Facility Management Market 2019 Research Key Players, Industry Overview, Supply Chain and Analysis to 2024

(The Express Wire via Comtex)

Facility Management Market 2019 Report examines the business status, size, share, trends, development opportunity, competition landscape and forecast to 2024. This report also offers data on patterns, developments, target industry sectors, limits and advancements. Furthermore, this research report classifies the market by companies, region, type and end-use industry.

Facility Management Market “research report highlights existing dynamics and growths during the forecast period 2019-2024. The report incorporates detailed analysis of the market development drivers as well as the preventing factors in the Facility Management market. The scope of the report covers an extensive estimation pertaining to the winning essentials and participant schemes through a presentation of the segmentation of market in the report.

Following Companies Are Covered by Facility Management Market

  • Archibus Inc.
  • CA Technologies
  • FM System Inc.
  • IBM Corporation
  • iOffice Corporation
  • Oracle Corporation
  • Planon Corporation
  • SAP SE
  • Satnav Technologies
  • Trimble Navigation Ltd

Get a Sample Copy of the Report - https://www.absolutereports.com/enquiry/request-sample/14245072

Market Overview:

  • The facility management market was valued at USD 35.92 billion in 2018, and is expected to reach a market value of USD 72.43 billion by 2024, registering a CAGR of 12.51% during the forecast period of 20192024.
  • - Facility management (FM) includes management methods and techniques for building management, infrastructure management for an organization and also the means of overall harmonization of the work environment in an organization. This system standardizes services and streamlines processes for an organization.
  • - The increased spending on the infrastructural aspect can be cited as one of the major drivers for the growth of the FM market. Moreover, the increasing focus on optimization processes and energy efficiency improvements are the main driving forces for the development of the facility management market.
  • - Along with this, real estate, manufacturing, retail, and the public sector are also a few industry verticals which have witnessed high infrastructural growth. These verticals mentioned above constitute the primary end users of facility management solutions, owing to the growing need for integrating data from operational facilities into other business applications.
  • - However, security concerns related to the safety of devices and networks is one of the factors restraining the market growth. Increasing security breaches and growing threats of cybercrime groups are creating skepticism, thus affecting the growth of the market.

Scope of the Report:

  • Facility management encompasses multiple disciplines to ensure the functionality of the built environment by integrating people, place, process, and technology. Also, facility management is the coordination of a facility’s operations meant to make the organization as a whole more effective at what it does. The facility management is applied in various industry verticals like retail, education, and healthcare, among others as per the need of the business.

Why there is Need of Facility Management Market Research?

  • To determine trades anticipation, consumption trend, and need of market.
  • To keep up competitiveness over applicants performing in the Facility Management market.
  • To get detailed knowledge of the market which helps in terms of decision- making.
  • To advance insight into industrial, social, methodological, and legal aspects of the market.
  • To perceive the detailed market size derived by analyzing upward and downward moment of Facility Management market trends.
  • To get knowledge of worldwide marketplaces and their leveling trading environments, effectiveness, and inclinations.

For More Information or Query or Customization Before Buying, Visit at - https://www.absolutereports.com/enquiry/pre-order-enquiry/14245072

Key Market Trends:

Integrated Facility Management to Witness Higher Growth Rate

- Integrated facility management is a method of combining many (or all) of the office related services and processes under one vendor and management team. IFM streamlines internal and vendor-related communication, simplifying day-to-day operations management, and improving productivity in the organization.
- With multiple vendors working on different components of the organization, redundancy and overlap are inevitable. Costs are also an important factor of concern as different teams spend their time and money on initiatives that do not align with the company's future goals. With IFM, inefficiency and unnecessary expenditure become easy to identify, since there is greater visibility.
- The North American region has largely set the global standard for integrated facility management (IFM) services, owing to the home presence of large contract management and real estate firms. The North American market has a presence of large nationally and internationally operating IFM companies from the backgrounds of technical FM, property management, and support services.

North America Occupies the Largest Market Share

- Latest technological breakthroughs in the North American region have assisted the advancement of facility management solutions that makes the overall processes highly efficient and significantly improve accuracy in various applications.
- There have been a series of new solutions, mergers and acquisitions in the North American region to take advantage of this opportunity. The primary driver behind these investments are the continuous evolution and increasing application of new technologies to unlock enormous volumes that were previously considered non-commercial.
- With these series of investments, IT and telecom, BFSI, real estate, and healthcare applications in North America are set to boom over the next five years.

Reasons to Purchase this Report

  • How the developing pattern towards maintainability goes about as a driver to the worldwide Facility Management market situation?
  • Analyzing different points of view of the market with the assistance of Porter's five powers investigation
  • Which solutions and end-user vertical is predictable to overlook the Facility Management market?
  • Which regions are relied upon to observe the fastest development during the prediction period?
  • Identify the most recent advancements, market shares and strategies utilized by the significant market players.

Purchase this Report (Price 4250 USD for single user license) - https://www.absolutereports.com/purchase/14245072

Detailed TOC of Facility Management Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Emergence of Cloud-Based Services
4.3.2 Changing Work Culture in Organizations
4.4 Market Restraints
4.4.1 Lack of Managerial Awareness
4.5 Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Single
5.1.2 Bundled
5.1.3 IFM
5.2 By Service
5.2.1 Professional Services
5.2.2 Managed Services
5.3 By Solution
5.3.1 Strategic Planning and Project Management
5.3.2 Workplace and Relocation Management
5.3.3 Sustainability Management
5.3.4 Maintenance Management
5.3.5 Other Solutions
5.4 By End User
5.4.1 IT and Telecommunications
5.4.2 Healthcare
5.4.3 Retail
5.4.4 Education
5.4.5 BFSI
5.4.6 Other End Users
5.5 Geography
5.5.1 North America
5.5.2 Europe
5.5.3 Asia-Pacific
5.5.4 Latin America
5.5.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Archibus Inc.
6.1.2 CA Technologies
6.1.3 FM System Inc.
6.1.4 IBM Corporation
6.1.5 iOffice Corporation
6.1.6 Oracle Corporation
6.1.7 Planon Corporation
6.1.8 SAP SE
6.1.9 Satnav Technologies
6.1.10 Trimble Navigation Ltd

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

Contact Us:

Name: Ajay More

Phone: US +14242530807/ UK +44 20 3239 8187

Email: [email protected]

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Facility Management Market 2019 Research Key Players, Industry Overview, Supply Chain and Analysis to 2024