Dublin, Dec. 23, 2020 (GLOBE NEWSWIRE) -- The "Integrated Workplace Management System (IWMS) - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Integrated Workplace Management System (IWMS) market accounted for $2.15 billion in 2019 and is expected to reach $5.93 billion by 2027 growing at a CAGR of 13.5% during the forecast period.
Growing cloud-based application deployments, increasing competitiveness and workforce dynamics, and growing importance of corporate social responsibilities across the globe are the major factors propelling the market growth. However, unexplored benefits of facility and workplace management are hampering the market growth.
The integrated workplace management system is a platform for software. It has different functional areas such as facilities management (operations, optimal utilization of facilities), sustainability and energy management, real estate management (acquisition, financial management, disposition of tangible property assets), maintenance management and capital project management (remodeling of facilities, development, design). Also, the integration of AI in an integrated workplace management system is generating higher demand for the automation process. It is beneficial for companies in efficiently utilizing the resources at the workplace.
Based on the end user, the manufacturing segment is going to have a lucrative growth during the forecast period due to the rapid technology implementation across the manufacturing vertical. Furthermore, the degree of competitiveness among organizations has increased drastically. As a result, organizations are keen to implement efficient workplace solutions in their manufacturing facilities.
By geography, North America is going to have a lucrative growth during the forecast period due to the new advancements and establishments of real estate and infrastructure sector. The region remains one of the fastest in the adoption of innovative technologies. Currently, the United States (US) holds the highest share in the integrated workplace management system 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.
Some of the key players profiled in the Integrated Workplace Management System (IWMS) Market include Accruent, Archibus, AssetWorks, Causeway, Facilio, FSI (FM Solutions), IBM, MRI Software, Nuvolo, Oracle, Planon, Rapal, SAP, Service Works Global, Smartsheet, Spacewell, Tango, Trimble, VLogic Systems, and zLink.
What the Report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Integrated Workplace Management System (IWMS) Market, By Organization Size
5.1 Introduction
5.2 Large Enterprises
5.3 Small and Medium-sized Enterprises (SMEs)
5.3.1 Micro SME
5.3.2 Mid-Market SME
6 Global Integrated Workplace Management System (IWMS) Market, By Deployment Type
6.1 Introduction
6.2 Cloud
6.3 On-Premises
7 Global Integrated Workplace Management System (IWMS) Market, By Offering
7.1 Introduction
7.2 Services
7.2.1 Managed Services
7.2.2 Professional Services
7.2.2.1 Consulting
7.2.2.2 Support & Maintenance
7.2.2.3 System Integration and Deployment
7.3 Solution
7.3.1 Asset & Maintenance Management
7.3.2 Capital Project Management Software (CPMS)
7.3.3 Environmental and Energy Management
7.3.4 Facilities & Space Management
7.3.5 Operations and Services Management
7.3.6 Project Management
7.3.7 Real Estate & Lease Management
8 Global Integrated Workplace Management System (IWMS) Market, By End User
8.1 Introduction
8.2 Agriculture
8.3 Banking, Financial Services, and Insurance
8.4 Chemical
8.5 Education
8.6 Energy
8.7 Food & Beverages
8.8 Healthcare
8.9 IT and Telecom
8.10 Manufacturing
8.11 Public Sector/Government
8.12 Construction
8.13 Retail
8.14 Travel & Transportation
9 Global Integrated Workplace Management System (IWMS) Market, By Geography
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Accruent
11.2 Archibus
11.3 AssetWorks
11.4 Causeway
11.5 Facilio
11.6 FSI (FM Solutions)
11.7 IBM
11.8 MRI Software
11.9 Nuvolo
11.10 Oracle
11.11 Planon
11.12 Rapal
11.13 SAP
11.14 Service Works Global
11.15 Smartsheet
11.16 Spacewell
11.17 Tango
11.18 Trimble
11.19 VLogic Systems
11.20 zLink
For more information about this report visit https://www.researchandmarkets.com/r/ty7lu1
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.