TMCNet:  Workspace Management Software Market: USD 1.37 billion Growth from 2020 to 2025 | Several New Vendors to Enter the Market | Technavio

[June 14, 2022]

Workspace Management Software Market: USD 1.37 billion Growth from 2020 to 2025 | Several New Vendors to Enter the Market | Technavio

NEW YORK, June 14, 2022 /PRNewswire/ -- Workspace management software solutions are used for managing and optimizing asset management, room scheduling, hoteling, and workplace utilization. These solutions help end-users optimize floor plans and analyze the performance of the workforce. Moreover, the use of mobile applications for workspace management has improved efficiency.

Technavio estimates that the workspace management software market size will grow by USD 1.37 billion from 2020 to 2025. The growth momentum of the market will accelerate at a CAGR of 14% during the forecast period.

Get a comprehensive report summary describing the market size and forecast along with research methodology. The sample report is available in PDF format

Porter's Five Forces Analysis

  • Threat of New Entrants

The concentration of new vendors that only focus on workspace management is moderate. However, several new and small vendors are expected to enter the market during the forecast period Due to the need for low capital investments. Hence, the threat of rivalry will be high during the forecast period.

The Report offers information on all the Porter's Five Forces. Buy Now to gain insights that will help you improve your business.

Vendor Landscape

The competition in the workspace management software solutions market is high. This is attributed to factors such as the presence of several vendors. Moreover, various local vendors have entered the market, which has led to price wars and competitive pricing. During the forecast period, competition between the vendors is expected to intensify due to an expansion of product and service portfolios of vendors and technological innovations. Some of the key vendors operating in the market include AgilQuest Corp., Asure Software Inc., Condeco Group Ltd., FM Systems Group LLC, Fortive Corp.

The report provides a full list of key vendors, their strategies, and the latest developments. Request a PDF Sample Now

Market Segmentation

The workspace management software market has been segmented by deployment into in-cloud-based and on-premise. Among these, the cloud-based segment will have significant market share growth during the forecast period. Cloud-based software solutions enable organizations to operate in a quick and efficient manner. They are commonly provided as service as a solution (SaaS). Organizations adopt cloud-based solutions to implement cost-effective and flexible IT solutions.

By geography, the market has been segmented into North America, Europe, APAC, South America, and the Middle East and Africa. North America will have the highest market growth during the forecast period. The US is the major contributor of revenue to the market in the region. Workspace management software solutions can be deployed to address such challenges associated with coworking, such as booking meeting rooms.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a PDF Sample Report

Key Drivers and Trends

The increased need for optimized space planning will drive the growth of the global workspace management software market during the forecast period. These solutions help organizations address the challenge of optimal use of the total floor space. For instance, Asure Software provides a meeting room booking system, which includes integrated tools to monitor and track occupancy and utilization data using on-site sensors.

The increased use of mobile applications for workspace management is a trend in the market. The widespread usage of smartphones and tablets has increased the use of smart devices to access the capabilities of workspace management software solutions. This enables businesses to easily access and exchange data with employees working remotely. They can also use mobile devices or touch panels situated outside conference rooms to identify and book rooms.

Apart from the increased use of mobile applications for workspace management, many other trends are also shaping the future of the market. View PDF Sample Report to learn about these trends

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Workspace Management Software Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 14%

Market growth 2021-2025

USD 1.37 billion

Market structure

Fragmented

YoY growth (%)

12.18

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 33%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AgilQuest Corp., Asure Software Inc., Condeco Group Ltd., FM Systems Group LLC, Fortive Corp., International Business Machines Corp., iOFFICE LP, Matrix42 AG, Planon Shared Services BV, and Yardi Systems Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

Table of Contents

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Application software market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Deployment

  • 5.1 Market segments
    • Exhibit 15: Deployment - Market share 2020-2025 (%)
  • 5.2 Comparison by Deployment
    • Exhibit 16: Comparison by Deployment
  • 5.3 Cloud-based - Market size and forecast 2020-2025
    • Exhibit 17: Cloud-based - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Some prominent cloud-based workspace management software offerings
    • Exhibit 19: Cloud-based - Year-over-year growth 2020-2025 (%)
  • 5.4 On-premise - Market size and forecast 2020-2025
    • Exhibit 20: On-premise - Market size and forecast 2020-2025 ($ million)
    • Exhibit 21: Some prominent on-premise workspace management software offerings
    • Exhibit 22: On-premise - Year-over-year growth 2020-2025 (%)
  • 5.5 Market opportunity by Deployment
    • Exhibit 23: Market opportunity by Deployment

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 25: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 26: Geographic comparison
  • 7.3 North America - Market size and forecast 2020-2025
    • Exhibit 27: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
  • 7.4 Europe - Market size and forecast 2020-2025
    • Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
  • 7.5 APAC - Market size and forecast 2020-2025
    • Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 37: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 38: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 39: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 40: Vendor landscape
  • 9.3 Landscape disruption
    • Exhibit 41: Landscape disruption
    • Exhibit 42: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 43: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 44: Market positioning of vendors
  • 10.3 AgilQuest Corp.
  • 10.4 Asure Software Inc.
    • Exhibit 49: Asure Software Inc. - Overview
    • Exhibit 50: Asure Software Inc. - Business segments
    • Exhibit 51: Asure Software Inc. - Key offerings
  • 10.5 Condeco Group Ltd.
    • Exhibit 52: Condeco Group Ltd. - Overview
    • Exhibit 53: Condeco Group Ltd. - Product and service
    • Exhibit 54:Condeco Group Ltd. - Key news
    • Exhibit 55: Condeco Group Ltd. - Key offerings
  • 10.6 FM Systems Group LLC
    • Exhibit 56: FM Systems Group LLC - Overview
    • Exhibit 57: FM Systems Group LLC - Product and service
    • Exhibit 58: FM Systems Group LLC - Key offerings
  • 10.7 Fortive Corp.
    • Exhibit 59: Fortive Corp. - Overview
    • Exhibit 60: Fortive Corp. - Business segments
    • Exhibit 61:Fortive Corp. - Key news
    • Exhibit 62: Fortive Corp. - Key offerings
    • Exhibit 63: Fortive Corp. - Segment focus
  • 10.8 International Business Machines Corp.
    • Exhibit 64: International Business Machines Corp. - Overview
    • Exhibit 65: International Business Machines Corp. - Business segments
    • Exhibit 66: International Business Machines Corp. - Key offerings
    • Exhibit 67: International Business Machines Corp. - Segment focus
  • 10.9 iOFFICE LP
    • Exhibit 68: iOFFICE LP - Overview
    • Exhibit 69: iOFFICE LP - Product and service
    • Exhibit 70:iOFFICE LP - Key news
    • Exhibit 71: iOFFICE LP - Key offerings
  • 10.10 Matrix42 AG
    • Exhibit 72: Matrix42 AG - Overview
    • Exhibit 73: Matrix42 AG - Product and service
    • Exhibit 74: Matrix42 AG - Key offerings
  • 10.11 Planon Shared Services BV
    • Exhibit 75: Planon Shared Services BV - Overview
    • Exhibit 76: Planon Shared Services BV - Product and service
    • Exhibit 77: Planon Shared Services BV - Key offerings
  • 10.12 Yardi Systems Inc.
    • Exhibit 78: Yardi Systems Inc. - Overview
    • Exhibit 79: Yardi Systems Inc. - Product and service
    • Exhibit 80:Yardi Systems Inc. - Key news
    • Exhibit 81: Yardi Systems Inc. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 82: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 83: Research Methodology
    • Exhibit 84: Validation techniques employed for market sizing
    • Exhibit 85: Information sources
  • 11.4 List of abbreviations
    • Exhibit 86: List of abbreviations
About Us

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