Future of Work – Thematic Research
The employer-employee relationship is changing radically as employees are in a stronger position than they have been for years. Companies are forced to improve not only wages and career development opportunities but also well-being and work-life balance. Technology adoption across industries is empowering workers with new digital skills. For instance, robotics, 5G, and advanced manufacturing techniques using 3D printing and digital twins will enhance work performance on the factory floor. At the same time, technologies like artificial intelligence (AI), cloud, and cybersecurity will be critical in ensuring the coexistence of the digital and physical workplace.
The future of work thematic intelligence report provides an overview of the future of work, one of the most important themes impacting the workforce. It presents key technology, macroeconomic and regulatory trends impacting the future of work theme. Further, the report provides market size and growth forecasts for five technologies that will play a key role in the future of the work theme.
Future of Work Framework
GlobalData’s future of work framework highlights the technologies that are disrupting the way we work and focuses on the specific role of technology to enhance work skills. The framework includes five categories: visualization, connectivity, automation, collaboration, and interpretation.
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Future of Work Data Analysis
Technologies such as robotics, Enterprise IoT, AI, 5G, and collaboration tools will shape the future of work.
Robotics: The robotics market size was $52.8 billion in 2021 and is expected to grow at a CAGR of more than 29% during 2021 – 2030. It is segmented into service robot and industrial robots. The service robot market was larger than the industrial robot sector. However, the industrial robot market is anticipated to grow faster over the next decade.
Enterprise IoT: The global enterprise IoT market was worth $547.9 billion in 2021 and is expected to grow at a CAGR of more than 9% during 2021 – 2026. The IoT software segment generated more than one-fourth of the total revenue in 2021 and is expected to continue doing so during the forecast period.
The future of work thematic report also covers:
- Mergers & acquisitions
- Company filing trends
- Hiring trends
- Timeline
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Key Trends Impacting the Future of Work Framework
The main trends shaping the future of work theme are classified into three categories: technology trends, macroeconomic trends, and regulatory trends.
- Technology Trends – The key technology trends impacting the future of work theme are the adoption of enterprise metaverse platforms, the future through hybrid work model, and automation and digitalization techniques.
- Macroeconomic Trends – The report analyses several macroeconomic trends impacting the future of the work framework. It includes the post-pandemic supply chain crisis, the tight labor market, the new gig economy, reshoring, deglobalization, and ESG performance.
- Regulatory Trends – The key regulatory trends impacting the future of work theme are antitrust and data privacy and regulations within the gig economy. The gig economy has been shaping work in the absence of traditional forms of trade unionism, like collective bargaining. In addition, regulatory structures around the world were not written with phone-based apps and platform work in mind. This has hindered the ability of gig workers to improve their conditions and wages.
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Competitor Analysis
The companies making their mark within the future of work theme are Alibaba, Alphabet (parent company of Google), Amazon, Baidu, Cambricon Technologies, Cisco, Huawei, Meta, Microsoft, and Salesforce among others.
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Future of Work Sector Scorecards
GlobalData uses a scorecard approach to predict tomorrow’s leading companies within each sector. The sector scorecards help to determine which companies are best positioned for a future filled with disruptive threats. Each sector scorecard has three screens:
- The thematic screen shows who are the overall leaders in the 10 themes that matter most, based on the thematic engine.
- The valuation screen shows whether publicly listed players appear cheap or expensive relative to their peers, based on consensus forecasts from investment analysts.
- The risk screen shows the riskiest players in each industry, based on the assessment of four risk categories: operational risk, financial risk, industry risk, and country risk.
The future of work is a theme that impacts many of the sectors we cover. In this section, we focus specifically on the industrial automation and application software sectors.
Industrial Automation Sector Scorecard – Thematic Screen
To know more about sector scorecards related to the future of work framework, download a free report sample
Future of Work Report Overview
| Report Pages | 60 |
| Future of Work Trends | Technology, Macroeconomic, Regulatory |
| Data Analysis | Robotics, Enterprise IoT, AI, 5G, and Collaboration Tools |
| Future of Work Categories | Visualization, Connectivity, Automation, Collaboration, and Interpretation |
| Leading Companies | Alibaba, Alphabet (parent company of Google), Amazon, Baidu, Cambricon Technologies, Cisco, Huawei, Meta, Microsoft, and Salesforce |
Reasons to Buy
The future of work is shaping both factories and offices, encouraging greater collaboration between humans and technology, and empowering workers with new digital skills. In the background, the increased use of technology is bringing about profound political, economic, and social change. This report helps you make sense of this vitally important theme, by providing you with a clear thematic framework.
In addition, we identify those companies that are developing and adopting the most advanced technologies across the future of work framework. These companies are the most likely to emerge as winners in this theme.
Key Players
Table of Contents
Frequently Asked Questions
The five categories of the future of work framework are visualization, connectivity, automation, collaboration, and interpretation.
The key technology trends impacting the future of work theme are adoption of enterprise metaverse platforms, and the emerging office and factory of the future through hybrid work model and automation and digitalization techniques.
The macroeconomic trends impacting the future of work theme which include the supply chain crisis post the pandemic, the tight labor market, the new gig economy, reshoring, globalization, and ESG performance.
The key regulatory trends impacting the future of work theme are antitrust and data privacy and regulating the gig economy.
Some of the companies making their mark within the future of work theme are Alibaba, Alphabet (parent company of Google), Amazon, Baidu, Cambricon Technologies, Cisco, Huawei, Meta, Microsoft, and Salesforce.
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