Market Scenario:
The
global facility
management report is predicted to
touch USD 60 billion at a 13% CAGR between 2016- 2022, as per the recent Market
Research Future (MRFR) analysis. Facility management, simply put, is the
process to manage multiple disciplines & operations of a company and ensure
smooth functionality of the built environment. This helps to integrate
technology, process, place, people, and also helps the company to lay emphasis
on their core competencies, which include technology management, property
management, project management, operation and maintenance, leadership strategy,
finance and business, environmental sustainability, and communication.
Inventory management, operation management, project management, maintenance
management, and others are its different services. Owing to its alluring
features and plentiful benefits, facility management has wide applications in
government, IT and telecom, real estate, BFSI, education, manufacturing,
healthcare, retail, and other sectors.
COVID-19 Analysis:
The business impact of
SARS-CoV-2 has been felt across diverse sections of the information technology industry,
albeit at different levels. Companies in the technology sector that supply
services for verticals like travel, retail, hospitality, and entertainment have
noted a dramatic decrease in sales, while the firms that provide services
related to remote worker solutions have observed the opposite. Facility
management report’s fate post pandemic has been relatively less grim compared
to Education Services (ES) and Professional Services (PS) that are mostly
dependent on components that are generally on-site. Novel coronavirus has facility management report to open new avenues for
those firms that are on the lookout for solutions that are reliable,
efficiently managed, scalable, and are subscription-based, to remain more
focused on the core business. The Facility management report is bearing lesser
impact of the COVID-19 outbreak compared to most other segments of the tech
world.
In a nutshell, COVID-19
impact on managed services has been fruitful, with the market growth enhanced
than before. Given the prevalent lockdown situation, managed services vendors
are now investing heavily in remote-centric worker solutions, which can make
the market highly resilient in the coming years, even as the world is currently
rushing to achieve a COVID-19 breakthrough.
Request
a Free Sample @ https://www.marketresearchfuture.com/sample_request/2274
Competitive
Outlook:
Key players profiled in
the global facility management market report include Trimble, Inc. (U.S.),
Interserve Plc. (UK), Accruent, LLC (U.S.), CA Technologies, Inc. (U.S.), FM
System, Inc. (U.S.), Aramark Corporation (U.S.), EMCOR group, Inc. (U.S.), SAP
SE (Germany), Oracle Corporation (U.S.), and IBM Corporation (U.S.).
Segmentation:
The
MRFR provides an inclusive segmental analysis of the global facility management
market based on services, deployment, and end users.
By
services, the global facility management market is segmented into inventory
management, operation management, project management, maintenance management,
and others. Of these, the project management segment will lead the market over
the forecast period for the increasing use of facility management for project
management.
By
deployment, the global facility management market is segmented into cloud and on-premises.
Of these, cloud deployment will dominate the market over the forecast period
for the rising preference for cloud deployment.
By
end users, the global facility management market is segmented into government,
IT and telecom, real estate, BFSI, education, manufacturing, healthcare,
retail, and others.
Regional
Analysis:
Based
on the region, the global facility management market report covers the growth
opportunities and recent trends across North America, Europe, the Asia Pacific
(APAC), & the Middle East and Africa (MEA). Of these, North America will
have the lions share in the market over the forecast period. Increasing use of
technology advances and its use in IT and manufacturing sectors, early adoption
by well-established companies, growing support by the government in the region
for funding in innovations for launching new facility solutions, and the pressing
need for maintenance and support in the manufacturing sector is adding to the
global facility management market growth in the region.
The
global facility management market in the APAC region is predicted to grow at a
fast pace over the forecast period. The surging need for effective facility
management services, growth in the cloud technology market, the ongoing trend
towards outsourcing facility management operations, and burgeoning demand for
high real estate properties are adding to the global facility management market
growth in the region. Besides, the rising emphasis on building asset and space
management system is also adding market growth.
The
global facility management market in Europe is predicted to have steady growth
over the forecast period, while the MEA is predicted to have sound growth over
the forecast period.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/facility-management-market-2274
Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market
Definition
2.2 Scope
of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets
Structure
3 Market
Research Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued….
About Market Research
Future:
At
Market Research Future (MRFR), we enable our customers to unravel the complexity
of various industries through our Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research
(CFR), and Market Research & Consulting Services.
Contact:
Market
Research Future
Office
No. 524/528, Amanora Chambers
Magarpatta
Road, Hadapsar
Pune
- 411028
Maharashtra,
India
+1
646 845 9312
Email: sales@marketresearchfuture.com
Comments
Post a Comment