Global Facility Management Market Size

1. Global Facility Management Market Size, Share, Growth Analysis, By Service Type By End-User By Component By Deployment By Enterprise Size Industry Forecast 2023-2030 Facility Management Market size was valued at USD 43.5 billion in 2021 and is poised to grow from USD 54.05 billion in 2022 to USD 119.4 billion by 2030, growing at a CAGR of 11.8% in the forecast period (2023-2030) Facility Management Market size was valued at USD 43.5 billion in 2021 and is poised to grow from USD 54.05 billion in 2022 to USD 119.4 billion by 2030, growing at a CAGR of 11.8% in the forecast period (2023-2030).According to the International Facility Management Association (IFMA), facility management is the integration of a physical workplace with a company's workforce and involves activities like equipment upkeep, space planning, and portfolio forecasting. These services include leadership & strategy, real estate & property management, project management, quality, human factors, environmental sustainability, emergency planning & business continuity, and others. On the other hand, the study mainly focuses on the technological side of management services, including software and services that aid in enhancing the efficacy and efficiency of facility management. This industry, which is described as offering maintenance help, user management, and project management, has grown significantly over the past 20 years as a result of the first development in urbanisation and industrialization. The

2. productivity and efficiency of organisations are influenced by a variety of elements that are included in facility management. A benchmark for creating and advancing efficient strategic, tactical, and operational FM principles around the world is the new management system standard, which complies with industry best practises. The FM sector's services have become incredibly commoditized. Additionally, because end-user sectors are highly price-sensitive, contracts are designed to be shorter in duration. The oversupply of commercial real estate has put pressure on rent yields, which has caused clients to reduce their spending on FM services. Global Facility Management Market Segmental Analysis The Global Facility Management Market is segmented based on the Service type, Component, Enterprises Size, Deployment, End-User and region. Based on service type the

3. market is segmented into hard services, soft services, other services Based on Component the Facility Management Market is segmented into Solutions (IWMS, BIM, Facility Operations and Security Management) and Services. Based on Deployment the market is segmented into Cloud, On- premises. Based on End-User the Facility Management Market is segmented into Public Sector, BFSI, Manufacturing, IT, Telecom, Healthcare, Retail, Education, Others. Based on Enterprise Size the market is segmented into Large Enterprises, Medium Enterprises, Small Enterprises. Based on Region the Facility Management Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA. View more @ https://www.skyquestt.com/report/facility- management-market Facility Management Market Top Player's Company Profiles •IBM Corporation •Oracle Corporation •SAP SE •Trimble, Inc. •Archibus, Inc. •Accruent LLC •CA Technologies

4. •Planon Corporation •FM:Systems Group LLC •iOFFICE, Inc. •Autodesk, Inc. •Johnson Controls International PLC •JLL •CBRE Group, Inc. •ISS World Services A/S •Sodexo •Compass Group PLC •Aramark Corporation •G4S plc •Mitie Group plc About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886

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