The Asia Pacific Integrated Workplace Management System Market would witness market growth of 16.9% CAGR during the forecast period (2020-2026). An integrated workplace management system (IWMS) is a software platform that is widely used by IT, facilities management, and real estate professionals in order to manage the end-to-end life cycle of corporate facilities. It is helpful in optimizing the use of workplace resources to provide a better employee experience. It also contributes to cost containment by checking the real estate portfolio. Integrated workplace management system solutions largely comprise functionalities like capital project management, lease management, space and facilities management, sustainability and energy management, asset & maintenance management, and others.
The integrated workplace management system models are expected to play an integral role in business processes owing to the huge economic value produced by them. With the deployment of an integrated workplace management system, organizations are capable of taking action proactively in a variety of functions. Government regulations about energy-efficient buildings and environment-friendly and rise in focus on sustainability are further driving the demand for integrated workplace management systems in these regions.
Furthermore, an increase in cloud adoption and an increase in investment in facilities management are likely to drive the growth of the integrated workplace management system market during the forecast. The COVID-19 pandemic created an opportunity for workplace managers to reduce the financial burden by capitalizing more on existing space. This introduces activity-driven practices that fill the workplace with fresh plans after the pandemic.
Based on Component, the market is segmented into Solution and Services. Solution Segment is further bifurcated across Facilities & Space Management, Real Estate & Lease Management, Asset & Maintenance Management, Project Management and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Manufacturing, BFSI, IT & Telecom, Healthcare, Real Estate & Construction, Retail and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Integrated Workplace Management System Market in Asia Pacific is expected to register a CAGR of 16.9% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, SAP SE, Fortive Corporation (Accruent), Nemetschek Group (Spacewell International), Trimble, Inc., Oracle Corporation, Planon Corporation, iOFFICE, Inc., Archibus, Inc., and Nuvolo Technologies Corporation.
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By Deployment Type
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Companies Profiled
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