The report is organized by end user (commercial, government, and residential) and geographic (Europe, North AmericaAsia-Pacific, South Americaand multilateral environmental agreements)
New York, May 30, 2022 /PRNewswire/—— Facilities Management Market will be driven by the following factors Growing demand for cloud-based facility management solutions. These solutions support the secure hosting of critical data. It also provides other benefits such as improved security and scalability and faster disaster recovery. Companies can restore critical server data from backups stored on shared or private cloud hosting platforms. They can also improve security and collaboration between teams and subsidiaries in multiple locations, reducing operational costs.
Facilities Management Market Expected to Grow $660.29 billion From 2020 to 2025. Moreover, the market’s growth momentum will accelerate at a CAGR of 8.3% during the forecast period.
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Facilities Management Market: Key Segments
By end user, commercial part There will be significant market share growth during the forecast period. Growing number of multinational conglomerates (MNCs) and small and medium enterprises (SMBs) has increased the global demand for commercial office space, which is expected to drive the demand for facilities management. The commercial sector is one of the major contributors to the global facility management market. A major portion of the demand came from the business services, information technology (IT), industrial and manufacturing, real estate and healthcare sectors.
Facilities Management Market: key trends
This Adopt green cleaning products is a trend in the facility management market. As commercial and industrial users become more aware of the benefits of green and environmentally friendly products, many suppliers are offering green and sustainable cleaners. Green cleaning products are also safe to use because they do not involve toxic chemicals or corrosive materials. They are derived from natural essential oils such as basil, lavender, lemon and other botanical sources.
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Facilities Management Market: Vendor Analysis
The facilities management market is fragmented and vendors are deploying growth strategies such as price, service and brand awareness to compete in the market. Some of the major vendors in the market include Aramark Corp., International Business Machines Corp., Interserve Group Ltd., ISS AS, Johnson Controls International Plc, OCS Group Ltd., SAP SE, SIS Ltd., Serco Group Plc and Sodexo Group etc.
Reasons to buy the Facility Management Market report:
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will contribute to the growth of the facilities management market over the next five years
Estimation of the facility management market size and its contribution to the parent market
Predictions of upcoming trends and changes in consumer behavior
Growth of the facilities management market Europe, North AmericaAsia-Pacific, South Americaand multilateral environmental agreements
Market Competitive Landscape Analysis and Vendor Details
Comprehensive details of factors that will challenge the growth of vendors in the facility management market
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Facility Management Market Scope
Growth Momentum and CAGR
Accelerating at a CAGR of 8.3%
Market Growth 2021-2025
Year-on-year growth (%)
Europe, North America, Asia Pacific, South America and MEA
Executive Market Contribution
Asia Pacific 43%
major consuming countries
US, China, India, Germany and UK
Leading Companies, Competitive Strategies, Scope of Consumer Engagement
Aramark Corp., International Business Machines Corp., Interserve Group Ltd., ISS AS, Johnson Controls International Plc, OCS Group Ltd., SAP SE, SIS Ltd., Serco Group Plc and Sodexo Group
Parent Market Analysis, Market Growth Inducers and Barriers, Fast-Growing and Slow-Growing Segments Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Situation Analysis During Forecast Period,
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Table of contents
2 Market structure
3 Market size
4 Five Forces Analysis
5 Market Segmentation by End Users
6 Customer Landscape
7 Geographical Landscape
8 Drivers, challenges and trends
9 Supplier Landscape
10 Supplier Analysis
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