Facility Management Market expected to grow at a CAGR of 12.5% | Leading Players: Oracle, Planon, Hippo CMMS, SAP SE

Facility Management Market expected to grow at a CAGR of 12.5% | Leading Players: Oracle, Planon, Hippo CMMS, SAP SE
Facility Management Comprehensive Study by Deployment Type (On-Premises, Cloud), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises) Players and Region – Global Market Outlook to 2024.

Advance Market Analytics recently introduced Global Facility Management Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. Facility Management Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.

Facility management refers as the efficient and effective delivery of services for the organization. The key benefits of the facility management services include cost optimization, transfer of risk, tailored services, various technology solutions, standardization and among others.

According to AMA, the Global Facility Management market is expected to reach USD79837.0 Million by 2024 growing at a CAGR of 12.5%.

Major Key Players in This Report Include,

IBM Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), MCS Solutions (Belgium), Ioffice Corporation (United States), Archibus, Inc. (United States), FM System, Inc. (United States), CA Technologies, Inc. (United States), Accruent, LLC (United States), Planon Corporation (Netherlands), Trimble, Inc. (United States), Maintenance Connection (United States), JadeTrack (United States), MetricStream(United States), Facility Management eXpress (United States), eMaint (United States), Hippo CMMS (Canada), Indus Systems (United States) and Autodesk (United States)

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Market Trend

  • Increasing Adoption of Internet of Things and smart connected devices for building automation

 

Market Drivers

  • Increasing Adoption of cloud-based solutions, Emergence of the Software as a service deployment model and Rising Demand for integrated facility management

 

Opportunities

  • Lack of Skilled Man force

This market research report looks into and analyzes the Global Facility Management Market and illustrates a comprehensive evaluation of its evolution and its specifications. Another aspect that was considered is the cost analysis of the main products dominant in the Global Market considering the profit margin of the manufacturers.

This research is categorized differently considering the various aspects of this market. It also evaluates the current situation and the future of the market by using the forecast horizon. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Facility Management Market research report include SWOT analysis.

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The titled segments and Market Data Break Down are illuminated below:

By Deployment Type

  • On-Premises
  • Cloud

 

By Organization Size

  • Small and Medium-Sized Enterprises
  • Large Enterprises

 

By Vertical

  • Banking, Financial Services, and Insurance
  • IT and Telecom
  • Education
  • Retail
  • Energy and Utilities
  • Manufacturing
  • Government and Public Administration
  • Healthcare
  • Construction and Real Estate
  • Others

Top Players in the Market are: IBM Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), MCS Solutions (Belgium), Ioffice Corporation (United States), Archibus, Inc. (United States), FM System, Inc. (United States), CA Technologies, Inc. (United States), Accruent, LLC (United States), Planon Corporation (Netherlands), Trimble, Inc. (United States), Maintenance Connection (United States), JadeTrack (United States), MetricStream(United States), Facility Management eXpress (United States), eMaint (United States), Hippo CMMS (Canada), Indus Systems (United States) and Autodesk (United States)

List of players also available in Coverage: Nemetschek (Germany) , Archidata (Canada) , OfficeSpace (United States) , FacilityONE Technologies (United States) , Apleona (Germany)

The regional analysis of Global Facility Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2019-2025.

The Global Facility Management Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.

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Strategic Points Covered in Table of Content of Global Facility Management Market:

1. Market Overview

1.1. Introduction

1.2. Scope/Objective of the Study

1.2.1. Research Objective

2. Executive Summary

2.1. Introduction

3. Market Dynamics

3.1. Introduction

3.2. Market Drivers

3.2.1. Increasing Adoption of cloud-based solutions

3.2.2. Emergence of the Software as a service deployment model

3.2.3. Rising Demand for integrated facility management

3.3. Market Trends

3.3.1. Increasing Adoption of Internet of Things and smart connected devices for building automation

4. Market Factor Analysis

4.1. Porters Five Forces

4.2. Supply/Value Chain

4.3. PESTEL analysis

4.4. Market Entropy

4.5. Patent/Trademark Analysis

5. Global Facility Management, by Deployment Type, Organization Size, Service , Vertical , Solution and Region (value) (2013-2018)

Data Sources & Methodology

The primary sources involves the industry experts from the Global Facility Management Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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