Global Facility Management Market size was valued at US$ 46.59 Bn . in 2021 and the total revenue is expected to grow at 11.20% through 2022 to 2029, reaching nearly US$ 108.92 Bn.
Facility Management Market Overview
The report by Maximize Market Research focuses on the Facility Management market and provides an in-depth analysis by segments and sub-segments in global and regional markets. The report also includes drivers, restraints, and macro factors affecting the global and regional Facility Management markets in the medium and long run. The research includes an in-depth analysis of the global Facility Management market’s trends, predictions, and monetary values. According to the report, between the years 2021 and 2029, the global Facility Management market is predicted to grow at a significant CAGR.
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Facility Management Market Scope
The report focuses on the major key drivers and restraints of the Facility Management Market, as well as the current competitive benchmarking and development prospects. The report provides current Facility Management market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in the Facility Management market research report. For the competitive analysis, the report includes the profile of the key market players in the Facility Management market including company overview, financial performance, product portfolio, and strategies. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods.
Facility Management Market Segmentation
In terms of deployment, cloud-based deployment held a 54% market share in 2021. By hosting software and the service platform in remote locations, a cloud-based deployment platform enables them to be accessed and utilised from anywhere over the internet. Cloud-based access simply needs one application login to sign in to all systems, as opposed to requiring the installation of software suites on numerous workstations.
During the forecast period, deployment is anticipated to increase at a CAGR of 2.6%. It also enables offline data analytics and configuration, which calls for dedicated IT workers for high-end IT infrastructure maintenance and support, to give users better control over systems and data. Through the anticipated period, these variables are anticipated to fuel market expansion.
Big Businesses dominated the market in 2021, accounting for 65% of all organisations. Big organisations with more than 1,000 people have the concentration and resources to devote more time, money, and effort to facilities management. Big-scale businesses have a greater need for facility management solutions due to their enormous workforces, complex space management, and assets. The large enterprise segment of the facility management market is anticipated to develop as a result.
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Facility Management Market Size, by Market Value (US$ Bn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
Facility Management Market Key Players
• BM
• Oracle
• SAP
• Trimble
• Accruent
• MRI Software
• Planon
• ServiceChannel
• Service Works Global
• FMX
• Causeway Technologies
• FM: Systems
• Space well
• iOFFICE
• FSI
• ARCHIBUS
• Archidata
• JadeTrack
• UpKeep Maintenance Management
• Apleona
• FacilityONE Technologies
• OfficeSpace Software
• Facilio
• eFACiLiTY
• eMaint
• Axxerion USAFAQS
Regional Analysis
Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the five regions that make up the Facility Management market. The regional analysis provided in the report helps understand the Facility Management market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Facility Management market. Local and regional development plans are often affected by the performance of the Facility Management market. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
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Key Questions answered in the Facility Management Market Report are:
- What is Facility Management Market?
- What is the forecast period of the Facility Management Market?
- What is the competitive scenario of the Facility Management market?
- Which region held the largest market share in the Facility Management Market?
- What are the opportunities for the Facility Management Market?
- What are the restraining factors in the Facility Management market?
- Who are the key players of the Facility Management market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Facility Management
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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