Global Workplace Transformation Market : Market Research By Knowledge Sourcing Intelligence


INTRODUCTION
Global Workplace Transformation market is projected to witness a CAGR of XX.XX% during the forecast period to reach a total market size of US$XX.XX billion in 2023, increasing from US$XX.XX billion in 2017. Rapidly evolving industries and increasing competition in the markets are some of the major factors driving the need for workplace transformation services. 
Owing to the persistent need to keep up with the dynamic market trends and meet the demand originating from expanding customer base while reducing operational costs, the adoption of new technologies is witnessing a steep growth and is expected to follow the trend over the projected period. Market Research is done by knowledge sourcing industry due to huge scope with respective industry.

global workplace transformation market industry trends
sample view of workplace transformation market share
Increasing Adoption of Transformational Analytics Practices
Continuous advancements in the Internet of Things (IoT) and Industrial Internet of Things (IIoT) elevate the need to evolve data analytics practices. Widespread adoption of IoT and IIoT brings with it the need to adopt effective analytical tools and techniques to analyze robust data streaming in from the use of these technologies and reap their complete potential. This is increasing the need for transformational analytics across all industry verticals. Businesses are evolving their analytics strategies to capitalize on the value of the data by achieving detailed and comprehensive insights from it about their assets, processes and products and achieve expected outcomes. These outcomes not only include better products and services development, but also encompass other benefits like predictive maintenance, and usage behavior and tracking among many others. This is driving the market for workplace transformation services.   
Global Workplace Transformation Market By Geography
Geographically, global workplace transformation market is segmented as North America, South America, Europe, Middle East and Africa (MEA), and Asia Pacific (APAC). North America accounted for the largest market share in 2016 owing to the state-of-the-art infrastructure in this region which favors workplace transformation. Europe held the second largest market share after North America owing to the presence of a large number of small and large scale enterprises and organizations in this region. Asia Pacific is expected to witness at the highest CAGR over the forecast period owing to the growing popularity of trends like Bring Your Own Device (BYOD) and various cloud-based technologies. Other regions like South America and Middle East and Africa are expected to show a comparatively slower growth over the projected period.
global workplace transformation market industry trends

                                   sample view of workplace transformation market share by geography

North America

North America Workplace Transformation market is estimated to expand from US$XX.XX billion in 2017 to US$XX.XX billion in 2023 at a CAGR of XX% during the forecast period. North America holds the largest share in the global workplace transformation market owing to the presence of favorable infrastructure required to implement various workplace transformation services. Continuous growth and evolution of industries in this region has led to increased demand for these services by various companies to improve their operational practices and provide better products and services to their customers. Government regulations regarding working environment in workplaces is another factor influencing the growth of workplace transformation market. For instance, Wage and Hour Division of the United States Department of Labor enforces various federal laws pertaining to work hours. These laws include laws regarding federal minimum wage, overtime pay, and record keeping among many others. This makes it necessary for the employers to adhere to these laws to meet their targets which are driving the demand for workplace transformation services to transform their business strategies accordingly to meet their goals. 

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Location: Knowledge Sourcing Intelligence LLP, Galbatross Technologies LLP, H-140, Sector 63 Rd, Noida, Uttar Pradesh 201301, India

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