Press release
Computer Aided Facility Management (CAFM) Market Survey Detailed Analysis and Forecast 2025-2034
According to the latest research by InsightAce Analytic, the Global Computer Aided Facility Management (CAFM) Market Size was valued at USD 1.1 Bn in 2024 and is predicted to reach USD 2.2 Bn by 2034 at a 7.7% CAGR during the forecast period for 2025-2034.
Request for free Sample Pages:
https://www.insightaceanalytic.com/request-sample/2528
Computer-aided facility management (CAFM) refers to the use of information technology to support the management of facilities. The software and systems used for this purpose are known as CAFM tools, applications, or systems. The CAFM market is experiencing growth due to the increasing use of smart technologies in facilities management. CAFM solutions help improve the efficiency of facility operations, optimize space utilization, and streamline maintenance processes. Cloud-based solutions are gaining popularity because of their scalability and easy access.
The integration of IoT and AI technologies further enhances the capabilities of CAFM systems, contributing to the market's expansion. North America leads the market, followed by Europe and Asia-Pacific. The CAFM market is expected to maintain its upward growth trend in the coming years.
List of Prominent Players in the Computer-Aided Facility Management CAFM) Market:
• IBM Corporation
• AssetWorks LLC
• Sales Footprint
• Idox plc
• Elecosoft
• FMX
• ScienceSoftInc
• Ultimo Software Solutions Ltd.
• FSI (FM Solutions) Limited
• Hippo CMMS
• ServiceChannel
• Maintenance Management
• ManageEngine (Zoho Corp)
• MRI Software
• Planon Corporation
• SIERRA ODC Private Limited
Market Dynamics:
Drivers-
The computer-aided facility management (CAFM) market is experiencing robust growth across multiple industries. CAFM solutions assist in managing complex industrial assets, minimizing downtime, and ensuring compliance with safety regulations. These systems help with equipment tracking, asset optimization, and maintenance scheduling, contributing to enhanced operational efficiency and cost reductions in manufacturing operations. In the logistics and retail sectors, CAFM tools streamline inventory management and optimize space usage. In education and government, CAFM supports facility planning, security, and resource management.
Curious about this latest version of the report? @ https://www.insightaceanalytic.com/enquiry-before-buying/2528
Challenges:
Despite its benefits, the implementation of CAFM solutions faces significant hurdles, including the need for increased funding for facility maintenance, which can lead to deferred maintenance and a higher risk of equipment failure. The limited availability of skilled personnel and expertise also poses challenges for effective CAFM utilization. Additionally, regulatory requirements that lack funding can place strain on resources and slow down adoption. CAFM solutions must incorporate compliance tools that ease the burden of regulatory demands. Moreover, integration and data standardization are essential for ensuring that CAFM systems can consolidate data from various sources.
Regional Trends:
The North American CAFM market is expected to dominate the industry, driven by factors like population growth, rapid urbanization, and increasing industrialization, which are anticipated to propel the demand for green building solutions. Europe also holds a significant share of the market due to its developed economy and the growing adoption of CAFM systems.
Recent Developments:
• In April 2024, Eptura announced its latest line of worktech innovations designed to assist businesses in resolving their most urgent issues with personnel, workspaces, and assets.
• In March 2024, Elecosoft, a leading global software provider for the built environment, announced its beta release of AstaGPT, an AI tool for its Asta suite of scheduling and project planning solutions.
For More Customization @ https://www.insightaceanalytic.com/customisation/2528
Segmentation of Computer-Aided Facility Management (CAFM) Market
Computer-Aided Facility Management (CAFM) Market - By Solution
• Software
o Cloud-based
o Web-based
o On-premises
• Services
o Cloud-based
o Web-based
o On-premises
Computer-Aided Facility Management (CAFM) Market - By Enterprise Size
• Small and Mid-size Enterprises (SMEs)
• Large Enterprises
Computer-Aided Facility Management (CAFM) Market - By Industry
• IT & Telecom
• BFSI
• Manufacturing
• Energy & Utilities
• Government & Defense
• Healthcare & Life Sciences
• Retail & CPG
• Transportation & Logistics
• Others
Computer-Aided Facility Management (CAFM) Market - By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Get more information:
https://www.insightaceanalytic.com/report/computer-aided-facility-management-cafm-market/2528
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.JPG
Contact us:
info@insightaceanalytic.com
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ
Twitter: https://twitter.com/Insightace
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Computer Aided Facility Management (CAFM) Market Survey Detailed Analysis and Forecast 2025-2034 here
News-ID: 3992063 • Views: …
More Releases from Insightace Analytic Pvt Ltd.
4PL Logistics Market Revenue Report with Forecast to 2034
"4PL Logistics Market" in terms of revenue was estimated to be worth $59.6 Billion in 2024 and is poised to reach $133.3 Billion by 2034, growing at a CAGR of 8.5% from 2025 to 2034 according to a new report by InsightAce Analytic.
Get Free Sample Report @
https://www.insightaceanalytic.com/request-sample/1609
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global 4PL Logistics Market are:
• Rapid growth of automotive the…
Heavy-Duty Autonomous Vehicle Market Exclusive Trends Analysis with Forecast to …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Heavy-Duty Autonomous Vehicle Market- (By Application (Logistics, Public Transportation, Construction and Mining, Others), By Propulsion Type (Internal Combustion Engine Vehicles, Electric Vehicles), By Vehicle Type (Heavy Trucks, Heavy Buses, Roboshuttles), By Level of Autonomy (Fully Autonomous Vehicles, Semi-Autonomous Vehicles), By Sensor Type (LiDAR, RADAR, Camera, Others)) Trends, Industry Competition Analysis, Revenue and Forecast To 2034."
According…
E-Commerce Logistics Market Exclusive Report with Detailed Study Analysis
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global E-Commerce Logistics Market Size, Share & Trends Analysis Report By Service Type (Transportation And Warehousing) And Operational Area (International And Domestic)- Market Outlook And Industry Analysis 2034"
The global e-commerce logistics market is estimated to reach over USD 5340.2 billion by 2034, exhibiting a CAGR of 26.4% during the forecast period.
Request For Free Sample Pages:…
E-bikes Market Exclusive Report on the Latest Revenue and Future Scope
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global E-bikes Market Size, Share & Trends Analysis Report By Class (Class-I, Class-II, Class-III), Speed (Up to 25km/h, 25-45 km/h), Battery Type (Lithium-ion, Lithium-ion Polymer, Lead Acid), Mode (Pedal Assist, Throttle), Component (batteries, electric motors, frames with forks, wheels, crank gears, brake systems and motor controllers) , Motor Type (hub and mid), Usage (mountain, trekking, city/urban,…
More Releases for CAFM
Computer Aided Facility Management (CAFM) Market Growth Rate, Top Trends, Indust …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Computer Aided Facility Management (CAFM) Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $1.66 billion…
Global CAFM Software Market Will Generate Record Revenue by 2028
By using the value chain, it is possible to gain insight into this CAFM Software market report which covers market dynamics environment, as well as the industry's development potential in the next years. The research includes numerous units as well as a breakdown of the market's key trends and drivers. The market dynamics include the drivers, constraints, prospects, and barriers, as well as the market's effect on these variables. This…
CAFM Software Market to Eyewitness Massive Growth by 2029: Hippo, IBM, Axxerion
Latest Study on Industrial Growth of Global CAFM Software Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the CAFM Software market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends…
CAFM Software Market is Going to Boom | Hippo,IBM, Fiix, Siveco
Stay up-to-date and exploit latest trends of CAFM Software Market with latest edition released by AMA.
A Latest intelligence report published by AMA Research with title "CAFM Software Market Outlook to 2027.A detailed study accumulated to offer Latest insights about acute features of the Global CAFM Software market. This report provides a detailed overview of key factors in the CAFM Software Market and factors such as driver, restraint, past and current…
Computer-aided Facility Management (CAFM) Market 2021 | Detailed Report
Computer-aided Facility Management (CAFM) Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027.
Get Free Sample PDF (including full TOC, Tables and Figures) of Computer-aided Facility Management (CAFM) Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4796945
The report provides a comprehensive analysis of company profiles listed below:
- IBM
- Dude…
CAFM Software Market Next Big Thing | Axxerion, IFS, Fiix
A new business intelligence report released by HTF MI with title "COVID-19 Outbreak-Global CAFM Software Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Outbreak-Global CAFM Software Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics…
