Global Integrated Workplace Management (IWMS) Systems Market is valued at USD 2.40 Billion in 2019 and expected to reach USD 5.14 Billion by 2026 with the CAGR of 11.50% over the forecast period.
The Europe Integrated Workplace Management (IWMS) Systems Market research report delivers a comprehensive analysis on the newest market drivers. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the competitive spectrum and growth trends embraced by leading manufacturers in the business.
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Market Analysis of Europe Integrated Workplace Management (IWMS) Systems –
Integrated workplace management system (IWMS) is a software platform that helps organizations optimizes the use of workplace resources, including the management of a company’s real estate portfolio, infrastructure and facilities assets. IWMS is software that helps facilities management and corporate real estate management professionals optimize their use of both space and resources to save money and be more efficient. Hence, this combines various software applications in order to provide professionals in these fields with high-level management information. The application helps optimize the use of facility space user can manage physical spaces within buildings manage employees and book and schedule rooms.
In the Covid-threatened workplace, that same technology is now being used to safely return employees to the workplace. However, the next-generation integrated workplace management systems (IWMS) such as Trimble’s Manhattan ONE software suite make it easier for CRE and facility management professionals to gain a clear understanding of the optimum workspace capacity for each setting. At present sensors can also be used to support a safe, phased return to work for employees. These combined with an IMWS solution, organizations can leverage sensors to collect and report on key data for monitoring and planning workspace occupancy, usage, and cleaning. These combined IWMS and sensor technology in place, companies can analyse data to plan and deploy a successful back-to-the-office strategy and optimize safety in a pre-vaccine workplace.
Europe Integrated Workplace Management (IWMS) Systems market report is segmented on the basis of product type, application, and by regional & country level. Based on product type, Europe Integrated Workplace Management (IWMS) Systems market is classified as the cloud based and on premises. Based upon application Europe Integrated Workplace Management (IWMS) Systems market is classified into real estate, finance, retail, government, telecom, energy, healthcare, education and others.
The regions covered in this Europe Integrated Workplace Management (IWMS) Systems market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of IWMS is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Europe Integrated Workplace Management (IWMS) Systems Drug-
Some major key players for Europe Integrated Workplace Management (IWMS) Systems market are Oracle, IBM, iOFFICE, SpaceIQ, Maintenance Connection, Accruent, Planon, ARCHIBUS, Flairsoft, NJW Limited, GoSpotCheck, Axxerion, Trimble Manhattan and Others
Europe Integrated Workplace Management (IWMS) Systems Market Dynamics –
The rapidly increasing adoption of cloud platform across different end use industries has augmented value to this product market. According to Telecom Regulatory Authority of India (TRAI) in 2015, the proportion of cloud IT infrastructure sales in the cloud industry climbed to 33.8% in last quarter of 2015, up from 28.7% a year ago. The revenue from infrastructure sales to the private cloud sector grew by 18.8% to 2.9 billion while sales to the public cloud rose by 25.9% to 4.6 billion. Moreover, rising cloud technology demand of multiple benefits to the integrated workplace management system market such as real-time tracking, integrated processes, less energy consumption, safety and security, disaster recovery and data center consolidation.
According to Cisco IBSG there will be 25 billion devices connected to the Internet by 2015 and 50 billion by 2020, this is important to note that these estimates into account rapid advances in Internet or device technology. However, the lacking awareness related to the lying importance of facility and workplace management is hampering the growth of the IWMS market share in the coming future. The integration of IWMS with emerging technologies such as IoT are one of the biggest opportunities, as they can act as a game-changer technology for managers. The adoption of IoT will significantly simplify the operations, as data can be automatically collected through sensors, which can later be analyzed for maintenance operation at the maximum efficiency. The use of IoT will significantly lessen the pressure on workplace management tools, such as Computerized Maintenance Management System (CMMS), and help in getting accurate results in minimum time. Furthermore, the IWMS platform can connect over social media, impacting project collaboration, and space utilization. Additionally, the IWMS can support machine and device data from sensors, meters, smartphones etc. thereby driving operations decisions and facilities automation.
Key Benefits for Europe Integrated Workplace Management (IWMS) Systems Market Reports–
- Europe Integrated Workplace Management (IWMS) Systems Market report covers in depth historical and forecast analysis.
- Europe Integrated Workplace Management (IWMS) Systems Market research report provides detail information about Market Introduction, Market Summary, Europe market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Europe Integrated Workplace Management (IWMS) Systems Market report helps to identify opportunities in market place.
- Europe Integrated Workplace Management (IWMS) Systems Market report covers extensive analysis of emerging trends and competitive landscape.
Europe Integrated Workplace Management (IWMS) Systems Market Segmentation
By Product Type
- Cloud Based
- On Premises
- Real Estate
By Regional & Country Analysis:
- North America
- Asia Pacific
- Southeast Asia
- Latin America
- Middle East and Africa
- Rest of Middle East and Africa
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