Global Facility Management Market Research Report and Forecast 2022-2027
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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights
Report Description
Global Facility Management Market Outlook 2027: As per the latest report by IMARC Group, titled “ Facility Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20 22-2027 ,” the global facility management market reached a value of US$ 55.1 Billion in 2021. Facility management (FM) refers to an integrated system of technologies that help ensure the comfort, safety, efficiency, functionality, and sustainability of buildings. It relies on the Internet of Things (IoT) sensors, Wi-Fi, meters, intelligent devices, analytics, and artificial intelligence (AI) to achieve real-time visibility, cognitive capabilities, and predictive facilities maintenance. In addition, FM solutions aim to ensure maximum productivity for organizations and offices by streamlining and standardizing routine tasks. As a result, they find extensive applications across the residential, banking finance service and insurance (BFSI), healthcare, retail, and education sectors. Request for a free sample: https://www.imarcgroup.com/facility-management-market/requestsample
Report Description and Highlights
Report Description
Global Facility Management Market Trends: The market is primarily driven by the emerging trend of digitalization and the increasing adoption of the Internet of Things (IoT) and cloud-based software. Besides this, the growing utilization of advanced technologies for building management, such as cloud computing and augmented reality (AR), has enabled industry players to shift from tactical and traditional management to a predictive, smarter management experience while improving operational efficiencies. Along with this, the emergence of Integrated Facility Management (IFM) is positively influencing the market growth. Moreover, FM services are widely utilized to manage home-based, on-the-go, afterhours, and outsourced services while ensuring the availability of the required tools for maximum productivity. Furthermore, the rising implementation of favorable government policies promoting infrastructural automation, along with the increasing adoption of the software-as-a-service (SaaS) deployment model, is anticipated to propel the market growth in the upcoming years. Looking forward, IMARC Group expects the market to reach US$ 116.5 Billion by 2027, exhibiting at a CAGR of 13.36% during 2022-2027.
Report Description and Highlights Report Description Market Summary: Breakup by Solutions Type: • Facility Property Management • Building Information Modeling • Integrated Workplace Management System • Facility Operations and Security Management Breakup Services Type: • Deployment and Integration • Consulting and Training • Support and Maintenance • Auditing and Quality Assessment Breakup by Deployment Type: • On-Premises • Cloud
Report Description and Highlights Report Description Breakup by Organization Size: • Large Enterprises • Small and Medium Size Enterprises Breakup by Vertical: • Banking, Financial Services, and Insurance • IT and Telecom • Real Estate • Government and Public Sector • Healthcare • Education • Retail Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Report Description and Highlights Report Description Competitive Landscape With Key players: • IBM • Oracle • Trimble • CA Technologies • SAP • Archibus • Accruent • Maintenance Connection • MCS Solutions • Planon • Ioffice • Jadetrack • Metricstream • Emaint • Facilities Management Express View Report TOC, Figures and Tables: https://www.imarcgroup.com/facility-management-market
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of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions
Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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