South America Workplace Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Service Type (End-User Outsourcing Services and Tech Support Services), Organization Size (Small and Medium-sized Enterprises (SMEs) and Large Enterprises), and Vertical (Media and Entertainment, BFSI, Consumer Goods and Retail, Manufacturing, Healthcare and Life Sciences, Education, Telecom- IT and ITES, Energy and Utilities, Government and Public Sector, and Others)
Market Introduction
The workplace services market in SAM is further segmented into Brazil and Argentina. Despite many economic challenges, favorable government initiatives would help the region’s economies to grow at a reasonable pace during the forecast period. The region has the highest urbanization rate globally owing to government initiatives to support industrial growth. Moreover, the governments of other emerging economies in the region are taking several initiatives to support growth of the technological sector. For instance, Argentina is concentrating on attracting FDI by taking several initiatives, such as easing import restrictions, signing international bilateral agreements, and allowing foreign investments without any restrictions. Such initiatives are expected to help in the development of businesses in South America. Also, rising significance of enterprise mobility is the major factor driving the growth of the SAM workplace services market.
The presence of various developing countries in SAM makes this region one of the key markets for the future growth of the workplace services market. The growing population, rising disposable income, high demand for advanced technologies, and huge focus on digital transformation are some of the key factors expected to drive the growth of the workplace services market in SAM. The high number of confirmed cases and deaths due to COVID-19 in major SAM countries such as Brazil, Peru, Chile, Ecuador, and Argentina have affected the region in 2020. Subsequent to the coronavirus epidemic, IT and software businesses have received a lift in several countries of SAM since digital acceleration, and the need for remote work has accelerated the market growth even in the pandemic. Thus, the workplace services market is not majorly affected during the pandemic.
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Market Overview and Dynamics
The workplace services market in SAM, is expected to reach US$ 7680.59 million by 2028 from US$ 3365.00 million in 2021. The market is estimated to grow at a CAGR of 12.5% from 2021 to 2028. In developing countries, SMEs hold a dominant share of the private sector and account for ~50% of jobs in their respective countries. Besides their positive employment effects, the growth and vibrancy of these firms are also crucial for wider economic growth, diversification of economic base, and as a source of innovation that is exhibited by some of the start-ups.. Increasing number of SMEs in the region is anticipated to promote the procurement of workplace services to allow them to achieve business goals. With the implementation of digitalization and increase in incorporation of advanced solutions with social media, big data, and mobile devices, SMEs are increasingly opting for digital workplace services to optimize their business process model and surge their revenue. SMEs are making substantial investments in strategic marketing techniques to maintain their positions in highly competitive markets. They are rapidly adopting digital workplace services by leveraging other advanced technologies, such as mobile platforms and radio-frequency identification. Thus, with the swift growth of SMEs in developing countries, the demand for workplace services is anticipated to surge during the forecast period.
Key Market Segments
The SAM workplace services market is categorized into service type, organization size, vertical, and country. Based on services type, the market is segmented into end-user outsourcing services and tech support services core. In 2020, the end-user outsourcing services segment held the largest share SAM workplace market. Based on organization type, the workplace services market is divided into small and medium-sized enterprises (SMEs) and large enterprises. SMEs segment is expected to the fastest growing segment over the forecast period. On the basis of vertical, the market is segmented into media and entertainment, BFSI, consumer goods and retail, manufacturing, healthcare and life sciences, education, telecom- IT and ITES, energy and utilities, government and public sector, and others. The Telecom-IT and ITES segment accounts for largest market share in the 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the workplace services market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Accenture, Atos SE, Cognizant, Fujitsu Limited, HCL Technologies, IBM Corporation, NTT DATA Corporation, Tata Consultancy Services Limited, Unisys Corporation, and Wipro Limited among others.
Reasons to buy report
- To understand the SAM workplace services market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM workplace services market
- Efficiently plan M&A and partnership deals in SAM workplace services market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM workplace services market
- Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.
SAM WORKPLACE SERVICES MARKET SEGMENTATION
SAM Workplace Services Market -By Service Type
- End-User Outsourcing Services
- Tech Support Services
SAM Workplace Services Market -By Organization Size
- SMEs
- Large Enterprises
SAM Workplace Services Market -By Industrial Vertical
- Telecom-IT and ITES
- BFSI
- Manufacturing
- Consumer Goods and Retail
- Healthcare and Life Science
- Government and Public Sector
- Energy and Utilities
- Media and Entertainment
- Education
- Others
SAM Workplace Services Market -By Country
- Brazil
- Argentina
- Rest of SAM
SAM Workplace Services Market -Company Profiles
- Accenture
- Atos SE
- Cognizant
- Fujitsu Limited
- HCL Technologies
- IBM Corporation
- NTT DATA Corporation
- Tata Consultancy Services Limited
- Unisys Corporation
- Wipro Limited
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Workplace Services Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Workplace Services–Market Dynamics
5.1 Market Drivers
5.1.1 Rising Significance of Enterprise Mobility
5.1.2 Increasing Load of Compliance Services
5.2 Market Restraints
5.2.1 Escalating Security Concerns
5.3 Market Opportunities
5.3.1 Rise in Adoption of Workplace Services Among SMEs in Developing Countries
5.4 Market Trend
5.4.1 Unification of Artificial Intelligence (AI) to Revolutionize Workplace Services Business
5.5 Impact Analysis of Drivers and Restraints
6. Workplace Services Market – SAM Analysis
6.1 SAM Workplace Services Market Overview
6.2 Workplace Services Market – Revenue and Forecast To 2028 (US$ Million)
7. SAM Workplace Services Market Analysis – By Service Type
7.1 Overview
7.2 SAM Workplace Services Market Breakdown, by Service Type, 2020 & 2028
7.3 End-User Outsourcing Services
7.3.1 Overview
7.3.2 SAM End-User Outsourcing Services Market Revenue and Forecast To 2028 (US$ Million)
7.4 Tech Support Services
7.4.1 Overview
7.4.2 SAM Tech Support Services Market Revenue and Forecast To 2028 (US$ Million)
8. SAM Workplace Services Market Analysis – By Organization Size
8.1 Overview
8.2 SAM Workplace Services Market Breakdown, by Organization Size, 2020 & 2028
8.3 Small and Medium Enterprises
8.3.1 Overview
8.3.2 SAM Small and Medium Enterprises Market Revenue and Forecast To 2028 (US$ Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 SAM Large Enterprises Market Revenue and Forecast To 2028 (US$ Million)
9. SAM Workplace Services Market Analysis – By Vertical
9.1 Overview
9.2 SAM Workplace Services Market Breakdown, by Vertical, 2020 & 2028
9.3 Media and Entertainment
9.3.1 Overview
9.3.2 Media and Entertainment Market Revenue and Forecast To 2028 (US$ Million)
9.4 BFSI
9.4.1 Overview
9.4.2 BFSI Market Revenue and Forecast To 2028 (US$ Million)
9.5 Consumer Goods and Retail
9.5.1 Overview
9.5.2 Consumer Goods and Retail Market Revenue and Forecast To 2028 (US$ Million)
9.6 Manufacturing
9.6.1 Overview
9.6.2 Manufacturing Market Revenue and Forecast To 2028 (US$ Million)
9.7 Healthcare and Life Sciences
9.7.1 Overview
9.7.2 Healthcare and Life Sciences Market Revenue and Forecast To 2028 (US$ Million)
9.8 Education
9.8.1 Overview
9.8.2 Education Market Revenue and Forecast To 2028 (US$ Million)
9.9 Telecom- IT and ITES
9.9.1 Overview
9.9.2 Telecom- IT and ITES Market Revenue and Forecast To 2028 (US$ Million)
9.10 Energy and Utilities
9.10.1 Overview
9.10.2 Energy and Utilities Market Revenue and Forecast To 2028 (US$ Million)
9.11 Government and Public Sector
9.11.1 Overview
9.11.2 Government and Public Sector Market Revenue and Forecast To 2028 (US$ Million)
9.12 Others
9.12.1 Overview
9.12.2 Others Market Revenue and Forecast To 2028 (US$ Million)
10. SAM Workplace Services Market – Country Analysis
10.1 Overview
10.1.1 SAM: Workplace Services Market- by Key Country
10.1.1.1 Brazil: Workplace Services Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Workplace Services Market- by Service Type
10.1.1.1.2 Brazil: Workplace Services Market- By Organization Size
10.1.1.1.3 Brazil: Workplace Services Market- By Vertical
10.1.1.2 Argentina: Workplace Services Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: Workplace Services Market- by Service Type
10.1.1.2.2 Argentina: Workplace Services Market- By Organization Size
10.1.1.2.3 Argentina: Workplace Services Market- By Vertical
10.1.1.3 Rest of SAM: Workplace Services Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of SAM: Workplace Services Market- by Service Type
10.1.1.3.2 Rest of SAM: Workplace Services Market- By Organization Size
10.1.1.3.3 Rest of SAM: Workplace Services Market- By Vertical
11. Impact of COVID-19 Pandemic on SAM Workplace Services Market
11.1 Overview
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Wipro Limited
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 IBM Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 HCL Technologies
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Tata Consultancy Services Limited
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 NTT DATA Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 DXC Technology Company
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 CompuCom Systems, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Unisys Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Fujitsu Limited
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Cognizant
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Accenture
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Atos SE
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. SAM Workplace Services Market – Revenue and Forecast To 2028 (US$ Million)
Table 2. Brazil: Workplace Services Market- by Service Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Workplace Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Workplace Services Market- By Vertical –Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: Workplace Services Market- by Service Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Workplace Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: Workplace Services Market- By Vertical –Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of SAM: Workplace Services Market- by Service Type–Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of SAM: Workplace Services Market- By Organization Size –Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: Workplace Services Market- By Vertical –Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Workplace Services Market Segmentation
Figure 2. SAM Workplace Services Market Segmentation – By Country
Figure 3. SAM Workplace Services Market Overview
Figure 4. End-User Outsourcing Segment held the Largest Share in the SAM Workplace Services Market
Figure 5. Large Enterprises held the Largest Share in the SAM Workplace Services Market
Figure 6. Telecom-IT and ITES Services held the Largest Share in the SAM Workplace Services Market
Figure 7. Brazil Dominated the SAM Workplace Services Market
Figure 8. SAM – PEST Analysis
Figure 9. Expert Opinion
Figure 10. SAM Digital Business Support System Market Impact Analysis of Drivers and Restraints
Figure 11. SAM Workplace Services Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12. SAM Workplace Services Market Breakdown, by Service Type (2020 and 2028)
Figure 13. SAM End-User Outsourcing Services Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM Tech Support Services Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Workplace Services Market Breakdown, by Organization Size (2020 and 2028)
Figure 16. SAM Small and Medium Enterprises Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM Large Enterprises Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Workplace Services Market Breakdown, by Vertical (2020 and 2028)
Figure 19. SAM Media and Entertainment Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM BFSI Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Consumer Goods and Retail Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM Manufacturing Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. SAM Healthcare and Life Sciences Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM Education Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. SAM Telecom- IT and ITES Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. SAM Energy and Utilities Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. SAM Government and Public Sector Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. SAM Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. SAM: Workplace Services Market Revenue Share, By Key Country – Revenue 2020(US$ Million)
Figure 30. SAM: Workplace Services Market Revenue Share, By Key Country (2020 & 2028)
Figure 31. Brazil: Workplace Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Argentina: Workplace Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Rest of SAM: Workplace Services Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in South America Country Markets
- Accenture
- Atos SE
- Cognizant
- Fujitsu Limited
- HCL Technologies
- IBM Corporation
- NTT DATA Corporation
- Tata Consultancy Services Limited
- Unisys Corporation
- Wipro Limited
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM Workplace Services market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM Workplace Services market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving Workplace Services market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution