Facility Management Market: Industry Report, Growth, Demand, Key Players And Forecast 2022-2027

According to IMARC Group's latest research report, titled "Facility Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global facility management market size reached a value of US$ 55.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 116.5 Billion by 2027, exhibiting at a CAGR of 13.36% during 2022-2027.

Facility management (FM) is an integrated system of various technologies used for enhancing the efficiency of residential and commercial spaces. It offers a variety of services and disciplines that ensure the safety, comfort, and functionality of the built structure. Additionally, they are utilized for equipment maintenance, business continuity, environmental sustainability, space planning, portfolio forecasting, and emergency preparedness. Some of the commonly used facility management solutions include operations and security management, computer-aided facilities management (CAFM), communications management, real estate, and property management, environmental stewardship and sustainability project and building management. As a result, it is extensively utilized across the banking, finance service and insurance (BFSI), education, and healthcare sectors.

Get Free Sample Copy of Report at - https://www.imarcgroup.com/facility-management-market/requestsample

Global Facility Management Industry Demand Analysis:

The global market is majorly driven by the increasing demand from the construction sector. This can be attributed to the escalating number of renovation and repair activities across residential spaces along with the expansion of railways, roadways, highways, and airports. Apart from this, the advent of integrated facility management (IFM) that simplifies repetitive operations and combine office-related functions is significantly supporting market growth. Moreover, the integration of augmented reality (AR) and cloud computing for enhancing operational efficiencies is another growth-inducing factor. Furthermore, the increasing utilization of FM services to manage on-the-go, home-based, after-hours, and employees and outsourcing services, which are contributing to the market growth. Some other factors driving the market further include the accelerating adoption of the software-as-a-service (SaaS) deployment model and rapid digitization.

Top Facility Management Companies Worldwide :

• IBM
• Oracle
• Trimble
• CA Technologies
• SAP
• Archibus
• Accruent
• Maintenance Connection
• MCS Solutions
• Planon
• Ioffice
• Jadetrack
• Metricstream
• Emaint
• Facilities Management Express etc.

Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/facility-management-market

Key Market Segmentation:

Breakup by Solution:

• Integrated Workplace Management System
• Facility Operations and Security Management
• Building Information Modeling
• Facility Property Management
• Facility Environment Management

Breakup by Service:

• Deployment and Integration
• Auditing and Quality Assessment
• Support and Maintenance
• Consulting
• Service Level Agreement Management

Breakup by Deployment Type:

• On-Premises
• Cloud

Breakup by Organization Size:

• Small and Medium Size Enterprises
• Large Enterprises

Breakup by Vertical:

• Banking, Financial Services, and Insurance
• IT and Telecom
• Government and Public Administration
• Healthcare
• Education
• Retail
• Energy and Utilities
• Others

Visit Full Blog on Top Facility Management Companies: https://www.imarcgroup.com/facility-management-companies

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Browse More Research Reports:

• https://www.einnews.com/pr_news/595105754/indian-sericulture-silk-market-to-reach-inr-1-032-8-billion-by-2027-growth-rate-cagr-of-18-4
• https://www.einnews.com/pr_news/595129494/indian-agricultural-implements-market-to-reach-us-16-3-billion-by-2027-cagr-of-6-83
• https://www.einnews.com/pr_news/595121948/india-circuit-breaker-market-research-report-2022-2027-industry-growth-rate-cagr-6-2-top-companies-share-forecast
• https://www.einnews.com/pr_news/594509964/plant-based-seafood-market-research-report-2022-2027-global-industry-demand-top-producers-share-growth-rate-forecast

Contact us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgro
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.