Press release
Unified Facility Management Market 2019 Growth Analysis By Oracle, International Business Machines, Archibus, SAP SE, CA Technologies, Trimble Navigation, iOffice, Accruent, Planon, FM Systems
The global unified facility management market is growing rapidly over ~15% of CAGR and is expected to reach at USD ~ 70 Billion by the end of forecast period. The global unified facility management market is bifurcated on the basis of components, deployment type, applications and region. The components are segmented into software, service, solution and others.Global Unified Facility Management Market, By Components (Software, Service, Solution), By Deployment Type (On Cloud, On Premises), By Applications (BFSI, IT & Telecom, Healthcare, Education, Retail) - Forecast 2023
Key Players:
The prominent players in the global unified facility management market are – Oracle Corporation (U.S.), International Business Machines Corporation (U.S.), Archibus, Inc. (U.S.), SAP SE (Germany), CA Technologies (U.S.), Trimble Navigation, Ltd. (U.S.), iOffice Corporation (U.S.) Accruent LLC. (U.S.), Planon Corporation (Netherlands), FM Systems, Inc. (U.S.) and among others.
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Market Scenario:
The study reveals that unified facility management is trending in North America region. The growing requirement of organization to create efficiencies, service delivery at the low cost and others, has boost the market growth of unified facilities management in last few years. The unified facility management market is growing with the growing trend of digital technology. The advanced technologies including Internet of Things, Big Data, 3D printing, energy management, and others are on the verge of breaking into the region. With the adoption of unified facilities management, the companies are looking overseas for future growth, and are trying to penetrate in small medium organizations and others.
In North America region, the unified facility management demand is growing with huge demand among various verticals such as retail, manufacturing, real estate, healthcare and other. The prominent companies such as Oracle Corporation (U.S.), FM Systems, Inc. (U.S.) are offering unified facility management solutions that can improve the performance at reduced cost. Due to the changing market trends & emerging opportunities, unified facility management market is estimated to grow with huge demand in the market.
The advanced unified facility management are growing with digitization, automation and the Internet of Things for maintaining an improved workplaces and better end results. The company like GE, IBM, SAP and others, are providers of IoT platform, has went into collaboration with facility service providers, such as CBRE, ISS World, and ENGIE, to provide a unified facilities management solution by integrating with multiple building automation systems.
The regional analysis of unified facility management market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in unified facility management market as it has huge demand in many sectors including healthcare, real estates and other sectors. The unified facility management market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for unified facility management market and expected to be the highest CAGR in the coming years as the companies are taking interest in targeting the unified facility management in these markets to meet the requirement of customers’ need.
Global Unified facility management Market Segmentation:
The global unified facility management market is bifurcated based on components, deployment type, applications and region. The components are segmented into software, service, solution and others. The deployment type is segmented into on cloud, on premises and others. The applications are segmented BFSI, IT and telecom, healthcare, education, retail and others. The region includes North America, Europe, Asia Pacific and rest of the world.
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Market Research Analysis:
On geographic basis, global unified facility management market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the unified facility management market. The unified facility management are gaining huge demand in various sectors such as education, healthcare and others. In this market, Europe is to be estimated to be the second largest market share for unified facility management during the forecast period. Asia Pacific is expected to forecast the highest CAGR in the coming years.
TABLE OF CONTENTS
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Unified Facility Management Market: By Components
1.3.2 Global Unified Facility Management Market: By Deployment Type
1.3.3 Global Unified Facility Management Market: By Applications
1.3.4 Global Unified Facility Management Market: By Region
Continued…
LIST OF TABLES
Table 1 Unified Facility Management Market, By Components
Table 2 Unified Facility Management Market, By Deployment Type
Table 3 Unified Facility Management Market, By Applications
Continued…
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LIST OF FIGURES
Figure 1 Research Methodology
Figure 2 Unified Facility Management Market: By Components (%)
Figure 3 Unified Facility Management Market: By Deployment Type (%)
Continued…
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