Market Research Report
Global Virtual Workspaces Market By Component, By Deployment Type, By Technology, By End User, By Vertical, By Region, Competition, Forecast & Opportunities, 2025
|Published by||TechSci Research||Product code||938774|
|Published||Content info||112 Pages
Delivery time: Inquiry
|Global Virtual Workspaces Market By Component, By Deployment Type, By Technology, By End User, By Vertical, By Region, Competition, Forecast & Opportunities, 2025|
|Published: May 1, 2020||Content info: 112 Pages||
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 virtual workspaces market worldwide. Moreover, continuous improvements in cloud technology is further expected to bolster the market growth until 2025.
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 workspace 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:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the new services and presence of all major players across the globe.
TechSci Research calculated the market size of global virtual workspaces market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research 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 by TechSci Research.
Key Target Audience:
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 market opportunities.
In this report, global virtual workspaces market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Small & medium businesses
Telecom and IT
Travel and Hospitality
Middle East and Africa
Company Profiles: Detailed analysis of the major companies present in global virtual workspaces market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: