Facility Management Market size was valued at US$ 51.61 Bn . in 2021 and the total revenue is expected to grow at CAGR 11.20% , reaching nearly US$ 107.29 Bn in 2029.
Facility Management Market Overview
The Facility Management Market Report covers all the major aspects including pricing analysis, strategies, micro and macro market trends and scenarios, and short-term market circumstances, as well as an in-depth look at the main rivals. The regional insights in the report help to get the knowledge of the Facility Management market potential in each country.
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Facility Management Market Report Scope and Research Methodology
The qualitative and quantitative data provided in the report helps to understand the Facility Management market segments, regions that are expected to grow at a faster pace, factors affecting the market, and key opportunities. The report also provides a competitive landscape of the global Facility Management market, allowing you to understand the competition at both domestic and global levels. The Facility Management market players included in the report are reviewed based on key factors such as company size, market share, market growth, revenue, production, and profitability. Porter’s and PESTLE analyses were used to identify the macroeconomic and microeconomic factors that influence Facility Management market growth.
The Facility Management market report provides in-depth insights into the latest trends, dynamics, regional perspectives, and competitive scenarios, as well as a list of key players. The Facility Management market research identifies the most important trends that are expected to impact the industry during the forecast period. This information is used to determine the competitive landscape of key players and factors affecting the Facility Management market.
Facility Management Market Dynamics:
Cloud-based facility management offers reduced operating costs, secure hosting of critical data, quick disaster recovery, improved security, and scalability. These factors are expected to drive market growth.
Outsourcing of facility management is continuously growing in popularity and before outsourcing they review the mix of insourcing, outsourcing on basis of cost, capability, and coverage. Outsourcing is contributing significantly to market growth.
Increased investment in infrastructure by governments in several countries and signing contracts with players to link and complete their infrastructure internally and globally as well is driving the market growth of facility management.
Facility Management Market Regional Insights
Geographically, the report is segmented into several countries, including North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
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Facility Management Market Segmentation
by Solutions
Facility Property Management
Integrated Workplace Management System
Facility Environment Management
Facility Operations & Security Management
Building Information Modeling
by Services
Consulting
SLA Management
Deployment & Integration
Auditing & Quality Assessment
Support & Maintenance
by Deployment Type
Cloud
On-Premises
by Organization Size
Small & Medium Enterprises
Large Enterprises
by Vertical
BFSI
Education
IT & Telecom
Publications & Research
Retail
Manufacturing
Healthcare
Government & Public Administration
Energy & Utilities
Construction & Real Estate
Others
Facility Management Market Key Players
1. IBM
2. Oracle
3. SAP
4. Trimble
5. Accruent
6. MRI Software
7. Planon
8. ServiceChannel
9. Service Works Global
10. FMX
11. Causeway Technologies
12. FM: Systems
13. Space well
14. iOFFICE
15. FSI
16. ARCHIBUS
17. Archidata
18. JadeTrack
19. UpKeep Maintenance Management
20. Apleona
21. FacilityONE Technologies
22. OfficeSpace Software
23. Facilio
24. eFACiLiTY
25. eMaint
26. Axxerion USAFAQS
Key questions answered in the Facility Management Market are:
- What is the expected Facility Management market size by the end of the forecast period?
- What are the global trends in the Facility Management Market?
- What are the upcoming industry applications and trends for the Facility Management Market?
- What are the factors contributing to the final price of Facility Management?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Facility Management Market?
- How is the intervention from regulatory authority is shaping the Facility Management Market?
- What growth strategies are the players considering to increase their presence in Facility Management Market?
- Who are the leading companies and what are their portfolios in Facility Management Market?
- What are the major challenges that the Facility Management Market could face in the future?
- Who held the largest market share in Facility Management Market?
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Key Offerings:
- A detailed Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Regional Insights
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Industry Recommendations
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