What is Integrated Workplace Management Software Market?
Integrated work-space management systems are developed to manage, track and organise the activities in workplaces. The component to manage involves, real estate, facility budget, maintenance, assets, energy and sustainability efforts, and other. As compared to different approach of managing them with different teams, the integrated work-space management system combines the activities and provides efficient process. In addition, it reduces the costs, saves time, optimise the work-spaces resources to increase the efficiency.
The market study is being classified, by Application (Real Estate management, Facilities management, Capital projects, Maintenance and Energy and Sustainability) and major geographies with country level break-up.
IBM (United States), Oracle (United States), Trimble (United States), Planon (Netherlands), Accruent (United States), ARCHIBUS (United States), Service Works Global (United Kingdom), Causeway (United Kingdom), SAP (Germany) and FSI (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are FM: Systems (United States), I Office (United States), Spacewell (Belgium), MRI Software (United States) and Facilio (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Integrated Workplace Management Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Integrated Workplace Management Software market by Type, Application and Region.
On the basis of geography, the market of Integrated Workplace Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Need to Reduce Paper Based Processes
- Increase in Cloud Based Application Deployments
Restraints
- Lack of Mobile Based Solutions for Real Estate and Facility Management
Opportunities
- Increasing workforce dynamics and competitiveness. A multinational company works globally which needs to take a view of facility portfolios. Hence, the large enterprises are looking to implement integrated workplace management system and increase rate of interest.
Challenges
- Lack of Quality Data to Make Management Decisions
- Lack of Awareness about Facility Management
Market Leaders and some development strategies
In November 2019, I Office has acquired Manager Plus which is a provider of asset and maintenance management software. This acquisition will help the company to provide customers a fully connected employee experience.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations