Integrated Workplace Management System Market 2022-27: Size, Share, Growth And Analysis

According to the latest report by IMARC Group "Integrated Workplace Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global integrated workplace management system market is expected to exhibit a CAGR of XX% during 2022-2027.

An integrated workplace management (IWM) system stands for a next-generation solution adopted in the workplace for facility management (FM). It supports organizations by enhancing workplace resources, focusing on cost savings and real estate expenditure via corporate real estate management, and managing the portfolio, infrastructure, and assets. This system is primarily used for planning, analyzing the space utility data, and performing essential administrative tasks, like locating employees within an ample office space and assigning a place to new staff.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The elevating trend of automation in FM processes to boost business productivity by increasing efficiency, flexibility, transparency, and customer satisfaction is primarily driving the global integrated workplace management system market. Moreover, the growing adoption of digital solutions by the organizations over typical approaches for lease, project, space, asset, facility, and maintenance management is also catalyzing the market growth. Additionally, this system provides several benefits, like real-time tracking, recovery in case of disasters, energy conservation, and consolidation of data centers, thereby acting as another growth-inducing factor. Besides this, the integration of sensors, advanced analytics, and Software as a Service (SaaS) with IWM systems will further augment the market growth in the forecasted period.

Breakup by Component:

Solution

Real Estate and Lease Management

Facilities and Space Management

Asset and Maintenance Management

Project Management

Others

Services

Professional Services

Managed Services

Breakup by Deployment:

On-premises

Cloud-based

Breakup by Enterprise Size:

Large Enterprises

Small and Medium Enterprises

Breakup by End Use Industry:

Public Sector

IT and Telecom

Manufacturing

BFSI

Real Estate and Construction

Retail

Healthcare

Others

Breakup by Region:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Competitive Landscape with Key Player:

Accruent (Fortive Corporation)

ARCHIBUS Inc

FM:Systems

FSI (FM Solutions) Limited

International Business Machines Corporation

iOFFICE

MRI Software LLC

Cloud

Oracle Corporation

SAP SE

Trimble Inc.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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