Market Size And Forecast: IWMS 2019-2024 (Global)
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Executive Summary
This report helps executives at IWMS software firms and prospective investors understand the future growth prospects of the IWMS software market. To create a clear boundary for the market data, the forecast covers software expenditure on 23 IWMS platforms and it excludes revenues from related services and other product categories such as CAFM or CMMS. Based on a bottom-up analysis of vendor revenues and survey data from 304 interviews with buyers, the study finds that expenditure on IWMS software will total $534 million in 2020 and grow to $737 million in 2024. The analysis also finds that IWMS vendors can tap into a multi-billion dollar opportunity by taking market share from CAFM, CMMS and point solution vendors that comprise the global smart building software market (see Verdantix Smart Buildings Software: Market Size And Forecast 2018-2023 (Global)).Defining The IWMS Software Market
2019 Market-Size Data Is Calculated From Vendor Revenues And Customer Adoption Data
Market Forecast Drivers Reflect National, Market And Segment-Specific Factors
Global Expenditure On IWMS Software Will Reach $534 Million In 2020
IWMS Vendors Have Access To A Multi-Billion Dollar Software Market
Real Estate Managers’ Strategies To Centralize Data And Software Will Drive Spending In The Long-Term
IWMS Software Market Expenditure Will Grow At A 8% CAGR To Reach $737 Million By 2024
Figure 2. IWMS Market Segmentation By Functionality
Figure 3. 2020 IWMS Software Market Size By Region ($millions)
Figure 4. 2020 IWMS Software Market Size By Functionality Area ($millions)
Figure 5. IWMS Vendors Can Address A Multi-Billion Dollar Market
Figure 6. COVID-19 Is Having Positive And Negative Impacts On The IWMS Software Market
Figure 7. IWMS Market Size And Forecast By Functionality Area ($millions)
Figure 8. IWMS Market Size And Forecast By Region ($millions)
Figure 9. 2019-2024 CAGRs For IWMS Spending By Functionality Area
About the Authors
Susan Clarke
Research Director
Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace managem...
Joy Trinquet
Senior Analyst
Joy is a Senior Analyst at Verdantix, specializing in real estate, facilities and workplace technology, with a particular focus on integrated workplace management systems/conn...
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Rodolphe d’Arjuzon
Chief Product Officer and Co-Founder
Rodolphe co-founded Verdantix in 2008. As Chief Product Officer, he leads the firm’s research strategy and intellectual agenda. With over 20 years of experience in techn...
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