Global Digital Workplace Market to Reach $74.5 Billion by 2030
The global market for Digital Workplace estimated at US$39.1 Billion in the year 2023, is expected to reach US$74.5 Billion by 2030, growing at a CAGR of 9.6% over the period 2023-2030. Digital Workplace Services, one of the segments analyzed in the report, is expected to record 9.5% CAGR and reach US$44.3 Billion by the end of the analysis period. Growth in the Digital Workplace Solutions segment is estimated at 9.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $10.2 Billion, While China is Forecast to Grow at 13% CAGR
The Digital Workplace market in the U.S. is estimated at US$10.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.3 Billion by the year 2030 trailing a CAGR of 13% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 7.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.
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