Integrated Workplace Management Systems (IWMS) Statistics 2023
– Everything You Need to Know

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Integrated Workplace Management Systems (IWMS) Statistics 2023: Facts about Integrated Workplace Management Systems (IWMS) outlines the context of what’s happening in the tech world.

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Top Integrated Workplace Management Systems (IWMS) Statistics 2023

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Integrated Workplace Management Systems (Iwms) “Latest” Statistics

  • According to Archibus, 51% of assigned seats are unused at any given moment while most organizations prioritize space in cost-savings initiatives.[1]
  • By 2022, 75% of enterprises, according to IDC, will employ mobile solutions to enhance unstructured data gathering at the place of operation, better support distant hybrid workers, and increase resource efficiency.[2]
  • Companies that encourage a choose-your-own-work-style culture will enjoy higher employee retention rates of over 10% by the end of 2020.[3]
  • Facilities office spaces, conference rooms, and workspaces seem to be extensively used, but actual use reveals that they are often only between 50% and 60% occupied, according to Planon.[4]
  • In a study on IWMS savings, Gartner found that smart and efficient administration may save 10-15% on space costs. Process improvements and improved contracting have reduced expenses by 5-8%, while professional lease administration has reduced leasing expenditures by 5-8%.[4]
  • Real estate and facility management expenses account for more than 20% of all expenses incurred by a corporation.[5]
  • The global integrated workplace management system market size was valued $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.[5]
  • The manufacturing segment dominated the market in 2020 and accounted for a share of over 20%.[6]
  • North America dominated the Integrated Workplace Management System (IWMS) market and accounted for the largest revenue share of 32.7% in 2019.[6]
  • In 2020, the facilities and space management market segment led with more than 29% of the market.[6]
  • From 2021 to 2027, the worldwide (IWMS) market is anticipated to expand at a compound yearly growth rate of 12.8%, reaching $7.85 billion.[6]
  • The size of the worldwide (IWMS) market was predicted to be $3.42 billion in 2020 and $3.82 billion in 2021.[6]
  • The on-premise segment dominated the market in 2020 and accounted for a share of over 50%.[6]
  • Businesses may save expenditures by 10% to 15%, according to Gartner, with good space management.[7]
  • According to the most recent Verdantix study, the quality of the user interface was the primary consideration for 80% of executives looking at IWMS software.[7]
  • In the modern workforce, 82% of millennials consider flexibility to be one of the most important criteria when assessing organizations.[7]
  • According to a recent Oxford University survey, more than 80% of mainstream investors take environmental, social, and governance facts into account when making investment choices.[7]

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Reference

  1. archibus – https://archibus.com/
  2. idc – https://blogs.idc.com/2021/01/11/integrated-workplace-management-systems-iwms-for-the-post-pandemic-reality/
  3. envoy – https://envoy.com/blog/what-is-an-integrated-workplace-management-system-iwms/
  4. planonsoftware – https://planonsoftware.com/uk/glossary/iwms/
  5. planonsoftware – https://planonsoftware.com/us/glossary/iwms/
  6. grandviewresearch – https://www.grandviewresearch.com/industry-analysis/integrated-workplace-management-system-market
  7. iofficecorp – https://www.iofficecorp.com/glossary/iwms-software

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