Market Research Report
Integrated Workplace Management System (IWMS) Marketplace: IWMS Market by Platforms, Software, and Solutions 2021 - 2026
|Integrated Workplace Management System (IWMS) Marketplace: IWMS Market by Platforms, Software, and Solutions 2021 - 2026|
Published: October 13, 2021
Content info: 127 Pages
Delivery time: 1-2 business days
This report provides a multi-dimensional view of the IWMS market including analysis of software solutions and service providers, evaluation of key technologies, assessment of current market trends, and outlook for future business opportunities. The report also provides detailed quantitative analysis and forecasts including:
The report also includes specific industry recommendations with respect to Integrated Workplace Management System market solutions including platforms, software, and services.
Integrated Workplace Management Systems (IWMS) are designed to optimize the usage of corporate physical assets such as real estate, buildings, facilities and infrastructure. Optimization includes everything from resource requirements to workflow and personnel management.
IWMS solutions represent a combination of five separate modules (1) Property Management, (2) Facility and Space Management, (3) Maintenance Management, (4) Sustainability and Energy Management, and (5) Technology Management. Each software module addresses specific functions powered by Internet of Things (IoT) technologies, as well as Artificial Intelligence (AI), 3D Visualization, and Data Analytics. IWMS solutions as a whole typically include software as well as related services such as network and system integration, professional services, predictive analysis, and more.
With IWMS solutions, enterprise organizations are able to optimize asset utilization, energy consumption, technology deployment, building, and infrastructure efficiency, and overall workplace productivity to gain substantial savings in CAPEX and OPEX. Integration of IoT and AI is accelerating the transformation from software-driven to service-centered automation with the added benefit of generating positive returns on assets for enterprises. Deployment of IWMS solutions is anticipated to provide the following benefits for the typical enterprise:
Mind Commerce sees the confluence of AI and IoT (AIoT) having a particularly large positive impact on the IWMS solutions market. AIoT will make IWMS solutions more effective and efficient as well as ease the transition towards a less human-intensive workforce.
The smart workplace will leverage AIoT for both autonomous decision-making as well as collaborative human-machine oriented cognitive computing approaches. This will manifest in an AIoT embedded IWMS solution market that will reach $3.5 billion globally by 2026.