Facilities Management Market Report 2025 (Global Edition)

Global Facilities Management Market Report 2025 Market Size Split by Component (Software, Services ), by End-User (BFSI, Government & Public Sector, Healthcare, Manufacturing, Retail, Education, IT &...

Facilities Management Market Report Description

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Facilities Management Market Insights Video

Competitive Landscape of Facilities Management

The market for Facilities Management is a highly dynamic and diversified competitive environment. It includes various suppliers, ranging from large multinational enterprises to smaller specialized organizations. Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their global footprint, with significant market developments including new Material portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings. Because of automation and technological advancement, businesses compete fiercely to deliver innovative products.

November 2022: Accruent partnered with Jacobs, the biggest provider of integrated engineering solutions in the life sciences industry. Jacobs also provides turnkey engineering services, resulting in faster, compliant, predictable, and predictable project delivery.

(Source:www.accruent.com/resources/press-releases/jacobs-and-accruent-join-forces-partnership)

February 2022: IBM announced the 'Let's Create' marketing campaign to accelerate innovation with clients and partners. 'Let's Create' is an offer for customers and partners to collaborate with IBM to co-create leveraging hybrid cloud and artificial intelligence (AI) technologies and consulting skills.

(Source:newsroom.ibm.com/2022-02-16-With-Lets-create,-IBM-Launches-Brand-Campaign-to-Accelerate-Innovation-with-Clients-and-Partners)

February 2022: Broadcom, Inc. announced the launch of the industry's most secure and highest density Gen 7 64G Fibre Channel switches platform, the Brocade G730 Switch, a 128-port core switch platform for autonomous SANs.

(Source:www.broadcom.com/company/news/product-releases/59931)

Top Companies Market Share in Facilities Management Industry: (In no particular order of Rank)

• Sodexo
• International Business Machines Corporation (IBM)
• ISS A/S
• CBRE Group
• Oracle Corporation
• SAP SE
• Compass Group
• Tenon Group
• Johnson Controls International plc
• Dussmann Group
• Serco Group PLC
• OCS Group International Limited
• G4S Plc
• EFS Facilities Services Group
• Veolia Environment
• Others
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

In terms of revenue, North America Facilities Management Market share was 38% of total market

According to Cognitive Market Research, North America dominated the market in 2023 and accounted for a share of more than 38% of the Worldwide revenue due to several variables. The North American region dominates the market for Facilities Management. North America is predicted to have the highest global facility management market share during the projected period. This is due to significant facility management industry players, the increased use of new technology, and the increased demand for professional and managed services. Facility management solutions are in great demand in infrastructure development countries like the United States and Canada. Increased demand for facility management services in banking and financial services, IT & and telecom, retail, and other industries is expected to drive the North American market. The North American market is expected to grow gradually as novel innovations such as the IoT, AI, and robot adoption are implemented.

The Asia Pacific facility management market is expected to expand rapidly over the projected period. This might be attributed to an increase in the number of enterprises providing similar services in emerging nations such as India and China. The facilities management business in India is rapidly growing, which has resulted in a significant increase in commercial activity in major cities. Furthermore, the facility management business in India is predicted to expand significantly throughout the projection period. This is due to increased government approaches to developing smart cities in the APAC area.

The current report Scope analyzes Facilities Management Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

Facilities Management Market Analysis

Component Segment Analysis

According to Cognitive Market Research, the solution category has the biggest facility management market share based on components since it provides multiple features. It lessens the effort and cost involved in managing space. Additionally, it decreases energy costs and increases asset longevity. This is advantageous to the facilities management services sector.

The services category is predicted to develop fastest throughout the projection period, owing to organizations adopting IT as a service model. It is an IT service model for corporations that manage organizations' strategic business requirements and regular operations, which have much greater growth rates throughout the projection period.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Facilities Management Industry. Request a Free Sample PDF!

End-User Segment Analysis

According to Cognitive Market Research, the BFSI vertical is expected to lead the market. The rising need for office space in modern work environments and leadership practices, as well as the increasing emphasis of BFSI companies on improving the client experience and meeting their ever-changing demands, have resulted in the marketplace for facility management solutions in the banking and financial services vertical growing at an exponential rate. 

Furthermore, the government segment is predicted to increase steadily in the market. This is due to the government's emphasis on building its infrastructure.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Facilities Management Deployment Segment Analysis

During the projection period, the on-premises category is expected to have a bigger market size. On-premises facility management solutions allow offline data analytics and configuration and improved control over systems and data. The on-premises implementation of facility management systems requires professional IT personnel to maintain and support the high-end IT infrastructure.

According to Cognitive Market Research, the cloud segment is estimated to rise significantly during the projection period. Increased acceptance of cloud-based technologies and changes in organizational culture and work style drive the global facility management industry forward. Furthermore, developing novel products and implementing various tactics by leading vendors have a beneficial influence on the growth of the facility management market.

• Cloud
• On-premises

Facilities Management Enterprise Size Segment Analysis

According to Cognitive Market Research, large firms will have a higher market share. Organizations' early adoption of facility management solutions to boost their business functions might be credited to the segment's growth. These systems provide major companies with a web-based unified management tool that allows them to manage (provision, monitor, and control) dispersed sets of assets.

Most SMEs have advanced their operations following the pandemic through digital transformation initiatives. The global number of SMEs is growing, and they are more likely to be focused on improving their digital skills. Growing SMEs' knowledge of the benefits of facilities management software is a primary element driving the segment's highest CAGR.

• SMEs
• Large Enterprises

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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