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Integrated Workplace Management Systems (IWMS) Market Surges to USD 12.80 Billion by 2030, Propelled by 12.8% CAGR – Verified Market Reports®

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As enterprises prioritize digital transformation and sustainability, the demand for IWMS solutions is surging. These systems enable centralized management of real estate, assets, facilities, and environmental data, delivering critical insights that drive cost efficiency, enhance employee experience, and support regulatory compliance. Verified Market Reports® report dives into the market’s latest trends, challenges, and opportunities, offering a roadmap for strategic growth.

LEWES, Del., Nov. 12, 2024 /PRNewswire/ — The Global Integrated Workplace Management Systems (IWMS) Market is projected to grow at a CAGR of 12.8% from 2024 to 2030, according to a new report published by Verified Market Reports®. The report reveals that the market was valued at USD 4.69 Billion in 2023 and is expected to reach USD 12.80 Billion by the end of the forecast period.

The Integrated Workplace Management Systems (IWMS) market is driven by the growing need for organizations to optimize facility management, reduce operational costs, and enhance productivity. Increased adoption of cloud-based solutions and IoT integration is further propelling market growth, enabling real-time monitoring and data-driven decision-making. Additionally, the rising demand for sustainability and energy efficiency in workplaces is encouraging the deployment of IWMS solutions.

However, the market faces restraints such as the high initial investment and integration complexities of IWMS platforms. The lack of skilled professionals to manage these systems and concerns regarding data security also hinder adoption. Small and medium-sized enterprises (SMEs) may struggle with the affordability and scalability of such solutions. Despite these challenges, the market continues to expand as more businesses prioritize efficient space utilization and facility management.

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Browse in-depth TOC on Integrated Workplace Management Systems (IWMS) Market

202 – Pages
126 – Tables
37 – Figures

Scope of The Report

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2021-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2021-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

SpaceIQ, IBM, OfficeSpace Software, Link Systems, Nuvolo, iOffice, Gensler, Affinety Solutions, RIW Software Technology, BudgeTrac Systems, Bellrock Group

SEGMENTS COVERED

By Type, By Application, By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Global Integrated Workplace Management Systems (IWMS) Market Overview

Increasing Demand for Operational Efficiency

The growing need for businesses to streamline operations and reduce costs is driving the adoption of Integrated Workplace Management Systems (IWMS). Companies are focusing on enhancing productivity through automation and real-time data analysis, which IWMS solutions provide. By integrating various business processes like facility management, asset tracking, and space planning, IWMS helps organizations optimize resource utilization, reduce downtime, and ensure a more efficient workspace. This drive for operational excellence is a major catalyst for the market’s expansion.

Rise in Remote and Hybrid Work Models

The shift towards remote and hybrid work environments has increased the demand for smarter and more flexible workplace management tools. IWMS enables organizations to manage office space usage, monitor employee attendance, and optimize space allocation in real time. This is crucial for companies that need to balance physical and virtual workspaces effectively, ensuring that office resources are being used efficiently. The ability to adapt to changing work patterns has made IWMS an essential tool in managing modern workplace dynamics.

Growing Focus on Sustainability and Environmental Impact

As organizations face increasing pressure to reduce their environmental footprint, IWMS plays a key role in driving sustainability initiatives. With features such as energy management, waste reduction, and carbon footprint tracking, IWMS solutions help businesses monitor and reduce their environmental impact. By optimizing energy consumption, improving waste management, and ensuring compliance with environmental regulations, IWMS supports the transition towards greener and more sustainable business practices, further fueling its market growth.

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High Initial Implementation Costs

One of the key restraints limiting the growth of the Integrated Workplace Management Systems (IWMS) market is the high upfront investment required for system implementation. The costs associated with purchasing software, integrating it with existing infrastructure, and training staff can be a significant barrier for small and medium-sized enterprises (SMEs). Many businesses are hesitant to invest in IWMS due to concerns over return on investment (ROI), especially when the system’s benefits are not immediately apparent. This financial hurdle limits wider adoption and slows market expansion.

Complex Integration with Legacy Systems

Another challenge for IWMS market growth is the complexity involved in integrating these advanced systems with legacy technologies. Many organizations rely on older, siloed software systems that may not be compatible with modern IWMS solutions. This integration can require significant time, effort, and technical expertise, which can deter companies from adopting IWMS. The difficulty in ensuring smooth data migration and system interoperability often leads to delays and increased costs, further hindering market growth.

Resistance to Change and Adoption Challenges

The transition to an IWMS often requires a cultural shift within an organization, which can face resistance from employees and management. Employees may be reluctant to adopt new technologies, especially if they are unfamiliar with the systems or fear the loss of control over their tasks. Additionally, management may be skeptical about the benefits of IWMS, particularly if they are already managing operations with existing methods. This resistance to change can result in slow adoption rates, limiting the market’s overall growth potential.

Geographic Dominance

The Integrated Workplace Management Systems (IWMS) market demonstrates significant geographic dominance across several key regions. North America, led by the U.S., holds a prominent share, driven by the increasing adoption of IWMS solutions in corporate offices and the growing need for efficient space and asset management. Europe also plays a crucial role, with countries like the UK and Germany witnessing robust demand due to advancements in workplace technology and regulatory compliance. In Asia-Pacific, emerging markets, especially China and India, are experiencing rapid growth due to the expanding corporate sector and a focus on digital transformation. Meanwhile, Africa and the Rest of the World are gradually catching up, as businesses in these regions are increasingly seeking IWMS solutions to enhance operational efficiency. The global market dynamics reflect diverse regional trends, influenced by varying levels of technological adoption and market maturity.

Integrated Workplace Management Systems (IWMS) Market Key Players Shaping the Future

Major players, including SpaceIQ, IBM, OfficeSpace Software, Link Systems, Nuvolo, iOffice, Gensler, Affinety Solutions, RIW Software Technology, BudgeTrac Systems, Bellrock Group and more, play a pivotal role in shaping the future of the Integrated Workplace Management Systems (IWMS) Market. Financial statements, product benchmarking, and SWOT analysis provide valuable insights into the industry’s key players.

Integrated Workplace Management Systems (IWMS) Market Segment Analysis

Based on the research, Verified Market Reports® has segmented the global Integrated Workplace Management Systems (IWMS) Market into Type, Application and Geography.

Integrated Workplace Management Systems (IWMS) Market, By TypeOn PremisesCloud-basedIntegrated Workplace Management Systems (IWMS) Market, By ApplicationLarge CompaniesSmall and Medium Sized CompaniesIntegrated Workplace Management Systems (IWMS) Market, By GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America

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About Us

Verified Market Reports® ­stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, Verified Market Reports has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, Verified Market Reports leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

Verified Market Reports’ domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Reports® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights Verified Market Reports’ dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

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Cineverse Podcast Network Expands with Midnight Pulp and RetroCrush Audio Series, and New True Crime Show Creepy Places

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New Shows Join Top-10 Podcast Network as it Celebrates Record Growth Driven by Popular Horror Lineup Under the BloodyFM Sub-brand

LOS ANGELES, Nov. 25, 2024 /PRNewswire/ — Cineverse Podcast Network, the audio division of next-gen entertainment studio Cineverse (Nasdaq: CNVS), has today announced a major expansion that goes well beyond its horror roots. Now home to popular entertainment, true crime and horror podcasts, the Cineverse Podcast Network is well-positioned to build upon its recent success.

In fact, Cineverse has grown its podcast revenue 98% during the fiscal quarter that ended Sept. 30 year over year and 60% from the previous quarter. The Cineverse Podcast Network also recorded 15 million downloads and listens in October, setting a new monthly record.

Among the drivers of this growth is Creepy Places: A True Crime Podcast, which recently launched via a partnership between Cineverse’s fan-first horror brand Bloody Disgusting and host Jon Grilz. The popular show at the intersection of true crime and historical hauntings has attracted 1.3 million monthly downloads since premiering in September and joins other additions to Cineverse’s growing podcast portfolio:

The iconic horror brand Dead Meat brings its dedicated fan base and over 200 episodes to Cineverse with the recently signed Dead Meat Podcast, hosted by Chelsea Rebecca and James A. Janisse, creators of the Dead Meat YouTube channel with over 6.6 million subscribers.Extending Cineverse’s popular action/cult movie streaming brand of the same name, Midnight Pulp will premiere in 2025. Hosted by Diana Prince, who plays “Darcy the Mail Girl” on Shudder’s top series The Last Drive-in with Joe Bob Briggs, each episode of the podcast will explore an entry from the streaming video channel, with Prince taking questions from listeners on everything from relationship advice to movie recommendations.Following a soft launch earlier this year, RetroCrush is Cineverse’s first official podcast created for anime fans. Hosts Malcolm Crawford, C2 and “it’s Eman” – three well-known anime fans – explore the hidden gems and popular shows featured on Cineverse’s RetroCrush streaming channel in weekly episodes.

“From partnering with talent and IP that come with pre-existing fan bases, to leveraging our owned-and-operated brands like Bloody Disgusting, Midnight Pulp and RetroCrush – all part of the company through strategic acquisitions from the past few years – we have quietly built one of the industry’s top podcast networks,” said Cineverse President and Chief Strategy Officer Erick Opeka. “Creators and partners – including advertisers, platforms and studios – are seeing this success and now coming to us to explore opportunities to work together in audio, and we are well-positioned to grow even further in the new year.”

These new podcasts follow other recently released shows on the Cineverse Podcast Network:

Mayfair Watchers Society: The chart-topping fiction podcast returned in May with Season 2, featuring 24 episodes every other week. Created in partnership with Trevor Henderson, the author of Scarewaves and prominent horror artist, the series brings Henderson’s creatures to life and features a full cast, original music and immersive sound design.Nightmare Soup: The horror fiction anthology podcast also premiered earlier this year, taking listeners back to their favorite horror stories from childhood. Inspired by iconic books like Scary Stories to Tell in the Dark and Goosebumps, the 10-episode series airs every other Sunday.

Now home to more than 50 shows and ranking among the top 10 podcast networks by audience, the Cineverse Podcast Network has set the stage for significant ad sales growth over the next few quarters.

ABOUT CINEVERSE

On a mission to uplift storytellers and entertain fans with the power of technology, Cineverse  (NASDAQ: CNVS) distributes over 71,000 premium films, series, and podcasts. Engaging over 150 million unique monthly users, Cineverse delivers more than one billion minutes of curated content each month – connecting fans with stories that resonate.

With properties like the box office sensation Terrifier 3, iconic horror destination Bloody Disgusting, the Bob Ross Channel, women’s entertainment channel Dove, and a leading podcast network, Cineverse is the first stop for audiences seeking authentic and experiential content. From a vibrant range of content and fandom channels, to next-gen advertising offerings and streaming solutions, Cineverse is setting the stage for a new era of entertainment.

Press Contacts:

For Media
The Lippin Group for Cineverse, cineverse@lippingroup.com

For Investors
Julie Milstead, investorrelations@cineverse.com

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SOURCE Cineverse Corp.

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Neighborly Appoints Stacy Lynn Bourgeois as Chief Marketing Officer

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WACO, Texas, Nov. 25, 2024 /PRNewswire/ —  Neighborly®, the world’s largest home services company, today announced the appointment of Stacy Lynn Bourgeois as its new Chief Marketing Officer (CMO), effective December 2. She will serve as a member of Neighborly’s corporate leadership team and report directly to CEO Mike Davis.

Stacy Lynn brings a wide array of experience in business and brand strategy, organizational leadership, customer insight, data analytics, and marketing technology,” said Davis. “Her expertise and innovative approach to marketing will be instrumental in helping us better connect with our customers, differentiating our brands, making Neighborly and our service brands ridiculously easy to do business with while navigating an increasingly competitive landscape.”

The fanatical focus on the end consumer also serves Neighborly’s core mission of driving same-store sales growth with its franchise business owners. Bourgeois’ mixed background in both franchising and non-franchised business makes her uniquely qualified to deliver for both our customers, end-consumers, and franchise business owners.

Bourgeois is a strategic marketer who has driven double-digit growth while compiling a breadth of experiences. Throughout her career, she has launched new physical and digital products as well as a new restaurant concept at Yum! brands, stood up several new teams such as performance marketing and data science, implemented a new marketing technology stack, and led Pizza Hut through an agency review and countless creative campaigns.

She joins Neighborly from Amazon, where she broadened her scope from marketing to business more holistically in roles such as Global Head of Product, Quality & Operations for Amazon Renewed or U.S. Head of Musical Instruments. In her time with Amazon, she’s enhanced the discoverability of preowned products, increased conversion rates, simplified customer experience, improved operations, and owned a multibillion-dollar P&L. Even in general management-focused roles, she’s anchored on driving growth through the customer – such as offering free lessons with an instrument purchase on Amazon.

I am thrilled to be joining the incredible team at Neighborly and support our franchise owners,” said Bourgeois. “Customers invite Neighborly and our brands into their homes, which is deeply personal and requires tremendous trust. My goal is to earn this trust by listening to and innovating for customers in a way that builds lasting relationships with our amazing brands.”

Bourgeois will be based in Irving, Texas.

About Neighborly®

Neighborly® is the world’s largest home services company with more than 30 brands and 5,500 franchises collectively serving 14 million+ customers by repairing, maintaining, and enhancing their homes and businesses. Through Neighborly.com and the Neighborly mobile app, we connect consumers to local service providers that meet rigorous franchisor standards across 19 service categories. More information about Neighborly, and its franchise concepts, is available at Neighborlybrands.com. To learn about franchising opportunities with Neighborly, click here.

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SOURCE Neighborly

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EHA Highlights Commitment to Innovation and Collaboration at ASH Annual Meeting

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THE HAGUE, Netherlands, Nov. 25, 2024 /PRNewswire/ — The European Hematology Association (EHA) will showcase its dedication to advancing research and fostering collaboration at the 66th American Society of Hematology (ASH) Annual Meeting and Exposition from December 7-10, 2024, in San Diego, California, USA.

The partnership between EHA and ASH is testament to both organizations’ commitment to progress and improving patient care. The EHA-ASH Joint Symposium, scheduled for Sunday, December 8 from 12:30-13:30 (PDT), will focus on myelodysplastic syndromes, showcasing expert insights from Amy DeZern of Johns Hopkins University and Matteo Della Porta of Humanitas Cancer Center. EHA President Antonio Almeida remarked, “The collaboration between EHA and ASH holds immense significance for the global medical community. Both organizations serve as pivotal platforms for advancing the understanding, research, education, and treatment of blood disorders. […] By combining our strengths, together, we can enhance research, education, advocacy, and patient care, generating significant benefits that resonate across nations and communities.” This joint session is another milestone in a fruitful collaboration that continues to shape the future of hematology.

In 2024, EHA reached unprecedented levels of engagement, connecting more professionals than ever. Membership surged by 25%, bringing EHA’s community to over 8,300 members, and the EHA2024 Congress attracted a record-breaking 17,900 delegates. This growth reflects EHA’s commitment to a member-focused approach, empowering professionals to exchange knowledge, collaborate on research, and share best practices on a global scale.

HemaSphere, EHA’s peer-reviewed journal, has recently achieved a significant milestone with a 2023 Impact Factor of 11.9, ranking it seventh among hematology journals globally. This development is a testament to the high-quality, cutting-edge research that HemaSphere publishes and its value to the hematology community.

With a vision for “Borderless Hematology,” EHA will continue to drive global connectivity, innovation, and excellence.

ASH delegates are invited to learn about EHA at booth #300.

About EHA

The European Hematology Association (EHA) is a membership organization serving a community of over 8,000 medical professionals, researchers, and scientists with an active interest in hematology. EHA is the largest Europe-based organization connecting hematologists worldwide and supports career development and research, harmonizes hematology education, and advocates for hematologists and hematology.

Website: www.ehaweb.org

“Towards prevention, cure, and quality of life for all patients with blood disorders”.

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SOURCE European Hematology Association (EHA)

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