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Workspace as a Service Market by Solutions, Services - Global Forecast to 2019

Workspace as a Service Market: Global Forecast until 2019

  • March 2015
  • 134 pages
  • ID: 2842389
In this report:
THE TELECOM AND IT VERTICAL IN NA IS EXPECTED TO GROW FROM $##.## MILLION IN 2014 TO $##.## MILLION BY 2019, AT A CAGR OF ##.##% DURING THE FORECAST PERIOD 2014 - 2019.
THE TRAVEL AND HOSPITALITY VERTICAL IN NA IS EXPECTED TO GROW FROM $##.## MILLION IN 2014 TO $##.## MILLION BY 2019, AT A CAGR OF ##.##% DURING THE FORECAST PERIOD.

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Workspace services have developed its significance around the world as WaaS solutions and services affords crucial benefits to organizations such as flexible workspace which enhances user satisfaction, and centralized storage which reduces the chance of data loss and there by provides security. It also offers mobility and flexibility to quick changing business needs. The companies providing WaaS solutions and services are looking forward to make new technologies, market investments, and upgrade to better position themselves and capture the WaaS market. The industry is fairly distributed across all main verticals including BFSI, retail, education, manufacturing, government, healthcare, telecommunication and IT, utilities, travel and hospitality, and others. Globally, Workspace as a Service adoption is growing due to increasing BYOD demand in Asia-Pac, Europe (EU) and NA regions. The growing trends in the BYOD would surely catapult the demands for WaaS solutions in SMBs and companies.

The industry demand for cloud-based workspace solutions is growing quickly as many enterprises offer flexibility to their employees to work from anywhere, anytime, using their mobile devices. This sector incorporates solutions which are required to manage different business applications and corporate data on centralized remote datacentres. It is a highly competitive market with existing service providers with greater geographic reach together with niche actors. Moreover, untapped demand in the emerging sectors is the main reason for the actors coming up in the recent years. North America continent is anticipated to be the biggest market in terms of revenue contribution, while Asia Pacific (APAC) is anticipated to experience increased market traction, during the outlook period. The main players in the WaaS market included in this industry report are the Amazon, Citrix, Microsoft, Tech Mahindra, VMware, Colt, Econocom, Getronics, Independence IT, and Unisys.

The analysis offers an insight about the alternatives in the sector for the outlook. The increase in mobility would have a main impact on the industry and would provide greater opportunities with advanced vulnerability assessment solutions. The sector will see evolution of next generation cyber security solutions with the growing severity of cyber threats.

The market research also gives an insight about the market trends due to the number of SMBs which are quickly expanding throughout the world. These firms do not possess the capital to preserve full-fledged virtual workspace solutions. Thus the SMB segment relies over third-party providers for WaaS solutions to assure mobility for their staff. Such factors are propelling the demands for DaaS solutions catering the SMBs.

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