Market Size And Forecast: IWMS 2019-2024 (Global)

Access this research

A Smart Buildings subscription is needed to access this content.

Please choose an option below

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)).

Table of contents

Market For IWMS Software Is Set For Steady Growth  
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

Table of figures

Figure 1. Scope Of The IWMS Market Size Analysis 
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 management systems and IoT platforms for buildings. Her research expertise also includes a broad range of energy management technologies and energy services. Susan has eight years of experience in technology research. She holds a MSc from the University of London in Sustainable Development.

Joy Trinquet

Senior Analyst

Joy is a Senior Analyst in the Verdantix Smart Buildings practice. Her current research agenda focuses on building digital twins, BIM for operations, smart building systems integration as well as architecture, engineering and construction software. Joy joined Verdantix in 2019, and previously worked at BNP Paribas Asset Management. She holds a bachelor’s degree in economics with a concentration in policy as well as dual minors in computer science and business studies from New York University.

Rodolphe d’Arjuzon

Global Head of Research and Finance Director

Rodolphe co-founded Verdantix in 2008 and directs the firm’s research strategy across all practice areas. He also leads the Smart Buildings practice on an interim basis. Rodolphe has over twenty years of experience in technology research and strategy consulting. He previously worked for Barclays Bank and L.E.K. Consulting. Rodolphe holds a PhD in Physics from Cambridge University.

Related Reports

Not a Verdantix client yet?

Register with Verdantix for authoritative data, analysis and advice to allow your business to succeed.