Facilities Management Software Market Innovative Trends, Driving Factors and Growth Analysis 2020-2030
Global facilities management software market stood at US$ 704.15 billion (Bn) in 2018 and is expected to grow at a CAGR of 8.1% during the forecast period (2019 – 2027). The primary market participants in the global facilities management software market include Accruent, FMClarity, ARCHIBUS, Inc., OfficeSpace Service Inc., Planon, Agilent Technologies, Inc., ARC Document Solutions, LLC, AssetWorks, LLC and CBRE ServiceInsight amongst others.
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This growth can be attributed to the ability of this software to assist organizations in overcoming issues related with space management, repair & maintenance work management while saving time and reducing overall costs along with improved efficiency. It helps organizations in keeping historical records to gain real time insights for future growth. This software can be delivered either as an integrated software or a standalone software. Integrated facilities management software is widely preferred among enterprises, as it is easy for implementation and is more cost-effective in comparison with standalone solutions. In addition, demand for integrated software is rapidly increasing, especially among small and medium enterprises to get control over space as well as repair & maintenance work management, which is anticipated to propel the market demand.
Facilities management software support enterprises in attaining economies of scale along with increased productivity. This further enables enterprises in managing a large-scale customer-base service and support. Another factor leading towards the growth of facilities management software market is owing to the frequent strategic alliances formed by key market participants with an aim to strengthen their regional as well as global footprints along with a streamlined focus on new product development.
Global Facilities Management Software Market
- By Type
- Integrated
- Standalone
- By Deployment Type
- Cloud-based
- On-Premise
- By Organization Size
- Small and Medium Enterprises
- Large Enterprises
- By Component
- Solution
- Integrated Workplace Management System
- Building Information Modeling
- Facility Operations and Security Management
- Lease Accounting and Real Estate Management
- Others
- Services
- Consulting
- Auditing and Quality Assessment
- Support and Maintenance
- Service Level Agreement Management
- Solution
- By Vertical
- Healthcare
- Retail
- Manufacturing
- Construction and Real Estate
- Banking, Financial Services, and Insurance
- Government and Public Administration
- Education
- Others
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
Facilities Management Software Market research added by Absolute Markets Insights, offers a comprehensive analysis of the growth trends prevailing in the global business arena. This report also provides definitive data regarding the market, size, marketing aspects, and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of major players in the projection schedule while focusing on their portfolio and regional expansion efforts.
The Global Facilities Management Software Market Analysis to 2030 is a specialized and in-depth study of the Technology, Media, and Telecommunications industry, with an emphasis especially on the analysis of global market trends. The report aims to provide an overview of the enterprise content delivery networks and enterprise streaming software market with detailed market segmentation by component, type of deployment, industry vertical, and geography. The global market for enterprise content delivery networks and enterprise streaming software is expected to witness high growth during the forecast period.
Financial performance:
The overall turnover of the companies / segments for the years 2021, 2020 and 2019 is provided in the sub-heading “Financial performance” (listed companies) with the analysis and explanation of the increase or decrease. decrease in these due to factors such as mergers and acquisitions, profit or loss of any strategic business unit (SBU) and others.
Strategic initiatives:
Information relating to new product launches, strategic collaboration, mergers and acquisitions, regulatory approval and other company developments in the market is covered in the strategic initiatives section.
Facilities Management Software Market: Regional analysis includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC countries and Egypt.)
This research provides detailed information on the major factors influencing the Facilities Management Software market growth on a global and regional level (drivers, restraints, opportunities and challenges), forecast of market size, in terms of value, market share by region and segment; regional market positions; growth opportunities by segment and by country, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats of current competition and prospects; Key Company Profiles, SWOTs and Growth Strategies.
The Facilities Management Software market research covers a comprehensive analysis of the following data:
• Historical and future growth of the Global Facilities Management Software market.
• Segmentation of enterprise content delivery network and enterprise streaming software market to highlight the growth prospects and trends impacting these segments.
• Change the consumption behavior of customers in different regions.
• Regional analysis on the basis of market share, growth prospects and key countries.
• Agreements, product launches, acquisitions and R&D projects of various players in the enterprise content delivery networks and enterprise streaming software market.
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