Press release
Facility Management Market To Witness Marvelous Growth: Competitive Outlook by IBM Corporation, Oracle Corporation, SAP SE, CA Technologies, Inc., Accruent, LLC, Oracle, Trimble, Autodesk
New York, April 20, 2020 -- databridgemarketresearch.com announces the release of the report "Facility Management Market" Size, Share & Trends Analysis Report By 2025. This Facility Management market report also enriches with historic data, present market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry. With such data and facts, it becomes easy to have an actionable idea, enhanced decision-making and better mapping business strategies. Thus, the consistent and extensive market information of this report will definitely help grow business and improve return on investment (ROI). To bestow clients with the most excellent results, This Facility Management market research report has been generated by using integrated approaches and the latest technologyThe global facility management market size is anticipated to grow from the valuation of USD 34.61 billion in the year 2017 to USD XX billion by the end of the year 2025, growing at a Compound Annual Growth Rate (CAGR) of 11.1% forecast to 2025.
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The emerging trend of digitalization, along with the increasing adoption of the Internet of Things (IoT) and cloud-based software, currently represent the key factors driving the growth of the market. The utilization of advanced technologies, such as cloud computing and augmented reality (AR) for managing a building, have enabled managers to reduce their dependency on human resources and improve their operational efficiencies
The North American region holds a lion's share in the Global Facility Management Market during the forecast period
North America is the biggest contributor to the facility management market development as far as market size, as it is an innovatively propelled area.
Waste management solutions enable facility management teams to weigh and manage multi-stream wastes from a wide range of buildings and facilities, such as office blocks, hospitals, hotels and restaurants, universities, retail stores, care homes, airports, and exhibition centers.
Competitive Landscape: Facility Management Market
CA Technologies,
IBM,
Oracle,
SAP,
Trimble,
Autodesk,
Archibus,
Archidata,
Emaint,
FM:Systems,
FSI,
Hippo Cmms,
Facilities Management Express,
Planon,
Accruent,
Facilityone Technologies,
Indus Systems,
Ioffice,
Jadetrack,
MCS Solutions,
Maintenance Connection,
Metricstream,
Nemetschek,
Officespace,
Apleona, and others
The report includes an in-depth competitive analysis of the key players in the facility management market along with their company profiles, recent developments, and key market strategies. The report segments the facility management market by solution, service, organization size, deployment type, vertical, and region.
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Key Market Segmentation: Facility Management Market
Market Breakup by Service:
Deployment and Integration
Auditing and Quality Assessment
Support and Maintenance
Consulting
Service Level Agreement Management
Market Breakup by Deployment Type:
On-Premises
Cloud
Market Breakup by Solution:
Integrated Workplace Management System
Facility Operations and Security Management
Building Information Modeling
Facility Property Management
Facility Environment Management
Market Breakup by Organization Size:
Small and Medium Size Enterprises
Large Enterprises
Market Breakup by Vertical:
Banking, Financial Services, and Insurance
IT and Telecom
Government and Public Administration
Healthcare
Education
Retail
Energy and Utilities
Others
BY REGION
North America
o U.S.
o Canada
Europe
o Germany
o France
o UK
o Italy
o Rest of Europe
Asia-Pacific
o Japan
o China
o India
o South Korea
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o Africa
Facility management encompasses multiple disciplines to ensure the functionality of the built environment by integrating people, place, process, and technology. Also, facility management is the coordination of a facility's operations meant to make the organization as a whole more effective at what it does. The facility management is applied in various industry verticals like retail, education, and healthcare, among others as per the need of the business.
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