Market Overview:
The global smart facility management (FM) market is expected to grow from USD 9.02 billion in 2018 to USD 21.01 billion by 2030, at a CAGR of 10.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for energy-efficient and intelligent buildings, growing adoption of IoT in FM, and rising need for security and safety in facilities. However, lack of awareness about benefits offered by smart FM solutions may restrain the growth of this market during the forecast period. On the basis of type, the global smart facility management (FM) market is segmented into energy management, infrastructure management, property management, security and others segments.
 Industry Outlook.svg)
Product Definition:
Smart Facility Management is the proactive and strategic use of technology, data, and people to manage your physical environment. It enables you to optimize resources, increase efficiency, and improve occupant satisfaction. The importance of Smart Facility Management is that it can help organizations save money while improving the quality of their facilities.
Energy Management:
Energy management is the application of science and technology for optimizing energy efficiency across industrial, commercial, residential, and other establishments. It comprises techniques that are used to reduce consumption as well as monitor energy usage. Energy management systems (EMS) can be utilized to conserve natural resources by reducing unnecessary activities in industrial facilities such as manufacturing units along with homes & offices.
Global Energy Management Market Size, Share & Trends Analysis Report By Application (Residential/Commercial), By Region (North America: U.
Infrastructure Management:
Infrastructure management is a tool that helps to monitor and control the infrastructure from a centralized location. It provides real-time data on the status of systems and equipment such as power, water, gas, etc. The smart facility management system uses this data to optimize its performance by reducing operating costs & risks and providing reliable & secure services for customers.
Application Insights:
The industry is segmented by application into healthcare, hotel industry, administration, food & beverage industry, retailing and education. The healthcare segment accounted for the largest market share in 2017 owing to the rising need for managing medical devices & infrastructure as well as people and information in hospitals. Furthermore, this sector is expected to witness significant growth over the forecast period due to increasing investments by governments across various countries toward improving public health facilities.
The retailing sector is anticipated to witness considerable growth over the forecast period owing to growing consumer preference for online shopping coupled with rising competition among retailers globally. This has led retailers worldwide towards adopting innovative technologies such as cloud computing and big data analytics that will help them manage their operations more efficiently while enhancing customer experience across all channels of distribution thus driving demand over the forecast period.
Regional Analysis:
The North American regional market accounted for the largest revenue share in 2017. The growth is attributed to the rising adoption of smart technologies across various industries, such as healthcare and education. In addition, increasing investments in data centers by companies to improve their business operations will drive the demand for facility management solutions over the forecast period.
Asia Pacific is expected to emerge as a lucrative region during the forecast period owing to several initiatives taken up by governments across countries such as China and India with an aim toward improving infrastructure facilities and energy management systems. Moreover, growing penetration of IoT technology will create new opportunities for industry players over time.
Growth Factors:
- Increasing demand for smart and sustainable buildings: The global market for smart and sustainable buildings is expected to grow from .8 billion in 2015 to 5.9 billion by 2020, at a CAGR of 15.5%. This growth can be attributed to the increasing demand for energy-efficient and green buildings, rising awareness about the benefits of smart facilities management (FM), and the growing need for real-time data analytics in facility management.
- Proliferation of Internet of Things (IoT) devices: The proliferation of IoT devices is creating new opportunities for FM service providers to offer value-added services such as remote monitoring, predictive maintenance, and energy management. According to a study by MarketsandMarkets, the global market for IoT-enabled FM services is expected to grow from .7 billion in 2016 to .4 billion by 2021, at a CAGR of 17%.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Facility Management (FM) Market Research Report
By Type
Energy Management, Infrastructure Management, Property Management, Security,
By Application
Healthcare, Hotel Industry, Administration, Food Industry, Retailing, Education, Transport & Logistics,
By Companies
Schneider Electric, IBM, Siemens, Johnson Controls, Honeywell, Oracle, SAP, MCS Solutions, CA Technologies, Planon, JadeTrack, eMaint,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Smart Facility Management (FM) Market Report Segments:
The global Smart Facility Management (FM) market is segmented on the basis of:
Types
Energy Management, Infrastructure Management, Property Management, Security,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, Hotel Industry, Administration, Food Industry, Retailing, Education, Transport & Logistics,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric
- IBM
- Siemens
- Johnson Controls
- Honeywell
- Oracle
- SAP
- MCS Solutions
- CA Technologies
- Planon
- JadeTrack
- eMaint
 Market Overview.svg)
Highlights of The Smart Facility Management (FM) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Energy Management
- Infrastructure Management
- Property Management
- Security
- By Application:
- Healthcare
- Hotel Industry
- Administration
- Food Industry
- Retailing
- Education
- Transport & Logistics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Facility Management (FM) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Facility Management (FM) is a technology-driven approach to managing facilities that uses sensors and data analytics to optimize performance. It helps organizations manage their assets more effectively, reduce costs, and improve safety.
Some of the major companies in the smart facility management (fm) market are Schneider Electric, IBM, Siemens, Johnson Controls, Honeywell, Oracle, SAP, MCS Solutions, CA Technologies, Planon, JadeTrack, eMaint.
The smart facility management (fm) market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Facility Management (FM) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Facility Management (FM) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Facility Management (FM) Market - Supply Chain
4.5. Global Smart Facility Management (FM) Market Forecast
4.5.1. Smart Facility Management (FM) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Facility Management (FM) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Facility Management (FM) Market Absolute $ Opportunity
5. Global Smart Facility Management (FM) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart Facility Management (FM) Market Size and Volume Forecast by Type
5.3.1. Energy Management
5.3.2. Infrastructure Management
5.3.3. Property Management
5.3.4. Security
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Facility Management (FM) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart Facility Management (FM) Market Size and Volume Forecast by Application
6.3.1. Healthcare
6.3.2. Hotel Industry
6.3.3. Administration
6.3.4. Food Industry
6.3.5. Retailing
6.3.6. Education
6.3.7. Transport & Logistics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Facility Management (FM) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart Facility Management (FM) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart Facility Management (FM) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart Facility Management (FM) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart Facility Management (FM) Demand Share Forecast, 2019-2026
9. North America Smart Facility Management (FM) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart Facility Management (FM) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart Facility Management (FM) Market Size and Volume Forecast by Application
9.4.1. Healthcare
9.4.2. Hotel Industry
9.4.3. Administration
9.4.4. Food Industry
9.4.5. Retailing
9.4.6. Education
9.4.7. Transport & Logistics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Facility Management (FM) Market Size and Volume Forecast by Type
9.7.1. Energy Management
9.7.2. Infrastructure Management
9.7.3. Property Management
9.7.4. Security
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart Facility Management (FM) Demand Share Forecast, 2019-2026
10. Latin America Smart Facility Management (FM) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart Facility Management (FM) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart Facility Management (FM) Market Size and Volume Forecast by Application
10.4.1. Healthcare
10.4.2. Hotel Industry
10.4.3. Administration
10.4.4. Food Industry
10.4.5. Retailing
10.4.6. Education
10.4.7. Transport & Logistics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Facility Management (FM) Market Size and Volume Forecast by Type
10.7.1. Energy Management
10.7.2. Infrastructure Management
10.7.3. Property Management
10.7.4. Security
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart Facility Management (FM) Demand Share Forecast, 2019-2026
11. Europe Smart Facility Management (FM) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart Facility Management (FM) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart Facility Management (FM) Market Size and Volume Forecast by Application
11.4.1. Healthcare
11.4.2. Hotel Industry
11.4.3. Administration
11.4.4. Food Industry
11.4.5. Retailing
11.4.6. Education
11.4.7. Transport & Logistics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Facility Managemen (FM) Market Size and Volume Forecast by Type
11.7.1. Energy Management
11.7.2. Infrastructure Management
11.7.3. Property Management
11.7.4. Security
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart Facility Management (FM) Demand Share, 2019-2026
12. Asia Pacific Smart Facility Management (FM) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart Facility Management (FM) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart Facility Management (FM) Market Size and Volume Forecast by Application
12.4.1. Healthcare
12.4.2. Hotel Industry
12.4.3. Administration
12.4.4. Food Industry
12.4.5. Retailing
12.4.6. Education
12.4.7. Transport & Logistics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Facility Management (FM) Market Size and Volume Forecast by Type
12.7.1. Energy Management
12.7.2. Infrastructure Management
12.7.3. Property Management
12.7.4. Security
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart Facility Management (FM) Demand Share, 2019-2026
13. Middle East & Africa Smart Facility Management (FM) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart Facility Management (FM) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart Facility Management (FM) Market Size and Volume Forecast by Application
13.4.1. Healthcare
13.4.2. Hotel Industry
13.4.3. Administration
13.4.4. Food Industry
13.4.5. Retailing
13.4.6. Education
13.4.7. Transport & Logistics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Facility Management (FM) Market Size and Volume Forecast by Type
13.7.1. Energy Management
13.7.2. Infrastructure Management
13.7.3. Property Management
13.7.4. Security
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart Facility Management (FM) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Facility Management (FM) Market: Market Share Analysis
14.2. Smart Facility Management (FM) Distributors and Customers
14.3. Smart Facility Management (FM) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schneider Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IBM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Johnson Controls
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honeywell
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Oracle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SAP
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MCS Solutions
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CA Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Planon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. JadeTrack
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. eMaint
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
