The global facility management market size was valued at USD 44,187.2 million in 2023 and is poised to grow at a significant CAGR of 12.1% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the facility management market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.  

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The global facility management market segmentation:
1) By Component: Solution, Asset Management, Workplace & Relocation Management, Strategic Planning Management, Real Estate & Lease Management, Maintenance Management, Others, Services
2) By Deployment Mode: On-premises, Cloud,
3) By Organization: Size Small and Medium-sized Enterprises, Large Enterprises
4) By End User: BFSI, Real Estate, IT & Telecom, Manufacturing, Public Sector, Healthcare, Retail, Others

The primary factors of the facility management market drivers are the growing emphasis on outsourcing of non-core operations. The facility management market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.

The facility management market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the facility management market report, accounting for the highest share in 2023. It was followed by Asia Pacific, and then the other regions.

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The important profiles and strategies adopted by the facility management market key players are IBM Corporation, Oracle Corporation, SAP SE, CBRE Group, Inc., Jones Lang LaSalle Inc, Trimble Inc., Nemetschek SE, Fortive, Infor Inc., MRI Software LLC, Eptura, Planon, Johnson Controls International, Apleona GmbH, Cushman & Wakefield plc, Causeway Technologies Limited, Service Works Global Limited, Facilities Management eXpress LLC. is covered here to help them in strengthening their place in the market.

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