Workspace as A Service Market Is Driven By Increasing Moving Away From Traditional Office Setups And Looking For Solutions | Revel Systems , Cake , Squirrel Systems

Workspace as a Service (WaaS) is a cloud-based solution that provides a virtualized workspace environment to employees. It is an alternative to traditional on-premise desktop infrastructure and provides a secure, managed and cost-effective way for organizations to deliver applications, desktops, and data to remote users.

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Key Trends

As the technology continues to evolve, the following key trends are emerging in the WaaS space.

  • Automation: Automation is becoming increasingly important as organizations look to streamline and optimize their workspace management processes. Automated WaaS solutions allow companies to reduce the amount of manual labor required to maintain their IT infrastructure and applications. This can help to reduce costs and improve efficiency.
  • Cloud-Based Solutions: Cloud-based WaaS solutions are becoming increasingly popular as organizations look to take advantage of the scalability, cost savings, and reliability offered by cloud computing. Cloud-based solutions can also help to reduce the complexity of managing IT infrastructure and applications.
  • Security: Security is a major concern for organizations, and WaaS solutions can help to reduce the risk of data breaches and other security issues. WaaS solutions can provide enhanced security by utilizing encryption, authentication, and other security measures.

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Key Drivers

The key drivers of WaaS market are the increasing demand for remote working and the need for improved security. With the rise of remote work, businesses are increasingly moving away from traditional office setups and looking for solutions that allow their employees to work from anywhere. WaaS provides a secure and efficient way for businesses to access their applications, data, and resources from any device. Additionally, WaaS is cost-effective as it eliminates the need for businesses to invest in expensive hardware and software, and reduces the need for IT staff to maintain the infrastructure.

Furthermore, WaaS offers improved security as the cloud platform is managed and maintained by a third-party provider. This reduces the risk of data breaches and provides users with an extra layer of protection. Additionally, WaaS offers seamless scalability, meaning businesses can easily increase or decrease their resources as needed. This is beneficial as it allows businesses to focus on their core operations and not have to worry about managing their IT infrastructure.

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Market Segmentation

The market can be segmented by Deployment, Solution & Service, Enterprise, End-user Vertical, and region. By Deployment, the market can be divided into Public, Private, and Hybrid. By Solution and service, the market can be divided into DaaS and AaaS. By Enterprise, the market can be divided into Small and Medium Enterprises and Large Enterprises. By End-user Vertical, the market can be divided into Education, Retail, Healthcare, Government, BFSI, and other End users. By region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The market includes players such as Amazon Web Services, Inc. (US), Citrix Systems Inc. (US), Microsoft Corporation (US), Tech Mahindra Limited (IN), VMware Inc. (US), Econocom Group SE (BE), Unisys Corporation (US), Dell Inc. (US), Colt Technology Services Group Limited (UK)

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