The global Workspace as a Service (WaaS) market is expected to grow from USD 8.44 billion in 2018 to USD 12.44 billion by 2026 at a CAGR of 13.42% during the forecast period from 2018-2026.
Global Workspace as a Service (WaaS) market is expected to reach USD 12.44 billion by 2026, at a CAGR of 13.42% from 2018 to 2026 Workspace as a Service is a type of Virtual Desktop Infrastructure (VDI), in which users can access business applications and corporate data from anywhere, anytime using any mobile devices. VDI hosts desktop operating systems on virtual machines that are residing on centralized server within the organization, while WaaS allows organizations to outsource the virtual desktops to third-party cloud service providers (CSPs). Due to the availability of devices such as smartphones, tablets, laptops, phablets, and many more, employees can access any business applications and data anytime, anywhere and from any device. The Workspace as a Service Market is expected to witness a great momentum due to the increasing Bring your own device (BYOD) adoptions.
Rising adoption of BYOD across various industries, scalability and quick availability, ease of deployment, and increasing demand for affordable virtual desktop virtualization are set to boost the growth of the global WaaS market during the forecasted period. WaaS solutions are finding an increasing level of adoption across industries such as banking, financial services and insurance (BFSI), travel and hospitality, healthcare, IT and telecommunication, manufacturing, retail, education, and a number of government sectors. Of these, BFSI is presently the dominant end-use industry.
- The base year for the study has been considered 2018, historic year 2015, 2016, and 2017, the forecast period considered is from 2019 to 2026
- The study delivers a comprehensive analysis of global Workspace as a Service (WaaS) market by solution, services, and region
- The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026
- Porter’s Five Forces model is used in order to recognize the competitive scenario in the global Workspace as a Service (WaaS) market. This report incorporates the industry analysis which is focused on providing an extensive view of the Workspace as a Service (WaaS) market
- The study also includes attractiveness analysis of solution, services, and region which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market
- The report provides company profile of the key players operating in the Workspace as a Service (WaaS) market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
- The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.