Computer Aided Facility Management (CAFM) Market Study by Business Base Distribution And Competitive Dynamics 2021-2031 | AssetWorks LLC, Idox plc, Elecosoft, FMX, ScienceSoft Inc

New York, According to a new market research report published by Global Insight Services Computer Aided Facility Management (CAFM) Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Computer Aided Facility Management (CAFM) is a system that uses computers to help manage and maintain facilities. CAFM systems can be used to track and schedule maintenance, track inventory, and manage customer service requests. CAFM systems often include features such as work order management, asset management, and space management.

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Key Trends

The key trends in Computer Aided Facility Management (CAFM) technology are:

1. Increased use of cloud-based solutions: CAFM software is increasingly being offered as a cloud-based solution, which offers many benefits in terms of flexibility and scalability.

2. Increased use of mobile apps: Mobile apps are becoming increasingly popular for CAFM, as they offer a convenient way for users to access the software from anywhere.

3. Increased integration with other systems: CAFM software is being increasingly integrated with other systems such as CRM and ERP, which offers a more holistic view of the business.

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Key Drivers

The key drivers of the Computer Aided Facility Management (CAFM) market are the need for improved operational efficiency, asset management, and cost reduction.

The need for improved operational efficiency is one of the major drivers of the growth of the CAFM market. The traditional facility management methods are time-consuming and often result in the wastage of resources.

The need for asset management is another major driver of the growth of the CAFM market. The traditional facility management methods often result in the misuse and overuse of assets.

The need for cost reduction is another major driver of the growth of the CAFM market. The traditional facility management methods are often associated with high costs.

Market Segments

The computer aided facility management market is segmented by solution, end-user, and region. By solution, the market is classified into software, and services. Based on the end-user, it is bifurcated into IT & telecom, BFSI, manufacturing, healthcare, automotive, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

The global computer aided facility management market includes players such as IBM Corporation, AssetWorks LLC, Idox plc, Elecosoft, FMX, ScienceSoft Inc, Ultimo Software Solutions Ltd., FSI Limited, Hippo CMMS, ServiceChannel, and others.

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Reasons to buy Computer Aided Facility Management (CAFM) Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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