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Global Facility Management Market By Organization Size(Small & Medium Enterprises, Large Enterprises), By Type(Bundle, Single, Others), By Services, By Deployment Model, By Solution, By End User, By Region–Forecast & Opportunities to 2026

The global facility management market accounted for a value of USD 38.4 billion in 2019. Facility management market is projected to register growth at a CAGR of 8.5% during forecast period.

COVID-19 has impacted all the businesses over globe. The facility management services and solutions is facing decline in demand due to COVID-19 outbreak. The supply chain of raw materials and finished products is disrupted due to travel restriction. The production activities are halted due to lockdown in various segments such as transportation, real estate and manufacturing etc. and there is a huge decline in all these sectors which leads to reduction in demand for facility management and services and solution. However the demand for facility management will be increase due to gradual reopening of businesses.

Definition:

Facility management can be defined as a means of giving maintenance support, project management and user management support to the organizations. It helps in coordinating people working from different locations to the physical workplace of the organizations.

Market Dynamics (Drivers/Opportunities):

The demand for facility management is increasing across the world. Major companies are adopting cloud-based solutions. Cloud-based solutions offer a means of hosting facility management software and it also enhances safety & security and engagement of subsidiaries present in different locations. Facility management based on cloud have various benefits such as it offers secure hosting of critical data, improved scalability and security and it offers quick recovery. This feature drives growth in facility management during forecast period.

The popularity of outsourcing facility management is increasing across the globe. All the enterprises weather small, medium or large expanding their operating models and value creation. The facility management market is growing immensely across the globe. Many organizations are outsourcing facility management at large scale. This drives growth in facility management during forecast period.

Market Insights, by Organization Size

On the basis of organization size, the facility management market is segmented into small & medium-sized enterprises and large enterprises. The SMEs segment is projected to register growth at highest CAFR during forecast period. Facility management ensures cost reduction and it reduces time for troubleshooting problems. The awareness about facility management among SMEs is increasing rapidly. This drives growth in facility management market during forecast period.

Market Insights, by Type

On the basis of type, the facility management market is segmented into bundle, single and integrated facility management. The integrated facility management segment is estimated to foresee growth at highest CAGR during forecast period. IFM helps in combining vendor related and internal communication, it improves productivity in the organization and simplifies the operations. it helps in improving productivity in the organization. All these factors drive growth in IFM segment during forecast period.

Market Insights, by End-User

On the basis of end-users, the facility management market is segmented into IT & telecom, government & public administration, healthcare, education, Banking, financial services and insurance (BFSI), retail, energy & utilities, manufacturing, construction & real estate and others. The BFSI segment is estimated to hold largest market share during forecast period.  BFSI segment deals with management and maintenance of real estate investments and others segments. it helps in managing various operations like work order tracking, space management and asset management. This drives growth in BFSI end-user during forecast period.

Regional Insights

North America region is projected to hold largest market share during forecast period. This region is considered as home for various technologies and innovations. Various organizations in this region are adopting facility management solutions and services at large scale. Major companies established in this region are investing in evolving technologies and in R&D sector for innovations. The rise in demand and adoption of facility management services by various organizations in this region is likely to drive growth in North America region during forecast period.

Key Companies & Market Share Insights

The key market players in facility management industry are IBM, Oracle, SAP, Trimble, Accruent, MRI Software, Planon, Service Channel, Broadcom Inc., Dussmann group, Johnson Controls, Tenon Group, Cushman & Wakefield, Jones Lang  LaSalle, Aramark, Compass Group, CBRE Group and Sodexo

Segments Covered in the Report

This report forecasts The Global Facility Management Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global facility management market report on the basis of type, organization size, deployment model, offering and end-user.

Facility Management Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Facility Management Market, By Organization Size, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Small & Medium-Sized Enterprises
  • Large Enterprises
  1. Facility Management Market, By Type, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Bundle
  • Single
  • Integrated Facility Management
  1. Facility Management Market, By Services, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Professional Services
  • Managed Services
  1. Facility Management Market, By Deployment Model, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • On-premises
  • Cloud
  1. Facility Management Market, By Solution, Market Size & Forecast To 2026
    • Introduction
    • Strategic Planning & Project
    • Workplace & Relocation
    • Sustainability Management
    • Maintenance Management
    • Others
  2. Facility Management Market, By End User, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • IT & Telecom
  • Government & Public Administration
  • Healthcare
  • Education
  • Banking, Financial Services and Insurance (BFSI)
  • Retail
  • Energy & Utilities
  • Manufacturing
  • Construction & Real Estate
  • Others
  1. Facility Management Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Organization Size
    • By Type
    • By Service
    • By Solution
    • By Deployment Model
    • By End-User
    • By Country
      • USA
        • By End-User
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Organization Size
      • By Type
      • By Service
      • By Solution
      • By Deployment Model
      • By End-User
      • By Country
        • Brazil
          • By End-User
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Organization Size
        • By Type
        • By Service
        • By Solution
        • By Deployment Model
        • By End-User
        • By Country
          • UK
            • By End-User
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Organization Size
          • By Type
          • By End-User
          • By Service
          • By Solution
          • By Deployment Model
          • By Country
            • China
              • By End-User
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Organization Size
            • By Type
            • By Service
            • By Solution
            • By Deployment Model
            • By End-User
            • By Country
              • Saudi Arabia
                • By End-User
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • Sodexo
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • IBM
    • Oracle
    • SAP
    • Trimble
    • Accruent
    • MRI Software
    • Planon
    • Service Channel
    • Broadcom Inc.
    • Dussmann Group
    • Johnson Controls
    • Tenon Group
    • Cushman & Wakefield
    • Jones Lang LaSalle
    • Aramark
    • Compass Group
    • CBRE Group
  2. Appendix
    • Interrelated Market

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

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