IMARC Group, a leading market research company, has recently releases report titled “Integrated Workplace Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global integrated workplace management system market share, size, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the integrated workplace management system market?
The global integrated workplace management system market is expected to exhibit a growth rate (CAGR) of 14.1% during 2023-2028.
What is integrated workplace management system?
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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What are the growth prospects and trends in the integrated workplace management system?
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.
What is included in market 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
Breakup by Geography:
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
Who are the key players operating in the industry?
The report covers the major market players including:
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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