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Unified Facility Management Market Worth, Industry Size, Recent Trends, Supply Chain, Growth Factors, And Regional Analysis by Forecast To 2027


Market Overview

The unified facility management market 2020 is on track to procure a strong valuation of USD 70 Billion by the year 2023, reveals Market Research Future (MRFR). MRFR also believes that the market holds the potential to attain a CAGR of 15% between 2017 and 2023, which is the evaluation period. We will provide COVID-19 impact analysis with the report, along with all the key developments since the coronavirus disease outbreak.

COVID-19 Analysis

The COVID-19 outbreak has reiterated the importance of how organizations manage their facilities and deliver their services. Leased or owned offices, retail stores, manufacturing facilities and warehouses are now carefully studying and modifying their plans following the pandemic. Since the advent of SARS-CoV-2, unified facility management service vendors are now turning more strategic, while giving top priority to aspects like safety and hygiene.

The novel coronavirus has compelled vendors to modify their existing services to ensure continuance of the businesses. The situation has further boosted the need for automation of facility management processes, ranging from service requests to move-ins, and energy management to customization.

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Top Boosters and Main Barriers

Unified facility management solutions are gathering massive attention from enterprises due to their ability to boost the efficiency of the business. The global market is also getting a significant boost from the increasing uptake of AI/artificial intelligence as well as IoT/internet of things (IoT) and more. The rising need among enterprises to adhere to the regulatory and environmental regulations and the escalating demand for integrated facility management to boost revenues can also be an incredible growth enhancer in the market.

Market Segmentation

The unified facility management industry has been considered for components, deployment type and applications.

The primary components discussed in the report include service, solution and software.

The various deployment types mentioned in the study are on cloud as well as on premises.

The applications of unified facility management solutions and services are IT & telecom, BFSI, education, retail and healthcare.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


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