Facility Management Market is expected to reach worth $43.69 Billion by 2019 - PowerPoint PPT Presentation

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Facility Management Market is expected to reach worth $43.69 Billion by 2019


The Facility Management Market provides insights into the key market players, future scope, drivers, restraints and challenges of the market. – PowerPoint PPT presentation

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Title: Facility Management Market is expected to reach worth $43.69 Billion by 2019

MarketsandMarkets Presents
Facility Management Market is expected to reach
worth 43.69 Billion by 2019
The report "Facility Management Market by
Services - Worldwide Market Forecasts and
Analysis (2014-2019)", defines and segments the
Facility Management market into various segments
and provides an in-depth analysis and forecasting
of revenues. This research report helps to
identify the factors driving this market, various
restraints, challenges and opportunities
impacting it along with the future
roadmaps. Browse 67 market data tables and 39
figures spread through 155 Pages and in-depth TOC
on"Facility Management Market by Solutions (CAFM,
IWMS, CMMS, BIM, IWMS) Services - Worldwide
Market Forecasts and Analysis (2014-2019)".
The IT based facility management solutions are
classified by several industry players and SMEs.
These solutions are being classified as
Integrated Workplace Management Systems (IWMS),
Computer Aided Facility Management (CAFM)
solutions, Computerized Maintenance Management
Systems (CMMS), Building Information Model (BIM),
Enterprise Asset Management, Facility Management
Information Systems (FMIS), Computer Integrated
Facility Management (CIFM) and Integrated Project
Delivery (IPD) Solutions. MarketsandMarkets
broadly segments the facility management market
in this report by solutions Asset Management and
Space Management, Capital Project Management,
Real Estate Portfolio Management and Lease
Administration, Energy Management and Environment
Sustainability Management, Maintenance
Management, and Others by services Design
Integration, Deployment Maintenance,
Consulting, and Managed Services
by Verticals Banking, Financial Services, and
Insurance (BFSI), Public Sector, Utilities,
Aerospace Defense, Telecommunication ITES,
Manufacturing/supply chain/logistics, Real
Estate/Infrastructure, Healthcare, Retail, and
Others and by regions North America (NA),
Europe (EU), Asia Pacific (APAC), Middle East and
Africa (MEA) and Latin America (LA). Infrastructu
ral development and technological advancements
are the primary factors driving the growth for
this market. IT based facility management
solutions and services helps facility managers to
look carefully in the support functions as well.
These solutions ensure the optimized utilization
of resources, and assets which ultimately leads
to reduced operational costs and enhanced
profitability. There are several vendors in this
market offering various solutions and services.
Demand for customized solutions is anticipated to
be higher than standardized solutions. In this
market generally the demand from customers varies
and hence customization is very important.
Industry Forecasts MarketsandMarkets expects
the facility management market to grow from
24.65 billion in 2014 to 43.69 billion by 2019.
This represents a Compound Annual Growth Rate
(CAGR) of 12.1 from 2014 to 2019.
MarketsandMarkets expects North America to hold
the largest market for this market, in terms of
geographical regions and over the next five
years, it is expected to continue this pace but
Asia Pacific and Middle-East and Africa would be
the regions with higher growth rates.
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