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According to the latest IMARC group report, entitled “Facilities Management Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026“, the The global facilities management market reached a value of US $ 48.9 billion in 2020. Looking ahead, IMARC group expects the global facilities management market to show strong growth in the period 2021-2026. Facilities management (FM) is a type of organizational operation that requires the coordination of the workplace, people and processes within the built environment. It aims to improve the productivity and quality of life of people who exist in the core business. There are different types of facilities covered by FM, such as auto shops, hospitals, retail establishments, office buildings, grocery stores, hospitals, sports complexes, hotels and other institutions. governmental or income-generating. A facilities manager works on the integration of enterprise architecture, administration, and engineering and behavioral sciences. Some of the responsibilities that are commonly associated with FM include property or building management, space planning and accounting, records management, janitorial services, security, and telecommunications and information systems. .

We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Global Facilities Management Market Trends:

In recent years, companies around the world have started to outsource FM services. The popularity of this model has attracted several new entrants to the market that offer advanced solutions to businesses. In addition, the advent of technologies based on artificial intelligence (AI) and the Internet of Things (IoT) has enabled industry players to move from a tactical and traditional management of facilities to a management experience. predictive and smarter. One of these advanced solutions includes blockchain technology, which has allowed companies to offer greater transparency as well as efficiently track maintenance and service visits from contractors. Apart from this, regulators around the world have taken initiatives to promote FM in start-ups. For example, in 2018 the Australian facilities management organization, Facility Management Association, introduced the Indigenous Engagement Strategy. The initiative aims to support Indigenous businesses and provide career opportunities for Indigenous and Torres Strait Islander peoples.

Explore the full report with table of contents and list of figures:

Key market segmentation:

Competitive landscape:

The report also analyzed the competitive landscape of the market with some of the major players being IBM, Oracle, Trimble, CA Technologies, SAP, Archibus, Accruent, Maintenance Connection, MCS Solutions, Planon, Ioffice, Jadetrack, Metricstream, Emaint, Facilities Management Express, etc.

Market breakdown by solution:

    • Integrated workplace management system
    • Facility operations and security management
    • Creation of information representation systems
    • Facility ownership management
    • Environmental management of facilities

Market breakdown by service:

    • Deployment and integration
    • Audit and quality assessment
    • Assistance and maintenance
    • Consultant
    • Managing Service Level Agreements

Market breakdown by type of deployment:

Market breakdown by organization size:

    • Small and medium enterprises
    • Large companies

Market breakdown by vertical:

    • Banking, financial services and insurance
    • IT and telecom
    • Government and public administration
    • Health care
    • Education
    • Retail
    • Energy and utilities
    • Others

Breakdown by region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Highlights of the report:

  • Market performance
  • Market outlook
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About Us:

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

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