Insights on the Global Workspace Management Software Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats

The workspace management software market is expected to grow by USD 1.11 billion, accelerating at a CAGR of almost 13% during the forecast period. Download Free Sample Report

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Technavio has announced its latest market research report titled Global Workspace Management Software Market 2020-2024 (Graphic: Business Wire)

Increased need for optimized space planning is one of the major factors propelling market growth. However, the high cost of implementation will hamper market growth.

The optimal use of total floor space is one of the major challenges faced by organizations while finalizing their floor planning strategy. This is crucial as a clear understanding of the use of space can benefit organizations significantly in terms of operational costs. Hence, organizations are embracing workspace management software to optimize floor plans and analyze the performance of the workplace in various configurations. These solutions can also be used to optimize lighting and HVAC projects while designing the workspace to ensure optimal usage of energy. All these factors are contributing to the growth of the global workspace management software market.

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Global Workspace Management Software Market: Deployment Landscape

Based on the deployment, the cloud-based deployment segment is going to witness lucrative growth during the forecast period. The segment is mainly driven by the growing focus of organizations towards reducing their expenditure on IT infrastructure. Also, the need for increased flexibility, agility, and efficiency of their marketing operations is contributing to the growth of the segment.

Global Workspace Management Software Market: Geographic Landscape

By geography, North America will see lucrative growth during the forecast period due to the presence of several prominent vendors in the region. In addition, the increasing focus on space regulations by the Government of Canada is expected to fuel the growth of the workspace management software market in North America.

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Companies Covered

  • Accruent
  • AgilQuest Corp.
  • Asure Software Inc.
  • Condeco Group Ltd.
  • FM Systems Group
  • International Business Machines Corp.
  • iOFFICE LP
  • Matrix42 AG
  • Planon Shared Services BV
  • Yardi Systems Inc.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

     

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Deployment

  • Market segments
  • Comparison by Deployment
  • Cloud-based – Market size and forecast 2019-2024
  • On-premise – Market size and forecast 2019-2024
  • Market opportunity by Deployment

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Accruent
  • AgilQuest Corp.
  • Asure Software Inc.
  • Condeco Group Ltd.
  • FM Systems Group
  • International Business Machines Corp.
  • iOFFICE LP
  • Matrix42 AG
  • Planon Shared Services BV
  • Yardi Systems Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

For more information about this report visit https://www.technavio.com/report/workspace-management-software-market-industry-analysis

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200902005046/en/

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