The global market for Facilities Management estimated at US$1.4 Trillion in the year 2020, is projected to reach a revised size of US$3 Trillion by 2027, growing at a CAGR of 11% over the analysis period 2021-2027.
Increasing investment in the tourism sector is supporting the market demand for facility management services in restaurants, hotels, airports, and entertainment centers. These facilities use FM services to effectively perform their day-to-day operations. Facility management services benefit the tourism industry by providing superior customer experiences, attracting new customers, and retaining existing ones. Government-backed initiatives for smart city development will also support market growth. The development of smart cities is leading to the development of new infrastructure such as commercial spaces, educational districts, logistics, and transportation centers throughout the city.
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Company Profile
IBM
MRI Software
Planon
ServiceChannel
Service Works Global
Causeway Technologies
Spacewell
iOFFICE
FacilityONE Technologies
OfficeSpace Software
eMaint
Axxerion USA
Market – Segmentation
By deployment mode
On-premises
Cloud
By organization size
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By vertical
Banking, Financial Services, and Insurance (BFSI)
IT and Telecom
Government and public administration
Healthcare
Education
Retail
Energy and Utilities
Manufacturing
Construction and real estate
Scope of the Report
The research study analyzes the Global Facilities Management Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Facilities Management Market Report
1. What was the Facilities Management Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Facilities Management Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Facilities Management Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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