Market Size And Forecast: Space And Workplace Management Software 2021-2027 (Global)
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Executive Summary
This report helps strategy, product and marketing officers at firms providing space and workplace management software solutions better understand the 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, calculates that the market will reach $1.1 billion in 2022. It will grow at a CAGR of 15% to surpass $2.1 billion in 2027. For the first time, our analysis breaks the market forecast into six functionality areas, alongside a regional breakdown. We also divide the 2022 spend by customer type, organization size and supplier category. Return-to-work initiatives are driving market growth, as customer firms look to enable hybrid working and better understand their real estate portfolios for rightsizing. However, economic and strategic business uncertainties are forcing some firms to withhold or delay spending.Market Size Data Reflect Aggregate Supplier Revenues, Customer Uptake And Buying Trends
A Diverse Array Of Vendors Play Into The Space And Workplace Management Software Market
Landlords And Medium-Sized Enterprises Are Emerging Customer Groups Accelerating Spending
Global Market Size Will Reach $1.1 Billion In 2022
Global Spend On Space And Workplace Management Software Will Surpass $2.1 Billion In 2027
Figure 2. Definitions For The Six Major Functionality Areas Of Space And Workplace Management Software
Figure 3. 2022 Space And Workplace Software Revenue By Heritage
Figure 4. 2022 Space And Workplace Software Spend By Buyer Type
Figure 5. 2022 Space And Workplace Software Spend By Tenant Buyer Size
Figure 6. 2021-27 Space And Workplace Software Market Nominal Growth By Region
Figure 7. 2021-27 Space And Workplace Software Market Nominal Growth By Functionality Area
About the Authors
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...
Ben Hext
Industry Analyst
Ben is an Industry Analyst in the Verdantix Smart Buildings practice. His current agenda covers hardware and software solutions for energy management, on-site power ...
Rodolphe d’Arjuzon
Chief Product Officer and Co-Founder
Rodolphe co-founded Verdantix in 2008. As Chief Product Officer, he leads the firm’s research strategy and intellectual agenda. With over 20 years of experience in techn...
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