Industry Background:
Total Facility Management provides customers manpower of people with barriers, typically throughput aside programs. It additionally provides on-the-job continued support to its staff by having job counselors and job coaches obtainable to assure employers maintain clean and functioning workspaces whereas helping those with disabilities to succeed on the work. By selecting a TFM contract you're redeeming the responsibility and therefore the risks related to service provision to one company.This growth is primarily driven by Rising Demand for Cloud-Based Facility Management Solutions
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Sodexo (France), CBRE Group, Inc. (United States), ISS A/S (Denmark), Compass Group (United Kingdom) Aramark (United States), Jones Lang LaSalle Incorporated (United States), Cushman & Wakefield plc. (United States), Tenon Group (India), Johnson Controls International plc. (Ireland), Dussmann Group (Germany) and Accruent (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Outsourcing of Facility Management Operations and Solutions for Automation of the Procedures. The Business Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Sodexo (France), CBRE Group, Inc. (United States), ISS A/S (Denmark), Compass Group (United Kingdom) Aramark (United States), Jones Lang LaSalle Incorporated (United States), Cushman & Wakefield plc. (United States), Tenon Group (India), Johnson Controls International plc. (Ireland), Dussmann Group (Germany) and Accruent (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2020, Accruent launched enhancement programs in its cloud-based producing solutions. the foremost Accruent cloud-based producing resolution includes synchronization of plus information between EAM and EDM solutions, API-based integration choices for Meridian EDM software package, and Single sign-on (SSO) for Accruent producing solutions.
Market Drivers
- Rising Demand for Cloud-Based Facility Management Solutions
- Rising Investments in Industrial Infrastructures
Market Trend
- Outsourcing of Facility Management Operations and Solutions for Automation of the Procedures
Restraints
- High Costs involved in Employing the Total Facilities Management
Opportunities
Rising penetration of the Smart Devices in Enterprises and Increasing Demand for the Operations with Help of Data Servers
Challenges
Integration of Facility Management with Older Version causing Interoperability Issues
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Total Facilities Management Study Sheds Light on
The Total Facilities Management Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Total Facilities Management industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Total Facilities Management industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.