Global Integrated Workplace Management System (IWMS) Market Is Expected to Reach $5.78 Billion by 2027: Says AMR

Allied Market Research
·5 min read

Rise in adoption of workflow automation solutions by real estate organizations, focus on energy management by government, and increase in corporate social responsibilities (CSR) activities fuel the growth of the global integrated workplace management system market. By deployment, the on-premise segment held the major share in 2019. By region, on the other hand, the market across Asia-Pacific would register the fastest CAGR by 2027.

Portland, OR , April 20, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global integrated workplace management system (IWMS) market was pegged at $2.34 billion in 2019 and is estimated to hit $5.78 billion by 2027, registering a CAGR of 12.9% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Rise in adoption of workflow automation solutions by real estate organizations, focus on energy management by government, and increase in corporate social responsibilities (CSR) activities fuel the growth of the global integrated workplace management system market. On the other hand, lack of awareness regarding IWMS solutions and scarcity of skilled workforce impede the growth to some extent. Nevertheless, emergence of IoT and AI technologies is expected to create lucrative opportunities in the future.

Download Report Sample (150 Pages PDF with Insights) at https://www.alliedmarketresearch.com/request-sample/7554

Covid-19 scenario-

  • The extended lockdown across several countries led to shutdown of a number of manufacturing, construction, and retail units across the world, giving way to decreased demand for IWMS system from these sectors.

  • However, the demand for IWMS experienced a steep increase from the healthcare sector as the system ensures improved efficiency.

  • This drift is likely to continue even the post pandemic scenario, as IWMS solutions is likely to gain momentum as organizations would try to formulate occupancy scenarios on workplaces to adhere to social distancing policies.

Get detailed COVID-19 impact analysis on the integrated workplace management system (IWMS) market: https://www.alliedmarketresearch.com/request-for-customization/7554

The global integrated workplace management system (IWMS) market is analyzed across component, deployment, enterprise size, industry vertical, and region. On the basis of deployment, the on-premise segment accounted for nearly three-fifths of the total market share in 2019, and is expected to lead the trail throughout the forecast period. At the same time, the cloud segment is expected to portray the fastest CAGR of 16.6% from 2020 to 2027.

On the basis of industry vertical, the manufacturing segment contributed to more than one-fifth of the total market revenue in 2019, and will maintain the lion’s share throughout the forecast period. Simultaneously, the healthcare segment would cite the fastest CAGR of 15.6% from 2020 to 2027.

On the basis of region, North America held the major share in 2019, generating nearly two-fifths of the global integrated workplace management system market. Asia-Pacific, on the other hand, is expected to manifest the fastest CAGR of 15.7% by 2027. The other two regions covered under the report include LAMEA and Europe.

The leading market players analyzed in the global integrated workplace management system (IWMS) market report include Oracle, Accruent, Nuvolo, SAP SE, Planon Corporation, iOFFICE, Inc., Spacewell International, IBM, Archibus, Inc., and Trimble. These market players have adopted different strategies including partnership, expansion, collaboration, joint ventures, and others to reinforce their status in the industry.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/7554

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:

hthttps://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:

https://www.alliedmarketresearch.com/avenue/trial/starter

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

CONTACT: Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow Us on: LinkedIn Twitter