Workspace as a Service Market Reaches $9.41 Billion by 2019 with Rising Demand – Reported by MarketsandMarkets
(PRWEB) April 14, 2015 -- MarketsandMarkets estimates the global Workspace as a Service Market to grow at a healthy CAGR of over 14.6% from 2014 to reach $9.41 Billion in 2019. It also identifies the growth drivers and revenue forecasts for the key industry players from around the world.
Browse 69 market data tables and 52 figures spread through 132 pages and in-depth TOC on Workspace as a Service Market
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MarketsandMarkets analyzes the global workspace as a service market on the basis of the type of solutions and services. It also divided the basic end-users and industrial verticals in the market. The report also provides analysis of the demand for the industry based on major geographic regions.
According to the report, the global WaaS market is expected to be driven by the rising rate of adoption and growth in the concept of BYOD across different organizational environments. Low costs of these services and solutions are also expected to create growth opportunities for the industry over the next few years. According to the report, small and medium organizations are also expected to drive the demand for these services around the world. Advancing technologies are also expected to attract investments from the leading players in this industry. Thus, companies across the globe are making huge investments in the WaaS solutions and services in the near future.
According to the report, consolidation of the service providers is expected to reflect on the overall growth of the workspace as a service market. Leading players in this market are expected to engage in strategic partnerships to create suitable solutions for the growing customer base.
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MarketsandMarkets projects the global Workspace as a Service Market to grow at a steady CAGR of over 14.6% from 2014 to reach $9.41 billion in 2019.
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