1. Market Research
  2. > Business Services
  3. > Maintenance and Cleaning Services Market Trends
Facility Management Market by Solution, Service, Deployment Type, Organization Size, Vertical And Region - Global Forecast to 2023

Facility Management Market by Solution, Service, Deployment Type, Organization Size, Vertical And Region - Global Forecast to 2023

  • April 2018
  • 198 pages
  • ID: 4138213
In this report:
The overall facility management solutions market size is expected to grow from USD ##,##.## million in 2018 to USD ##,##.## million by 2023, at a CAGR of ##.##% during the forecast period.
The retail vertical is expected to register the highest CAGR of ##.##% during the forecast period and is projected to grow from USD ##,##.## million in 2018 to USD ##,##.## million by 2023.

Summary

Table of Contents

Search Inside

The facility management market is projected to grow at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period
The global facility management market size is expected to grow from USD 34.65 billion in 2018 to USD 59.33 billion by 2023, at a CAGR of 11.4% during the forecast period. Growth in the development of sustainable infrastructure and in the adoption of IoT and connected devices for building automation is a major driving factor for the facility management market. An increasing need to meet environmental and regulatory compliance is also driving the facility management market. However, lack of managerial awareness and dependency on the in-house facility management team could be a major restraining factor for the market growth.

The waste management in the facility environment management segment is expected to grow at the highest CAGR during the forecast period
Waste management solutions enable facility management teams to weigh and manage multi-stream wastes from a wide range of buildings and facilities, such as office blocks, hospitals, hotels and restaurants, universities, retail stores, care homes, airports, and exhibition centers. These solutions help facility management teams precisely monitor different waste streams, such as chemicals, food, plastics, ink, batteries, and papers, in facilities.

The video surveillance and access control segment is expected to have the largest market size in the operations and security management segment during the forecast period
Video surveillance is a vital tool for protecting and securing people and facilities, round the clock.Increasing number of threats has resulted in the deployment of surveillance systems that provide situational awareness around critical facilities.

Education institutes, hotels, and government offices have to protect their entry and exit points to prevent vandalism and avoid authorization issues.Video surveillance solutions simplify the management of large numbers of hardware devices, such as cameras and sensors.

They also automate the configuration of security devices. These solutions can automatically create an alert with the picture of the intruder and send it to the registered devices.

North America is expected to have the largest market size, and Middle East and Africa (MEA) is projected to grow at the highest rate during the forecast period
North America is the largest contributor to the facility management market in terms of market size, as it is a technologically advanced region.The top countries contributing to the facility management market in this region are the US and Canada.

Enterprises in the government and public administration vertical are also adopting facility management solutions, and the vertical would provide high growth opportunities in the facility management market during the forecast period.The development of the North American facility management market can also be attributed to the increase in the number of public-private partnership projects in the region.

Growing redevelopments in the existing facilities and rising population have increased the burden on the existing facilities.
The MEA region comprises major economies, such as the United Arab Emirates (UAE), the Kingdom of Saudi Arabia (KSA), Qatar, Israel, and South Africa, which are expected to register high growth in the facility management market.The region has witnessed high adoption of tech-savvy solutions across various verticals.

Mega infrastructure developments, such as Mohammed Bin Rashid City, Dubai Creek Harbor, Dubai Expo Site in UAE, Jazan Industrial City in KSA, QP District, and Doha Festival City in Qatar, have created opportunities for facility management providers in the MEA region.
In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of the profiles of the primary participants is as follows:
• By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30%
• By Designation: C-Level – 72%, Director Level – 14%, and Others – 14%
• By Region: North America – 57%, Europe – 14%, and APAC – 29%

The facility management market includes various major vendors, such as IBM (US), Oracle (US), SAP (Germany), MCS Solutions (Belgium), ARCHIBUS (US), Trimble (US), CA Technologies (US), Accruent (US), Planon (Netherlands), FM:Systems (US), iOFFICE (US), Maintenance Connection (US), JadeTrack (US), MetricStream (US), Facility Management eXpress (US), eMaint (US), Hippo CMMS (Canada), FSI (England), Indus Systems (US), Autodesk (US), Nemetschek (Germany), Archidata (Canada), OfficeSpace (US), FacilityONE Technologies (US), and Apleona (Germany).

Research Coverage
The report includes an in-depth competitive analysis of the key players in the facility management market along with their company profiles, recent developments, and key market strategies. The report segments the facility management market by solution, service, organization size, deployment type, vertical, and region.

Reasons to buy the Report:

The report will help the market leaders/new entrants in the facility management market in the following ways:
1. The overall facility management market revenue stream has been estimated based on the revenues generated by vendors, offering facility management solutions and associated services, inclusive of deployment and integration, consulting, support and maintenance, SLA management and auditing and quality assessment offered by professional service providers, including Managed Service Providers (MSPs). The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split into verticals and regions.
2. The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
3. The report will help the stakeholders understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Facilities Support Services Global Market Report 2019

Facilities Support Services Global Market Report 2019

  • $ 4000
  • January 2019

Facilities Support Services Market Global Report 2019 provides the strategists, marketers and senior management with the critical information they need to assess the global facilities support services ...

China Facility Management Market - Competition Forecast & Opportunities, 2023

China Facility Management Market - Competition Forecast & Opportunities, 2023

  • $ 2700
  • November 2018

China Facility Management Market By Insource Vs Outsource, By Organized Vs Unorganized, By Service (Cleaning, Security, Property, Support, & Others), By Application (Commercial, Residential & Industrial), ...

IDC's Worldwide Digital Transformation Use Case Taxonomy, 2018: Facility Management

IDC's Worldwide Digital Transformation Use Case Taxonomy, 2018: Facility Management

  • $ 4500
  • September 2018

This IDC study presents IDC's first digital transformation (DX) use case taxonomy for facility management. It includes descriptions of the strategic priority, programs, and use cases for this horizontal ...


ref:plp2018

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on