Integrated Facility Management (IFM) Market Massive Growth Opportunies by 2022 to 2030 with Leading Players | CAGR 7.2%

The Global Integrated Facility Management (IFM) Market was valued at $94.18 billion in 2022 at a CAGR of 7.20% from 2022 to 2030.

Integrated Facility Management (IFM) Market Overview:

Global Integrated Facility Management (IFM) Market 2022-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Integrated Facility Management (IFM) Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Integrated Facility Management (IFM) market size, potential growth, trends and expansion strategies followed by top prominent players.

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A cloud-based solution provides a reliable means of hosting facility management software. It also enhances security and collaboration between teams and subsidiaries in multiple locations, helping organizations reduce operating costs. Other benefits of a cloud-based facilities management solution include secure hosting of critical data, enhanced security and scalability, and fast disaster recovery. Backups are stored on shared or private cloud-hosted platforms to allow organizations to easily recover critical server data. Secure login makes it easy to access your data from anywhere with a stable internet connection.

The benefits of facility management are not fully recognized by businesses. The problem stems from a lack of understanding and adoption of prerequisite technologies. Many enterprises are still adopting cloud computing systems and have not yet embraced the IoT ecosystem. Also, the transition from a traditional office layout to a modern setup is still in its infancy. Although facilities management is an important part of operations, companies are unaware of evolving solutions. This makes it a complex task for organizations to give equal importance to facilities management departments without interfering with core business processes. Another problem, especially in multi-building facilities, is the lack of standardization.

Facility management outsourcing continues to grow in popularity. Organizations are evaluating operating models to maximize value creation. However, before outsourcing facilities management to a third party, we consider the appropriate combination of insourcing and outsourcing based on cost, functionality and coverage. Outsourcing has now contributed significantly to the growth of the facility management market in various regions including Europe, the Middle East and North America. This trend is primarily driven by growing demand for a high-quality workplace experience and lower operating costs.

Some of the key players profiled in the study are
IBM, Oracle, SAP, Trimble, Accruent, MRI Software, Planon, Service Channel, Service Works Global, FMX, Causeway Technologies, Spacewell, iOFFICE, FSI, ARCHIBUS, Archidata, JadeTrack, UpKeep Maintenance Management, Apleona, FacilityONE Technologies, and Others.

Integrated Facility Management (IFM) Market Segmentation:

By Type:
• Hard Service
• Soft Service
• Other

By Applications:
• Small and Medium-sized Enterprises
• Large Enterprises
• Other

Latest Industry Developments:

• In September 2022, Aldar Properties PJSC ("Aldar") announced the full acquisition of Spark Security Services, the UAE's leading manned security services provider, expanding its platform for real estate and integrated facility management.
• In October 2022, German company Apleona entered into an agreement to acquire Dublin-based Acacia Facilities Holdings and its subsidiary Acacia Facilities Management.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecasts (2022-2030) of the following regions are covered:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

North America is expected to account for the largest share of the global facility management market in 2020. Organizations in the region were early adopters of facilities management solutions and services. The region has a sustainable and stable economy that invests more and more in R&D activities to develop new technologies such as AI, ML, Cloud and Big Data.

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Table of Content of Integrated Facility Management (IFM) Market:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Integrated Facility Management (IFM) Market
5. Integrated Facility Management (IFM) Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. Integrated Facility Management (IFM) Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Integrated Facility Management (IFM) Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe Integrated Facility Management (IFM) Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Integrated Facility Management (IFM) Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Integrated Facility Management (IFM) Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Integrated Facility Management (IFM) Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Integrated Facility Management (IFM) Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market

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Why You Should Buy This Report on the Global Integrated Facility Management (IFM) Market:

1. The forecast for the established and growing markets for global Integrated Facility Management (IFM)
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the Integrated Facility Management (IFM) industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global Integrated Facility Management (IFM) and marketing techniques used by the leading industry competitors.

Related Source:
• https://www.digitaljournal.com/pr/global-integrated-facility-management-ifm-market-is-expected-to-grow-at-a-cagr-of-7-21-during-forecast-period

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