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
MMR published a report on the Facility Management Market. The report is a combination of primary and secondary data, and it has been analyzed by domain experts from both a local and global perspective. The report provides a detailed analysis of the market size and share in each region and segment, making it an invaluable resource for investors.
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Facility Management Market Report Scope and Research Methodology
The report provides an in-depth analysis of the Facility Management market at the global, regional, and country levels. It provides a comprehensive analysis of the competitive landscape of the Facility Management industry, including the business strategies adopted by the key players. The report includes a list of the Facility Management key competitors, along with information on their revenue, production capacity, sales, and global presence. SWOT analysis was used to identify the strengths and weaknesses of the key players in the Facility Management industry. Detailed information on the Facility Management market dynamics, including drivers, restraints, opportunities, and challenges, is also provided in the report.
The bottom-up approach was used to estimate the global and regional Facility Management market size. Both primary and secondary research methods were used to gather data on market size, market share, regional insights, market dynamics, the performance of key players, and historical data of the industry. The report also includes a detailed value chain analysis, which helps to understand the manufacturing process of Facility Management , with information on raw materials, customers, and distributors. It also includes Porter’s and PESTLE analysis, as well as market attractiveness, which helps to understand the Facility Management market at the macro and micro levels.
Facility Management Market Drives
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.
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Facility Management Market Regional Insights
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Facility Management market in these countries, which covering 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.
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
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Key Questions answered in the Facility Management Market Report are:
- What is the expected Facility Management market size by 2029?
- What will be the CAGR of the Facility Management market during the forecast period?
- Which segment held the largest share in the Facility Management market?
- How is the competitive scenario of the Facility Management market?
- Which are the key factors driving the Facility Management market growth?
- What are the factors restraining the Facility Management market growth?
- Which region holds the maximum share in the Facility Management market?
- Who are the key players in the Facility Management market?
Key Offerings:
- A detailed Market Overview
- Market Share
- Market Size
- Market Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
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