Dublin, Sept. 30, 2022 (GLOBE NEWSWIRE) — The “Global Remote Work Services Market by Component (Solutions & Services), Deployment Mode (On-Premise and Cloud), Organization Size, Vertical, and Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) – Forecast to 2027″ report has been added to from ResearchAndMarkets.com offer.
The global remote work services market size will grow from USD 20.1 Billion in 2022 to USD 58.5 Billion by 2027, at a compound annual growth rate (CAGR) of 23.8% during the forecast period.
The digital transformation of work processes and systems driving remote work services is the need to increase employee engagement to reduce attrition and maintain a competitive workforce. The main goals of remote work services usually focus on improving productivity, communication, and engagement.
Based on organization size, SME segment is expected to grow at the highest CAGR during the forecast period
SMBs are expected to grow at a highest CAGR of 25.1% over the forecast period, while the large enterprise sector is expected to hold a larger market share based on organization size. Therefore, the adoption of remote work services is comparatively higher in large organizations than in SMBs. There are many reasons for the higher adoption of remote work services by large companies, including the fact that they are more financially secure and can invest in advanced technologies more easily than SMEs.
Based on regions, Asia-Pacific (APAC) is expected to grow at the highest CAGR during the forecast period
By region, Asia-Pacific is estimated to hold the highest compound annual growth rate (CAGR) of 26.3% in the remote work services market. Major economies in the Asia-Pacific region, such as China, India, Japan, Australia, and New Zealand, as well as the rest of Asia-Pacific, exhibit a rapid rate of labor services from a distance. Zensar, Wipro, Infosys, TCS and HCL Technologies.
In this region, remote work services are expected to grow rapidly in the forecast year owing to the increasing adoption of cloud technologies and growing IT demands for digital transformation. Global companies are keen to establish a presence here due to the region’s huge customer potential. For these reasons, businesses would benefit from adopting remote working services, as they would be able to provide better customer service, unite their workforce, increase operational efficiency, ‘improve automation and reduce operational expenses.
According to component, services are expected to grow at the highest CAGR over the forecast period
Based on components, services are estimated to hold the highest compound annual growth rate (CAGR) of 25.1% in the remote work services market. Remote work services are further classified into professional services and managed services. To ensure visibility and security across all business functions, professional services support businesses across many industries with guidance, integration, and assistance to effectively address threats.
Managed services can help businesses support remote working in four ways: cloud support and services, collaboration solutions, redundant IT support, and security. Professional services can create plans to keep remote workers engaged, define procedures that enable technology-enabled learning and remote employee self-service, and establish policies for remote work that include an explicit timeline and designated demographics.
Main topics covered:
1. Introduction
2 Research methodology
3 Executive summary
4 premium previews
4.1 Attractive Growth Opportunities in the Remote Workplace Services Market
4.2 Market, by component
4.3 Market, by Deployment Type
4.4 Market, by Organization Size
4.5 Market, by vertical
4.6 Market Investment Scenario
5 Market Overview and Industry Trends
5.1 Presentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Central platform to access all applications
5.2.1.2 Improved employee engagement and initiatives
5.2.1.3 High productivity and diverse geographic collaboration
5.2.2 Constraints
5.2.2.1 Security implications of remote working
5.2.3 Opportunities
5.2.3.1 Digitization in all organizations through digital and remote working solutions
5.2.3.2 Cost Reduction and Productivity Improvement in Remote Services
5.2.4 Challenges
5.2.4.1 Internet connectivity issues and security risks involved
5.2.4.2 Low willingness to adopt advanced solutions
5.3 COVID-19 Impact Analysis on the Remote Workplace Services Market
5.4 Analysis of case studies
5.4.1 Thoughtworks created impact by connecting its global workforce
5.4.2 Superdrug used Mangoapps to streamline collaboration and centralize information
5.4.3 Depaul UK adopted Accenture’s solution to eliminate workplace inefficiencies
5.5 Ecosystem
5.6 Supply Chain Analysis
5.7 Price Analysis
5.8 Patent Analysis
5.9 Technological analysis
5.10 Regulatory landscape
5.11 Key Conferences and Events
5.12 Porter’s Five Forces Analysis
5.13 Key Players and Purchase Criteria
5.13.1 Main players in the purchasing process
5.13.2 Purchase Criteria
5.14 Trends/disruptions affecting buyers
6 Remote Workplace Services Market, By Component
6.1 Presentation
Dimension 6.1.1: Market Drivers
6.1.2 Component: Impact of COVID-19
6.2 Remedy
6.2.1 Unified communication and collaboration
6.2.2 Unified Endpoint Management
6.2.3 Mobility and business management
6.3 Services
6.3.1 Managed Services
6.3.2 Professional Services
6.3.2.1 Training, support and maintenance
6.3.2.2 Consulting services
6.3.2.3 Integration and Implementation Services
7 Remote Workplace Services Market, By Deployment Type
7.1 Presentation
7.1.1 Deployment Type: Market Drivers
7.1.2 Type of deployment: Impact of COVID-19
7.2 On-site
7.3 Cloud
8 Remote Workplace Services Market, By Organization Size
8.1 Presentation
8.1.1 Organization Size: Market Drivers
8.1.2 Size of organization: impact of COVID-19
8.2 Small and medium enterprises
8.3 Large companies
9 Remote Workplace Services Market, By Vertical
9.1 Presentation
9.1.1 Vertical: market drivers
9.1.2 Vertical: Impact of COVID-19
9.2 Banking, financial services and insurance
9.3 Telecommunications
9.4 Retail and consumer goods
9.5 This and That
9.6 Health and Life Sciences
9.7 Manufacturing
9.8 Media and entertainment
9.9 Government and public sector
9.10 Other vertical markets
10 Remote Workplace Services Market, by Region
11 Competitive landscape
11.1 Presentation
11.2 Key Player Strategies/Right to Win
11.3 Historical Revenue Analysis of Major Vendors
11.4 Key Business Valuation Quadrant
11.4.1 Stars
11.4.2 Emerging Leaders
11.4.3 Ubiquitous Players
11.4.4 Participants
11.4.5 Key Players Competitive Benchmarking
11.5 Startup/SME Assessment Quadrant
11.5.1 Responsive Suppliers
11.5.2 Progressive Providers
11.5.3 Dynamic Providers
11.5.4 Starting Blocks
11.5.5 Startup/SME Competitive Benchmarking
11.6 Competitive Scenario
12 company profiles
12.1 Presentation
12.2 Key Players
12.2.1 Wipro
12.2.2 HCL Technologies
12.2.3 CT
12.2.4 Atos
12.2.5 Accenture
12.2.6 IBM
12.2.7 Ntt Data
12.2.8 Hewlett Packard Enterprise
12.2.9 VMware
12.2.10 Unisys
12.3 Other Players
12.3.1 Zensar
12.3.2 Dxc Technology
12.3.3 Fujitsu
12.3.4 Microsoft
12.3.5Google
12.3.6 Aware
12.3.7 Infosys
12.3.8 Cape Gemini
12.3.9 Citrix
12.4 Startup/SME Actors
12.4.1 Kissflow
12.4.2 Mangoapps
12.4.3 Axero Solutions
12.4.4 Lumapps
12.4.5 Hustle
12.4.6 Workvivo
12.4.7 Cloudy
12.4.8 Yoobic
12.4.9 Powell Software
12.4.10 Din Cloud
13 Adjacent/linked markets
14 Appendix
For more information on this report, visit https://www.researchandmarkets.com/r/ot257k
