WORKSPACE AS A SERVICE MARKET ANALYSIS

Market Challenges And Opportunities

Increasing trend of Bring Your Own Devices (BYOD) is of the major factor fueling growth of the market. Advantages such as employee satisfaction and retention, increased productivity and innovation, and cost saving have accelerated the demand for BYOD trend in various organizations. Furthermore, cost saving is the major factor fueling trend of BYOD in various organization, as employees utilize their own device and data, which reduced the organization IT maintenance and purchasing expenses. Hence, increasing trend of BYOD in turn is fueling growth of workspace as a service market.