Global Facility Management Industry to reach USD 78.7 billion by 2025. Global Facility Management Industry valued approximately USD 28.39 billion in 2016 is forecasted to grow with a healthy growth rate of more than 11.96% over the forecast period 2018-2025. The major factors speculated to augment the markets are changing focus to virtual workplace and mobility, requirement to maintain regulatory and environmental compliance, rising development of the sustainable infrastructure and emergence of the SaaS deployment model. Dependency on the in-house facility management team and lack of managerial awareness is one of the key restraining factors of the Industry. Lack of skills & expertise and integration of facility management with legacy ERP systems is the major challenge prevalent in the Industry. Facility management is a professional management discipline focused upon the efficient and effective delivery of support services for the organizations which it serves.
The regional analysis of Global Facility Management Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of Industry share. The increasing number of public-private partnership projects in the North America region is complimenting the growth rate. Whereas, owing to rapid economic growth in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Major market players in Facility Management Industry are Jadetrack, IBM, Emaint, Oracle, Maintenance Connection, SAP, Hippo Cmms, Archibus, Apleona, Trimble, Indus Systems, CA Technologies, iOFFICE, Accruent, Autodesk, Planon, Metricstream, FM Systems, MCS Solutions, Facilities Management Express, FSI, and so on.
Facility Management Industry Segmentation:
• Government & Defense
• Telecom & IT
• Banking, Financial Services, and Insurance (BFSI)
• Energy & Utilities
o Facility Operations & Security Management
o Integrated Workplace Management System
o Facility Environment Management
o Building Information Modelling
o Facility Property Management
o Auditing & Quality Assessment
o Deployment & Integration
o Support & Maintenance
o SLA Management
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa