Integrated Workplace Management System (IWMS) Market Is Predicted To Be Valued At US$ 9.2 Billion By 2032

The Integrated Workplace Management System (IWMS) market is poised for robust growth, with a predicted Compound Annual Growth Rate (CAGR) of 10.9% from 2022 to 2032. By 2032, the global IWMS market is anticipated to approach a value of nearly US$ 9.2 billion, up from US$ 2.9 billion in 2021.

The imperative for corporate integration spans across all sectors, driven by the widespread adoption of enhanced analytics, advanced sensor technologies, Software as a Service (SaaS), and increased portability. Consequently, the adoption of integrated workplace management software has surged across various business enterprises, underlining its remarkable market growth in recent years.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7327

Globally, organizations across industries are increasingly recognizing the importance of centralized and standardized data repositories to streamline organizational processes and manage corporate facilities effectively.

Furthermore, to maintain competitiveness, major corporations are accelerating the adoption of Integrated Workplace Management Systems (IWMS), further fueling the market's growth prospects. This intensified adoption underscores the expanding significance of IWMS solutions in facilitating efficient operations and strategic decision-making within corporate environments.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐓𝐫𝐞𝐧𝐝𝐬:

The Integrated Workplace Management System (IWMS) market is experiencing dynamic growth trends driven by several key factors.

Firstly, there's a growing demand for streamlining and optimizing workplace operations across various industries. IWMS solutions offer comprehensive tools for managing real estate, facilities, maintenance, and resources, thereby enabling organizations to enhance operational efficiency, reduce costs, and maximize space utilization.

Additionally, the increasing adoption of cloud-based IWMS solutions is fueling market growth. Cloud-based platforms offer scalability, flexibility, and accessibility, allowing organizations to easily deploy and manage IWMS solutions without significant upfront investments in infrastructure. This trend is particularly attractive to small and medium-sized enterprises looking to leverage advanced workplace management capabilities.

Moreover, the integration of IoT (Internet of Things) technology into IWMS solutions is driving innovation in the market. IoT sensors and devices can provide real-time data on building occupancy, energy usage, equipment performance, and environmental conditions, enabling organizations to make data-driven decisions and optimize resource allocation.

Furthermore, there's a growing emphasis on sustainability and environmental responsibility, driving the adoption of IWMS solutions with features for energy management, carbon footprint tracking, and sustainable building practices.

Organizations are increasingly seeking IWMS platforms that can help them achieve green building certifications and comply with regulatory requirements.
Overall, with the convergence of technological advancements, increasing awareness of workplace efficiency, and the growing importance of sustainability, the IWMS market is poised for continued growth and innovation in the coming years.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

• IBM
• Oracle
• Trimble
• Planon
• Accruent
• Service Works Global
• SAP
• FSI
• FM Systems
• iOFFICE

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Due to the proliferation of many integrated workplace management system companies around the world, the global market is tremendously fragmented. So to stay competitive, major service providers are pursuing new product development or attaining new and improved versions of the solution.

• IBM Company launched a curated set of products by the name of 'Watson Works' in June 2020 that incorporates IBM Watson AI Models and applications to address IWMS assisted workplace requirements in the post pandemic times.
• Honeywell Inc. and SAP announced a partnership in June 2020 and delivered a cloud based IWMS solution. It combines the enterprise management service, 'Honeywell Forge' with SAP cloud service for real estate for optimising building performance and ensuring occupants' safety.
• Trimble launched a full software suite for centralising the workplace information and portfolio in May 2020 by the name of 'ManhattanONE'. This new software solution performs the accommodation booking, project management & maintenance and financial administration as well.

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬

• By Offering :
o Solution
o Service
 Professional Services
 Managed Services

• By Deployment Type :
o On-premises
o Cloud

• By Organization Size :
o Large Enterprises
o Small & Medium-sized Enterprises (SMEs)

• By Vertical :
o Public Sector
o IT &Telecom
o Manufacturing
o Banking, Financial Services & Insurance (BFSI)
o Real Estate & Construction
o Retail
o Healthcare
o Education
o F&B
o Chemical
o Transportation
o Agriculture
o Others

• By Region :
o North America
o Latin America
o Europe
o Asia Pacific
o Middle East and Africa (MEA)

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://www.factmr.com/report/integrated-workplace-management-system-iwms-market

𝐌𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭:

Relational Database Management Systems Market: https://www.factmr.com/report/1403/relational-database-management-systems-market

IBM Watson Services Market: https://www.factmr.com/report/759/ibm-watson-services-market

SAP Cloud Platform Services Market: https://www.factmr.com/report/2265/sap-cloud-platform-services-market

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