Biggest Facility Management Companies in World | By IMARC Group

Facility Management Industry Outlook:

Facility management (FM) refers to the technologies and services that ensure the functionality of the built environment by integrating place, process, people, and technology. It includes various activities, such as space planning, equipment maintenance, and portfolio forecasting, that assist in ensuring maximum productivity for organizations and offices by streamlining and standardizing routine tasks. FM also performs predictive facilities maintenance, delivers cognitive capabilities, and achieves real-time visibility. As a result, this service finds widespread applications across several sectors, including retail, education, banking, finance service, and insurance (BFSI), residential, and healthcare.

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Facility Management Industry Growth Analysis:

The top companies in this service are utilizing various competitive strategies, such as new product launches, mergers and acquisitions, expansions, joint ventures, and partnerships, which are among the primary factors driving the facility management market. Besides this, the escalating demand for a cloud-based solution, the internet of things (IoT), software-as-a-service (SaaS), the rising spending on infrastructural aspects of organizations, and the growing focus on optimizing processes and energy efficiency improvement are further augmenting the market growth.

Moreover, the emerging trend of integrated facility management (IFM) that is utilized to manage home-based, on-the-go, after-hours, and outsourced services for maximum productivity is also catalyzing the global market. Apart from this, the integration of innovative and advanced technologies by the leading players with these services to create a safe working environment, reduce energy costs and asset tracking, and enhance overall productivity is acting as another significant growth-inducing factor. Furthermore, the elevating requirement for this solution, owing to the development of railways, ports, airports, and other infrastructure across the globe, is expected to bolster the facility management market in the coming years.

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Top Facility Management Companies:

1. International Business Machines (IBM) Corporation
Establishment - 1911
Headquarter - New York, United States

2. Oracle Corporation
Establishment - 1977
Headquarter - Austin, Texas

3. Trimble, Inc.
Establishment - 1978
Headquarter - California, United States

4. Broadcom Inc., (CA Technologies)
Establishment - 1960s
Headquarter - New York, United States

5. SAP SE
Establishment - 1972
Headquarter - Walldorf, Germany

6. Archibus
Establishment - 1983
Headquarter - Massachusetts, United States

7. Accruent Company
Establishment: 1995
Headquarter: Austin, Texas, United States

8. Maintenance Connection Inc.
Establishment - 1999
Headquarter - California, United States

9. Spacewell International (MCS Solutions Pvt Ltd)
Establishment - 1989
Headquarter - Antwerp, Belgium

10. Planon Corporation
Establishment - 2006
Headquarter - Massachusetts, United States

11. Ioffice, Inc.
Establishment - 2002
Headquarter - Texas, United States

12. Jadetrack
Establishment - 2010
Headquarter - Ohio, United States

13. MetricStream
Establishment - 1999
Headquarter - San Jose, United States

14. Emaint Enterprises, LLC
Establishment: 1986
Headquarter: Bonita Springs, United States

15. Facilities Management Express (FMX), LLC
Establishment - 2012
Headquarter - Columbus, United States

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