Press release
Global Integrated Workplace Management System Industry: Increasing importance of CSR to drive the market.
The global Integrated Workplace Management System market size is expected to reach $6.05 Billion by 2028 growing at the CAGR of 11.96% from 2021 to 2028.The global integrated workplace management system (IWMS) market is expected to display a healthy growth rate during the forecast period. The report projects that among factors, growing adoption of workflow automation solutions by real estate enterprises and rising emphasis on energy management by governments are the major contributors to the market. Factors such as the increasing importance of corporate social responsibility (CSR) and others such as increasing IT regulations and certification & compliance regulations also contribute to this positive development in the global IWMS market.
When it comes to integrated workplace management system solutions, organizations have raised concerns about a lack of awareness in the market when compared to other enterprise resource planning systems
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Key Players
Some of the major Integrated Workplace Management System players holding high market share include IBM Corporation, Oracle Corporation, and Accurint. These players use acquisition and expansion as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
● IBM Corporation
● Oracle Corporation
● Accurint
● Trimble
● SAP SE
● Plano Corporation
● iOFFICE, Inc.
● SPACEWALL INTERNATIONAL
● Archeus, Inc
● Nuvolo
The recently published research report on Global Integrated Workplace Management System Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Integrated Workplace Management System market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.
The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.
In terms of COVID 19 impact, the Integrated Workplace Management System market report also includes the following data points:
● COVID19 Impact on Integrated Workplace Management System market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in Integrated Workplace Management System market
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Segmental Analysis
Market Segment By Component with focus on market share, consumption trend, and growth rate of Integrated Workplace Management System Market:
o Solutions
o Services
Market Segment By Deployment with focus on market share, consumption trend, and growth rate of Integrated Workplace Management System Market:
o On-premise
o Cloud
Market Segment By Enterprise Size with a focus on market share, consumption trend, and growth rate of Integrated Workplace Management System Market:
o Large Enterprises
o Small and Medium-sized Enterprises (SMEs)
Market Segment By Industrial Vertical with a focus on market share, consumption trend, and growth rate of Integrated Workplace Management System Market:
o Manufacturing
o IT & Telecom
o Real Estate & Construction
o Healthcare
o Retail
o Others
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Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)
The global workplace management system (WMS) market is segmented into North America, Europe, Asia Pacific and Latin America, Middle East & Africa. The North American region dominated this market with the highest revenue share in 20200. This can be attributed to the fact that it has a large number of smart buildings along with increasing spending on facilities management and the adoption of advanced technologies such as IoT and AI. In addition to this, it also has a large number of established companies manufacturing workplace management systems which have added huge growth potential to the region.
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Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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