Global Integrated Workplace Management System Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 3.92 Billion |
Market Size (Forecast Year) |
USD 11.78 Billion |
CAGR |
|
Major Markets Players |
Global Integrated Workplace Management System Market, By Component (Solution, Services), Organisation Size (Micro Small-to-Midsize Business (SMB), Small-to-Midsize Business (SMB), Mid-Market Small-to-Midsize business (SMB), Large Enterprises), Deployment (Cloud, On-Premises), Application (Property Management, Maintenance Management, Space & Move Management, Technology Management), Industry Vertical (IT & Telecom, Manufacturing, Real Estate, Travel & Transportation, Retail, Healthcare, BFSI, Others), C – Industry Trends and Forecast to 2029.
Integrated Workplace Management System Market Analysis and Size
As improved analytics, modern, sophisticated sensors, software as a service (SaaS), and portability become more widely adopted around the world, the need for corporate integration is growing in all verticals. As a result, the use of integrated workplace management software has increased across a variety of business enterprises, confirming the market's impressive growth in recent years.
Data Bridge Market Research analyses that the integrated workplace management system market was valued at USD 3.92 billion in 2021 and is expected to reach the value of USD 11.78 billion by 2029, at a CAGR of 14.75% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD billion, Volumes in Units, Pricing in USD |
Segments Covered |
Component (Solution, Services), Organisation Size (Micro Small-to-Midsize Business (SMB), Small-to-Midsize Business (SMB), Mid-Market Small-to-Midsize business (SMB), Large Enterprises), Deployment (Cloud, On-Premises), Application (Property Management, Maintenance Management, Space & Move Management, Technology Management), Industry Vertical (IT & Telecom, Manufacturing, Real Estate, Travel & Transportation, Retail, Healthcare, BFSI, Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Oracle (U.S.), Werner Enterprises (U.S.), MercuryGate (U.S.), SAP SE (Germany), Accenture (Ireland), JDA Software (U..S.), Ceva Logistics (Spain), UPS (U.S.), DB Schenker (Germany), C.H. Robinson TMC (U.S.), Riege Software (Germany), Retrans (U.S.), BluJay Solutions (U.K.), McLeod Software (U.S.), StrategyView (U.S.), Strategy Management (U.S.), Linbis (U.S.), Logisuite (U.S.), DreamOrbit (India), Manhattan Associates (U.S.), Descartes, Magaya Corporation (U.S.), Kuebix (U.S.), ImageSoft (Australia), and 3GTMS (U.S.) |
Market Opportunities |
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Market Definition
An integrated workplace management system (IWMS) is a software platform that assists organisations in optimising the use of workplace resources by managing a company's real estate portfolio, infrastructure, and facilities assets. IWMS technology is an advanced technology platform designed to assist prominent organisations in more effectively managing their RE/FM and asset portfolios. IWMS solutions are typically packaged as a fully integrated suite or as individual modules that can be scaled up and down over time.
Global Integrated Workplace Management System Market Dynamics
Drivers
- high adoption of computerization for business management procedures
The continuous implementation of digital workplace solutions and the computerization of facility management procedures are expected to drive the growth of the market for integrated workplace management systems (IWMS). Businesses are increasingly abandoning traditional methods in favour of digital resolution for processes such as project management, space & facilities management, maintenance & asset management, and lease management.
- Benefits associated with IWMs is augmenting market growth
The rising demand for well-organized and improved operational solutions that result in improved superiority of solutions and services is expected to drive demand for integrated workplace management systems (IWMSs). Furthermore, the benefits provided by these systems, such as data centre consolidation, disaster recovery, real-time tracking, safety and security, lower energy consumption, and integrated processes, are expected to drive the market during the forecast period.
Opportunity
The advancement of advanced technology, combined with the growing need to protect employees at work, will create numerous opportunities for the growth of the integrated workplace management system market during the forecast period.
Restraints
Lack of awareness about the importance of the workplace, as well as the high cost of deployment, are acting as market restraints for integrated workplace management systems during the forecasted period.
This integrated workplace management system market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the integrated workplace management system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Integrated Workplace Management System Market
In the current situation of the Covid-19 pandemic, companies that provide integrated workplace management systems face a number of challenges. The pandemic has forced businesses in a variety of industries to temporarily halt investment in cutting-edge automation programmes. However, beginning in 2021, this spending is expected to increase. Furthermore, the companies are likely to see a significant decline in their revenues, putting additional pressure on them to reduce their overheads. Similarly, the market is expected to benefit from an increase in demand for superior integrated workplace management system solutions, as well as risk management and social distancing profit. This is best suited to the new-fangled rules and guiding principles concerning labour force safety following the pandemic.
Global Integrated Workplace Management System Market Scope
The integrated workplace management system market is segmented on the basis of component, organisation size, deployment, application and industry vertical. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Solution
- Real estate & lease management
- Facilities & space management
- Asset & maintenance management
- Project management
- Environment management
- Services
- Professional services
- Managed services
Organization Size
- Micro Small-to-Midsize Business (SMB)
- Small-to-Midsize Business (SMB)
- Mid-Market Small-to-Midsize business (SMB)
- Large Enterprises
Deployment
- Cloud
- On-premise
Applications
- Property Management
- Maintenance Management
- Space & Move Management
- Technology Management
Industry vertical
- IT & Telecom
- Manufacturing
- Real Estate
- Travel & Transportation
- Retail
- Healthcare
- BFSI
- Others
Integrated Workplace Management System Market Regional Analysis/Insights
The integrated workplace management system market is analysed and market size insights and trends are provided by country, component, organisation size, deployment, application and industry vertical as referenced above.
The countries covered in the integrated workplace management system market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominated the market for integrated workplace management systems (IWMS). This can be attributed to the presence of key vendors such as MRI Software LLC, Accruent FM, Systems, and International Business Machines Corporation in the region. The region's increasing smart building development is expected to drive demand for integrated workplace management system solutions for real estate and lease management, asset and maintenance management, and space management.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Integrated Workplace Management System Market Share Analysis
The integrated workplace management system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to integrated workplace management system market.
Some of the major players operating in the integrated workplace management system market are:
- Oracle (U.S.)
- Werner Enterprises (U.S.)
- MercuryGate (U.S.)
- SAP SE (Germany)
- Accenture (Ireland)
- JDA Software (U.S.)
- Ceva Logistics (Spain)
- UPS (U.S.)
- DB Schenker (Germany)
- C.H. Robinson TMC (U.S.)
- Riege Software (Germany)
- Retrans (U.S.)
- BluJay Solutions (U.K.)
- McLeod Software (U.S.)
- StrategyView (U.S.)
- Strategy Management (U.S.)
- Linbis (U.S.)
- Logisuite (U.S.)
- DreamOrbit (India)
- Manhattan Associates (U.S.)
- Descartes, Magaya Corporation (U.S.)
- Kuebix (U.S.)
- ImageSoft (Australia)
- 3GTMS (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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