Facility management is comprised of management methods, techniques of building management, and infrastructure management of an organization in order to ensure the functionality of the built environment. Market Research Future (MRFR) has published a research report about the global facility management services market that estimates hike for this market at 12% CAGR (Compound Annual Growth Rate) during the forecast period between 2017 and 2023. By value, the market has been figured to be worth the US $ 61 bn by the end of the forecast period. As per organization size, the market has been segmented into SME and large enterprise. Regarding services, the market has been segmented into inventory management, maintenance management, operations management, project management, and others.
The regional segmentation of the global facility management services market segments the market into the regional markets known as North America, Asia Pacific, Europe, and rest of the world (RoW). North America is the topmost regional market due to technological advancements and early adoption of the technology. The USA is the greatest contributor to this regional market. Second responsible for market growth in this region include growing adoption of the software in enterprises, government and public sectors for the purpose of facility management. After the USA, Canada and Mexico are the most important country-specific markets in this region.
During the forecast period, the Asia Pacific region is expected to emerge as the fastest growing regional [FURL=https://www.marketresearchfuture.com/reports/facility-management-services-market-5952]Facility Management (FM) Services Market[/FURL] due to the growing demand for automation in manufacturing and production facilities. Maximum market revenue in this region comes from China, India, and Japan, followed by the remaining countries of the Asia Pacific region.
Key Players
The key players in the global facility management services market include Accruent (USA), Apleona GmbH (Germany), Archibus Inc. (USA), Archidata Inc. (Canada), Autodesk Inc. (USA), CA Technologies (USA), eMaint (USA), Facility Management eXpress LLC. (USA), FacilityONE Technologies LLC (USA), FM: Systems Group, LLC. (USA), FSi Limited (England), Hippo CMMS. (Canada), Indus Systems Inc. (USA), International Business Machines Corp. (USA), iOFFICE Corp. (USA), JadeTrack Inc. (USA), Maintenance Connection Inc. (USA), MCS Solutions Pvt Ltd (India), MetricStream Inc. (USA), Nemetschek SE (Germany), OfficeSpace Software Inc. (USA), Oracle Corporation (USA), Planon Ltd. (Netherlands), SAP AC (Germany), and Trimble Inc. (USA).
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