The Integrated Workplace Management System market size is projected to grow from USD 2.6 billion in 2020 to USD 4.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.5% from 2020 to 2025. The demand for IWMS is driven by the requirement of improved and efficient operational solutions, which is leading toward an increased sophistication of solutions and services.
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The on-premises segment to hold a larger market size during the forecast period
On-premises deployment is one of the secured types of deployment mode. It is mostly adopted by large enterprises, as they have well-established physical servers, expert Information Technology (IT) technicians, and sufficient budgets. Security is a key factor driving the adoption of the on-premises deployment model. The vendors in the market help securely deploy the IWMS solutions into their clients’ premises, allowing them to scale functionalities, manage and upgrade the solutions with ease. Verticals such as Banking, Financial Services & Insurance (BFSI) and healthcare prefer the on-premises deployment of the IWMS solutions, as security is a top priority for them. The on-premises deployment model helps in installing the IWMS solutions and associated services on-premises.
Solution segment to hold a larger market size in 2020
The solution segment is expected to majorly contribute to the market, while the services segment is projected to witness a higher growth rate during the forecast period. This growth is supported by the need for upgrades and maintenance of existing solutions. These solutions help in the alignment of administrative, technical, infrastructural, and environmental support functions to fulfill the core objective of businesses.
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North America to hold the largest market size during the forecast period
North America has always been an innovative and competitive ground for every technology. The region remains one of the fastest in the adoption of innovative technologies. Currently, the United States (US) holds the highest share in the IWMS market, due to increasing developments in smart building projects in the US. This has led to the use of IWMS solutions for space management, asset and maintenance management, and real estate and lease management. Most of the leading market players, such as IBM, Oracle, Trimble, Accruent, and Archibus, have their headquarters in this region. New advancements and establishments of real estate and infrastructure sector demand IWMS solutions in this region. North America, in the coming years, is estimated to continue to lead the IWMS market.
Market Players
Key market players profiled in this report include IBM (US), Oracle (US), Trimble (US), Planon (Netherlands), Accruent (US), Archibus (US), Service Works Global (United Kingdom [UK]), Causeway (UK), SAP (Germany), FSI (FM Solutions) (UK), FM: Systems (US), iOFFICE (US), Spacewell (Belgium), MRI Software (US), Facilio (US), zLink (US), Nuvolo (US), VLogic Systems (US), Rapal (Finland), AssetWorks (US), Smartsheet (US), SIERRA (India), OfficeSpace (US), IDASA SISTEMAS (Spain), Collectiveview (US), Budgetrac (US), Tango (US), QuickFMS (US), and ServiceChannel (US). These players offer various IWMS solutions to cater to the demands and needs of the market. Major growth strategies are adopted by the players including partnerships, collaborations and agreements, and new product launches/product enhancements.
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Global Integrated Workplace Management System Market was valued at US$ 1.8 Bn in 2019 and is expected to reach US$ 5.2 Bn by 2027, at a CAGR of 14.18% during the forecast period.The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors.
Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments.
The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample ReportGlobal Integrated Workplace Management System Market Dynamics:An integrated workplace management system is a software platform that aids organizations optimize the use of workplace resources, with the management of a company’s real estate portfolio, infrastructure and facilities assets.
Integrated workplace management system (IWMS) technology as an advanced technology platform designed to help prominent organizations manage them RE/FM and asset portfolios more effectively.
IWMS solution is usually packaged as a fully integrated suite or as individual modules that can be scaled over time.However, lack of awareness regarding the importance of workplace & facility management and unexplored benefits of facility and workplace management are hampering the growth of the globally integrated workplace management system (IWMS) market in upcoming years.Global Integrated Workplace Management System Market Segment Analysis:The cloud deployment type is dominating the segment for an integrated workplace management system during the forecast period owing to increasing cloud-based application deployments.
This has led to the usage of IWMS solutions for space management, asset and maintenance management, and real estate and lease management.A recent development in the global integrated workplace management system market: In July 2018, Trimble acquired Viewpoint, a leading supplier of scalable construction management software, to offer consumers a central workflow platform for delivering integrated, end-to-end construction management.In July 2018, The Planon Group strengthened its position in Northern Europe by opening an office in Sweden, as there is an increasing demand for IWMS and lease accounting solutions in the Nordic market.The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology.
The latest trending report Global Integrated Workplace Management System Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Integrated Workplace Management System market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 7.7% in the forecast period of 2020 to 2025 and will expected to reach USD 2649.2 million by 2025, from USD 1968.6 million in 2019.The Integrated Workplace Management System market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/37765-integrated-workplace-management-system-market-analysis-reportThe major players covered in Integrated Workplace Management System are:IBMIndus SystemsPlanonOracleNJW LimitedTrimble NavigationIofficeArchibusAccruentFM SystemsMCSBy Type, Integrated Workplace Management System market has been segmented into: Operations and Services Management Real Estate Management Environmental and Energy Management Facility Management Project ManagementBy Application, Integrated Workplace Management System has been segmented into: Public Sector Telecommunications and IT Manufacturing BFSI Real Estate and Construction Retail Healthcare Education OthersThe report offers in-depth assessment of the growth and other aspects of the Integrated Workplace Management System market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia) South America (Brazil, Argentina, Colombia) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Integrated Workplace Management System Market @ https://www.decisiondatabases.com/contact/download-sample-37765There are 14 Chapters to deeply display the global Integrated Workplace Management System market.1 Integrated Workplace Management System Market Overview2 Company Profiles3 Global Integrated Workplace Management System Market Competition, by Players4 Global Integrated Workplace Management System Market Size by Regions5 North America Integrated Workplace Management System Revenue by Countries6 Europe Integrated Workplace Management System Revenue by Countries7 Asia-Pacific Integrated Workplace Management System Revenue by Countries8 South America Integrated Workplace Management System Revenue by Countries9 Middle East and Africa Revenue Integrated Workplace Management System by Countries10 Global Integrated Workplace Management System Market Segment by Type11 Global Integrated Workplace Management System Market Segment by Application12 Global Integrated Workplace Management System Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Integrated Workplace Management System Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-37765Other Reports by DecisionDatabases.com:Global Cloud Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024Global Blockchain as a Service (BaaS) Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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Global Integrated Workplace Management (IWMS) Systems Market is valued at USD 2.40 Billion in 2019 and expected to reach USD 5.14 Billion by 2026 with the CAGR of 11.50% over the forecast period.Global Integrated Workplace Management (IWMS) Systems Market: Global Size, Trends, Competitive, Historical Analysis, 2020-2026– Increased adoption of the internet of things such as information and communications technology across different industry are expected to boost the growth of integrated workplace management (IWMS) systems market over forecast period.Get Sample Copy of This Premium Report: @ https://brandessenceresearch.com/requestSample/PostId/1345Scope of Global Integrated Workplace Management (IWMS) Systems Market Reports –Integrated workplace management system (IWMS) is a software platform that helps organizations optimizes the use of workplace resources, including the management of a company's real estate portfolio, infrastructure and facilities assets.
IWMS is software that helps facilities management and corporate real estate management professionals optimize their use of both space and resources to save money and be more efficient.
The application helps optimize the use of facility space user can manage physical spaces within buildings manage employees and book and schedule rooms.In the Covid-threatened workplace, that same technology is now being used to safely return employees to the workplace.
However, the next-generation integrated workplace management systems (IWMS) such as Trimble’s Manhattan ONE software suite make it easier for CRE and facility management professionals to gain a clear understanding of the optimum workspace capacity for each setting.
On the basis of country level, market of IWMS is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.Key Players for Integrated Workplace Management (IWMS) Systems Drug-Some major key players for global integrated workplace management (IWMS) systems market are Oracle, IBM, iOFFICE, SpaceIQ, Maintenance Connection, Accruent, Planon, ARCHIBUS, Flairsoft, NJW Limited, GoSpotCheck, Axxerion, Trimble Manhattan and OthersGlobal Integrated Workplace Management (IWMS) Systems Market Dynamics –The rapidly increasing adoption of cloud platform across different end use industries has augmented value to this product market.
According to Telecom Regulatory Authority of India (TRAI) in 2015, the proportion of cloud IT infrastructure sales in the cloud industry climbed to 33.8% in last quarter of 2015, up from 28.7% a year ago.
