accenture PLC (Ireland), FUJITSU(Japan), NTT Data Corporation (Japan), Atos (France), Capgemini (France), Cognizant Technology Solutions Corporation (USA), HCL Technologies Ltd. (India), Citrix Systems (USA), Computer Sciences Corporation (CSC) (USA), Wipro Ltd. (India), Tata Consultancy Services (India), Zensar Technologies Ltd (India) and Infosys (India).

Recent Developments in the Managed Workplace Services Market are

• In June 2021, IBM announced cybersecurity for the Government that helps in getting rid of cyber threats and frauds. IBM cybersecurity can manage around 17,500 security consumers worldwide by managing services & delivering software. IBM collaborated with the research labs, Government officials and hosted a workshop on cloud security and access to workplace services.
• In February 2021, Accenture launched its new business with the company VMware to help the organizations to move faster. The aim of both companies is to bring the advancement of cloud, hybrid cloud and deep the expertise of cloud migrations. They also focused on the security, cloud-native and modernization of applications around the industries.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 12.0% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2015 to 2020
Forecast Period	2022 to 2032
Quantitative Units	Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered	Service Type, End User, Enterprise Size, Region
Regions Covered	North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa
Key Countries Profiled	USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa
Key Companies Profiled	Intel Corporation (USD), Unisys Corporation (USD), Hewlett Packard Enterprise Development LP (HPE) (USD), IBM Corporation (USD), Cisco Systems, Inc. (USD), Accenture PLC (Ireland), FUJITSU(Japan), NTT Data Corporation (Japan), Atos (France), Capgemini (France), Cognizant Technology Solutions Corporation (USD), HCL Technologies Ltd. (India), Citrix Systems (USD), Computer Sciences Corporation (CSC) (USD), Wipro Ltd. (India), Tata Consultancy Services (India), Zensar Technologies Ltd (India) and Infosys (India).
Customization	Available Upon Request

Key Segments

By Service Type:

• Mobility Services
• Desktop Services
• Service Desks
• Collaboration Services
• Management Services
• Other Service Types

By Enterprise Size:

• SMEs
• Large Enterprise

By End User:

• BSFI
• Government
• IT and Telecom
• Healthcare and Life Sciences
• Manufacturing and Automotive
• Transportation and Logistics
• Retail
• Media and Entertainment
• Others

By Region:

• North America
• Latin America
• Asia Pacific
• Europe
• MEA

Frequently Asked Questions

What is the Growth Outlook for the Managed Workplace Services Market?

The managed workplace services market is likely to advance at a CAGR of 12.0% through 2032.

Which Region Holds a Major Managed Workplace Services Market Share?

North America region is set to hold a managed workplace services market share of 33.7% by 2032.

What is the Future of the Managed Workplace Services Market?

Managed workplace services market is expected to account for USD 99.4 billion by 2032.