Facility Management Market: By Component (Solution, Asset Management, Workplace & Relocation Management, Strategic Planning Management, Real Estate & Lease Management, Maintenance Management, Others, Services), By Deployment Mode (On-premises, Cloud,), By Organization (Size Small and Medium-sized Enterprises, Large Enterprises), By End User (BFSI, Real Estate, IT & Telecom, Manufacturing, Public Sector, Healthcare, Retail, Others), and Geography

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Facility Management Market size was valued at USD 44,187.2 million in 2023 and is poised to grow at a CAGR of 12.1% during the forecast period of 2024-2030. Due to the increasing demand for smart buildings and are becoming increasingly popular as businesses look for ways to improve efficiency and sustainability. Facility management systems play a crucial role in managing smart buildings by collecting data from sensors and devices throughout the building and using it to optimize energy use, space allocation, and other factors. Businesses are increasingly focused on sustainability, facility management systems can help businesses track their energy consumption, water usage, and waste generation, and identify ways to reduce their environmental impact.

The growth of the commercial real estate sector is another major driver of the facility management market. As the number of office buildings, retail spaces, and other commercial properties increases, so does the demand for facility management services to keep these properties running smoothly. However, the potential growth of facility management is affected by the cost of hardware, software, and integration can be significant, and businesses need to weigh the cost of the system against the potential benefits, facility management systems collect a lot of data about building operations and occupants. This data can be sensitive, and businesses need to make sure that it is secure, and faces a shortage of skilled labor.

Facility Management Market Key Developments: 
  • In April 2023, Blue Skyre IBE was acquired by Lessen. This acquisition enables Lessen to broaden its portfolio of facilities management and Environmental, Social, and Governance (ESG) solutions.
  • In September 2023, Johnson integrated security device monitoring and management into its OpenBlue platform. The security service provides a connection between devices and a centralized monitoring system, enabling timely notifications to facility operators regarding device faults and performance degradation.

Facility Management Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

12.1%

Largest Market

Europe

Fastest Growing Market

Asia Pacific
Facility Management Market Dynamics

Artificial intelligence (AI) and the Internet of Things (IoT) are a rapidly growing trend that is having a major impact on the facility management industry. These are used to automate tasks, such as scheduling maintenance and troubleshooting problems, and collect data from sensors and devices throughout a building, and this data can be used to improve the efficiency and sustainability of building operations. Facility management systems are increasingly being integrated with other business systems, such as enterprise resource planning (ERP) systems and building automation systems. This integration can improve the efficiency and effectiveness of facility management operations and focus on creating a positive occupant experience, this means providing occupants with a comfortable, safe, and productive work environment. Businesses are increasingly demanding flexible and scalable facility management solutions. This creates a potential growth of facility management.

Facility Management Market Segmentation

By Component
  • Solution
  • Asset Management
  • Workplace & Relocation Management
  • Strategic Planning Management
  • Real Estate & Lease Management
  • Maintenance Management
  • Others Services
By Deployment Mode
  • On-premises
  • Cloud
By Organization
  • Size Small & Medium-sized Enterprises
  • Large Enterprises
By End User
  • BFSI
  • Real Estate
  • IT & Telecom
  • Manufacturing
  • Public Sector
  • Healthcare
  • Retail
  • Others

Frequently Asked Questions

The facility management market is projected to grow from 44,187.2 million in 2023.

IBM Corporation, Oracle Corporation, SAP SE, CBRE Group, Inc., Jones Lang LaSalle Inc, Trimble Inc., Nemetschek SE, Fortive, Infor Inc., MRI Software LLC, Eptura, Planon, Johnson Controls International, Apleona GmbH, Cushman & Wakefield plc, Causeway Technologies Limited, Service Works Global Limited, Facilities Management eXpress LLC.

Europe is the dominant market in facility management market

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenarios.
1.Executive Summary
2.Global Facility Management Market  Introduction 
2.1.Global Facility Management Market   - Taxonomy
2.2.Global Facility Management Market   - Definitions
2.2.1.Component
2.2.2.Deployment Mode
2.2.3.Organization
2.2.4.End-User
2.2.5.Region
3.Global Facility Management Market  Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Facility Management Market  Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Facility Management Market   By Component, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Solution
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Asset Management
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Workplace & Relocation Management
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Strategic Planning Management
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Real Estate & Lease Management
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Maintenance Management
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Others Services
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
6.Global Facility Management Market   By Deployment Mode, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. On-premises
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Cloud
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Facility Management Market   By Organization, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Size Small & Medium-sized Enterprises
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Large Enterprises
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8.Global Facility Management Market   By End-User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. BFSI
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Real Estate
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. IT & Telecom
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Manufacturing
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Public Sector
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
8.6. Healthcare
8.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.6.3. Market Opportunity Analysis 
8.7. Retail
8.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.7.3. Market Opportunity Analysis 
8.8. Others
8.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.8.3. Market Opportunity Analysis 
9.Global Facility Management Market   By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Facility Management Market  ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Component Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Solution
10.1.2.Asset Management
10.1.3.Workplace & Relocation Management
10.1.4.Strategic Planning Management
10.1.5.Real Estate & Lease Management
10.1.6.Maintenance Management
10.1.7.Others Services
10.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.On-premises
10.2.2.Cloud
10.3.  Organization Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Size Small & Medium-sized Enterprises
10.3.2.Large Enterprises
10.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.BFSI
10.4.2.Real Estate
10.4.3.IT & Telecom
10.4.4.Manufacturing
10.4.5.Public Sector
10.4.6.Healthcare
10.4.7.Retail
10.4.8.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Facility Management Market  ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Solution
11.1.2.Asset Management
11.1.3.Workplace & Relocation Management
11.1.4.Strategic Planning Management
11.1.5.Real Estate & Lease Management
11.1.6.Maintenance Management
11.1.7.Others Services
11.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.On-premises
11.2.2.Cloud
11.3.  Organization Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Size Small & Medium-sized Enterprises
11.3.2.Large Enterprises
11.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.BFSI
11.4.2.Real Estate
11.4.3.IT & Telecom
11.4.4.Manufacturing
11.4.5.Public Sector
11.4.6.Healthcare
11.4.7.Retail
11.4.8.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
12.Asia Pacific (APAC) Facility Management Market  ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Solution
12.1.2.Asset Management
12.1.3.Workplace & Relocation Management
12.1.4.Strategic Planning Management
12.1.5.Real Estate & Lease Management
12.1.6.Maintenance Management
12.1.7.Others Services
12.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.On-premises
12.2.2.Cloud
12.3.  Organization Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Size Small & Medium-sized Enterprises
12.3.2.Large Enterprises
12.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.BFSI
12.4.2.Real Estate
12.4.3.IT & Telecom
12.4.4.Manufacturing
12.4.5.Public Sector
12.4.6.Healthcare
12.4.7.Retail
12.4.8.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Facility Management Market  ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Solution
13.1.2.Asset Management
13.1.3.Workplace & Relocation Management
13.1.4.Strategic Planning Management
13.1.5.Real Estate & Lease Management
13.1.6.Maintenance Management
13.1.7.Others Services
13.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.On-premises
13.2.2.Cloud
13.3.  Organization Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Size Small & Medium-sized Enterprises
13.3.2.Large Enterprises
13.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.BFSI
13.4.2.Real Estate
13.4.3.IT & Telecom
13.4.4.Manufacturing
13.4.5.Public Sector
13.4.6.Healthcare
13.4.7.Retail
13.4.8.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Facility Management Market  ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Component Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Solution
14.1.2.Asset Management
14.1.3.Workplace & Relocation Management
14.1.4.Strategic Planning Management
14.1.5.Real Estate & Lease Management
14.1.6.Maintenance Management
14.1.7.Others Services
14.2.  Deployment Mode Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.On-premises
14.2.2.Cloud
14.3.  Organization Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Size Small & Medium-sized Enterprises
14.3.2.Large Enterprises
14.4.  End-User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.BFSI
14.4.2.Real Estate
14.4.3.IT & Telecom
14.4.4.Manufacturing
14.4.5.Public Sector
14.4.6.Healthcare
14.4.7.Retail
14.4.8.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.IBM Corporation
15.2.2.Oracle Corporation
15.2.3.SAP SE
15.2.4.CBRE Group, Inc.
15.2.5.Jones Lang LaSalle Inc
15.2.6.Trimble Inc.
15.2.7.Nemetschek SE
15.2.8.Fortive
15.2.9.Infor Inc.
15.2.10.MRI Software LLC
15.2.11.Eptura
15.2.12.Planon 
15.2.13.Johnson Controls International
15.2.14.Apleona GmbH
15.2.15.Cushman & Wakefield plc
15.2.16.Causeway Technologies Limited
15.2.17.Service Works Global Limited
15.2.18.Facilities Management eXpress LLC.
16. Research Methodology 
17. Appendix and Abbreviations 
  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • CBRE Group, Inc.
  • Jones Lang LaSalle Inc
  • Trimble Inc.
  • Nemetschek SE
  • Fortive
  • Infor Inc.
  • MRI Software LLC
  • Eptura
  • Planon 
  • Johnson Controls International
  • Apleona GmbH
  • Cushman & Wakefield plc
  • Causeway Technologies Limited
  • Service Works Global Limited
  • Facilities Management eXpress LLC.

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