The article cited AMA's Global Facilities Management Services Market Study explored substantial growth with CAGR of 7.1%. According the report, Rising need to maintain environmental and regulatory compliance is one of the primary growth factors for the market. Emergence of SaaS deployment model and IoT
is also expected to contribute significantly to the Facilities Management Services market. Overall, BFSI
applications of Facilities Management Services, 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 Oracle (United States), Archibus (United States), CA Technologies (United States), Accruent (United States), Planon Corporation (United States), Ioffice (United States), Trimble, Inc. (United States), IBM Corporation (United States), FM Systems, Inc. (United States) and SAP SE (Germany) may see astonishing sales in this Market and certainly improve revenue growth.
The Enterprise Size, such as SMEs, is boosting the Facilities Management Services 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 Services market identified that the demand is rising in many different parts of the world as "New advanced technology in facility management service". Furthermore, some recent industry insights like "In November 2023, Sodexo and Aramark, two major FM companies, partnered to form a joint venture for catering and facilities management services in the Middle East region. This expansion reflects the growing demand for FM services in the region." is constantly making the industry dynamic. One of the challenges that industry facing is "The dearth of skilled experts"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Facilities Management Services 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 Services 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 Services market tight? Which application/end-user category or Product Type [Solutions [IWMS, BIM, Facility Operations and Security Management, Facility Environment Management, Facility Property Management] and Service [Professional Services, Managed Services]] 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 Facilities Management Services market and other related sub-markets covered in the study.
o Key & emerging players in the Facilities Management Services 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 Services market size is calculated using market estimation process, the Facilities Management Services 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 Services market size has been validated using both top-down and bottom-up approaches.