Are you looking to add Integrated Workplace Management Systems (IWMS) to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Integrated Workplace Management Systems (IWMS) statistics of 2024.
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Best Integrated Workplace Management Systems (IWMS) Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 27 Integrated Workplace Management Systems (IWMS) Statistics on this page 🙂Integrated Workplace Management Systems (IWMS) Market Statistics
- The global integrated workplace management system market size was valued at $2.34 billion in 2019, and is projected to reach $5.78 billion by 2027, growing at a CAGR of 12.9% from 2020 to 2027. [0]
- According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology. [1]
- With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. [1]
- In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2027. [1]
- The global Integrated Workplace Management System market size is projected to grow from USD 2.6 billion in 2020 to USD 4.6 billion by 2025, at a Compound Annual Growth Rate of 12.5 % from 2020 to 2025. [2]
- Additionally, market players are expected to witness a significant decline in their revenues in 2020, which is likely to put additional pressure on them to reduce costs. [3]
- The facilities and space management segment dominated in 2020 and accounted for over 29% of the market. [3]
- The professional services segment dominated the market in 2020 and accounted for a share of over 65%. [3]
- The on premise segment dominated the market in 2020 and accounted for a share of over 50%. [3]
- The large enterprises’ segment dominated the market in 2020 with a share of over 60%. [3]
- End use Insights The manufacturing segment dominated the market in 2020 and accounted for a share of over 20%. [3]
- Regional Insights North America dominated the integrated workplace management system market in 2020 with a share of over 30%. [3]
- The global IWMS market size was estimated at USD 3.42 billion in 2020 and is expected to reach USD 3.82 billion in 2021. [3]
- The global IWMS market is expected to grow at a compound annual growth rate of 12.8% from 2021 to 2027 to reach USD 7.85 billion by 2027. [3]
- North America dominated the IWMS market with a share of 32.52% in 2020. [3]
- The onpremise segment accounted for the highest revenue share of over 50% in 2020 as on premise IWMS market solutions are widely adopted by large enterprises with sufficient budgets, established physical servers, and expert technicians. [3]
Integrated Workplace Management Systems (IWMS) Software Statistics
- In the latest Verdantix research, 80% of executives considering IWMS software said the quality of the user interface was the most important factor influencing their decision. [4]
Integrated Workplace Management Systems (IWMS) Latest Statistics
- IDC predicts thatby 2024, 75% of organizations will use mobile solutions to improve unstructured data collection at the point of activity, better support remote/hybrid workers, and optimize resource productivity. [5]
- Market AsiaPacific would exhibit the highest CAGR of 15.7% during 2020. [0]
- Get 20% Off On Various License Types. [1]
- 80% of fortune 2000 companies rely on our research to identify new revenue sources. [2]
- It is expected to expand at a compound annual growth rate of 12.8% from 2021 to 2027. [3]
- Opening of offices post the COVID 19 pandemic, organizations are likely to adopt transitional measures such as workplace distancing to ensure no further spread of the viral disease. [3]
- This year for example, Sports Direct bought House of Fraser out of administration, John Lewis saw its profits fall 99% and Debenhams has had to deny insolvency plans following a number of store closures. [6]
- In the infographic below for example, 37% of our global survey respondents in the retail and consumer goods sectors said they are either trialling or evaluating an Integrated Workplace Management System solution during 2018 and 2019. [6]
- “The main results currently include up to 30% savings in data collection, management and updates on our retail concessions and other spaces, plus as much as 80% savings on data calculation and updates for our regulatory accounting responsibilities.”. [7]
- “It is estimated, for example, that 70% of BIM value is realized in operations management using EIM. [7]
I know you want to use Integrated Workplace Management Systems (IWMS), thus we made this list of best Integrated Workplace Management Systems (IWMS). We also wrote about how to learn Integrated Workplace Management Systems (IWMS) and how to install Integrated Workplace Management Systems (IWMS). Recently we wrote how to uninstall Integrated Workplace Management Systems (IWMS) for newbie users. Don’t forgot to check latest Integrated Workplace Management Systems (IWMS)statistics of 2024.
Reference
- alliedmarketresearch – https://www.alliedmarketresearch.com/integrated-workplace-management-system-iwms-market-A07189.
- taiwannews – https://www.taiwannews.com.tw/en/news/4394501.
- marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/integrated-workplace-management-system-market-49902186.html.
- grandviewresearch – https://www.grandviewresearch.com/industry-analysis/integrated-workplace-management-system-market.
- wikipedia – https://en.wikipedia.org/wiki/Integrated_workplace_management_system.
- idc – https://blogs.idc.com/2021/01/11/integrated-workplace-management-systems-iwms-for-the-post-pandemic-reality/.
- verdantix – https://www.verdantix.com/blog/can-iwms-software-drive-meaningful-change-in-the-ailing-retail-sector.
- spaceiq – https://spaceiq.com/.
How Useful is Integrated Workplace Management Systems
One of the greatest benefits of IWMS is their ability to bring together multiple aspects of workplace management into a single, integrated platform. This not only helps to break down organizational silos and promote collaboration among different departments, but also allows for more effective decision-making based on holistic data and insights. By providing a centralized repository for all workplace-related information, IWMS make it easier for organizations to keep track of their assets, spaces, and resources, ultimately leading to better allocation and utilization.
Another key advantage of IWMS is their role in driving operational efficiency and cost reduction. By automating processes and workflows, these systems eliminate much of the manual work traditionally associated with workplace management, freeing up valuable time and resources for more strategic activities. This can result in significant savings for organizations in terms of both time and money, helping them to operate more efficiently and effectively in today’s competitive business environment.
Furthermore, IWMS offer organizations greater visibility and control over their facilities and operations. With real-time data and analytics at their fingertips, decision-makers can make informed choices about everything from lease negotiations to maintenance schedules, ensuring that resources are used in the most optimal way possible. This increased visibility also helps organizations to identify trends and patterns over time, empowering them to better plan for the future and adapt to changing business needs.
In addition to operational benefits, IWMS can also have a positive impact on employee experience and satisfaction. By creating a more seamless and user-friendly workplace environment, these systems can help to enhance productivity and collaboration among employees. Features such as booking tools, wayfinding systems, and mobile apps can make it easier for employees to navigate the workplace and access the resources they need, ultimately leading to a more positive and engaging work environment.
Despite these advantages, however, it is important to acknowledge that IWMS are not a one-size-fits-all solution. The effectiveness of these systems will ultimately depend on a variety of factors, including the specific needs and goals of an organization, the complexity of its operations, and the level of investment and training required to implement the system successfully. In some cases, organizations may find that a more tailored or niche solution better suits their needs, rather than a one-size-fits-all IWMS.
Overall, while Integrated Workplace Management Systems offer many benefits in terms of streamlining operations, reducing costs, and improving employee experience, their usefulness ultimately depends on how well they are implemented and integrated within an organization. It is essential for organizations to carefully evaluate their needs and objectives before investing in an IWMS, and to continuously monitor and adjust their use of the system to ensure maximum effectiveness and value. Ultimately, with the right strategy and approach, IWMS can prove to be a valuable tool for modern workplaces looking to stay ahead in an increasingly competitive and fast-paced business landscape.
In Conclusion
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