Digital Workplace Market Outlook (2022-2032)

Digital workplace demand was valued at US$ 27.33 Billion in FY 2021, reaching US$ 33.41 Billion in 2022. During the forecast period ranging from 2022 to 2032, the market is poised to incline at a staggering 22.3% value CAGR, concluding at a valuation of US$ 250.2 Billion.

The Digital Workplace solutions deliver cost-effective support for technical queries and prevent downtime caused by implementing digital workplace solutions. Further, these solutions help organizations maintain a competitive edge in the market by providing several benefits, such as stable operating environments and reducing governance and compliance risks.

These factors are expected to accelerate the adoption of digital workplaces during the forecast period. The market for digital workplace has majorly increased, documenting a historical CAGR of 12.5% from 2017 to 2021.
Source: Fact.Mr