Artificial Intelligence

Global IWMS Marketplace 2020-2025: Aggregate IWMS Market Will Total $13B by 2025, Led by North America

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Dublin, July 15, 2020 (GLOBE NEWSWIRE) — The “Integrated Workplace Management System (IWMS) Marketplace: IWMS Platforms, Software, and Solutions Market Outlook and Forecasts 2020 – 2025” report has been added to ResearchAndMarkets.com’s offering.
Integrated Workplace Management System (IWMS) software represents a combination of five separate modules (1) Property Management, (2) Facility and Space Management, (3) Maintenance Management, (4) Sustainability and Energy Management, and (5) Technology Management. Each software module addresses specific functions powered by Internet of Things (IoT) technologies, as well as Artificial Intelligence (AI), 3D Visualization, and Data Analytics. IWMS solutions as a whole typically include software as well as related services such as network and system integration, professional services, predictive analysis, and more.Improve energy consumption by 10%Improve facility usage efficiency by 42%Reduce facility maintenance costs by 14%Improve workspace management by up to 40%Reduce enterprise asset lifecycle costs by up to 30%The publisher of this report sees the confluence of AI and IoT (AIoT) having a particularly large positive impact on the IWMS solutions market. AIoT will make IWMS solutions more effective and efficient as well as ease the transition towards a less human-intensive workforce. The smart workplace will leverage AIoT for both autonomous decision-making as well as collaborative human-machine oriented cognitive computing approaches. This will manifest in an AIoT embedded IWMS solution market that will exceed $3B globally by 2025.Global and Regional market forecasts for 2020 to 2025AI and IoT embedded solutions market analysis and forecastsQualitative analysis of market drivers, challenges, and opportunitiesAnalysis and forecasts by industry vertical, software and service typeReport FindingsAIoT embedded IWMS solution market will reach $3.75B globally by 2025The aggregate global IWMS market will total $13B by 2025, led by North AmericaOn-premise North America solutions will reach $2.9B by 2025 (22.9% CAGR)More than 85% of IWMS software will have AI embedded capabilities by 2025Up to 62% of the IWMS software market will be driven by the IoT industry by 2025Report BenefitsIWMS market forecasts 2020-2025Analysis of IWMS software and service providersAnalysis of IWMS value chain, use cases, applications and servicesIdentify IWMS deployment and functionality benefits for enterpriseIdentify the competitive landscape for IWMS vendors, strategies, and solutionsIdentify market challenges and opportunities for IWMS products, services, and solutionsKey Topics Covered
1 Executive SummaryFor more information about this report visit https://www.researchandmarkets.com/r/wmvbxhResearch and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
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