Facility Management Services Market report covers revenue, trading volume, size, value and these valuable data. According to a comprehensive research report by Market Research Future (MRFR), “Facility Management Market information by End-User, by Service, by Deployment and Region – forecast to 2027” and expected to grow upto USD 61 billion at a CAGR of 12% during the forecast period
Facility Management Services Market Scope:
The facility management market is growing rapidly. The market is witnessing increasing demand even amid the recent COVID 19 crises. With organizational safety taking center stage, organizations are investing more than ever in maintaining the health well-being of their employees. Spurring rise in numbers of enterprises and growth in the IT sector bolsters the market growth.
Facility management software solutions are being implemented across small and medium-sized enterprises to manage their business operations better while enhancing collaboration, productivity and simplifying related work requirements. Moreover, the rising demand for solutions and increasing investments escalates the facility management software market growth.
Besides, large technological advances and the early adoption of advanced technology drive the growth of the market. Moreover, the growing adoption of facility management software in enterprises and government and public sectors boosts the market growth.
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Facility Management Services Market Drivers
- Cloud-based solutions provide a safe and secure way to host facilities management software. They also help firms cut costs by improving security and collaboration across teams and subsidiaries spread across numerous regions.
- The backups are saved on a public or private cloud hosting platform, allowing businesses to quickly retrieve vital server data.
- Customer satisfaction is improved.
Dominant Key Players on Facility Management market covered are:
- IBM Corporation (US)
- Trimble Inc. (US)
- Accruent LLC (US)
- FM System Inc. (US)
- EMCOR Group Inc. (US)
- Oracle Corporation (US)
- SAP SE (Germany)
- Aramark Corporation (US)
- CA Technologies Inc. (US)
- Interserve Plc. (UK)
Facility Management Market Segmentation
Based on the Services
- Project management
- Inventory management
- Maintenance management
- Operations management
Based on the Deployment
- Cloud Deployment
- On-Premise Deployment
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Based on the Organization Size
- Small and Medium Enterprise
- Large Enterprise
Based on the industry Vertical
- IT and Telecom
- Energy and utilities
Facility Management Market Regional Overview
North America includes the United States, Canada, and Mexico
Europe includes Germany, France, UK, Italy, Spain
South America includes Colombia, Argentina, Nigeria, and Chile
The Asia Pacific includes Japan, China, Korea, India, Saudi Arabia, and Southeast Asia
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Key Points Covered in the Report:
- The Facility Management research assesses the industry’s share in terms of demand and supply, as well as volume.
- The study mentions the market share acquired by each product category in terms of consumption value and volume.
- The report meticulously discusses financial records of cumulative sales and overall income gathered by each product category.
- The study includes information on the major organizations’ sales, product pricing methods, revenue shares, and gross margins.
- The operational base of the listed enterprises throughout many locations, as well as their distribution methods, is considered.
- There is also information on the market concentration ratio, partnerships, alliances, acquisitions, new rivals, and other significant changes.
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