The latest research study “Hybrid Workplace Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global hybrid workplace market size is expected to exhibit a CAGR of 18.90% during 2022-2027.
Hybrid workplace models represent flexible work prototypes that support a blend of in-office, remote, and on-the-go workers. They offer employees the autonomy to choose to work wherever and however they find themselves most productive. Hybrid workplace solutions provide a more healthy, competent, and stable workforce. They aid in enhancing work-life balance, improving job satisfaction, and creating a diverse and equitable working staff that stimulates innovation and growth. Hybrid workplace strategies even effectively address the challenges of remote work, which include isolation and lack of community. Consequently, they find extensive applications across numerous sectors, such as banking, information technology (IT), telecommunication, pharmaceuticals, government, media and entertainment, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Hybrid Workplace Market Trends and Drivers:
The escalating consumer focus on adequate work-life balance and personal well-being is primarily driving the hybrid workplace market. In line with this, the elevating adoption of this workplace solution in small and large-scale enterprises, on account of various associated benefits, including a positive impact on employee’s physical, mental, and emotional health, which translates into improved organizational performance, is also positively influencing the market growth. Furthermore, the increasing need for flexible work schedules with solutions customized to the requirements of teams and even individuals is acting as another significant growth-inducing factor. Besides this, the rising usage of this workplace model to access the most-suited workforce regardless of location, is further augmenting the market growth. Additionally, the shifting preferences among businesses on reducing infrastructural costs and the introduction of modern HR technologies, strengthened security infrastructure, cloud-based services, and enhanced collaboration tools designed to simplify the transition to remote work are expected to propel the hybrid workplace market in the coming years.
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Hybrid Workplace Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
The report has segmented the market on the basis of component, organization size and industry vertical.
Breakup by Component:
Breakup by Organization Size:
- Small and Medium-sized Enterprises
- Large Enterprises
Breakup by Industry Vertical:
- IT and Telecommunication
- Public Sector
- Media and Entertainment
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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