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Integrated facilities management is the consolidation of facilities management efforts under a single integrated team. This includes contracts, supplier partnerships, space management and estate planning. IFM is not a radical idea, but it can feel like a radical one. Think about the shift to today's facilities management mindset. Data is no longer siled, but organized and aggregated across the entire spectrum. The same goes for facility management. Separating management tasks, duties and resources is not the answer. IFM integrates them.
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Sample on Global Integrated Facility Management Ifm Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 About Us: Contrive Datum Insights is the most comprehensive database of market-related research. Serious researchers from across the globe seeking up-to-date information on the latest market trends with in-depth analyses turn to Contrive Datum Insights. Our massive database boasts authentic reports published by leading authors and publications. CDIs’ highly motivated and expert in-house team undertakes rigorous screening of the credentials of publishers and authors before accepting their submissions. Such vetting is imperative for internal quality control. Our speciality is to deliver syndicate &customised reports that meet the specific needs of clients. Our aim is to produce the perfect report or study, which focuses on our clients’ unique requirements instead of presenting generic one-size-fits all kind of literature which raises more questions than provides answers. Copyright © 2022 Contrive Datum Insights, Canada All Rights Reserved. This document contains highly confidential information and is the sole property of Contrive Datum Insights. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of Contrive Datum Insights. Copyright @ 2022, Contrive Datum Insights Page 2
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 Research Methodology Methodology/Research Approach Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, white papers, and paid databases. Research Programs/Design Draft of deliverables (iterative step) Requirement collection Feasibility check of client requirements Approval from client Secondary research Project initiation Data collection Primary research Cross verification with panel of experts Project delivery to the client Data validation Data analysis Post-delivery support Copyright @ 2022, Contrive Datum Insights Page 3
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 Market Size Estimation Post the initial data mining stage, we gather our findings and analyse them, Wearable Patch/ Data Recordering out relevant insights. These are evaluated across teams and by our in-house Medical. Along with data mining, we also initiate the primary research phase in which we interact with companies operating within the market space. To evaluate the wholeness of the market, we interact (via email or telephone) with players who are responsible in adding value to the final product. Additionally, we interact with related industries to understand the external factors that can drive/hamper a market. We also make it a point to evaluate various economic parameters, which typically, have an impact on the purchasing choices of individuals as well as companies. Post these stages, data are cross-verified with the companies that operate in a market space. It is important for us to study these companies in detail, to understand their existing performance and future strategies which will define the market in the coming years. All this data is collected and evaluated by our analysts. Post the preparation of the report and data analysis, the findings are presented to our in-house experts who then eliminate discrepancies (if any). The key players in the industry and markets have been identified through extensive secondary research. The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. Data Source Secondary Sources In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg Business Week, and Factiva, have been referred to, for identifying and collecting Copyright @ 2022, Contrive Datum Insights Page 4
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles by recognized authors; gold standard and silver standard websites; regulatory bodies; trade directories; and databases. List of secondary sources include but are not limited to: Academic Journals Census.gov Bloomberg Company Annual Report Hoovers Preliminary data mining Raw market data is obtained and collated on a broad front. Data is continuously Wearable Patch/ Data Reordered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers. Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Operation Industry Vertical dynamics with respect to drivers, restraints, pricing trends is also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources. Primary Sources This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, Component providers, domain experts and buyers so as to ensure a holistic Copyright @ 2022, Contrive Datum Insights Page 5
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Operation Industry Vertical Participants (KIPs) which typically include: Market leading companies Raw material suppliers Operating System distributors Buyers The key objectives of primary research are as follows: To validate our data in terms of accuracy and acceptability To gain an insight in to the current market and future expectations Some of the KIPs are mentioned as below: Medtronic Olympus Otsuka Holdings Co., Ltd. Etcetera Others Statistical model Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, Component landscape, Sensor Type development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise. Copyright @ 2022, Contrive Datum Insights Page 6
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of Component landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include: Market drivers and restrains, along with their current and expected impact Raw material scenario and supply v/s price trends Regulatory scenario and expected developments Current capacity and expected capacity additions up to 2026 We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate. Data Triangulation Contrive Datum Insights also leverages three Industry Verticals of data triangulation approaches as follows: Data Triangulation Techniques Data Source Triangulation Methodology Triangulation Theory Triangulation •Extracting data and validation from multiple secondary sources •Combining methodologies data inputs various validate •Applying different theories to check credibility of data sets type of to and primary Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023 Copyright @ 2022, Contrive Datum Insights Page 7
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 Contrive Datum Insights data modeling tool is an in-house developed tool, which is based on the fundamental Top Down and Bottom Up approach. Bottom Up Approach Bottom-up Approach (Segmental Analysis) Global Market Global Market Value Primary: Demand & Supply Side Experts Secondary: Annual Reports, Presentations, Press Releases, Journals, Paid Databases, and A2Z Market Research database Add up all Country Market Sizes to Derive Regional Market Size Primary: Demand and Supply Side Experts Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research database Market Size for a Country = Add up of Total Company Revenues Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023 After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply sides. Copyright @ 2022, Contrive Datum Insights Page 8
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 Top Down Approach Top-Down Approach (Segmental Analysis) Global Market Global Market Size Through Primaries (Demand and Supply Side Experts) Global Market ($ Million) Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research database Primary: Demand &and Supply Side Experts Geographical Split Percent Split for Type and Application Segments for Market Primary: Demand and Supply Side Experts Secondary: Company Websites, Press Releases, and News Articles Secondary: Annual Reports, Presentations, Press Release, Journals, Paid Databases, and A2Z Market Research Primary: Demand and Supply Side Experts Country Split Source: Secondary Literature, Expert Interviews, and Contrive Datum Insights Analysis 2023 Report Objectives To define, describe, and forecast the Integrated Facility Management Ifm Market by segments, and region To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market To analyze the sub-segments with respect to individual growth trends, prospects, and contributions to the total market To analyze opportunities in the market for stakeholders and provide the competitive landscape of the market To forecast the revenues of the market segments with respect to the major regions, such as North America, Europe, Asia Pacific (APAC), Middle East & Africa and South America. Copyright @ 2022, Contrive Datum Insights Page 9
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 To profile the key players and comprehensively analyze their recent developments and positioning in Integrated Facility Management Ifm market. To analyze competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities, in the market Copyright @ 2022, Contrive Datum Insights Page 10
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 Market Overview Market Synopsis In 2022, the market for Integrated Facility Management (IFM) was worth $94.18 billion, and it was expected to grow at a CAGR of 7.20 percent from 2022 to 2030. Integrated facilities management is when all of the work of managing facilities is done by a single team. This includes contracts, partnerships with suppliers, space management, and planning for an estate. IFM is not a radical idea, but it can feel like one. Think about how the way facilities management is done today has changed. Data is no longer kept in silos; instead, it is organized and put together across the board. The same is true for managing a building. Putting tasks, duties, and resources under different managers is not the answer. IFM puts them together. Request Sample Copy of Report “Integrated Facility Management Ifm Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030”, published by Contrive Datum Insights. Key Market Updates: May 2020 Accruent, a leading provider of built environment management solutions, today announced enhancements to its cloud-based manufacturing solution designed to improve access to critical asset information for technicians and engineers working in manufacturing plants and other asset-intensive facilities. In September 2022, Aldar Properties PJSC ("Aldar") announced that it would fully acquire Spark Security Services, the UAE's leading provider of manned security services, expanding its platform for real estate and integrated facility management. In October 2022, German company Apleona entered into an agreement to acquire Dublin-based Acacia Facilities Holdings and its subsidiary Acacia Facilities Management. Regional Outlook: Due to the large number of service providers like IBM, Oracle Corporation, CBRE, Sodexo, and Compass Group, the US will become the biggest market for IFMs in North America. This is because there is a growing need in many industries for flexible, advanced, and integrated facilities management solutions.Also, the US is a market with a high level of maturity, and there are already two generations of signed contracts. One of the main things driving the growth of the market in this region is the rising demand for cloud-based integrated facility management platforms.The market for integrated facility Copyright @ 2022, Contrive Datum Insights Page 11
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 management solutions is also expected to grow a lot because smart technologies and artificial intelligence are becoming more popular. By 2031, the UK market should be worth about $72.5 billion. In the past few years, the UK media landscape has changed quickly. IFM solutions have a lot of room to grow because of the way technology is getting better. New technologies, like sensor technology, will make it possible to use robots in new ways and increase the number of facility maintenance jobs, which will drive the growth of the market.IFM service providers are also getting more interested in cars and transportation because driverless cars are becoming more popular.The IFM market in China is expected to grow at a CAGR of 4.8% and be worth about $45.6 billion by 2021. Buy this Premium Research Report@ https://www.contrivedatuminsights.com/buy/9546 Customization of the Report: The report can be customized as per client needs or requirements. For any queries, you can contact us on anna@contrivedatuminsights.com or +1 215-297-4078. Our sales executives will be happy to understand your needs and provide you with the most suitable reports. Market Scope On the basis of By Type, the market has been segmented as follows: Hard Service Soft Service Other On the basis of By Organization Sizet, the market has been segmented as follows: Small and Medium-sized Enterprises Large Enterprises Other On the basis of By Application, the market has been segmented as follows: Commercial Industrial Other Copyright @ 2022, Contrive Datum Insights Page 12
Global Global Integrated Facility Management Ifm Integrated Facility Management Ifm Market, 202 Market, 2023 3- -20 2030 30 On the basis of Companies IBM, Oracle, SAP, Trimble, Accruent, MRI Software, Planon, Service Channel, Service Works Global, FMX, Causeway Technologies, Spacewell, iOFFICE, FSI, ARCHIBUS, Archidata, JadeTrack, UpKeep Maintenance Management, Apleona, FacilityONE Technologies, And Others. On the basis of Geography NORTH AMERICA EUROPE ASIA PACIFIC MIDDLE EAST AFRICA SOUTH AMERICA About Us: Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise. Social: Facebook / LinkedIn / Twitter Contact Us: Anna B. | Head Of Sales Contrive Datum Insights Phone: +91 9834816757 | +1 2152974078 Email: anna@contrivedatuminsights.com Copyright @ 2022, Contrive Datum Insights Page 13
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