The Asia-Pacific Digital workplace market is anticipated to grow at a considerable CAGR of 23.6% during the forecast period (2021-2027). The growth of Information sector (IT) is increasing in various emerging countries such as India due to factors such as rapid expansion of the software industry, strong growth in export demand and others. For instance, according to India Brand Equity Foundation In 2020, the IT industry accounted around 8% of India's GDP. Additionally, the Indian IT industry's exports are projected to increase by 1.9% in FY21. Further, as per Software Technology Park of India (STPI), software exports 7% year on year to Rs. 5 lakh crore (US$ 67.40 billion) in FY21 from Rs. 4.66 lakh crore (US$ 62.82 billion) in FY20. The factors owing to this major growth includes rapid digitization and IT industry's timely transformation to remote working that helped to maintain the industry's growth during COVID-19 pandemic.
Browse the full report description Asia-Pacific Digital Workplace Market Size, Share & Trends Analysis Report 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) Forecast Period 2021-2027 at https://www.omrglobal.com/industry-reports/asia-pacific-digital-workplace-market
Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in October 2020, Tata Consultancy Services launched a TCS Workforce Analytics, which is an AI-based unified system of engagement, insights, and foresight for managers and employees to improve productivity and workplace experience. TCS's research-driven solution boosts productivity and workforce well-being, by expanding learning opportunities. Additionally, the solution enables organisations to assist diversity and inclusion, along with contextual engagement, and HR compliance programs. Therefore, TCS Workforce Analytics Solution will reduce the programme implementation risks considerably accelerate speed to value for customers transforming their data landscapes.
Market Coverage
o By Deployment
o By Organization Size
o By Vertical
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Asia-Pacific Digital Workplace Market Report Segment
By Deployment
By Organization Size
By Vertical
Asia-Pacific Digital Workplace Market Report Segment by Region
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