Virtual Workspace Solutions Market Outlook:
Virtual Workspace Solutions Market size was valued at USD 21.6 billion in 2025 and is projected to reach USD 73.3 billion by the end of 2035, rising at a CAGR of 13% during the forecast period, i.e., 2026-2035. In 2026, the industry size of virtual workspace solutions is estimated at USD 24.4 billion.
Global economic growth is a key factor expected to fuel the market during the forecast period. The GDP growth globally, as well as in lucrative regional markets, has become extensive and is a way to recover from the downturn that occurred during the COVID-19 pandemic. For instance, as disclosed by the International Monetary Fund in July 2025, global GDP is anticipated to grow by 3.1% in 2026. This is likely to lead to a stable economic environment for investments in virtual workspaces.
The rise of remote and hybrid work and gig employees globally is also expected to fuel the market growth. Organizations involved in the management of remote and hybrid work settings and the gig workforce rely heavily on virtual workspace solutions to keep employees and teams connected and coordinated.
Percent Of Remote Workers by Major Industry Group, Ranked from Largest to Smallest In 2022
|
Industry |
Percentage |
|
Professional, Scientific, And Technical Services |
41.4% |
|
Information |
38.8% |
|
Finance And Insurance |
37.6% |
|
Management Of Companies And Enterprises |
33.0% |
|
Utilities |
16.5% |
|
Educational Services |
17.8% |
|
Real Estate And Rental, And Leasing |
21.4% |
|
Wholesale Trade |
15.7% |
|
Administrative And Waste Management Services |
16.8% |
|
Arts, Entertainment, And Recreation |
15.9% |
|
Durable Manufacturing |
12.4% |
|
Agriculture, Forestry, Fishing, And Hunting |
13.6% |
|
Manufacturing |
11.9% |
|
Nondurable Manufacturing |
11.0% |
|
Healthcare And Social Assistance |
11.3% |
|
Retail Trade |
9.4% |
|
Mining |
7.2% |
|
Other Services, Except The Government |
9.6% |
|
Transportation And Warehousing |
8.8% |
|
Construction |
7.8% |
|
Accommodation And Food Services |
4.8% |
Source: BLS
As reported by the World Economic Forum in April 2023, 74% of employees in the information technology and insurance industries had access to remote working facilities. Similarly, as of 2025, around 42 million individuals in the U.S. were engaged in some form of gig work.