Global Facility Management Market By Overview
Introduction:
Facility management is a management of discipline focused on the effective and efficient delivery of support services for organizations which are serves. Facility management is ensured functionality, comfort, safety, and efficiency of the built environment by integrating place, people, process, and technology. Facility management maintains buildings and equipment of organization. Facility management is required to control and manage many environment and safety related issues. Facility management helps to maintain environmental and regulatory compliance. The Facility Management market accounted for US$ 55.9 billion in 2024 and is estimated to be US$ 206.1 billion by 2034 and is anticipated to register a CAGR of 13.9%.
Global Facility Management Market By Dynamics
Increasing Demand for Integrated Facility Management
Increasing demand for integrated facility management to achieve economies of scale where reductions is done in average costs attributable to increase production volume is major factor driving growth of the facility management market. In addition, rising adoption of disruptive technologies such as cognitive computing, augmented reality, internet of things and analytics, robots, and drones in facility management area fuels growth of the target market. Furthermore, emergence of the software-as-a-service deployment model, coupled with growing adoption of internet of things and smart connected devices for building automation are factors promoting growth of the facility management market. Moreover, rising need for safety, comfort, and healthy environment for employees, coupled with increasing awareness about outsourced services among customers are factors supporting growth of the target market. However, lack of managerial awareness and dependence on in-house facility management team is factor hindering growth of the facility management market. Integration of building information modeling with facility management solutions and implementation of the digital twin technology for facility asset management is expected to create lucrative growth opportunity for the major players operating in the facility management market.
Global Facility Management Market By Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The Facility Management market is segmented based on solutions, service, deployment type, organization size, vertical, and region.
On the basis of solutions, the target market is categorized into integrated workplace management system, building information modeling, facility operations and security management, facility environment management, and facility property management. Facility operations and security management sub-segment is classified into lighting control, HVAC control, video surveillance and access control, and emergency and incident management. Facility environment management sub-segment divided into sustainability management and waste management. Facility property management sub-segment is bifurcated into lease accounting and real estate management, asset maintenance management, workspace and relocation management, and reservation management. On the basis of service, the facility management market is segmented into deployment and integration, consulting, auditing and quality assessment, support and maintenance, and SLA (service providers need) management. On the basis of deployment type, the target market is categorized into on-premises and cloud. On the basis of organization size, the facility management market is divided into small and medium-sized enterprises and large Enterprises. On the basis of vertical, the market is classified into BFSI, IT and telecom, government and public administration, healthcare, education, retail, energy and utilities, manufacturing, and construction and real estate.
Regional Insights:
The Facility Management market accounted for US$ 55.9 billion in 2024 and is estimated to be US$ 206.1 billion by 2034 and is anticipated to register a CAGR of 13.9%.On region the Facility Management market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2020, the market in North America is expected to account for major revenue share in facility management market, followed by markets in other region. Increasing number of public-private partnership projects as well as growing number of redevelopments in the existing facilities has increased burden on the existing facilities especially in U.S. and Canada. Europe is expected to account for fastest growing rate in facility management market, owing to improved macro economic outlook and recovering construction activity in the countries of the region. The market in Asia Pacific is expected to grow at the highest rate due to rising penetration of internet, development of the construction industry, and need of better data management.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2023 |
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Forecast period |
2024 – 2034 |
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Market representation |
Revenue in USD Billion & CAGR from 2024 – 2034 |
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Market Segmentation |
By Solutions- Integrated Workplace Management System, Building Information Modeling, Facility Operations and Security Management, Facility Environment Management, and Facility Property Management By Service– Deployment and Integration, Consulting, Auditing and Quality Assessment, Support and Maintenance, SLA (Service Providers Need) Management By Deployment Type– On-Premises and Cloud By Organization Size- Small and Medium-Sized Enterprises and Large enterprises By Vertical- BFSI, IT and Telecom, Government and Public Administration, Healthcare, Education, Retail, Energy and Utilities, Manufacturing, and Construction and Real Estate |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Facility Management market report based on solutions, service, deployment type, organization size, vertical, and region.
Facility Management Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Facility Management Market By Key Players
The Key players operating in the facility management market includes International Business Machines Corporation, Oracle Corporation, SAP SE, MCS Solutions, ARCHIBUS, Inc., Trimble Inc., CA Technologies, Accruent, LLC, Planon B.V., FM:Systems, Inc., iOFFICE, Inc., Maintenance Connection Inc., JadeTrack, MetricStream, Inc., Facilities Management eXpress, LLC, eMaint Enterprises, LLC, Hippo CMMS, Indus Systems Inc, Autodesk, Inc., Nemetschek SE, Archidata Inc, Officespace Software Inc, FacilityONE Technologies, LLC, and Apleona GmbH.
Oracle Corporation
Oracle Firm, headquartered in Austin, Texas, is an American global computer technology corporation. Oracle will be the world's third-largest software firm by revenue and market capitalization in 2020. Enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software (also known as customer experience), enterprise performance management (EPM) software, and supply chain management (SCM) software, are sold by the company.
Global Facility Management Market By Company Profile
- International Business Machines Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Oracle Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SAP SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- MCS Solutions
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- ARCHIBUS, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Trimble Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CA Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Accruent, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Planon B.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- FM:Systems, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Facility Management Market By Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Solution
- Market Snippet, By Service
- Market Snippet, By Deployment Type
- Market Snippet, By Organization Size
- Market Snippet, By Vertical
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Pipeline Analysis
- Merger and Acquisitions
- Recent Approvals
- Epidemiology
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Facility Management Market, By Solutions, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Integrated Workplace Management System
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Building Information Modeling
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Facility Operations and Security Management
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Lighting Control
- HVAC Control
- Video Surveillance and Access Control
- Emergency and Incident Management
- Facility Environment Management
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Sustainability Management
- Waste Management
- Facility Property Management
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Lease Accounting and Real Estate Management
- Asset Maintenance Management
- Workspace and Relocation Management
- Reservation Management
- Overview
- Global Facility Management Market, By Service, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Small and Medium-Sized Enterprises
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Large enterprises
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global Facility Management Market, By Vertical, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- BFSI
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- IT and Telecom
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Government and Public Administration
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Healthcare
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Education
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Retail
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Energy and Utilities
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Manufacturing
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Construction and Real Estate
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global Facility Management Market, By Region, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Solutions, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Service, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Vertical, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Solutions, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Service, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Vertical, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Germany
- UK
- France
- Russia
- Italy
- Switzerland
- Sweden
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Solutions, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Service, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Vertical, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- China
- India
- Australia & New Zealand
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Solutions, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Service, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Vertical, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Brazil
- Mexico
- Argentina and Chile
- Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Bn), By Solutions, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Service, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Vertical, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast (US$ Bn), By Solutions, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Service, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Vertical, 2024-2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- South Africa
- Central Africa
- North Africa
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- International Business Machines Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Oracle Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- SAP SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- MCS Solutions
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- ARCHIBUS, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Trimble Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- CA Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Accruent, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Planon B.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- FM:Systems, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- iOFFICE, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Maintenance Connection Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- JadeTrack
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- MetricStream, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Facilities Management eXpress, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- eMaint Enterprises, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Hippo CMMS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Indus Systems Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Autodesk, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Nemetschek SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Archidata Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Officespace Software Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- FacilityONE Technologies, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- Apleona GmbH.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategy
- International Business Machines Corporation
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
-
FAQs
The Facility Management Market report segments the market on the based of solutions, service, deployment type, organization size, vertical, and region.
The facility management market is expected to register moderate growth over the forecast period. This is attributed to rising adoption of disruptive technologies such as cognitive computing, augmented reality, internet of things and analytics, robots, and drones in facility management area.
By region North America facility management market accounted for major revenue share of the global facility management market and is further anticipated to maintain its dominance over the forecast period.
The leading players operating in the Global Facility Management Market includes International Business Machines Corporation, Oracle Corporation, SAP SE, MCS Solutions, ARCHIBUS, Inc., Trimble Inc., CA Technologies, Accruent, LLC, Planon B.V., FM:Systems, Inc., iOFFICE, Inc., Maintenance Connection Inc., JadeTrack, MetricStream, Inc., Facilities Management eXpress, LLC, eMaint Enterprises, LLC, Hippo CMMS, Indus Systems Inc, Autodesk, Inc., Nemetschek SE, Archidata Inc, Officespace Software Inc, FacilityONE Technologies, LLC, and Apleona GmbH.