HOME Top Market Reports Facility Management Market by Solutions (CAFM, IWMS, CMMS, BIM, IWMS) & Services - Worldwide Market Forecasts and Analysis (2014-2019)

Facility Management Market by Solutions (CAFM, IWMS, CMMS, BIM, IWMS) & Services - Worldwide Market Forecasts and Analysis (2014-2019)

By: marketsandmarkets.com
Publishing Date: May 2014
Report Code: TC 2470

 

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The IT based solutions in the facility management market are developed to streamline the support function with the primary objectives of the business. These solutions help the facility managers to track and manage the information from the support functions. These support functions primarily include admin, technical (other than core business process), and infrastructural processes. They provide a seamless integration across different functional levels, encouraging undisrupted flow of information in organization.

One of the primary reasons behind the adoption of IT based facility management solutions is the requirement for optimal utilization of resources and organizational assets. An organization can significantly reduce the operational costs if it utilizes its resources and assets optimally. As the operational costs decrease the profitability of the organization will increase. That is why these solutions and systems are gaining very high traction across several industries. These solutions help organizations bring transparency in operations and processes and hence improve upon decision making abilities.

Several players in the market of facility management are now offering bundles of integrated modules. The demands in the industry are also varying with the dynamic prospects of the business environment in the market. That is why customized offerings are preferred over standardized solutions. It also opens up the new possibilities in terms of development and innovation.

Various players such as IBM, Archibus, and Oracle among others are offering standalone and customized solutions and services. These solutions vary as per the demand and typically include asset management, space management, lease administration, real estate portfolio management, and maintenance management. In terms of services, these vendors provide support as design and integration, deployment, data migration, consultancy and managed services.

As the infrastructure in the market of facility management is developing at very high growth rate, new facilities are also developing quickly. Major industry verticals with such high infrastructural growth are public sector, manufacturing, real estate and retail among others. The adoption in these verticals is very high as they are looking to integrate data from operational facilities to other business applications.

In terms of regions, North America, and Europe are the major revenue contributor in the market of facility management. Earlier, the traction was high in these regions, which was hampered because of the economic slowdown in mid 2000sí but now the market is growing at a steady pace again. Other regions such as Asia-Pacific and MEA both have enormous opportunities in this market. As the economies in these two regions are either developed or developing, except some of African countries, new ventures will be observed in near future. Latin American market is also growing at high rate but its contribution to the global market will be least as compared to other regions.

This research report segments and categorizes the global facility management market on the basis of the following segments:

On the basis of solutions:

  • Asset Management and Space Management
  • Capital Project Management
  • Real Estate Portfolio Management and Lease Administration
  • Energy Management and Environment Sustainability Management
  • Maintenance Management
  • Others

On the basis of services:

  • Design & Integration
  • Deployment & Maintenance
  • Consulting
  • Managed Services

On the basis of verticals:

  • BFSI
  • Public Sector, Utilities, Aerospace & Defense
  • Telecommunication & ITES
  • Manufacturing/supply chain/logistics
  • Real Estate/Infrastructure
  • Healthcare
  • Retail
  • Others

On the basis of regions:

  • North America (NA)
  • Europe (EU)
  • Asia Pacific (APAC)
  • Middle East & Asia (MEA)
  • Latin America (LA)

Table of Contents
 
1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Report Description
    1.3 Markets Covered
    1.4 Stakeholders
    1.5 Research Methodology
          1.5.1 Key Data
          1.5.2 Data Triangulation and Market Forecasting
    1.6 Forecast Assumptions

2 Executive Summary (Page No. - 24)
    2.1 Abstract
    2.2 Overall Market Size

3 Market Overview (Page No. - 28)
    3.1 Market Definition
    3.2 Market Evolutions
    3.3 Market Segmentation
    3.4 Market Dynamics
          3.4.1 Drivers
                  3.4.1.1 High Growth Rate in Emerging Economies to Drive the Adoption
                  3.4.1.2 Increase in Return on Investment (ROI)
                  3.4.1.3 Technological Advancements
          3.4.2 Restraints and Challenges
                  3.4.2.1 Lack of Promotion/Low Level of Awareness
                  3.4.2.2 Unavailability of Standardization
          3.4.3 Opportunity
                  3.4.3.1 Emerging Cloud Technology
                  3.4.3.2 Facility Management Outsourcing
                  3.4.3.3 New Geographic Markets
          3.4.4 Impact Analysis of DROS
    3.5 Value Chain

4 Facility Management: Market Size and Forecast By Solution (Page No. - 38)
    4.1 Overview
          4.1.1 Asset Management and Space Management
          4.1.2 Project Management
          4.1.3 Real Estate Portfolio Management and Lease Administration
          4.1.4 Energy Management and Environment Sustainability Management
          4.1.5 Maintenance Management
          4.1.6 Others
    4.2 Market Size and Forecast
    4.3 Market Size and Forecast By Vertical
    4.4 Market Size and Forecast By Region

5 Facility Management: Market Size and Forecast By Service (Page No. - 49)
    5.1 Overview
          5.1.1 Design and Integration
          5.1.2 Deployment and Maintenance
          5.1.3 Consulting
          5.1.4 Managed Services
    5.2 Market Size and Forecast
    5.3 Market Size and Forecast By Vertical
    5.4 Market Size and Forecast By Region
 
6 Facility Management: Market Size and Forecast By Vertical (Page No. - 58)
    6.1 Overview
          6.1.1 Banking, Financial Services, and Insurance (BFSI)
                  6.1.1.1 Introduction
                  6.1.1.2 Market Size and Forecast By Solution
                  6.1.1.3 Market Size and Forecast By Service
          6.1.2 Public Sector, Utilities, and Aerospace and Defense
                  6.1.2.1 Introduction
                  6.1.2.2 Market Size and Forecast By Solution
                  6.1.2.3 Market Size and Forecast By Service
          6.1.3 Telecommunication and Ites
                  6.1.3.1 Introduction
                  6.1.3.2 Market Size and Forecast By Solution
                  6.1.3.3 Market Size and Forecast By Service
          6.1.4 Manufacturing, Supply Chain, and Logistics
                  6.1.4.1 Introduction
                  6.1.4.2 Market Size and Forecast By Solution
                  6.1.4.3 Market Size and Forecast By Service
          6.1.5 Real Estate and Infrastructure
                  6.1.5.1 Introduction
                  6.1.5.2 Market Size and Forecast By Solution
                  6.1.5.3 Market Size and Forecast By Service
          6.1.6 Healthcare
                  6.1.6.1 Introduction
                  6.1.6.2 Market Size and Forecast By Solution
                  6.1.6.3 Market Size and Forecast By Service
          6.1.7 Retail
                  6.1.7.1 Introduction
                  6.1.7.2 Market Size and Forecast By Solution
                  6.1.7.3 Market Size and Forecast By Service
          6.1.8 Others
                  6.1.8.1 Introduction
                  6.1.8.2 Market Size and Forecast By Solution
                  6.1.8.3 Market Size and Forecast By Service

7 Facility Management: Market Size and Forecast By Region (Page No. - 100)
    7.1 Overview
          7.1.1 Parfait Chart For Regional Market Size
    7.2 North America (NA)
          7.2.1 Introduction
          7.2.2 Market Size and Forecast By Solution
          7.2.3 Market Size and Forecast By Service
    7.3 Europe (EU)
          7.3.1 Introduction
          7.3.2 Market Size and Forecast By Solution
          7.3.3 Market Size and Forecast By Service
    7.4 Asia Pacific Including Japan (APAC)
          7.4.1 Introduction
          7.4.2 Market Size and Forecast By Solution
          7.4.3 Market Size and Forecast By Service
    7.5 Middle East and Africa (MEA)
          7.5.1 Introduction
          7.5.2 Market Size and Forecast By Solution
          7.5.3 Market Size and Forecast By Service
    7.6 Latin America (LA)
          7.6.1 Introduction
          7.6.2 Market Size and Forecast By Solution
          7.6.3 Market Size and Forecast By Service

8 Facility Management: Market Landscape (Page No. - 131)
    8.1 Competitive Landscape
          8.1.1 Ecosystem
    8.2 End User Landscape
          8.2.1 Market Opportunity Analysis
          8.2.2 End User Analysis
          8.2.3 Global Infrastructure Spending
          8.2.4 Rise of Manufacturing Industry

9 Company Profiles (Overview, Products & Services, Strategies & Insights, Developments and Mnm View)* (Page No. - 134)
    9.1 Archibus
    9.2 Ca Technologies
    9.3 Esri
    9.4 General Electric
    9.5 IBM
    9.6 Johnson Controls, Inc.
    9.7 Manhattan Software
    9.8 Oracle Corporation
    9.9 SAP AG
    9.10 Siemens AG

*Details on Overview, Products & Services, Strategies & Insights, Developments and Mnm View Might Not Be Captured in Case of Unlisted Companies.
 
List of Tables (67 Tables)

Table 1 Facility Management: Market Size, 2014-2019 ($Million)
Table 2 Facility Management: Market Growth, 2014-2019 (Y-O-Y %)
Table 3 Market Size, By Solution, 2014-2019 ($Million)
Table 4 Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 5 Market Size, By Vertical, 2014-2019 ($Million)
Table 6 Market Growth, By Vertical, 2014-2019 (Y-O-Y %)
Table 7 Market Size, By Region, 2014-2019 ($Million)
Table 8 Market Growth, By Region, 2014-2019 (Y-O-Y %)
Table 9 Market Size, By Service, 2014-2019 ($Million)
Table 10 Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 11 Market Size, By Vertical, 2014-2019 ($Million)
Table 12 Market Growth, By Vertical, 2014-2019 (Y-O-Y %)
Table 13 Market Size, By Region, 2014-2019 ($Million)
Table 14 Facility Management Market Growth, By Region, 2014-2019 (Y-O-Y %)
Table 15 BFSI Market Size, By Solution, 2014-2019 ($Million)
Table 16 BFSI Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 17 BFSI Market Size, By Service, 2014-2019 ($Million)
Table 18 BFSI Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 19 Public Sector, Utilities, and Aerospace and Defense Market Size, By Solution, 2014-2019 ($Million)
Table 20 Public Sector, Utilities, and Aerospace and Defense Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 21 Public Sector, Utilities, and Aerospace and Defense Market Size, By Service, 2014-2019 ($Million)
Table 22 Public Sector, Utilities, and Aerospace and Defense Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 23 Telecommunication and ITES Market Size, By Solution, 2014-2019 ($Million)
Table 24 Telecommunication and ITES Market Groeth, By Solution, 2014-2019 (Y-O-Y %)
Table 25 Telecommunication and ITES Market Size, By Service, 2014-2019 ($Million)
Table 26 Telecommunication and ITES Market Size, By Service, 2014-2019 (Y-O-Y %)
Table 27 Manufacturing, Supply Chain, and Logistics Market Size, By Solution, 2014-2019 ($Million)
Table 28 Manufacturing, Supply Chain, and Logistics Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 29 Manufacturing, Supply Chain, and Logistics Market Size, By Service, 2014-2019 ($Million)
Table 30 Real Estate and Infrastructure Market Size, By Solution, 2014-2019 ($Million)
Table 31 Real Estate and Infrastructure Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 32 Real Estate and Infrastructure Market Size, By Service, 2014-2019 ($Million)
Table 33 Real Estate and Infrastructure Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 34 Healthcare Market Size, By Solution, 2014-2019 ($Million)
Table 35 Healthcare Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 36 Healthcare Market Size, By Service, 2014-2019 ($Million)
Table 37 Healthcare Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 38 Retail Market Size, By Solution, 2014-2019 ($Million)
Table 39 Retail Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 40 Retail Market Size, By Service, 2014-2019 ($Million)
Table 41 Retail Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 42 Others Market Size, By Solution, 2014-2019 ($Million)
Table 43 Others Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 44 Others Market Size, By Service, 2014-2019 ($Million)
Table 45 Others Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 46 Facility Management: Market Size, By Region, 2014-2019 ($Million)
Table 47 Facility Management: Market Growth, By Region, 2014-2019 (Y-O-Y %)
Table 48 NA Market Size, By Solution, 2014-2019 ($Million)
Table 49 NA Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 50 NA Market Size, By Service, 2014-2019 ($Million)
Table 51 NA Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 52 European Market Size, By Solution, 2014-2019 ($Million)
Table 53 European Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 54 European Market Size, By Service, 2014-2019 ($Million)
Table 55 European Market Growth, By Service, 2015-2019 (Y-O-Y %)
Table 56 APAC Market Size, By Solution, 2014-2019 ($Million)
Table 57 APAC Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 58 APAC Market Size, By Service, 2014-2019 ($Million)
Table 59 APAC Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 60 MEA Market Size, By Solution, 2014-2019 ($Million)
Table 61 MEA Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 62 MEA Market Size, By Service, 2014-2019 ($Million)
Table 63 MEA Market Growth, By Service, 2014-2019 (Y-O-Y %)
Table 64 LA Market Size, By Solution, 2014-2019 ($Million)
Table 65 LA Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Table 66 LA Market Size, By Service, 2014-2019 ($Million)
Table 67 LA Market Growth, By Service, 2014-2019 (Y-O-Y %)


List of Figures (47 Figures)

Figure 1 Research Methodology
Figure 2 Data Triangulation
Figure 3 Facility Management: Market Size, 2014-2019 ($Million)
Figure 4 Facility Management: Market Growth, 2014-2019 (Y-O-Y %)
Figure 5 Facility Management: Market Segmentation, By Solution
Figure 6 Facility Management: Market Segmentation, By Service
Figure 7 Facility Management: Market Segmentation, By Vertical
Figure 8 Facility Management: Market Segmentation, By Region
Figure 9 Time Impact Analysis of DROS
Figure 10 Value Chain
Figure 11 Facility Management Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 12 Market Growth, By Vertical, 2014-2019 (Y-O-Y %)
Figure 13 Market Growth, By Region, 2014-2019 (Y-O-Y %)
Figure 14 Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 15 Market Growth, By Vertical, 2014-2019 (Y-O-Y %)
Figure 16 Market Growth, By Region, 2014-2019 (Y-O-Y %)
Figure 17 BFSI Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 18 BFSI Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 19 Public Sector, Utilities, and Aerospace and Defense Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 20 Public Sector, Utilities, and Aerospace and Defense Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 21 Telecommunication and Ites Market Groeth, By Solution, 2014-2019 (Y-O-Y %)
Figure 22 Telecommunication and Ites Market Size, By Service, 2014-2019 (Y-O-Y %)
Figure 23 Manufacturing, Supply Chain, and Logistics Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 24 Manufacturing, Supply Chain, and Logistics Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 25 Manufacturing, Supply Chain, and Logistics Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 26 Real Estate and Infrastructure Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 27 Real Estate and Infrastructure Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 28 Healthcare Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 29 Healthcare Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 30 Retail Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 31 Retail Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 32 Others Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 33 Others Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 34 Facility Management: Market Growth, By Region, 2014-2019 (Y-O-Y %)
Figure 35 Facility Management: Market: Parfait Chart
Figure 36 NA Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 37 NA Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 38 European Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 39 Europe Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 40 APAC Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 41 APAC Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 42 MEA Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 43 MEA Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 44 LA Market Growth, By Solution, 2014-2019 (Y-O-Y %)
Figure 45 LA Market Growth, By Service, 2014-2019 (Y-O-Y %)
Figure 46 Facility Management: Market: Ecosystem
Figure 47 Facility Management: Opportunity Plot

The solution offered by the facility management market are set of IT tools such as databases, visual display tools, and geographic data/information providing tools. For any organization, support functions are as important as its core business operation. Earlier, organizations did not concentrate on these support functions such as administration, technical issues, infrastructure, property, and the people. At that time, it was believed that focusing on core business purposes would be the key to success. As time passed, organizations felt that tracking and managing this support functions and activities would significantly impact the organizational efficiency in terms of profit and resource optimization. To address this issue, several ad-hoc solutions were implemented by organizations. These ad-hoc solutions were the first generation of facility management solutions.

In the absence of proper information management solutions, the scope for early generations of facility management solutions was confined at departmental or functional levels. The prime reason behind this confinement was the inability to reach data outside a function or department. At that time, these solutions were used to track and monitor the information within a department only. Later with the technological advancements in the information management solutions, sharing of information across departments or functional levels became possible. It brought significant change in the solutions as well. Now the facility management solutions received more traction as it can track and monitor information across different levels.

The present generations of facility management solutions offer a wide range of features like space management, project management, asset management, real estate portfolio management, maintenance management, and environment and sustainability management. Most of the solutions are available in standalone offerings but demand for customized solutions is high as they address organization specific requirements.

This report focuses on the drivers, restrain, opportunities, and the competitive landscape for the facility management market. There are several players in this market and most of the IT solution vendors are present there with a wide range of offerings in portfolio. IBM, Manhattan software, Archibus, GE, SAP, and ESRI are some of the key industry players. Vendors in this market offer solutions and services such as integration, maintenance, consultancy, and deployment, keeping the clients' requirements in mind.

As per the study from MarketsandMarkets on this market, advancements in the database technologies and higher ROI among others will drive the growth of this market. Earlier, traction was observed in manufacturing industries but now service industries are also having high adoption rate. Public sector would be one of the major sectors where the deployment of these solutions is very high. This report focuses on the global market across different verticals, and geographic regions. Key segments included in the report are divided on the basis of the solutions, services, verticals, and regions. This report also emphasizes on upcoming trends, drivers, restraints, and opportunities in the market.

MarketsandMarkets expects that the facility management market will gain high traction across the globe. MarketsandMarkets forecasts it to grow from $24.65 billion in 2014 to $43.69 billion by 2019, at a CAGR of 12.1% during the forecast period.

Facility Management: Market Size, 2014-2019 ($Million)

Facilities Management Market

Source: MarketsandMarkets Analysis

The table and diagram given below highlight the Y-o-Y growth trend for the market.

Facility Management: Market Growth, 2015-2019 (Y-O-Y %)

Facilities Management Market

Source: MarketsandMarkets Analysis

Facility Management: Market Growth, 2015-2019 (Y-O-Y %)

Facilities Management Market

Source: MarketsandMarkets Analysis

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