[ad_1]
DUBLIN, Aug. 12, 2022 /PRNewswire/ — The “Facility Management Market by Component, Solution Type, Deployment Model, Enterprise Size, Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering.
According to this report titled, ‘Facility Management Market,’ the facility management market was valued at $39.9 billion in 2020, and is estimated to reach $119.4 billion by 2030, growing at a CAGR of 11.8% from 2021 to 2030.
Facility management encompasses various professional disciplines that focuses on the effective and efficient delivery of numerous support services for an organization. It ensures functionality of the built environment by integrating place, people, process, and technology.
Technological solutions for facility management have evolved from a simple system for registering building and asset data to one that targets improved efficiency in planning and execution of facility processes. Facility management solutions include business analytics, extensive reporting, and workflow management. These kinds of software are typically integrated with other IT systems, including building technology, enterprise resource planning software, geographic information system solution, and building information modeling …
Full story available on Benzinga.com
[ad_2]
Source link
