Global Facility Management Market was valued at USD 42.21 billion in 2019 which is expected to reach USD 85.12 billion by 2030 at a CAGR 12.32%.
Facility management consist management methods and techniques for building management, infrastructure management for enterprises. Also, it includes multiple disciplines to ensure the functionality of the built environment by integrating people, process, place, and technology. Facility management is the co-ordination between facility’s operations meant to make the organization as a whole more effective at what it does.
Increase in demand for cloud based facility management solution considered as key driving factor which is expected to boost the global facility management market growth. Furthermore, rise in demand for facility management solutions integrated with intelligent software will positively contribute the market growth. Moreover, Increase in adoption of IoT and AI in facility management which is expected to propel the facility management market growth during this analysis period. In addition to that, increase in spending on infrastructural aspect can be cited as another driving factor which is expected to fuel the market growth. Also, rise in focus on optimization processes and energy efficiency improvements are will drive the market growth.
However, lack of managerial awareness and standardization is the major restraining factor which is expected to hinder the global facility management market growth. Also, lack of skied workforce as well as integration of facility management with legacy ERP systems will affect the market growth during this forecast period.
Market Segmentation
Global Facility Management Market is segmented into type such as Single, Bundled, and IFM, by Service such as Professional Services, and Managed Services, by Solution such as
Strategic Planning and Project Management, Workplace and Relocation Management, Sustainability Management, Maintenance Management, and Others. Further, market is segmented into end user such as IT & Telecom, Healthcare, Retail, Education, BFSI, and Others.
Also, Global Facility Management Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as IBM, ORACLE, SAP, TRIMBLE, ACCRUENT, MRI SOFTWARE, PLANON, and SERVICECHANNEL
By Service
By Solution
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Facility Management Market Share Analysis, By Type
5.3 Global Facility Management Market Size and Forecast, By Type
5.3.1Single
5.3.2 Bundled
5.3.3.IFM
6.1 Y-o-Y Growth Comparison, By Service
6.2 Global Facility Management Market Share Analysis, By Service
6.3 Global Facility Management Market Size and Forecast, By Service
6.3.1 Professional services
6.3.2 Managed Services
7.1 Y-o-Y Growth Comparison, By Solution
7.2 Global Facility Management Market Share Analysis, By Solution
7.3 Global Facility Management Market Size and Forecast, By Solution
7.3.1 Strategic Planning, and Project Management
7.3.2 Workplace and Relocation Management
7.3.3 Sustainability Management
7.3.4 Maintenance Management
7.3.5 Others
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Facility Management Market Share Analysis, By End User
8.3 Global Facility Management Market Size and Forecast, By End User
8.3.1 IT & Telecom
8.3.2 Healthcare
8.3.3 Retail
8.3.4 Education
8.3.5 BFSI
8.3.6 Others
9.1 Global Facility Management Market Share Analysis, By Region
9.2 Global Facility Management Market Share Analysis, By Region
9.3 Global Facility Management Market Size and Forecast, By Region
10.1 Introduction
10.2 North America Facility Management Product Market Share Analysis, By Type
10.3 North America Facility Management Product Market Size and Forecast, By Service
10.4 North America Facility Management Product Market Size and Forecast, By Solution
10.5 North America Facility Management Product Market Size and Forecast, By End User
10.6 North America Facility Management Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11.1 Introduction
11.2 Europe Facility Management Product Market Share Analysis, By Type
11.3 Europe Facility Management Product Market Size and Forecast, By Service
11.4 Europe Facility Management Product Market Size and Forecast, By Solution
11.5 Europe Facility Management Product Market Size and Forecast, By End User
11.6 Europe Facility Management Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12.1 Introduction
12.2 Asia Pacific Facility Management Product Market Share Analysis, By Type
12.3 Asia Pacific Facility Management Product Market Size and Forecast, By Service
12.4 Asia Pacific Facility Management Product Market Size and Forecast, By Solution
12.5 Asia Pacific Facility Management Product Market Size and Forecast, By End User
12.6 Asia Pacific Facility Management Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13.1 Introduction
13.2 Latin America Facility Management Product Market Share Analysis, By Type
13.3 Latin America Facility Management Product Market Size and Forecast, By Service
13.4 Latin America Facility Management Product Market Size and Forecast, By Solution
13.5 Latin America Facility Management Product Market Size and Forecast, By End User
13.6 Latin America Facility Management Product Market Size and Forecast, By Country
14.1 Introduction
14.2 Middle East Facility Management Product Market Share Analysis, By Type
14.3 Middle East Facility Management Product Market Size and Forecast, By Service
14.4 Middle East Facility Management Product Market Size and Forecast, By Solution
14.5 Middle East Facility Management Product Market Size and Forecast, By End User
14.6 Middle East Facility Management Product Market Size and Forecast, By Country
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
