Facility Management Market Outlook 2029: Presents Market Insights & Depth Analysis

Facility management market is anticipated to grow at a considerable CAGR of 13.5% during the forecast period. The speeding up in the adoption of cloud-based solutions is one of the prime factors affecting and driving the market. Cloud-based facility management software supports in conveniently accessing it from anywhere and at any time, as it significantly improves employee productivity and collaboration. This also supports decreasing the operating costs of organizations as the software enhances better and more effective security, scalability, along with quick disaster recovery. As the backups are stored on cloud host platforms which are either shared or private that enables the organizations in order to recover easily critical server data which in turn is driving the growth of the market.

The key players operating in the global facility management market had been adopting strategies such as new launches to gain major market share. For instance, in November 2021, Oracle Corp. had set forth the opening of its first cloud region in France for the purpose of supporting the increasing cloud computing demands of private and public sector organizations. Additionally, the company provides a broad range of application modernization and cloud strategies in order to support French organizations operating with global competitiveness.

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Market Coverage

The market number available for - 2022-2030
Base year- 2023
Forecast period- 2023-2030

Segment Covered- 

By Component
By Organization Size
By Vertical

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- include IBM Corp., Oracle Corp., SAP Corp., Apleona GmbH, and Planon 

Facility Management Market Report Segment

By Component

Solutions
Service

By Organization Size

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

By Vertical

BFSI 
IT and telecom 
Healthcare 
Education 
Retail
Others 

A full Report of Facility Management Market is Available @   https://www.omrglobal.com/industry-reports/facility-management-market

Facility Management Market Report Segment by Region 

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Company Profiles 

Apleona GmbH
eFACiLiTY
Express Facility Management
COM
FM:Systems
Fortive Corp.
IBM Corp.
Infor
iOFFICE
Nuvolo
MRI Software LLC
Oracle Corp.
Planon
QuickFMS
SAP Corp.
Service Works Global
Spacewell International
UpKeep Maintenance Management

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