The revenue mix of most of the companies of Facilities Management Software Market may change in coming time. One of the important factors would be the shift in topline of the clientele that will push them hard to adopt innovation and spend more on R&D to meet ever dynamic evolving requirements. Some of the players who are preparing for their clients future revenue shift will ride the tide, while others might find it challenging to sustain. To cite an in-depth market outlook AMA released its new publication on Facilities Management Software Market with coverage over 100+ industry players, some of the profiled players are IBM (United States), Oracle (United States), SAP (Germany), MCS Solutions (Belgium), ARCHIBUS (United States), Trimble (United States), CA Technologies (United States), Accruent (United States), Planon (Netherlands), FM Systems (United States), Maintenance Connection (United States), JadeTrack (United States), MetricStream (United States) and Autodesk (United States).
The article cited AMA's "Global Facilities Management Software Market Study" explored CAGR of 11.7%. According to the report, Growing Adoption of Cloud-Based Facilities Management Solutions
is one of the primary growth factors for the market. Increasing Adoption of Smart Connected Devices and IoT for Building Automation
is also expected to contribute significantly to the Facilities Management Software market. Overall, Integrated Workplace Management
applications of Facilities Management Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Deployment Mode, such as On-Premises, is boosting the Facilities Management Software 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 SMEs, is boosting the Facilities Management Software 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 Industry Vertical, such as BFSI, is boosting the Facilities Management Software 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 Facilities Management Software market identified that the demand is rising in many different parts of the world as "Growing Focus on Integrating Building Information Modeling with Facility Management Solutions
". Furthermore, some recent industry insights like "In December 2023, Trimble, a leading provider of construction and geospatial technology, acquired Planon, a prominent European provider of IWMS (Integrated Workplace Management Systems) for €1.8 billion. This merger strengthens Trimble's position in the global FMS market, particularly in Europe." 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 Facilities Management Software 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 Facilities Management Software 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 Facilities Management Software 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.?
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
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 Facilities Management Software market and other related sub-markets covered in the study.
o Key & emerging players in the 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 Facilities Management Software market size is calculated using market estimation process, the Facilities Management Software 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 Facilities Management Software market size has been validated using both top-down and bottom-up approaches.