PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1164935
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1164935
Integrated Workplace Management System (IWMS) Market size was valued at USD 2,704.1 Million in 2021, expanding at a CAGR of 15.7% from 2022 to 2028.
The integrated workplace management system (IWMS) aids in streamlining the usage of office resources to enhance the working environment for employees. It also provides a number of advantages, including information gathering and analysis, workflow optimization, management of operations, and enhanced reporting of workplace management-related tasks.
IWMS Market is anticipated to be fueled by the rising use of digital workplace solutions and the automation of facility management procedures. For tasks like lease administration, facilities and space management, asset and maintenance management, and project management, businesses are increasingly eschewing traditional methods and turning to digital solutions. Additionally, it is projected that the need for integrated workplace management systems will be fueled by the growing need for effective and enhanced operational solutions, which is resulting in a growth in the sophistication of solutions and services (IWMS). Global use of technologies like mobility, Software as a Service (SaaS), enhanced analytics, and advanced sensors is increasing demand for corporate integration. Thus, IWMS deployment is growing inside enterprises due to these needs.
Further, the integrated workplace management system (IWMS) provides a variety of characteristics, including cost savings, improved productivity, flexibility, and greater corporate output. During the forecast period, these attributes could lead to market expansion prospects for integrated workplace management systems (IWMS). Global enterprise asset management (EAM) applications and the rising demand for CAD software for modeling environments are contributing to IWMS market growth. COVID-19 has had a negative impact on the market as the supply chain, and logistics have suffered big losses.
The Global Integrated Workplace Management System (IWMS) Market is segmented on the basis of Solution, Application, and Region.
The market is split into two categories based on Solutions: software and services. The software segment dominates the market. Increasing adoption of both on-premises and cloud software is mainly contributing to segment growth.
Competitive Landscape:
The worldwide market for Integrated Workplace Management Systems (IWMS) is highly fragmented with the presence of small and large market players. The companies in the market stress adopting aggressive strategies to reach out to large consumer bases across multiple countries. Some of the primary techniques used by corporations to strengthen their reach and expand their market share include new product launches, partnerships, distribution network development, R&D spending, and mergers and acquisitions.
For instance, in June 2021, FM: Systems announced that it acquired WizzPass, a visitor and workplace management solution vendor, headquartered in Johannesburg, South Africa, The company specializes in providing comprehensive visitor management software with capabilities for visitor parking, self-check-in, badge allocation, analytics and integrating with access control systems.
This proposed research study on Integrated Workplace Management System (IWMS) market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2022-2028), considering 2021 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Integrated Workplace Management System (IWMS) market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Integrated Workplace Management System (IWMS) market
Impact of COVID-19 on Integrated Workplace Management System (IWMS) market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Integrated Workplace Management System (IWMS) market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Integrated Workplace Management System (IWMS) market, we have also included competitive landscape and key innovator analysis for the Integrated Workplace Management System (IWMS) market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Integrated Workplace Management System (IWMS) market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global Integrated Workplace Management System (IWMS) market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
The scope of this report covers the market by its major segments, which include as follows:
Accruent
ARCHIBUS, Inc.
FM:Systems
Oracle Corporation
Service Works Global
FSI (FM Solutions) Limited
IBM Corporation
MRI Software LLC
Nemetschek Group
Planon
SAP SE
Trimble Inc.
GLOBAL INTEGRATED WORKPLACE MANAGEMENT SYSTEM (IWMS) MARKET, BY SOLUTION
Software
On-premise
Cloud
Services
GLOBAL INTEGRATED WORKPLACE MANAGEMENT SYSTEM (IWMS) MARKET, BY APPLICATION
BFSI
Telecom
Retail
Healthcare
Energy & utilities
Aerospace & defense
Manufacturing
Others
GLOBAL INTEGRATED WORKPLACE MANAGEMENT SYSTEM (IWMS) MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA