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The Global Virtual Workspaces Market is projected to grow at a CAGR of close to 15% during the forecast period. The key factor responsible for driving the market growth is the growing application of connected devices in virtual workspaces. Additionally, accessibility of corporate data from any part of the world is further estimated to boost the growth of the virtual workspaces market worldwide. Moreover, continuous improvements in cloud technology is further expected to bolster the market growth until 2025.Speak directly to the analyst to clarify any post sales queries you may have.
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The Global Virtual Workspaces Market is segmented based on component, deployment type, technology, end-user, vertical, region and company. Based on component, the market can be segmented into solutions and services. Among both, the solutions segment dominated the Global Virtual Workspaces Market until 2019 and is further projected to grow at a high pace during the forecast period as well. This is because virtual workspace solutions help the organizations by providing various advantages such as reduced cost of ownership, increased flexibility and efficiency and simpler management. The solutions segment is further fragmented into VDI and applications, desktop as a service, hosted applications, security solutions and others. Out of which, the VDI and applications segment is further anticipated to be the fastest-growing segment of the virtual workspaces market during the forecast period as well. This growth can be accredited to cost reduction, requires smaller amount of bandwidth, more security to the data, among others.
Major players operating in the Global Virtual Workspaces Market include Asana Inc., Atlassian Corporation Pty. Ltd., Bluescope Software, Facebook, Microsoft, KAP IT, Miro, Nureva Inc., Prysm Inc., Slack Technologies, Inc., Sococo, Tactivos Inc., Timecamp S.A., Walkabout Collaborative LLC, Zoho Corporation Pvt. Ltd, etc. The companies operating in virtual workspaces market across the globe are focussing more towards the expanding their share in the market.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
Objective of the Study:
- To analyse and forecast the market size of the Global Virtual Workspaces Market.
- To classify and forecast the Global Virtual Workspaces Market based on component, deployment type, technology, end-user, vertical, company and regional distribution.
- To identify drivers and challenges for the Global Virtual Workspaces Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Virtual Workspaces Market.
- To conduct pricing analysis for the Global Virtual Workspaces Market.
- To identify and analyse the profile of leading players operating in the Global Virtual Workspaces Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of service providers across the globe. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers could include the companies which could not be identified due to the limitations of secondary research. The author analyzed the new services and presence of all major players across the globe.
The author calculated the market size of the Global Virtual Workspaces Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The author sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Virtual workspaces service providers, vendors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to virtual workspaces
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Virtual Workspaces Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Component:
- Solutions
- VDI and Applications
- Desktop as a Service
- Hosted Applications
- Security Solutions
- Others
- Service
- System Integration
- Consulting services
- Managed services
Market, By Deployment Type:
- Public
- Private
- Hybrid
Market, By Technology:
- Telecommuting
- Hot Desking
- Virtual Team
- Others
Market, By User Type:
- Enterprises
- Small & medium businesses
Market, By Vertical:
- BFSI
- Retail
- Government
- Healthcare
- Manufacturing
- Telecom and IT
- Utilities
- Travel and Hospitality
- Education
- Others
Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Virtual Workspaces Market.
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
Table of Contents
1. Product Overview2. Research Methodology3. Executive Summary4. Voice of Customer12. Market Trends & Developments14. Strategic Recommendations15. About the author & Disclaimer
5. Global Virtual Workspaces Market Outlook
6. Asia-Pacific Virtual Workspaces Market Outlook
7. Europe Virtual Workspaces Market Outlook
8. North America Virtual Workspaces Market Outlook
9. South America Virtual Workspaces Market Outlook
10. Middle East and Africa Virtual Workspaces Market Outlook
11. Market Dynamics
13. Competitive Landscape
Companies Mentioned
A selection of companies mentioned in this report includes:
- Asana Inc.
- Atlassian Corporation Pty. Ltd.
- Bluescope Software
- Microsoft
- KAP IT
- Miro
- Nureva Inc.
- Prysm Inc.
- Slack Technologies, Inc.
- Sococo
- Tactivos Inc.
- Timecamp S.A.
- Walkabout Collaborative LLC
- Zoho Corporation Pvt. Ltd.