The North American Digital workplace market is anticipated to grow at a considerable CAGR of 20.1% during the forecast period (2021-2027). The growing of technologies and software’s for transformation into modern workplaces in North America such as advancement in cloud computing, big data, and machine learning. For instance, According to American Bar Association, its 2019 survey reports cloud adoption increased to 58% in 2019 from 55% in 2018. The small firms led the way in the adoption of cloud services accounting for about 60% of users. Further, in the survey conducted as per the Harvard Business Publishing, 92% of survey respondents said the pace of their big data and AI investments has been increasing and 88% has reported a greater urgency to invest in big data and artificial intelligence (AI). Furthermore, 55% of businesses reported that their investments in big data and AI $50 million in 2019, up from 40% in 2018.
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Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in July 2020, Cognizant announced the acquisition of New Signature, one of the largest independent Microsoft public cloud transformation specialists. This acquisition will be broadening Cognizant’s hyper-scale cloud advisory services and lay down the groundwork for Cognizant focus on Microsoft cloud solutions. In addition, by joining Cognizant, New Signature will be having access to Cognizant’s industry expertise and will be able to provide high-quality cloud solutions for the intelligent workplace.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Deployment
- By Organization Size
- By Verticals
Regions Covered
- North America
- Competitive Landscape- Accenture PLC, IBM Corp, Cognizant Technology Solutions Corp., Hewlett Packard Enterprise Co, and Wipro Ltd.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
North America Digital Workplace Market Report Segment
By Deployment
- On-Premises
- Cloud
By Organization Size
- Small And Medium-Sized Enterprises
- Large Enterprises
By Vertical
- Telecommunication And It-Enabled Services
- Banking, Financial Services, And Insurance
- Healthcare And Pharmaceuticals
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
