Precision Business Insights has published a report on the global Facility management market, estimating its value at USD 49,534 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 12.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/facility-management-market
The facility management market refers to the industry that provides services, solutions, and technologies to effectively manage and maintain buildings, spaces, and infrastructure. Facility management encompasses a wide range of activities, including maintenance, cleaning, security, energy management, and space planning, aimed at ensuring the functionality, safety, and efficiency of facilities in residential, commercial, and industrial sectors.
Drivers:
1)Growth in Commercial Real Estate: The expansion of commercial spaces, including offices, malls, and industrial facilities, drives the need for comprehensive facility management solutions.
2)Technology Adoption: Integration of advanced technologies like IoT, AI, and automation in facility management has improved service efficiency, attracting more organizations to adopt these services.
The global facility management market segmentation:
1) By Component: Solution, Asset Management, Workplace & Relocation Management, Strategic Planning Management, Real Estate & Lease Management, Maintenance Management, Others, Services
2) By Deployment Mode: On-premises, Cloud
3) By Organization: Size Small and Medium-sized Enterprises, Large Enterprises
4) By End User: BFSI, Real Estate, IT & Telecom, Manufacturing, Public Sector, Healthcare, Retail, Others
Request sample report at https://www.precisionbusinessinsights.com/request-sample/?product_id=59730
Regional Overview:
The report also examines the current concerns and their Future Effects on the facility management market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the facility management market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like ibm corporation, oracle corporation, sap se, cbre group, inc., jones lang lasalle inc, trimble inc., nemetschek se, fortive, infor inc., mri software llc, eptura, planon , johnson controls international, apleona gmbh, cushman & wakefield plc, causeway technologies limited, service works global limited, facilities management express llc.
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747