The article cited AMA's Global Facility Management Market Study explored substantial growth with CAGR of 12.5%. According the report, Increasing Adoption of Internet of Things and smart connected devices for building automation is one of the primary growth factors for the market. Increasing Adoption of cloud-based solutions
is also expected to contribute significantly to the Facility Management market. Overall, applications of Facility Management, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as IBM Corporation (United States), Oracle Corporation (United States), SAP SE (Germany), MCS Solutions (Belgium), Ioffice Corporation (United States), Archibus, Inc. (United States), FM System, Inc. (United States), CA Technologies, Inc. (United States), Accruent, LLC (United States), Planon Corporation (Netherlands), Trimble, Inc. (United States), Maintenance Connection (United States), JadeTrack (United States), MetricStream(United States), Facility Management eXpress (United States), eMaint (United States), Hippo CMMS (Canada), Indus Systems (United States) and Autodesk (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Deployment Type, such as On-Premises, is boosting the Facility Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Organization Size, such as Small and Medium-Sized Enterprises, is boosting the Facility Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Service , such as Cleaning & Janitorial services, is boosting the Facility Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Vertical , such as Banking, Financial Services, and Insurance, is boosting the Facility Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Solution , such as Integrated Workplace Management System, is boosting the Facility Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Facility Management market identified that the demand is rising in many different parts of the world as "Lack of Skilled Man force". Furthermore, some recent industry insights like "In February 2021, Toshiba America Business Solutions' printing innovation significantly simplifies everyday packaging applications for shipping and logistics operations. Beyond streamlining everyday tasks for warehouse professionals, Toshiba's Duplex Linerless Thermal Printer (DL1024) reduces costs and boosts productivity while helping organizations meet the demand for more sustainable printing solutions." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Facility Management market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Facility Management market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Facility Management market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Facility Management market and other related sub-markets covered in the study.
o Key & emerging players in the Facility Management market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Facility Management market size is calculated using market estimation process, the Facility Management market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Facility Management market size has been validated using both top-down and bottom-up approaches.