“The European standards for facilities management offers a definition in EN15221-1, provided by the European Committee for Standardization (CEN) and ratified by 31 European countries as: “the integration of processes within an organization to maintain and develop the agreed services which support and improve the effectiveness of its primary activities. According to this European standard, the scope of FM is 'Space & Infrastructure' (planning, design, workplace, construction, lease, occupancy, maintenance, furniture, cleaning, etc.) and 'People & Organization' (catering, ICT, HR, HS&S, accounting, marketing, hospitality, etc.)”

The article cited AMA's "Global Facilities Management Market Study" explored CAGR of 11.41%. According to the report, Growing Adoption of Cloud-Based Facilities Management Solutions is one of the primary growth factors for the market. Increasing Adoption of Smart Connected Devices and IoT for Building Automation is also expected to contribute significantly to the Facilities Management market. Overall, applications of Facilities Management, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Organization Size, such as SMEs, is boosting the Facilities Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Vertical, such as BFSI, is boosting the Facilities Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Service, such as Deployment and Integration, is boosting the Facilities Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Deployment, such as On-Premises, is boosting the Facilities Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Solution, such as Integrated Workplace Management System, is boosting the Facilities Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Facilities Management market identified that the demand is rising in many different parts of the world as "Growing Focus on Integrating Building Information Modeling with Facility Management Solutions ". Furthermore, some recent industry insights like "2nd January 2019, Genius consultants, an Indian consulting and manpower outsourcing company launched facility management service (FMS) to expand its service portfolio." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Facilities Management market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Facilities Management market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

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Data Triangulation
The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.