Facility Management Market With Covid-19 Impact and Market Size, Share, Growth Factors, Competitive Landscape and Regional Forecast 2031

New York, Global Facility Management Market report from Global Insight Services is the single authoritative source of intelligence on Facility Management Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. 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.

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Facility management is the coordination of the physical workplace with the people and work of the organization. It encompasses a range of activities, including: space planning and design, maintenance and operations, housekeeping and janitorial, security, event management, transportation and parking.

The goal of facility management is to create and maintain a physical environment that supports the organization's mission and helps its employees be productive.

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Key Players

JLL
CBRE
Cushman & Wakefield
Knight Facilities Management
ISS World
Sodexo
G4S
Securitas
Key Trends

There are several key trends in Facility Management technology. One is the trend toward integrating Facility Management software with other enterprise software, such as enterprise resource planning (ERP) and customer relationship management (CRM) systems. This integration can provide a more holistic view of an organization's operations and can help streamline processes.

Another key trend is the move toward cloud-based Facility Management software. This type of software is hosted on the vendor's servers and accessed by users via the Internet. Cloud-based software can be less expensive to implement and maintain than on-premises software, and it can be easier to scale up or down as needed.

Another trend is the increasing use of mobile devices and apps for Facility Management. This can allow managers to access Facility Management data and tools from anywhere, at any time.

Finally, there is a trend toward using data analytics to improve Facility Management. This data can be used to identify trends and patterns, and to make decisions about maintenance, repairs, and other aspects of Facility Management.

Key Drivers

The facility management market is driven by the need for cost-effective and efficient management of facilities. The need for improved organizational performance and the need for compliance with regulatory requirements are the key drivers of the facility management market. The facility management market is also driven by the need for improved customer service, the need for improved communication and collaboration, and the need for improved security.

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Market Segments

By Type
-Single
-Bundled
-IFM

By Service
-Professional Services
-Managed Services

By Solution
-Strategic Planning and Project Management
-Workplace and Relocation Management
-Sustainability Management
-Maintenance Management
-Other

By End User
-IT and Telecommunications
-Healthcare
-Retail
-Education
-BFSI
-Other

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