New York, NY, June 29, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Facility Management Market By Offering (Solutions & Services), By Deployment Mode (On-Premises & Cloud-Based), By Organization Size (Small and Medium-sized Enterprises (SMEs) and Large Enterprises), By Industry Verticals (BSFI, IT & Telecom, Government & Public Administration, Healthcare, Education, Retail, Energy & Utilities, Manufacturing, Construction, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 - 2026”.
“According to the recent research report, the demand of global Facility Management Market size & share expected to reach to USD 67.89 Billion by 2026 from USD 39.7 Billion in 2020, at a compound annual growth rate (CAGR) of 11.6% during the forecast period 2021 to 2026”
Global Facility Management Market: Overview
Facility management services are a combination of integration services and people within an organization for smooth functioning in its most highly efficient form. Facility management services range from maintenance, space planning, and portfolio forecasting to emergency preparedness, business continuity, environmental sustainability, human error accountability, communication, and project management activities to name a few. The driving forces for the intermediate growth of the global facility management market are the advent of the COVID-19 forcing people to work from home and rising government investments in the sectors of real estate, energy, and telecom & IT.
The adaptability of service providers to bundle their services within a redefined space will further increase the value of the latter during lockdown conditions. The rising trend of government bodies across the world diversifying their tourism and non-economic sectors will further increase the market space captured by the global facility market during the forecast. Moreover, the practice of linking various infrastructures of international countries at borders will propel the growth of the global facility management sector across the forecast.
Request Your Free Sample Report of Global Facility Management Market @ https://www.fnfresearch.com/sample/facility-management-market
(The free sample of this report is readily available on request).
Our Free Sample Report Includes:
- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 225+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of table & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Industry Major Market Players
- IBM
- Oracle
- SAP
- Trimble
- Accruent
- MRI Software
- Planon
- ServiceChannel
- Service Works Global
- FMZ
- Causeway Technologies
- FM Systems
- Spacewell
- iOFFICE
- FSI
- ARCHIBUS
- Archidata
- JadeTrack
- UpKeep Maintenance
- Apleona
- FacilityONE Technologies
- Office Space Software
- Facilio
To know an additional revised list of 2020-2021 top market players, request a sample report: https://www.fnfresearch.com/sample/facility-management-market
Key questions answered in this report:
- What is the projected market size & growth rate of Facility Management Market?
- What are the key driving factors for the growth of Facility Management Market?
- What are the top companies operative in Facility Management Market?
- What segments are covered in Facility Management Market?
- How can I get free sample report/company profiles of Facility Management Market?
Directly Purchase a copy of report with TOC @ https://www.fnfresearch.com/buynow/su/facility-management-market
Market Dynamics
On the basis of offering, the global facility management market can be divided into solutions and services. The solution segment can be divided into IWMS, BIM, facility operation and security management, facility environment management, and facility property management and the service segment can be further disintegrated into professional services and managed services. The solution segment is expected to witness the largest market share during the advent of the forecast owing to the increasing demand for traditional services.
On the basis of industry verticals, the global facility management can be fragmented into BSFI, IT & telecom, government and public administration, healthcare, education, retail, energy & utilities, manufacturing, construction, and others. The BSFI segment is expected to occupy the largest market share during the forecast. Reasons contributing to the dominant position during the forecast can be attributed to increasing demands for a range of services such as maintenance and management of real estate investments.
The following developments are expected to change the dynamics of the facility management market during the forecast:
- Sodexo recently announced a partnership with Bureau Veritas a hygiene label for Sodexo services that provides a higher standard of quality assurance to its consumers. This partnership is expected to cover on-site facilities across the U.K, France, the USA, and Canada.
- ISS recently entered into a five-year partnership with Nordics with a major share in order to enter the region and begin occupying a larger consumer base.
Inquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/facility-management-market
(You may enquire a report quote OR available discount offers to our sales team before purchase.)
Global Facility Management Market: Segmentation
The global facility management market can be segmented into offering, deployment mode, organization size, industry verticals, and regions.
The global facility management market can be divided into solutions and services on the basis of offering type. The solution segment can be divided into IWMS, BIM, facility operation and security management, facility environment management, and facility property management. The facility and operation and security segment can be further broken down into lighting, HVAC, video surveillance, and access control while the facility environment management can be divided into sustainability and waste management. The service segment can be further disintegrated into professional services and managed services. The professional services can be further segmented across deployment and integration, consulting & training, auditing and quality assessment, and support and maintenance. The solution segment is expected to witness the largest market share during the advent of the forecast owing to the increasing rise of traditional services across the forecast. Effective management solution often consists of multi-level management services that provide lighting, HVAC control, security and emergency, and accident sustainability. The global facility management market can be divided into on-premises and cloud-based deployment on the basis of the deployment model. The on-premises deployment mode is expected to lead the market in terms of growth and market share during the forecast owing to the integrated package of software and infrastructure needs offered by the latter.
Request Customized Copy of Report @ https://www.fnfresearch.com/customization/facility-management-market
(We customize your report according to your research need. Ask our sales team for report customization.)
North America Is Expected To Witness The Largest Market Share During The Forecast Period
North America is expected to witness the largest market share during the advent of the forecast in terms of global revenue contribution. The factors contributing to the dominant position of the market in the region are early adoption of technology coupled with a developed economy. Additional factors that are responsible for the increasing footprint of the facility management market in the region are increasing investment in AI, ML, and cloud computing coupled with increasing number of key players and vendors supplying services at a higher volume.
Browse in the full report “Facility Management Market By Service Type (Solutions & Services), By Deployment Mode (On-Premises & Cloud-Based), By Organization Size (Small and Medium-sized Enterprises (SMEs) and Large Enterprises), By Industry Verticals (BSFI, IT & Telecom, Government & Public Administration, Healthcare, Education, Retail, Energy & Utilities, Manufacturing, Construction, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026” at https://www.fnfresearch.com/facility-management-market
The global facility management market can be segmented into:
Global Facility Management Market: By Offering Segment Analysis
- Solutions
- IWMS
- BIM
- Facility Operation & Security Management
- Lighting
- HVAC
- Video Surveillance
- Access Control
- Facility Environment Management
- Sustainability Management
- Waste Management
- Facility Property Management
- Lease Accounting and Real Estate Management
- Workspace and Relocation Management
- Services
- Professional Services
- Deployment & Integration
- Consulting & Training
- Auditing & Quality Assessment
- Support & Maintenance
- Managed Services
- Professional Services
Global Facility Management Market: By Deployment Mode Segment Analysis
- On-Premises
- Cloud-Based
Global Facility Management Market: By Organization Size Segment Analysis
- Small and Medium-Sized Enterprises (SMEs)
- Large Enterprises
Global Facility Management Market: By Industry Verticals Segment Analysis
- BSFI
- IT & Telecom
- Government & Public Administration
- Healthcare
- Education
- Retail
- Energy & Utilities
- Manufacturing
- Construction
- Others
Key Highlights of this Report:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
- Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
For media enquiry, mail to: sales@fnfresearch.com
About Facts & Factors (FnF Research):
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.
Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Follow Us LinkedIn: https://www.linkedin.com/company/fnfresearch
Follow Us Twitter: https://twitter.com/fnfresearch
Contact Us:
Facts & Factors
USA: +1-347-989-3985
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com
Blog: http://fnfnewsblog.com