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Global Workspace-as-a-Service (WaaS) Market to reach US$ 1.83 Bn by 2022, North America Projected to be Most Attractive Regional Market
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WaaS is used by enterprises to allow access to their employees to various business applications and other important data. It provides a virtual workplace to employees, similar to the actual workplace desktops with all the required functions. WaaS is designed for professionals who are working outside the office environment and need access to all the enterprise applications and necessary information.
In terms of revenue, North America is expected to be the largest regional market for WaaS during the forecast period. The U.S. is projected to be the most attractive regional market for WaaS during the forecast period. Traditional virtualization solutions are being replaced increasingly by advanced WaaS solutions. This is in addition to the high rate of adoption for desktop virtualization services, which is further driving the WaaS market.
The WaaS market in Europe is projected to expand significantly during the forecast period. EU7 countries are projected to form the most attractive regional market for WaaS during the forecast period. Data center operators in Europe are offering cloud-based WaaS solutions and services, increasing the rate of adoption for WaaS solutions.
Japan held the largest demand for WaaS solutions in 2014 in Asia Pacific. Increased spending on smart and advanced software deployments is driving the WaaS market in Asia Pacific. Also, this region is experiencing the largest number of small- and medium-sized startups around the world, driving the WaaS market further. The WaaS market in Latin America and Middle East & Africa (MEA) is anticipated to witness moderate growth in the near future. In recent years, MEA has invested heavily in information technology systems and services, which is anticipated to boost the WaaS market. Small and medium-sized enterprises operating in the manufacturing sector in Latin America are anticipated to drive the WaaS market.
Key players in the global WaaS market, include Amazon Web Services Inc., Citrix Systems Inc., VMware Inc., Microsoft Corporation, Independence IT Corporation, Getronics Global Services BV, Dell Inc., Unisys Corporation, Colt Group SA, and Econocom Group SA/NV.
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