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 Report is expected to exhibit a CAGR of XX% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
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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Integrated Workplace Management System 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.
Report Segmentation:
The report has segmented the market into the following categories:
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
Market 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:
- Accruent (Fortive Corporation)
- ARCHIBUS Inc
- FM:Systems
- FSI (FM Solutions) Limited
- International Business Machines Corporation
- iOFFICE
- MRI Software LLC
- Nuvolo
- Oracle Corporation
- SAP SE
- Trimble Inc
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