Technavio projects the Digital workplace Market to grow by USD 76.22 billion, achieving a CAGR of 23.6% during the forecast period from 2023 to 2028. A key factor driving this growth is the reduction in hardware costs, which is encouraging businesses to adopt digital workplace tools like workspace management systems. The increasing number of users connecting to the internet through various devices further emphasizes the shift towards digital transformation. Another important driver of this market is the desire for more flexible work arrangements. As employees prioritize work-life balance, digital workplace solutions are becoming essential for businesses looking to foster smart and flexible work environments. With these factors in play, the market for digital workplace technologies is on a rapid upward trajectory.

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