In a recently published report, Integrated Workplace Management System (IWMS) Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Integrated Workplace Management System (IWMS) Market products.
Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10336419
Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Integrated Workplace Management System (IWMS) Market is valued approximately USD 2.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 12.5 % over the forecast period 2020-2027. Integrated workplace management system (IWMS) is a software platform that helps organizations to optimize the use of workplace resources, including the management of a company’s real estate portfolio, infrastructure and facilities assets. The global Integrated Workplace Management System (IWMS) market is facing challenges due to the coronavirus pandemic as halted projects and low profitabilities.
However, return of the workforce at the workplace post-COVID-19 demands an advanced IWMS solution with risk management capabilities and social distancing benefits, as IWMS is a requirement for infrastructure and manufacturing companies. The growing cloud-based application deployments, increasing competitiveness and workforce dynamics, growing importance of corporate social responsibilities across the globe and increasing government regulatory compliances are the few factors responsible for growth of the market over the forecast period. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: in June 2020, IBM launched Watson Works, AI models and applications to address post-COVID-19 workplace requirements, such as workplace re-entry, prioritizing employee health, facilities management, space allocation, contract retracing, and communication and collaboration. However, unexplored benefits of facility and workplace management is the major factor restraining the growth of global Integrated Workplace Management System (IWMS) market during the forecast period.
The regional analysis of global Integrated Workplace Management System (IWMS) market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the increasing developments in smart building. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
IBM
Oracle
Trimble
Accruent
SAP
Planon
Archibus
Service Works Global
Causeway Technologies
Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10336419
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
Solution
Services
By Deployment Type:
On-premises
Cloud
By Organization Size:
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
By Vertical:
Public Sector
IT and Telecom
Manufacturing
BFSI
Real Estate and Construction
Retail
Healthcare
Education
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Integrated Workplace Management System (IWMS) Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10336419
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
Contact Us
Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609