Facility Management Market 2019: Global Projection, Comprehensive Study, Solutions, Services Forecast to 2022Information TechnologyUpdated on Jan 23, 2019 View more like this | Visit MONTCLAIR, NJ | Contact Ashish Sharma |
Market Highlights:
The Global Facility Management market has been evaluated as growing market and expected that the market will touch high growth figures in Asia-Pacific region during forecast period.
With growing technology advancements, facility management has entered into mobile platform enrolled with various applications benefiting facility managers to perform his operations. The facility management software enables managers to be agile and responsive in order to solve any kind of maintenance issues quickly. With the cost efficiency solution and monitoring & maintaining compliancy of a business feature of facility management is expected to boost its market in the upcoming years.
The global key market players such as Oracle Corporation, IBM Corporation, SAP SE, and other industries are offering wide range of facility management services to their end-user industries, In May 2016, Interserve Plc., a leading support service provider, has done partnership with OHI group, a leading healthcare technology solution provider, to produce facilities management solutions for Sultanate of Oman. This partnership is also expected to offer facility management solutions to other end-user sectors namely education, oil & gas, and financial services. Other prominent company FM System, Inc., a leading provider of integrated workplace management solutions, has partnership with CoWorkr, a growing company in the area of real time occupancy sensing solutions, in order to better space management service. These growing advancement in product categories and high involvement of small & large market players in developing facility management systems & software services is creating high growth opportunity for facility management market in the upcoming future.
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Major Key Players
- IBM Corporation (U.S.),
- Oracle Corporation (U.S.),
- SAP SE (Germany),
- EMCOR group, Inc. (U.S.),
- Aramark Corporation (U.S.),
- FM System, Inc. (U.S.),
- CA Technologies, Inc. (U.S.),
- Accruent, LLC (U.S.),
- Interserve Plc. (UK),
- Trimble, Inc. (U.S.)
Market Research Future (MRFR) has published a report asserting the Global Facility Management Market is anticipated to expand at a CAGR of over 13 % during the forecast period of 2016-2022.
Market Restraints:
Highly enacted traditional practices and lack of awareness are likely to hamper the growth of global facility management market. The growing number of unorganized players in the global facility management market, high labor cost, increasing price competition and lack of skilled workforce are some of the major factors hindering the growth of the global facility management market.
Regional Analysis:
Geographically, the global Facility Management Market is segmented into North America, Europe, Asia-Pacific (APAC) and Middle East and Africa. The global facility management market is anticipated to be dominated by North America due to the high adoption of advanced technology by manufacturing and IT sector in this region. The growing demand for support and maintenance services for plant maintenance and fabrication by manufacturing industries is driving the facility management market in the European region. The changing work environment and rising number of outsourcing companies are causing the expansion of facility management market in the Asia-Pacific region. Increasing demand for cloud-based services by education and other sectors is projected to augment the market of facility management in this region.
Segmentation:
Global Facility Management Market can be segmented as follows:
Segmentation by Services: Project Management, inventory management, maintenance management, operation management, and others.
Segmentation by Deployment: on-premise and cloud.
Segmentation by End-Users: Healthcare, Education, Retail, Manufacturing, Real estate, BFSI, Government, IT & telecom and others.
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Target Audience:
- Facility management providers
- Managed service providers
- Cloud and network service providers
- Training and consultancy
- Application developers
- Integrated service providers
- Database vendors
- Small & large enterprises
- End users
- Technology investors
- IT vendors
LIST OF TABLES
TABLE 1 GLOBAL FACILITY MANAGEMENTMARKET, BY SERVICES
TABLE 2 GLOBAL FACILITY MANAGEMENTMARKET, BY DEPLOYMENT
TABLE 3 GLOBAL FACILITY MANAGEMENT DISPLAYMARKET, BY END-USER
TABLE 4 GLOBAL FACILITY MANAGEMENT DISPLAYMARKET, BY REGIONS
TABLE 5 NORTH AMERICA FACILITY MANAGEMENT DISPLAYMARKET, BY SERVICES
TABLE 6 NORTH AMERICA FACILITY MANAGEMENTMARKET, BY DEPLOYMENT
TABLE 7 NORTH AMERICA FACILITY MANAGEMENT DISPLAYMARKET, BY END-USER
TABLE 8 U.S. FACILITY MANAGEMENT DISPLAYMARKET, BY SERVICES
Continued……
http://www.digitaljournal.com/pr/3739712
https://facilitiesmanagementforum.co.uk/global-fm-market-reach-60-billion-2022/
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