Facilities Management Market Size to Grow USD 660.29 Billion Growing Demand for Cloud-Based Facilities Management Solutions to Drive Growth

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.

Technavio has published its latest market research report titled

Technavio has published its latest market research report titled “Facility Management Market by End User and Geography – Forecast and Analysis 2021-2025”

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

Report Scope

detail

page number

120

base year

2020

forecast period

2021-2025

Growth Momentum and CAGR

Accelerating at a CAGR of 8.3%

Market Growth 2021-2025

$660.29 billion

market structure

fragmentization

Year-on-year growth (%)

4.07

Regional Analysis

Europe, North America, Asia Pacific, South America and MEA

Executive Market Contribution

Asia Pacific 43%

major consuming countries

US, China, India, Germany and UK

Competitive Landscape

Leading Companies, Competitive Strategies, Scope of Consumer Engagement

Company Profile

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

Market dynamics

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,

Custom permissions

If our reports do not contain the data you are looking for, you can contact our analysts and customize the segmentation.

Table of contents

1.executive Summary

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

11 Appendix

about us
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