Global Facility Management Service Market: Key Highlights
Global Facility Management Service Market: Key Market Dynamics
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Global Facility Management Service Market: Regional Overview
North America is anticipated to witness prominent growth in facility management service market. This growth can be attributed to early adoption of facility management service. Well developed and sustainable economies are increasingly investing in research & development of new technology development such as ML, AI, Cloud, and big data. Moreover, the presence of vendors of facility management service such as IBM, Oracle, and Accruent has further expected to drive the market growth in the region.
Asia-Pacific is anticipated to hold the largest share in Facility Management Service market during the forecasted period. This is attributed by the presence of multiple organized and un-organized players in countries such as China, and India. Moreover, the key players are focusing on partnering with local market players to offer their services and also expand their geographical presence. Additionally, the increasing trend of outsourcing the country's non-core operations is expected to boost demand for Facility Management Services.
Global Facility Management Service Market: Key Players Overview
Accruent is engaged in providing technological solutions for the complex need for various industries. The company offers various products to education, healthcare, manufacturing & distributing, process manufacturing, public sector, retail, telecommunication, and utilities. Accruent has a strong client base located in more than 50 countries across the globe. BASF SE, Loreal, ProHealth Care, James Madison, and amongst others are some of their customers.
SMS Integrated Facility Services Private Limited is one of the leading integrated facilities management company’s across India. The company offers the product to various to healthcare, commercial, BSFI, Industrial, Education, Retail, Life Science & Pharmaceutical, Hospitality & guest House, information technology, and residential sectors. ICICI Bank, TATA Housing, Vedanta, and Wockhardt are some of the major clients of the company. SMS Integrated Facility Services Private Limited strong presence in India with around 2650 sites.
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