It’s being expected that by 2032, the Integrated Workplace Management Systems market cap will hit US$ 9.2 Billion at a CAGR growth of about 10.9%.
Accurate integrated workplace management system offers effective solutions to handle varied facet of the facilities lifecycle. Most end user industries put this technology into practice due to its competent technical specifications which include improved decision-making for strategic planning which includes increased productivity and expense control among others. This in turn is propelling the demand of integrated workplace management system market in the upcoming years. Integrated Workplace Management System software market is envisioned to be stable in the coming years owing to its analysis capabilities, sustainability and higher adoption by larger companies which need better financial management. Globally, the real estate management solution is expected to register highest growth in the future owing to huge investment in infrastructure developments due to the manufacturing industry.
Moreover, trending adoption of cloud platform across different end use industries has augmented value to this product market. On the flip side, lacking awareness related to the lying importance of facility and workplace management is hampering the growth of the iwms market share in the coming future.
Furthermore, IWMS market is segmented based on solution, end-use industry, service and geography. Another segmentation based on solution type includes environmental and energy management, project management, service management, facility management and real-estate management among others. With the verified records, it’s unveiled that maintenance management application segment accounts highest market share backed by growing need for condition valuation to reduce the downtime of processes. On the basis of service, iwms market has been bifurcated which includes managed and professional services. Sub-category of professional services is inclusive of integration and deployment services, consulting services, support and maintenance services. On the basis of end use industry, market has segmentation mainly into different segment that comprise manufacturing, real-estate, education, telecommunication and IT and healthcare among others.
Geographically, the global iwms market has been divided into North America, Latin America, Asia Pacific (APAC), Europe and Middle- East & Africa (MEA). The Integrated Workplace Management System (IWMS) market is said to be majorly driven by Asia-Pacific region owing to the large number of consumer electronics manufacturers and large-scale industrialization is based in this particular region. Growing adoption of environmental and energy management solution in various government sector in order to accomplish desired goals is driving this product market.
Key company profile in the Global Integrated Workplace Management Systems Market report are IBM, Oracle, Trimble, Planon, Accruent, Service Works Global, SAP, FSI, FM Systems, iOFFICE, IBM Corporation (The U.S), Planon Corporation (The U.S), Infor (The U.S), Oracle Corporation (The U.S), Ioffice Corporation (The U.S), Trimble Navigation Limited (The U.S), Epicor (The U.S) and Indus Systems.
Integrated Workplace Management Systems Market Scope
Metrics | Details |
Base Year | 2022 |
Historic Data | 2022-2023 |
Forecast Period | 2022-2032 |
Study Period | 2021-2032 |
Forecast Unit | Value (USD) |
Revenue forecast in 2032 | US$ 9.2 Billion |
Growth Rate | CAGR of 10.9% during 2022-2032 |
Segment Covered | by Offering, By Deployment Type, By Organization Size, By Vertical, Region. |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | IBM, Oracle, Trimble, Planon, Accruent, Service Works Global, SAP, FSI, FM Systems, iOFFICE, IBM Corporation (The U.S), Planon Corporation (The U.S), Infor (The U.S), Oracle Corporation (The U.S), Ioffice Corporation (The U.S), Trimble Navigation Limited (The U.S), Epicor (The U.S) and Indus Systems. |
Key segments of the Integrated Workplace Management Systems Market
by Offering, (USD Billion)
• Solution, Service
• Professional Services
• Managed Services
By Deployment Type, (USD Billion)
• On-premises
• Cloud
By Organization Size, (USD Billion)
• Large Enterprises
• Small & Medium-sized Enterprises (SMEs)
By Vertical,(USD Billion)
• Public Sector
• IT &Telecom
• Manufacturing
Region Overview, (USD Billion)
• North America
o United States of America
o Canada
o Mexico
• Europe
o France
o Germany
o Italy
o the Netherlands
o Poland
o Russia
o The United Kingdom
o Rest of Europe
• Asia-Pacific
o China
o India
o Indonesia
o South Korea
o Rest of Asia-Pacific
• South America
o Argentina
o Brazil
o Peru
o Uruguay
o Rest of South America