Global Facility Management Market Report By Deployment Model (On-premise, Cloud-based), By Industry Vertical (BFSI, IT & Telecom, Public Sector, Healthcare, Manufacturing, Retail, Real Estate, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214410
March 2021
Report Formats:

Global Facility Management Market Overview
The key driver impacting the facility management market is the increase in the adoption of cloud-based solutions globally. For instance, The BSA Global Cloud Computing Scorecard report estimations, In 2018 globally there were over half of the enterprises had adopted cloud computing. During the time period 2012 and 2015, cloud computing demand had reached 70% and is likely to stand for 60% of growth during 2020.  Moreover, a growing inclination to use advanced technologies to maintain sustainability at workplaces is estimated to be a significant factor contributing to market growth. 

According to Value Market Research, the global facility management market size was valued at around USD 39,000 million in 2020 and is projected to grow at a CAGR of about 10.5% during the forecast period of 2021 to 2027.

The increasing adoption of IoT and AI in facility management solutions due to its benefits is estimated to augment facility management demand in the forecast period. The benefits include improving occupant experiences, reducing operational costs, and enhancing preventive maintenance planning using real-time and historical data with AI capabilities. Moreover, the massive adoption of IoT by enterprises is also positively impacting market growth.  As per the Federation of American Scientists (FAS), worldwide IoT is expected to grow approximately 37% from 2017 to $1,567B by 2025. Also, active IoT devices number is estimated to grow from 9.9 billion in 2019 to 21.5 billion or more in 2025. However, the shortage of awareness about facility management solutions & their benefits may hamper the global facility management market in the long run. Also, the increase in demand for service outsourcing is negatively impacting the market. The current industry trends, such as the growing trend of outsourcing facility management operations, and Increasing focus on integrating BIM with facility management solutions, are expected to provide market players with new market opportunities.

The facility management market is vast, with many local and global players. The key leaders follow different strategies to advance their market position, such as contracts, amalgamation, extending product portfolio, acquisitions, and product upgrades to raise their market share across the globe. The major players in the report are IBM, SAP, Oracle, Trimble, MRI Software, Accruent, ServiceChannel, Planon, FMX, Service Works Global, FM: Systems, Causeway Technologies, iOFFICE, Spacewell, FSI, ARCHIBUS, JadeTrack, Archidata, Apleona, UpKeep Maintenance Management, FacilityONE Technologies, Facilio, OfficeSpace Software,  eMaint, eFACiLiTY, and Axxerion USA.

Global Facility Management Market Share

In this research report, the facility management market is segmented by deployment model, industry vertical, and region.

Analysis Deployment Model:
By deployment model, the report is segmented into cloud-based and on-premise. The on-premise sector dominates the deployment model segment with a 70% share in 2020. It is due to the high adoption of facility management solutions by large organizations as such organizations can afford to manage dedicated servers, typically deploy on-premises solutions. Moreover, the on-premises deployment type provides offline data analytics and configuration, better control over systems and data thus, driving demand for the on-premise deployment model in the forecast period. 

Analysis by Industry Vertical:
By industry vertical, the report is categorized into BFSI, IT & telecom, public sector, healthcare, manufacturing, retail, real estate, and others. The BFSI sector dominates the industry vertical segment with a 70% share in 2020. It is due to the Enterprises in the BFSI vertical have to deal with the maintenance and management of various real estate investments. Moreover, Facility management solutions, such as IWMS and CMMS, deliberately help facility management teams to manage multiple operations processes, such as work order tracking, asset management, space management, and maintenance management work order tracking, contributing to the residential segment's growth in the forecast period.

 Analysis by Region:
In the regional outlook of the global facility management market, the North America region dominates with a 30% market share during the forecast period. It is due to the growing technological advancements in the field of Artificial intelligence, Machine Learning, cloud computing, and big data and the rise in spending in information, communications technologies. Moreover, the presence of many key players such as IBM, Oracle, and Accruent and the increase in adoption of IoT contribute to the high demand for the facility management market in North America.

Market Segmentation covered in the Report:
By Deployment Model
  • On-premise
  • Cloud-based
By Industry Vertical
  • BFSI
  • IT & Telecom
  • Public Sector
  • Healthcare
  • Manufacturing
  • Retail
  • Real Estate
  • Others
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.   

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . FACILITY MANAGEMENT – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Deployment Model
           3.7.2 By Industry Vertical
           3.7.3 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL FACILITY MANAGEMENT MARKET ANALYSIS BY DEPLOYMENT MODEL
       6.1 Overview by Deployment Model
       6.2 Historical and Forecast Data
       6.3 Analysis by Deployment Model
       6.4 On-premise Market by Regions
       6.6 Cloud-based Market by Regions
 
7 . GLOBAL FACILITY MANAGEMENT MARKET ANALYSIS BY INDUSTRY VERTICAL
       7.1 Overview by Industry Vertical
       7.2 Historical and Forecast Data
       7.3 Analysis by Industry Vertical
       7.4 BFSI Market by Regions
       7.5 IT & Telecom Market by Regions
       7.6 Public Sector Market by Regions
       7.7 Healthcare Market by Regions
       7.8 Manufacturing Market by Regions
       7.9 Retail Market by Regions
       7.10. Real Estate Market by Regions
       7.11 Others Market by Regions
 
8 . GLOBAL FACILITY MANAGEMENT MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview, Historic and Forecast Data
           8.3.2. North America By Segment
           8.3.3. North America By Country
           8.3.4. United State
           8.3.5. Canada
           8.3.6. Mexico
       8.4. Europe
           8.4.1. Overview, Historic and Forecast Data
           8.4.2. Europe by Segment
           8.4.3. Europe by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7. Italy
           8.4.8. Russia
           8.4.9. Rest Of Europe
       8.5. Asia Pacific
           8.5.1. Overview, Historic and Forecast Data
           8.5.2. Asia Pacific by Segment
           8.5.3. Asia Pacific by Country
           8.5.4. China
           8.5.5. India
           8.5.6. Japan
           8.5.7. South Korea
           8.5.8. Australia
           8.5.9. Rest Of Asia Pacific
       8.6. Latin America
           8.6.1. Overview, Historic and Forecast Data
           8.6.2. Latin America by Segment
           8.6.3. Latin America by Country
           8.6.4. Brazil
           8.6.5. Argentina
           8.6.6. Peru
           8.6.7. Chile
           8.6.8. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview, Historic and Forecast Data
           8.7.2. Middle East & Africa by Segment
           8.7.3. Middle East & Africa by Country
           8.7.4. Saudi Arabia
           8.7.5. UAE
           8.7.6. Israel
           8.7.7. South Africa
           8.7.8. Rest Of Middle East And Africa
 
9 . COMPETITIVE LANDSCAPE OF THE FACILITY MANAGEMENT COMPANIES
       9.1. Facility Management Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF FACILITY MANAGEMENT INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. IBM
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. SAP
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Oracle
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Trimble
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. MRI Software
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Accruent
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
       10.9. ServiceChannel
           10.9.1. Company Overview
           10.9.2. Financials
           10.9.3. Products
           10.9.4. Recent Developments
       10.10. Planon
           10.10.1. Company Overview
           10.10.2. Financials
           10.10.3. Products
           10.10.4. Recent Developments
       10.11. MX
           10.11.1. Company Overview
           10.11.2. Financials
           10.11.3. Products
           10.11.4. Recent Developments
       10.12. Service Works Global
           10.12.1. Company Overview
           10.12.2. Financials
           10.12.3. Products
           10.12.4. Recent Developments
       10.13. FM: Systems
           10.13.1. Company Overview
           10.13.2. Financials
           10.13.3. Products
           10.13.4. Recent Developments
       10.14. Causeway Technologies
           10.14.1. Company Overview
           10.14.2. Financials
           10.14.3. Products
           10.14.4. Recent Developments
       10.15. iOFFICE
           10.15.1. Company Overview
           10.15.2. Financials
           10.15.3. Products
           10.15.4. Recent Developments
       10.16. Spacewell
           10.16.1. Company Overview
           10.16.2. Financials
           10.16.3. Products
           10.16.4. Recent Developments
       10.17. FSI
           10.17.1. Company Overview
           10.17.2. Financials
           10.17.3. Products
           10.17.4. Recent Developments
       10.18. ARCHIBUS
           10.18.1. Company Overview
           10.18.2. Financials
           10.18.3. Products
           10.18.4. Recent Developments
       10.19. JadeTrack
           10.19.1. Company Overview
           10.19.2. Financials
           10.19.3. Products
           10.19.4. Recent Developments
       10.20. Archidata
           10.20.1. Company Overview
           10.20.2. Financials
           10.20.3. Products
           10.20.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Deployment Model (USD MN)
  •  On-premise Market by Geography (USD MN)
  •  Cloud-based Market by Geography (USD MN)
  •  Analysis Market by Industry Vertical (USD MN)
  •  BFSI Market by Geography (USD MN)
  •  IT & Telecom Market by Geography (USD MN)
  •  Public Sector Market by Geography (USD MN)
  •  Healthcare Market by Geography (USD MN)
  •  Manufacturing Market by Geography (USD MN)
  •  Retail Market by Geography (USD MN)
  •  Real Estate Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Facility Management Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers and Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Facility Management Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Facility Management Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Deployment Model
  •  Market Attractiveness Analysis by Industry Vertical
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Deployment Model (USD MN)
  •  On-premise Market by Geography (USD MN)
  •  Cloud-based Market by Geography (USD MN)
  •  Global Market Analysis by Industry Vertical (USD MN)
  •  BFSI Market by Geography (USD MN)
  •  IT & Telecom Market by Geography (USD MN)
  •  Public Sector Market by Geography (USD MN)
  •  Healthcare Market by Geography (USD MN)
  •  Manufacturing Market by Geography (USD MN)
  •  Retail Market by Geography (USD MN)
  •  Real Estate Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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