Top 10 Companies in Digital Workplace Market – Company Overview, Recent Developments and SWOT Analysis 2032
The Digital Workplace market is driven by Rising adoption of cloud-based services, BYOD (bring your own device) and wide variety of benefits. Cloud-based services helps in improving collaboration, shorter time, increase flexibility and lowers operational cost. BYOD (bring your own device) helps in providing huge number of benefits to students & organizations, reduce load for IT support, enables flexible working, access to up-to-date technology, enables collaborative learning, enables continuity of education, student familiarity with devices, etc. There is growing trend for BYOD all over the world due to increase in worker satisfaction with less security risks. Digital Workplace help in increasing collaboration & communications - by encouraging and to ease the communications laterally between employees & by vertically between employees and management. Digital Workplace help in increasing flexibility – as employees with flexible work schedule and flexible work environment are more satisfied with their work experience, can shift time to perform work when they are prepared, have better work life balance. Digital Workplace helps employees to get more work done in less time. Increase in revenue – by adopting digital workplace help in reducing cost and increase in productivity. Employee UX improvement – employees take advantage of social profiles, activity feeds, directories, & collaboration tools for communicating, collaborating, and creating a stronger bond between employees which creates family atmosphere for all workers. However, rising adoption of cloud-based services and wide variety of benefits of digital workplace has boost the demand for target market.
Digital Workplace Market is estimated to be US$ 265.8 billion by 2032 with a CAGR of 22.8% during the forecast period.
Here are the top 10 companies operating in Digital Workplace Market
Founded in: 1935
Headquarter: Tokyo Japan
Number of Employees: 126,400 (2021)
Annual Revenue in JPY: 3,586.84 billion (2022)
Fujitsu Ltd., is a Japanese Multinational Company. Fujitsu is a public company which offers information & communication technology equipment & services. Fujitsu offer products such as database, cloud computing, supercomputers, workstations, mainframe computers, microelectronics, softwrae & services, smartphones, telecommunications, scanners, car, audio, naviagtion & control systems, pointing devices, HVAC and others. Fujitsu workpalce empowers the organization for incraesing business value, maximizing productivity and delivering the consistent user interface at any time.
Key Highlights:
- In October 2022, Fujitsu has launched a new brand new LIFEBOOK with 12th Gen Intel Core processor product suite to meet the demands of growing flexible working in ANZ region. Newly launched notebooks will help in enabling the businesses for expanding their horizons by flexibility which is offered by product suite’s slim & lightweight form factor. LIFEBOOK is designed for empowering businesses and end-users to work from anywhere any time with optimum capacity.
Founded in: 1915
Headquarter: Tokyo Japan
Number of Employees: 18,107+ (2019)
Annual Revenue in JPY: 389.90 billion (2022)
Yokagawa Electric Corp. is Japanese company. Yokagawa is a multinational electric engineering & softwrae company. Yokagawa is a public company which offers hardware and software services, industrial automation, test and measurement, etc. Flow meters, pressure transmitters, analysers, recorders, controllers, data acquisition equipment are the main hardware products of Yokagawa.
Founded in: 1975
Headquarter: Washington, U.S.
Number of Employees: 221,000 (2022)
Annual Revenue in USD: 198.27 billion (2022)
Microsoft Corp is an American multinational company. Microsoft is a producer of consumer electronics, computer software, personal computers, and related services. Microsoft Corp. is a public company. Microsoft Corp. offer products such as computer hardware, software development, cloud computing, consumer electronics, internet, social networking services, corporate venture capital, video gaming, etc.
Key Highlights:
- In March 2022, Microsoft Corp. has announced the new research & technology for making hybrid work to work. Microsoft Corp has announced new features across Microsoft 365, Microsoft Teams, Microsoft Viva and Surface Hub for empowering hybrid work & addressing employees with new expectations for workplace.
Founded in: 1911
Headquarter: Armonk, New York, U.S.
Number of Employees: 282,100 (2021)
Annual Revenue in USD: 57.35 billion (2021)
IBM (International Business Machines Corporation) is an American multinational company. IBM is specialized in computer software, hardware, and middleware. IBM offer products such as artificial intelligence, cloud computing, robotics, quantum computing, block-chain, consulting services in areas from mainframe computers to nanotechnology. IBM has become the largest industrial research organization in the world.
Founded in: 1991
Headquarter: Newbury, Berkshire, England, UK
Number of Employees: 104,000 (2022)
Annual Revenue in EUR: 45.58 billion (2022)
Vodafone Group Plc., is a British multinational company. Vodafone is a public company. Vodafone provides, information technology and telecommunication services. Vodafone offers products such as digital television, mobile telephony, fixed telephony, internet television, IoT, IPTV, broadband services, etc.
Key Highlights:
- In June 2022, Vi Businesses has launched new platform to help MSMEs scale digitally. Newly launched ReadyforNext program will help MSMEs in their digital adoption by helping them digitally to secure business in new era of remote working.
Founded in: 1906
Headquarter: Charlotte, North Carolina, U.S.
Number of Employees: 99,000 (2021)
Annual Revenue in USD: 34.39 billion (2021)
Honeywell International Inc., is an American multinational company. Honeywell is a public company which operates in various business sector such as building technologies, aerospace, safety & productivity solutions, performance materials and technologies, etc. Honeywell offer products and solutions such as process technologies, specialty chemicals, safety & security technologies, electronic & advanced materials, microelectronics, military avionics, space systems, medical instruments, management and technical services, productivity, overhaul & maintenance services, and repairing services.
Founded in: 1981
Headquarter: Bangalore, India, America
Number of Employees: 335,186 (2022)
Annual Revenue in USD: 16.31 billion (2022)
Infosys Limited is an Indian multinational company. Infosys is an information technology company. Infosys provides, information technology & outsourcing services, software development, business consulting, maintenance & independent validation services for manufacturing, insurance, finance, and other domains, etc. Infosys has become the second largest Indian IT company. Infosys provides products and services such as, cloud, Infosys consulting, panaya cloud suite, Infosys Information Platform (IIP), Digital marketing, engineering services, Infosys Consulting, etc.
Key Highlights:
- In September 2022, Infosys has opened digital center in Canada which will add 1,000 jobs. Newly launched center will help Infosys to work closely with clients to develop cross industrial solutions in advanced digital technologies like cloud & big data, green technology, intelligent automation, user experience, etc. The center will accelerate their digital transformation by providing training, up-skilling & re-skilling Infosys and client employees in latest technologies.
Founded in: 1967
Headquarter: Paris, France
Number of Employees: 358,400 (2022)
Annual Revenue in EUR: 18.16 billion (2021)
Capgemini is an enterprise management & data-processing company. Capgemini offer products such as artificial intelligence in healthcare, banking & capital markets, automotive, aerospace & defence, hospitality & travel, energy & utilities, consumer products, etc. Capgemini has become a global leader in partnering with companies for transforming & managing their businesses by harnessing power of technology.
Key Highlights:
- In January 2022, Capgemini is recognized as a ‘Leader’ by NelsonHall in its NEAT evaluation for Advanced Digital Workplace Services for ‘Overall’ market segment. The report recognized a company for determining multiple strength which includes, accelerators, intellectual property (IP) in support of digital workplace by developing a Digital Operations Platform for infrastructure services, by offering digital transformation consulting skills, creating Employee Experience Index (EXI), and other.
Founded in: 1994
Headquarter: Teaneck, New Jersey, U.S.
Number of Employees: 341,000 (2022)
Annual Revenue in USD: 18,507 million (2021)
Cognizant is an American multinational company. Cognizant is a public company which offers information technology and consulting services. Cognizant helps in providing IT consulting & business process outsourcing services for industries such as healthcare, banking, media, manufacturing, and entertainment.
Key Highlights:
- In October 2019, Cognizant has recognized as Digital Workplace Services Leader in Industrial report. The company has been named as a Leader and a Star Performer in Everest Group Report: Digital Workplace Services PEAK Matrix Assessment 2019: Enterprises, It is Time to Humanize the Workplace Experience. Cognizant solution ‘WorkNEXT’ encompasses various range of automation, cloud, personalization & analytics technology which helps in enabling workforce to work securely & productively from anywhere at any time.
Founded in: 1968
Headquarter: Mumbai, Maharashtra, India
Number of Employees: 616,171 (2022)
Annual Revenue in INR: 1,917.54 billion (2022)
Tata Consultancy Services (TCS) is an Indian multinational company. TCS offers information technology and consulting services. TCS offers cognitive-powered, consulting-led, integrated portfolio of technology, business, and provides engineering services and solutions. The company has sophisticated suite of apps and delivery tools which accept small engagements.
Key Highlights:
TCS is recognized as a leader in Digital Workplace Services in Europe by Everest group. TCS flexible, scalable, modular, approach to workplace transformation by leveraging TCS Cognix focus on sustainability solution. TCS offers consulting-led services across leverage secure Borderless Workspaces and workplace services value chain.