Market Size And Forecast: Space And Workplace Management Software 2020-2026 (Global)

Ibrahim Yate

Ibrahim Yate

Susan Clarke

Susan Clarke

28 Jun, 2021

Access this research

Access all Real Estate, Facilities & Workplace Tech content with a strategic subscription or buy this single report

Need help or have a question about this report? Contact us for assistance

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. 
New Opportunities Open Up In Space And Workplace Software Market As Pandemic Fades
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 $1.7 Billion In 2026
Workplace Management Software Suppliers Need To Plan For An Increasingly Competitive Market
Figure 1. Verdantix Market Size And Forecast Approach 
Figure 2. 2021 Workplace Management Software Revenue By Supplier Heritage 
Figure 3. Workplace Management Software Revenue Forecast By Region 2020-2026 ($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

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

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...

Other related content

Blog
Real Estate, Facilities & Workplace Tech
Green Quadrant Benchmark Reveals What R...

The latest Verdantix benchmark of commercial buildings computerized maintenance management system (CMMS) providers has officially launched. Facilities teams are under pressure to...

08 September, 2025

Webinar
Asset Maintenance Software & Services
Why Software Is The Key To Five-Star Fi...

Our research shows that field service leaders face three critical roadblocks to a superior customer experience: inefficient legacy systems, data silos, and insufficient technolo...

Upcoming / 30 September, 2025

Webinar
AEC
AI & The Future Of Facilities: Building...

As real estate and facilities teams rethink their tech stacks for a decarbonized, digitized future, AI is taking centre stage. This webinar explores how leading firms are applying ...

Upcoming / 25 September, 2025

Webinar
AEC
The 2025 Construction Software Leaders:...

Confused by the crowded construction tech landscape? This webinar breaks down key insights from the first-ever Green Quadrant for Construction Management Software. Discover how lea...

20 August, 2025

Blog
Real Estate, Facilities & Workplace Tech
Courts And Beds And Slides, Oh My! The ...

It’s 8am, you’ve just woken up, you have an in-person meeting at 9am and your home is at least an hour commute away from the office… BUT panic does not ensue because you’ve spent t...

04 July, 2025

Blog
AI-First Platforms & Applications
Agentic AI Is Quietly Reshaping Real Es...

You may not see them, but behind the scenes of many modern office towers, data centres and logistics hubs, intelligent AI agents are now in control – adjusting HVAC systems, predic...

02 July, 2025