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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A full report of Global Facilities Management Market is available at: https://www.orionmarketreports.com/facilities-management-market/57496/
Market Segments
Based on deployment mode
- On-premises
- Cloud
Based on organization size
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprises
Based on 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
Key Players
The facility management market comprises key solution and service providers, such as IBM, MRI Software, Planon, ServiceChannel, Service Works Global, FMX, Causeway Technologies, FM: Systems, Spacewell, iOFFICE, FSI, ARCHIBUS, Archidata, JadeTrack, UpKeep Maintenance Management, Apleona, FacilityONE Technologies, OfficeSpace Software, Facilio, facility, eMaint, and Axxerion USA.
Scope of the Report
The research study analyzes the global Facilities Management 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
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.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Facilities Management market.
- The market share of the global Facilities Management market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Facilities Management market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Facilities Management market.
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