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Facility Management Market Growth by Execution of New Solutions by 2027 - Oracle, Ramco Systems, Planon, Archibus, FSI
The Insight Partners
Facility Management Market to 2027 - Global Analysis and Forecasts; Deployment Type (On-Premise and Cloud); Solutions & services (Real Estate & Lease Management, Workplace & Space Management, Warehouse & Asset Management, Maintenance & Engineering Services, Environment Management, Design & Construction Management, Consulting, Integration & Deployment and Others) and Application (BFSI, Retail, Transport & Logistics, Pharmaceuticals, Government Utilities, IT & Telecom, Manufacturing and Others)
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Facility Management is an essential part which handles all functions related to enterprise and helps in streaming all the operations with reducing cost. Managing life cycle management of facilities, assets by operating them in terms of changing the plan or by maintaining. Providing diversified facilities such as designing, telecommunication, portfolio, inventory control management and many more. As prescribed in Service level Agreements (SLAs), pressure from government and regulatory bodies on service providers is increasing day-by-day for safety and health related concern due to which there is an increasing demand for outsourcing facility management services which are the major drivers for the growth of market. There are more factors which are driving the market.
Factor restraining the Facility Management Market is lack of information among users' about new services introduced portfolio also assortment is not organized because it is very diversified. Also, shortage of well-equipped tools required for functioning. Nevertheless, there is a shortage of service providers for small scale enterprises plus there are plenty of human, financial resources to execute new solutions, which will create opportunities for the market.
The global Facility Management Software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions. Also, key Facility Management market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are the list of companies for Facility Management Software Market are Qube Global Software, ioffice, FM Systems, Accruent, International Business Machines Corporation, Oracle, Ramco Systems, Planon, Archibus Inc. and FSI (FM Solutions) Limited among others.
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