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

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.