This report provides a comprehensive analysis of theIntegrated Workplace Management System Market, including its size, share, demand, growth, gross profits, earnings, and revenue. It examines the collected data to present a detailed overview of industry trends and predicts potential growth during the forecast period. The study utilizes historical data from 2016 and 2017, with 2018 as the base year, to estimate industry growth from 2019 to 2026.
The IWMS market is expected to surpass USD 2 billion in 2019 and reach USD 4.5 billion in 2024, continuing its steady growth trajectory. IWMS is a software platform designed to help organizations optimize their workplace resources. It is available as a comprehensive suite or as individual modules that can be expanded over time. The IWMS encompasses five main functional areas: real estate management (including property disposition, financial management, and acquisition), capital project management (covering facility design, development, and remodeling), facilities management (focusing on efficient facility utilization and operations), maintenance management, and sustainability and energy management.
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The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in RD activities are expected to boost market growth during the forecast period.
Competitive Landscape:
- ARCHIBUS
- MPulse
- OfficeSpace
- TheWorxHub
- Sprocket CMMS
- Visual Lease
- Asset Essentials
- CenterStone
- Accurent FAMIS
- MACH Energy
- Collectiveview Viewsuite
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The global market is further segmented into type and application:
Market has been divided by Deployment as:
- On-premise
- Cloud
Market has been divided by Services as:
- Professional
- Managed
Market has been divided by End-user as:
- Public Sector
- Manufacturing
- BFSI
- Retail
- Real Estate
Market segment by Region/Country include:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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