Workspace Management Software Market

Workspace Management Software Market: The planning and maintenance are done
peculiarly with this software
Market Overview:
Workspace management software is very helpful for the new companies as it deals with the
infrastructure and facilities assets. The planning and maintenance are done peculiarly with this
software. This is more appropriate in analyzing the real property assets like purchase and lease
activities. Also, this management process will include in designing of new facilities or to
remodel the existing ones with proper usage of resources at expected cost. Going with a
strategic plan, any organization can certainly move with profits and this point can be satisfied
with the workspace management software. The Workspace management software market is
expected to reach USD 816.12 million by 2022, growing at a CAGR of around 15% during the
forecast period.
Market Drivers and Restraints:
Increasing new entry level players and their demand to have optimization in the utilization of
the resources is major driving factor for the market. Growing prevalence to have proper space
planning is propelling the demand of the market. Rise in the capital income in both developed
and developing countries is accelerating the growth of the market.
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Report segmented as
By functions:
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real estate management,
capital project management,
facilities management,
maintenance management
Geographical Analysis:
Regionally, the global workspace management software market is segmented into Asia pacific,
North America, Europe, Middle East and Africa. North America is holding largest shares of the
market from the past decade and is expected to continue the same in the foreseen years. Rise
in the scale of end user industries is primary factor for the market to grow enormously. In
addition, increasing investments on IT sector to develop new systems is leveraging the demand
of this market. Asia Pacific is following North America in leading highest shares of the market
with the increasing scale of the end user industries. Also, rise in support from the public and
private organizations is gearing up the demand of the market.
Europe is accounted to have the highest growth rate and anticipated significant growth rate in
coming years. Introduction of various applications with the latest technological developments is
escalating the demand of the market. Middle East and Africa is inclined to have huge growth
opportunities in the near future with the rise in the awareness towards the management
processes.
Important Market Players:
Companies like Asure Software, Condeco Group, IBM, Planon and Yardi Systems are dominating
the shares of the workspace management software market.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation
of the market. It helps us understand the market better through size anticipation and CAGR
calculation to estimate the next market. It has a broader segmentation for better
understanding of the enterprising of the market at a low level by segregating the market into
smaller sectors.
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence
and consulting. We have rich experience in research and consulting for various business
domains to cater to the needs of both individual and corporate clients.
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Abhishek Shukla
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Email: [email protected]
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Workspace Management Software Market Report 2018 is an inclusive analysis of Industry Demand, Trends, Size, Opportunities, and forecasts the market size and growth to 2022.