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TMCNet:  Markets and Markets : Facility Management Market (Solutions & Services) worth $43.69 Billion by 2019

[July 11, 2014]

Markets and Markets : Facility Management Market (Solutions & Services) worth $43.69 Billion by 2019

(M2 PressWIRE Via Acquire Media NewsEdge) The report "Facility Management Market by Solutions (CAFM, IWMS, CMMS, BIM, IWMS) & Services - Worldwide Market Forecasts and Analysis (2014-2019)", defines and segments the Facility Management market into various segments and provides an in-depth analysis and forecasting of revenues. This research report helps to identify the factors driving this market, various restraints, challenges and opportunities impacting it along with the future roadmaps.


Browse 67 market data tables and 47 figures spread through 163 Pages and in-depth TOC on"Facility Management Market by Solutions (CAFM, IWMS, CMMS, BIM, IWMS) & Services - Worldwide Market Forecasts and Analysis (2014-2019)".

http://www.marketsandmarkets.com/Market-Reports/facilities-management-market-1030.html Early buyers will receive 10% customization on this report.

Buy Copy of The Report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1030 The IT based facility management solutions are classified by several industry players and SMEs. These solutions are being classified as Integrated Workplace Management Systems (IWMS), Computer Aided Facility Management (CAFM) solutions, Computerized Maintenance Management Systems (CMMS), Building Information Model (BIM), Enterprise Asset Management, Facility Management Information Systems (FMIS), Computer Integrated Facility Management (CIFM) and Integrated Project Delivery (IPD) Solutions.

MarketsandMarkets broadly segments the facility management market in this report by solutions: Asset Management and Space Management, Capital Project Management, Real Estate Portfolio Management and Lease Administration, Energy Management and Environment Sustainability Management, Maintenance Management, and Others; by services: Design & Integration, Deployment & Maintenance, Consulting, and Managed Services; and by Verticals: Banking, Financial Services, and Insurance (BFSI), Public Sector, Utilities, Aerospace & Defense, Telecommunication & ITES, Manufacturing/supply chain/logistics, Real Estate/Infrastructure, Healthcare, Retail, and Others; and by regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).

Infrastructural development and technological advancements are the primary factors driving the growth for this market. IT based facility management solutions and services helps facility managers to look carefully in the support functions as well. These solutions ensure the optimized utilization of resources, and assets which ultimately leads to reduced operational costs and enhanced profitability. There are several vendors in this market offering various solutions and services. Demand for customized solutions is anticipated to be higher than standardized solutions. In this market generally the demand from customers varies and hence customization is very important.

MarketsandMarkets expects the facility management market to grow from $24.65 billion in 2014 to $43.69 billion by 2019. This represents a Compound Annual Growth Rate (CAGR) of 12.1% from 2014 to 2019. MarketsandMarkets expects North America to hold the largest market for this market, in terms of geographical regions and over the next five years, it is expected to continue this pace but Asia Pacific and Middle-East and Africa would be the regions with higher growth rates.

Request for Customization @ http://www.marketsandmarkets.com/requestCustomization.asp?id=1030 About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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