Growing demand for remote working capabilities from employees to achieve work-life balance are the main factors driving the digital workplace market
PORTLAND, OR, UNITED STATES, October 12, 2021 /EINPresswire.com/ — The need to create a workplace, which helps attract, retain, engage, and motivate employees, advanced digital workplace policies, and easily accessible data to increase efficiency and profitability of a business drive the growth of the digital workplace market. In addition, easy-to-use digital workplace solutions both from inside and outside the office premises will also improve staff satisfaction and increase their productivity along with enhancing the efficiency of business operations.
However, lack of knowledge about new technology and high investments on training are the factors that hamper the market growth. Furthermore, digital workplace solutions give a competitive advantage in the industry through increased productivity, cost savings, increased flexibility, and adaptability in the marketplace providing lucrative opportunities to the growth of the digital workplace market.
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Major players include: HCL Technologies Ltd., Capgemini SE, Tata Consultancy Services Limited, Fujitsu Ltd., Cognizant Technology Solutions Corp., Atos SE, International Business Machines Corporation, Wipro Limited, Infosys Ltd., DXC Technology Co.
Impact of COVID-19 on Digital Workplace Market-
• The COVID-19 has affected global economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. However, adoption of digital workplace by the industries positively impacted the growth of the market.
• The adoption of IoT devices helped the businesses to adapt digital workplace for their employees. However, the latest IoT devices need to be an essential part of the conversation when planning for infrastructure of the digital workplace. The network used should be smart enough to categorize, understand, and react to the behavior of IoT devices automatically.
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