Market Size And Forecast: Space And Workplace Management Software 2020-2026 (Global)
Ibrahim Yate
Susan Clarke
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Executive Summary
This report helps strategy, product and marketing officers at firms providing space and workplace management software solutions to better understand the addressable market opportunity, define business development strategies and forecast future revenue growth potential. The Verdantix model, which is based on updated supplier revenues and current macroeconomic drivers, including the current progression of global COVID-19 vaccine programmes, estimates that the market will reach $0.9 billion in 2021. The market will then grow at a compound annual growth rate (CAGR) of 13% to surpass $1.7 billion in 2026. For the first time, the analysis also breaks out 2021 spend by supplier category, functionality area and building type. Market growth is being driven by return-to-work initiatives, the allocation of budgets that were previously frozen in the wake of the pandemic outbreak, and the need to prepare for more agile working environments.Market-Size Data Segment Supplier Revenue Across Heritage, Functionality And Asset
The Global Market Size Will Reach $0.9 Billion In 2021
In 2021, Over 80% Of Spend Will Focus On Office, Education And Healthcare Facilities
Global Spend On Space And Workplace Management Software Will Surpass $1.7 Billion In 2026
Workplace Management Software Suppliers Need To Plan For An Increasingly Competitive Market
Figure 2. 2021 Workplace Management Software Revenue By Supplier Heritage
Figure 3. Workplace Management Software Revenue Forecast By Region 2020-2026 ($m)
Figure 4. 2021 Workplace Management Software Revenue By Modular Functionality Area
Figure 5. 2021 Workplace Management Software Revenue By Building Asset Type
About the Authors
Ibrahim Yate
Senior Analyst
Ibrahim is a Senior Analyst in the Verdantix Smart Buildings practice, which he joined in 2016. His current agenda covers innovation in software and hardware solutions for spa...
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...
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