Facility Management Market Size, Share, Trends, Growth 2032
Facility Management Market By Service (Consulting, Deployment & Integration, Support & Maintenance, Auditing & Quality Assessment, And SLA Management), By Solution (BIM, IWMS, Environment, Operations & Security, And Property Management), By Organization Size (Large Enterprises And SMEs), By Deployment Type (Cloud And On-Premise), By Vertical (IT & Telecom, BFSI, Healthcare, Government & Public Administration, Retail, Education, Manufacturing, Energy & Utilities, Construction & Real Estate, And Others), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 51.87 Billion | USD 190.51 Billion | 13.9% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Facility Management Market , 2015–2025 (USD Billion)
- 2.2. Facility Management Market : Snapshot
- Chapter 3. Global Facility Management Market – Industry Analysis
- 3.1. Facility Management Market : Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Growing acceptance of disruptive systems including cognitive computing, IoT, AR, and analytics will pruliferate the expansion of facility management industry over the assessment period.
- 3.2.2. Large-scale use of UAVs or drones and robots will open new horizons of growth for facility management market during the projected timeline.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Service
- 3.4.2. Market attractiveness analysis By Sulution
- 3.4.3. Market attractiveness analysis By Organization Size
- 3.4.4. Market attractiveness analysis By Deployment Type
- 3.4.5. Market attractiveness analysis By Vertical
- Chapter 4. Global Facility Management Market – Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Facility Management Market : company market share, 2018
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Facility Management Market –Deployment Type Analysis
- 5.1. Global Facility Management Market overview: By Deployment Type
- 5.1.1. Global Facility Management Market share, By Deployment Type ,2018 and 2025
- 5.2. On-Premise
- 5.2.1. Global Facility Management Market by On-Premise, 2015–2025 (USD Billion)
- 5.3. Cloud
- 5.3.1. Global Facility Management Market by Cloud, 2015–2025 (USD Billion)
- 5.1. Global Facility Management Market overview: By Deployment Type
- Chapter 6. Global Facility Management Market –Vertical Analysis
- 6.1. Global Facility Management Market overview: By Vertical
- 6.1.1. Global Facility Management Market share, By Vertical,2018 and 2025
- 6.2. IT & Telecom
- 6.2.1. Global Facility Management Market by IT & Telecom, 2015–2025 (USD Billion)
- 6.3. BFSI
- 6.3.1. Global Facility Management Market by BFSI, 2015–2025 (USD Billion)
- 6.4. Healthcare
- 6.4.1. Global Facility Management Market by Healthcare, 2015–2025 (USD Billion)
- 6.5. Government & Public Administration
- 6.5.1. Global Facility Management Market by Government & Public Administration, 2015–2025 (USD Billion)
- 6.6. Retail
- 6.6.1. Global Facility Management Market by Retail, 2015–2025 (USD Billion)
- 6.7. Education
- 6.7.1. Global Facility Management Market by Education, 2015–2025 (USD Billion)
- 6.8. Manufacturing
- 6.8.1. Global Facility Management Market by Manufacturing, 2015–2025 (USD Billion)
- 6.9. Energy & Utilities
- 6.9.1. Global Facility Management Market by Energy & Utilities, 2015–2025 (USD Billion)
- 6.10. Construction & Real Estate
- 6.10.1. Global Facility Management Market by Construction & Real Estate, 2015–2025 (USD Billion)
- 6.11. Others
- 6.11.1. Global Facility Management Market by Others, 2015–2025 (USD Billion)
- 6.1. Global Facility Management Market overview: By Vertical
- Chapter 7. Global Facility Management Market – Sulution Analysis
- 7.1. Global Facility Management Market overview: By Sulution
- 7.1.1. Global Facility Management Market share, By Sulution , 2018 and 2025
- 7.2. BIM
- 7.2.1. Global Facility Management Market By BIM , 2015–2025 (USD Billion)
- 7.3. IWMS
- 7.3.1. Global Facility Management Market By IWMS, 2015–2025 (USD Billion)
- 7.4. ENVIRONMENT
- 7.4.1. Global Facility Management Market By ENVIRONMENT, 2015–2025 (USD Billion)
- 7.5. Operations & Security
- 7.5.1. Global Facility Management Market By Operations & Security, 2015–2025 (USD Billion)
- 7.6. Property Management
- 7.6.1. Global Facility Management Market By Property Management, 2015–2025 (USD Billion)
- 7.1. Global Facility Management Market overview: By Sulution
- Chapter 8. Global Facility Management Market – Organization Size Analysis
- 8.1. Global Facility Management Market overview: By Organization Size
- 8.1.1. Global Facility Management Market share, By Organization Size , 2018 and 2025
- 8.2. Small & Medium Enterprises
- 8.2.1. Global Facility Management Market By Small & Medium Enterprises, 2015–2025 (USD Billion)
- 8.3. Large Enterprises
- 8.3.1. Global Facility Management Market By Large Enterprises, 2015–2025 (USD Billion)
- 8.1. Global Facility Management Market overview: By Organization Size
- Chapter 9. Global Facility Management Market – Service Analysis
- 9.1. Global Facility Management Market overview: By Service
- 9.1.1. Global Facility Management Market share, By Service , 2018 and 2025
- 9.2. Consulting
- 9.2.1. Global Facility Management Market By Consulting, 2015–2025 (USD Billion)
- 9.3. Deployment & Integration
- 9.3.1. Global Facility Management Market By Deployment & Integration, 2015–2025 (USD Billion)
- 9.4. Support & Maintenance
- 9.4.1. Global Facility Management Market By Support & Maintenance, 2015–2025 (USD Billion)
- 9.5. Auditing & Quality Assessment
- 9.5.1. Global Facility Management Market By Auditing & Quality Assessment, 2015–2025 (USD Billion)
- 9.6. SLA Management
- 9.6.1. Global Facility Management Market By SLA Management, 2015–2025 (USD Billion)
- 9.1. Global Facility Management Market overview: By Service
- Chapter 10. Company Profiles
- 10.1. Oracle
- 10.1.1. Overview
- 10.1.2. Financials
- 10.1.3. Service Portfolio
- 10.1.4. Business Strategy
- 10.1.5. Recent Developments
- 10.2. IBM
- 10.2.1. Overview
- 10.2.2. Financials
- 10.2.3. Service Portfolio
- 10.2.4. Business Strategy
- 10.2.5. Recent Developments
- 10.3. MCS Sulutions
- 10.3.1. Overview
- 10.3.2. Financials
- 10.3.3. Service Portfolio
- 10.3.4. Business Strategy
- 10.3.5. Recent Developments
- 10.4. SAP
- 10.4.1. Overview
- 10.4.2. Financials
- 10.4.3. Service Portfolio
- 10.4.4. Business Strategy
- 10.4.5. Recent Development
- 10.5. Trimble
- 10.5.1. Overview
- 10.5.2. Financials
- 10.5.3. Service Portfolio
- 10.5.4. Business Strategy
- 10.5.5. Recent Development
- 10.6. ARCHIBUS
- 10.6.1. Overview
- 10.6.2. Financials
- 10.6.3. Service Portfolio
- 10.6.4. Business Strategy
- 10.6.5. Recent Development
- 10.7. Accruent
- 10.7.1. Overview
- 10.7.2. Financials
- 10.7.3. Service Portfolio
- 10.7.4. Business Strategy
- 10.7.5. Recent Development
- 10.8. CA Technulogies
- 10.8.1. Overview
- 10.8.2. Financials
- 10.8.3. Service Portfolio
- 10.8.4. Business Strategy
- 10.8.5. Recent Development
- 10.9. FM:Systems
- 10.9.1. Overview
- 10.9.2. Financials
- 10.9.3. Service Portfolio
- 10.9.4. Business Strategy
- 10.9.5. Recent Development
- 10.10. Planon
- 10.10.1. Overview
- 10.10.2. Financials
- 10.10.3. Service Portfolio
- 10.10.4. Business Strategy
- 10.10.5. Recent Development
- 10.11. Maintenance Connection
- 10.11.1. Overview
- 10.11.2. Financials
- 10.11.3. Service Portfolio
- 10.11.4. Business Strategy
- 10.11.5. Recent Development
- 10.12. iOFFICE
- 10.12.1. Overview
- 10.12.2. Financials
- 10.12.3. Service Portfolio
- 10.12.4. Business Strategy
- 10.12.5. Recent Development
- 10.13. MetricStream
- 10.13.1. Overview
- 10.13.2. Financials
- 10.13.3. Service Portfolio
- 10.13.4. Business Strategy
- 10.13.5. Recent Development
- 10.14. JadeTrack
- 10.14.1. Overview
- 10.14.2. Financials
- 10.14.3. Service Portfolio
- 10.14.4. Business Strategy
- 10.14.5. Recent Development
- 10.15. eMaint
- 10.15.1. Overview
- 10.15.2. Financials
- 10.15.3. Service Portfolio
- 10.15.4. Business Strategy
- 10.15.5. Recent Development
- 10.16. Facility Management eXpress
- 10.16.1. Overview
- 10.16.2. Financials
- 10.16.3. Service Portfolio
- 10.16.4. Business Strategy
- 10.16.5. Recent Development
- 10.17. FSI
- 10.17.1. Overview
- 10.17.2. Financials
- 10.17.3. Service Portfolio
- 10.17.4. Business Strategy
- 10.17.5. Recent Development
- 10.18. Hippo CMMS
- 10.18.1. Overview
- 10.18.2. Financials
- 10.18.3. Service Portfolio
- 10.18.4. Business Strategy
- 10.18.5. Recent Development
- 10.19. Autodesk
- 10.19.1. Overview
- 10.19.2. Financials
- 10.19.3. Service Portfolio
- 10.19.4. Business Strategy
- 10.19.5. Recent Development
- 10.20. Indus Systems
- 10.20.1. Overview
- 10.20.2. Financials
- 10.20.3. Service Portfolio
- 10.20.4. Business Strategy
- 10.20.5. Recent Development
- 10.21. Archidata
- 10.21.1. Overview
- 10.21.2. Financials
- 10.21.3. Service Portfolio
- 10.21.4. Business Strategy
- 10.21.5. Recent Development
- 10.22. Nemetschek
- 10.22.1. Overview
- 10.22.2. Financials
- 10.22.3. Service Portfolio
- 10.22.4. Business Strategy
- 10.22.5. Recent Development
- 10.23. FacilityONE Technulogies
- 10.23.1. Overview
- 10.23.2. Financials
- 10.23.3. Service Portfolio
- 10.23.4. Business Strategy
- 10.23.5. Recent Development
- 10.24. OfficeSpace
- 10.24.1. Overview
- 10.24.2. Financials
- 10.24.3. Service Portfolio
- 10.24.4. Business Strategy
- 10.24.5. Recent Development
- 10.25. Apleona
- 10.25.1. Overview
- 10.25.2. Financials
- 10.25.3. Service Portfolio
- 10.25.4. Business Strategy
- 10.25.5. Recent Development
- 10.1. Oracle
Table Of Figures
List of Figures
1. Market research process
2. Market research methodology
3. Global Facility Management Market , 2015–2025 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Facility Management Market attractiveness, By Service
6. Global Facility Management Market attractiveness, By Organization Size
7. Global Facility Management Market attractiveness, By Deployment Type
8. Global Facility Management Market attractiveness, By Solution
9. Global Facility Management Market attractiveness, By Vertical
10. Global Facility Management Market share, By Deployment, 2018 and 2025
11. Global Facility Management Market by On-Premise, 2015–2025 (USD Billion)
12. Global Facility Management Market by Cloud,2015–2025 (USD Billion)
13. Global Facility Management Market Share by Solution ,2018 and 2025 (USD Billion)
14. Global Facility Management Market by BIM ,2015–2025 (USD Billion)
15. Global Facility Management Market by IWMS ,2015–2025 (USD Billion)
16. Global Facility Management Market by ENVIRONMENT,2015–2025 (USD Billion)
17. Global Facility Management Market by Operations & Security,2015–2025 (USD Billion)
18. Global Facility Management Market by Property Management,2015–2025 (USD Billion)
19. Global Facility Management Market Share by Service,2018 and 2025 (USD Billion)
20. Global Facility Management Market by Consulting ,2015–2025 (USD Billion)
21. Global Facility Management Market by Deployment & Integration ,2015–2025 (USD Billion)
22. Global Facility Management Market by Support & Maintenance ,2015–2025 (USD Billion)
23. Global Facility Management Market by Auditing & Quality Assessment ,2015–2025 (USD Billion)
24. Global Facility Management Market by SLA Management ,2015–2025 (USD Billion)
25. Global Facility Management Market Share by Organization Size ,2018 and 2025 (USD Billion)
26. Global Facility Management Market by Small & Medium Enterprises ,2015–2025 (USD Billion)
27. Global Facility Management Market by Large Enterprises ,2015–2025 (USD Billion)
28. Global Facility Management Market Share by Vertical ,2018 and 2025 (USD Billion)
29. Global Facility Management Market by IT & Telecom,2015–2025 (USD Billion)
30. Global Facility Management Market by BFSI,2015–2025 (USD Billion)
31. Global Facility Management Market by Healthcare,2015–2025 (USD Billion)
32. Global Facility Management Market by Government & Public Administration,2015–2025 (USD Billion)
33. Global Facility Management Market by Retail,2015–2025 (USD Billion)
34. Global Facility Management Market by Education,2015–2025 (USD Billion)
35. Global Facility Management Market by Manufacturing,2015–2025 (USD Billion)
36. Global Facility Management Market by Energy & Utilities,2015–2025 (USD Billion)
37. Global Facility Management Market by Construction & Real Estate,2015–2025 (USD Billion)
38. Global Facility Management Market by Others,2015–2025 (USD Billion)
39. Global Facility Management Market share, by Region, 2018 and 2025
40. North America Facility Management Market , 2015–2025 (USD Billion)
41. Europe Facility Management Market , 2015–2025 (USD Billion)
42. Asia Pacific Facility Management Market , 2015–2025 (USD Billion)
43. Latin America Facility Management Market , 2015–2025 (USD Billion)
44. The Middle East and Africa Facility Management Market , 2015–2025 (USD Billion)
Table Of Tables
List of Tables
1. Global Facility Management Market : snapshot
2. Drivers of the Facility Management Market : impact analysis
3. North America Facility Management Market revenue, By Service,2015–2025 (USD Billion)
4. North America Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
5. North America Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
6. North America Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
7. North America Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
8. The U.S. Facility Management Market revenue, By Service, 2015–2025 (USD Billion)
9. The U.S. Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
10. The U.S. Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
11. The U.S. Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
12. The U.S. Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
13. Rest of North America Facility Management Market revenue, By Service,2015–2025 (USD Billion)
14. Rest of North America Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
15. Rest of North America Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
16. Rest of North America Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
17. Rest of North America Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
18. Europe Facility Management Market revenue, By Service, 2015–2025 (USD Billion)
19. Europe Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
20. Europe Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
21. Europe Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
22. Europe Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
23. UK Facility Management Market revenue, By Service ,2015–2025 (USD Billion)
24. UK Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
25. UK Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
26. UK Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
27. UK Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
28. France Facility Management Market revenue, By Service,2015–2025 (USD Billion)
29. France Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
30. France Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
31. France Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
32. France Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
33. Germany Facility Management Market revenue, By Service,2015–2025 (USD Billion)
34. Germany Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
35. Germany Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
36. Germany Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
37. Germany Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
38. Rest of Europe Facility Management Market revenue, By Service,2015–2025 (USD Billion)
39. Rest of Europe Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
40. Rest of Europe Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
41. Rest of Europe Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
42. Rest of Europe Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
43. Asia Pacific Facility Management Market revenue, By Service,2015–2025 (USD Billion)
44. Asia Pacific Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
45. Asia Pacific Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
46. Asia Pacific Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
47. Asia Pacific Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
48. China Facility Management Market revenue, By Service,2015–2025 (USD Billion)
49. China Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
50. China Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
51. China Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
52. China Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
53. Japan Facility Management Market revenue, By Service, 2015–2025 (USD Billion)
54. Japan Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
55. Japan Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
56. Japan Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
57. Japan Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
58. India Facility Management Market revenue, By Service,2015–2025 (USD Billion)
59. India Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
60. India Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
61. India Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
62. India Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
63. Rest of Asia Pacific Facility Management Market revenue, By Service,2015–2025 (USD Billion)
64. Rest of Asia Pacific Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
65. Rest of Asia Pacific Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
66. Rest of Asia Pacific Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
67. Rest of Asia Pacific Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
68. Latin America Facility Management Market revenue, By Service,2015–2025 (USD Billion)
69. Latin America Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
70. Latin America Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
71. Latin America Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
72. Latin America Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
73. Brazil Facility Management Market revenue, By Service,2015–2025 (USD Billion)
74. Brazil Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
75. Brazil Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
76. Brazil Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
77. Brazil Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
78. Rest of Latin America Facility Management Market revenue, By Service,2015–2025 (USD Billion)
79. Rest of Latin America Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
80. Rest of Latin America Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
81. Rest of Latin America Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
82. Rest of Latin America Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
83. The Middle East and Africa Facility Management Market revenue, By Service,2015–2025 (USD Billion)
84. The Middle East and Africa Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
85. The Middle East and Africa Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
86. The Middle East and Africa Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
87. The Middle East and Africa Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
88. Saudi Arabia Facility Management Market revenue, By Service, 2015–2025 (USD Billion)
89. Saudi Arabia Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
90. Saudi Arabia Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
91. Saudi Arabia Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
92. Saudi Arabia Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
93. South Africa Facility Management Market revenue, By Service,2015–2025 (USD Billion)
94. South Africa Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
95. South Africa Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
96. South Africa Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
97. South Africa Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
98. Rest of the Middle East & Africa Facility Management Market revenue, By Service,2015–2025 (USD Billion)
99. Rest of the Middle East & Africa Facility Management Market revenue, By Solution , 2015–2025 (USD Billion)
100. Rest of the Middle East & Africa Facility Management Market revenue, By Organization Size ,2015–2025 (USD Billion)
101. Rest of the Middle East & Africa Facility Management Market revenue, By Deployment Type , 2015–2025 (USD Billion)
102. Rest of the Middle East & Africa Facility Management Market revenue, By Vertical, 2015–2025 (USD Billion)
Methodology
FrequentlyAsked Questions
Multidisciplinary in nature, facility management (FM) is the effective and efficient administration of physical assets, infrastructure, and services within an entity. Ensuring the sustainability, safety, and functionality of the constructed environment—that which includes factories, offices, hospitals, stores, and schools—is the aim.
Fast urbanisation results in the creation of new infrastructure and buildings, which increases the demand for efficient facility management solutions to guarantee best operation and maintenance.
According to a report from Zion Market Research, the global Facility Management Market was valued at USD 51.87 Billion in 2023 and is projected to hit USD 190.51 Billion by 2032.
According to a report from Zion Market Research, the global Facility Management Market a compound annual growth rate (CAGR) of 13.9% during the forecast period 2024-2032.
The expansion of the facility management industry in North America over the forecast timeline is due to the countries like the U.S. and Canada being the early adopters of facility management activities.
Key participants profiled in the study are Oracle, FacilityONE Technologies, OfficeSpace, IBM, MCS Solutions, SAP, eMaint, Trimble, Nemetschek, ARCHIBUS, Accruent, CA Technologies, FM: Systems, Planon, Maintenance Connection, iOFFICE, MetricStream, JadeTrack, Facility Management eXpress, FSI, Hippo CMMS, Autodesk, Indus Systems, Archidata, and Apleona.
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