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Integrated Workplace Management System Market Insights Growth Opportunities 2024

The Integrated Workplace Management System market saw a rise mainly due to increased adoption of Internet of Things (IoT), and Information and Communications Technology (ICT) across different industry verticals. The demand for IWMS is driven by the requirement of improved and efficient operational solutions, which is leading toward an increased sophistication of solutions and services. 

 

Professional services are categorized into 3 categories, namely, Information Technology (IT) consulting, system integration and deployment, and support and maintenance. The professional services segment growth is mainly attributed to the increasing complexities in business operations and growing deployment of IWMS solutions. 

 

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The vendors in the market help securely deploy the IWMS solutions, into their clients’ premises, allowing them to scale functionalities, manage and upgrade the solutions with ease.  Verticals such as Banking, Financial Services and Insurance (BFSI) and healthcare prefer the on-premises deployment of the IWMS solutions, as security is a top priority for them. 

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This changing workforce is technology-savvy and believes in the usage of new technologies, such as smartphones, internet, cloud deployment, and online businesses, at the workplace. In the past, most organizations designated workstations where employees worked for hours.