Facility Management Market By Component (Solution, Service), By Solution Type (Asset Management, Workplace and relocation management, Strategic planning management, Real estate and lease management, Maintenance management, Others), By Deployment Model (On Premise, Cloud), By Enterprise Size (Large Enterprises, SMEs), By Industry Vertical (Public Sector, BFSI, Manufacturing, IT and Telecom, Healthcare, Retail, Education, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030
Facility management is a profession that encompasses multiple disciplines to ensure functionality, comfort, safety and efficiency to build environment by integrating people, place, process and technology. It can have many different titles and arrive in profession through a variety of career paths. Facility management is responsible to ensure that built environment or facility work harmoniously. It important due to the fact that it ensures the places where people work, play, learn, and live are safe, comfortable, productive, and sustainable.
Increase in adoption of cloud-based solutions and change in organization culture and work style boost the growth of the global facility management market. In addition, introduction of innovative products and adoption of various strategies by key vendors positively impacts the growth of the market. However, lack of awareness about facility management solutions hinders the market growth. On the contrary, increase in demand for services outsourcing is expected to offer remunerative opportunities for expansion of the market during the forecast period.
The facility management market is segmented on the basis of component, solution type, deployment model, enterprise size, industry vertical, and region. On the basis of component, it is divided into solution and service. By solution type, it is fragmented into, asset management, workplace and relocation management, strategic planning management, real estate and lease management, maintenance management, and others. Depending on deployment model, it is segmented into on-premise and cloud. As per the enterprise size, it is studied across large enterprise and SMEs. By industry vertical, it is fragmented into public sector, BFSI, manufacturing, IT and telecom, healthcare, retail, education, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the facility management market are Accruent, Archibus, CA Technologies, iOFFICE, FM System, IBM Corporation, PLANON, Oracle Corporation, SAP SE, and Trimble, Inc.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global facility management market forecast along with current & future trends to explain the imminent investment pockets.
Information about key drivers, restraints, & opportunities and their impact analysis on global facility management market trends is provided in the report.
The Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
Quantitative facility management market analysis from 2021 to 2030 is provided to determine the market potential.
Key Market Segments
By Component
Solution
Service
By Solution Type
Strategic planning management
Real estate and lease management
Maintenance management
Others
Workplace and relocation management
Asset Management
By Deployment Model
On Premise
Cloud
By Enterprise Size
Large Enterprises
SMEs
By Industry Vertical
Public Sector
BFSI
Manufacturing
IT and Telecom
Healthcare
Retail
Education
Others
By Region
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
Rest Of Asia Pacific
China
Japan
India
South Korea
Australia
LAMEA
Latin America
Middle East
Africa
Key Market Players
ARCHIBUS, INC.
ACCRUENT, LLC
CA TECHNOLOGIES, INC.
IOFFICE CORPORATION
FM SYSTEM, INC.
IBM CORPORATION
PLANON CORPORATION
ORACLE CORPORATION
SAP SE
TRIMBLE, INC.
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