North America Integrated Workplace Management System Market By Component (Solution and Services), By Deployment Type (On-premise and Cloud), By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By End User (Manufacturing, BFSI, IT & Telecom, Healthcare, Real Estate & Construction, Retail and Others), By Country, Industry Analysis and Forecast, 2020 - 2026
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The North America Integrated Workplace Management System Market would witness market growth of 13.4% CAGR during the forecast period (2020-2026). Presently, the market is acquiring momentum around technologies like IoT, advanced analytics, mobility, SaaS, cutting-edge new sensors, and new development environments, allowing more demand for enterprise integration than ever, which ultimately, is impacting the deployment of IWMS across associations. The IWMS platform can join over social media, impacting space utilization and project collaboration. IWMS can support device and machine data from meters, sensors, smartphones, and many more thereafter driving operations, facilities, and decision automation.
The continuous automation of facility management processes and increased adoption of digital workplace solutions are anticipated to drive market growth. Organizations are opting for conventional approaches and shifting to digital solutions for activities like facilities and space management, lease management, asset management, and project management. Apart from this, the increasing demand for effective and improved operational solutions will lead to the better sophistication of solutions and services which is anticipated to boost the demand for integrated workplace management systems (IWMSs). Moreover, benefits offered by these systems like real-time tracking, integrated processes, less energy consumption, safety and security, disaster recovery, and data center consolidation, are expected to fuel the market over the forecast period.
The adoption of technologies like advanced sensors, advanced analytics, Software as a Service (SaaS), and mobility is gaining popularity across the globe, and thus increasing the demand for enterprise integration. All these factors will lead to the increased deployment of IWMS in various organizations. Many organizations across the world lack insights and transparency in their facilities and corporate processes and related data. The IWMS deployment in any organization offers transparency across all relevant aspects as it helps in making structured and standardized data repository for the corporate processes. The demand for IWMS is expected to increase over the forecast period due to rising awareness about the benefits of this software in several organizations.
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 U.S., Mexico, Canada, and Rest of North America.
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.
Scope of the Study
Market Segments Covered in the Report:
- Facilities & Space Management
- Real Estate & Lease Management
- Asset & Maintenance Management
- Project Management
By Deployment Type
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By End User
- IT & Telecom
- Real Estate & Construction
- Rest of North America
- IBM Corporation
- SAP SE
- Fortive Corporation (Accruent)
- Nemetschek Group (Spacewell International)
- Trimble, Inc.
- Oracle Corporation
- Planon Corporation
- iOFFICE, Inc.
- Archibus, Inc.
- Nuvolo Technologies Corporation
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