Europe Facility Management Solution Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services), Deployment (On Premise and Cloud-Based), Enterprise Size (Small and Medium Enterprises and Large Enterprises), and Application (BFSI, Retail, Transport and Logistics, Pharmaceuticals, Government, IT and Telecom, Manufacturing, and Others)
Market Introduction
Facility management is described by the International Facility Management Association (IFMA) as the process of integrating a physical workplace with an organization's people and work, which includes tasks such as equipment maintenance, space planning, and portfolio forecasting. Emergency preparedness & business continuity, environmental sustainability, human aspects, communication, project management, quality, real estate & property management, leadership & strategy, and others are all part of facility management.
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Market Overview and Dynamics
The Europe facility management solution market is expected to reach US$ 371.74 million by 2028 from US$ 196.02 million in 2021; it is estimated to grow at a CAGR of 9.6% from 2021 to 2028.
Facilities management solutions help manage and maintain a wide range of processes that ensure the productivity, safety, and efficiency of a built environment and its occupants. Various processes such as asset management and tracking; equipment and building maintenance; project management; security, health, and safety management; and catering and hospitality are involved while managing any facility, such as residential and commercial buildings. To manage these processes, the facility management solution offers strategic planning and project management, workplace and relocation management, sustainability management, and maintenance management. Thus, the adoption of multiple facility management solutions helps increase the productivity and efficiency of an enterprise. For instance, in September 2021, Kontakt.io integrated IBM TRIRIGA (Workplace Management Systems) to transform real estate management with actual-time, AI-driven space occupancy. TRIRIGA consists of TRIRIGA Building Insights and combines occupancy data from sources, such as WIFI and IoT sensors, with newly embedded artificial intelligence. TRIRIGA provides insights to customers operating in large real estate portfolios, which help them make smarter data-driven decisions. The integration of Kontakt.io with IBM TRIRIGA is expected to deliver AI-powered utilization insights across portfolios, actual-time occupancy monitoring, and space management tools supporting existing IoT infrastructure used in many offices. Such initiatives help in increasing the productivity and efficiency of real estate businesses. Therefore, such factors drive the demand for facility management solutions across Europe.
Russia, France, Italy, Germany, Spain, and the UK are among the worst-hit countries in Europe, considering the count of COVID-19 positive cases. During the COVID-19 outbreak, the facility management solution plays an important role in dealing with the outbreak by helping to create a safe work environment in Europe. For many facilities managers, building sanitization means exploring new products and practices that address COVID-19 specific concerns. Due to the impact of the pandemic, facility managers face the tedious task of re-educating employees and visitors about how to maintain social distancing and follow COVID-19-related safety norms. To survive the pandemic, companies need to focus on customer care and concerns by staying connected to them as per their channel choice, building agile capabilities for fluid times, and adapting to situation-based circumstances. Organizations also need to rethink their business and operating models. Consumers’ search for value for money is a fundamental change in purchase priorities and will be prevalent in the coming years. For this, facility management solution is beneficial for organizations. Therefore, the Europe facility management solution market witnesses a positive impact of the pandemic.
Key Market Segments
Based on component, the Europe facility management solution market can be bifurcated into software and services. The software segment led the facility management solution with a larger market share of in 2020 and the same segment is estimated to register the higher CAGR in the market during the forecast period.
Based on deployment, the Europe facility management solution is categorized into on-premise, and cloud-based. The cloud-based segment led the facility management solution with a larger market share in 2020. Further, the same segment is expected to witness fastest CAGR during 2021 to 2028.
Based on enterprise size, the Europe facility management solution can be categorized into small and medium enterprises, and large enterprises. The large enterprises segment is likely to hold the larger share of the market. Moreover, the same segment is also expected to witness growth in its demand at a fastest CAGR during 2021 to 2028.
Based on application, the Europe facility management solution market is segmented into government, retail, pharmaceuticals, BFSI, transportation and logistics, IT and telecom, manufacturing, and others. The IT and telecom segment held the largest share of the market and is expected to grow at the highest CAGR during the forecast period.
Major Sources and Companies Listed
A few of the market players associated with the report on the Europe facility management solution market are the FM:Systems, Infraspeak, and IBM Corporation.
Reasons to buy the report
- Determine prospective investment areas based on a detailed trend analysis of Europe facility management solution market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
- Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels driving the Europe facility management solution market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs undertaken by the different countries within the Europe facility management solution market.
EUROPE FACILITY MANAGEMENT SOLUTION MARKET SEGMENTATION
By Component
- Software
- Services
By Deployment
- On Premise
- Cloud-based
By Enterprise Size
- Small and Medium Enterprises
- Large Enterprises
By Application
- BFSI
- Retail
- Transport and Logistics
- Pharmaceuticals
- Government
- IT and Telecom
- Manufacturing
- Others
By Country
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
Company Profiles
- FM:Systems
- IBM Corporation
- Infraspeak
- ServiceChannel
- Upkeep Maintenance Management
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Facility Management Solution Market – By Component
1.3.2 Europe Facility Management Solution Market – By Deployment
1.3.3 Europe Facility Management Solution Market – By Enterprise Size
1.3.4 Europe Facility Management Solution Market – By Application
1.3.5 Europe Facility Management Solution Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Facility Management Solution Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Facility Management Solution Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Infrastructure Sector
5.1.2 Managing Better Productivity and Efficiency with Multiple Facility Management Solutions
5.2 Market Restraints
5.2.1 Lacking Awareness and Standardization about Facility Management Solutions
5.3 Market Opportunities
5.3.1 Surging Demand for Cloud-Based Facility Management Solutions
5.4 Future Trends
5.4.1 Rising Trend of Outsourcing Facility Management Operations
5.5 Impact Analysis of Drivers and Restraints
6. Facility Management Solution Market –Europe Market Analysis
6.1 Europe Facility Management Solution Market Forecast and Analysis
7. Facility Management Solution Market Analysis – By Component
7.1 Overview
7.2 Facility Management Solution, by Component (2020 and 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
8. Facility Management Solution Market – By Deployment
8.1 Overview
8.2 Facility Management Solution, by Deployment (2020 and 2028)
8.3 On-Premise
8.3.1 Overview
8.3.2 On-Premise: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Cloud-Based
8.4.1 Overview
8.4.2 Cloud-Based: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
9. Facility Management Solution Market – By Enterprise Size
9.1 Overview
9.2 Facility Management Solution, by enterprise size (2020 and 2028)
9.3 Small and Medium Enterprises
9.3.1 Overview
9.3.2 Small and Medium Enterprises: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Large Enterprises
9.4.1 Overview
9.4.2 Large Enterprises: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
10. Facility Management Solution Market – By Application
10.1 Overview
10.2 Facility Management Solution, by Application (2020 and 2028)
10.3 Banking, Financial Services and Insurance (BFSI)
10.3.1 Overview
10.3.2 BFSI: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Retail
10.4.1 Overview
10.4.2 Retail: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Transport and Logistics
10.5.1 Overview
10.5.2 Transport and Logistics: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Pharmaceuticals
10.6.1 Overview
10.6.2 Pharmaceuticals: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
10.7 Government
10.7.1 Overview
10.7.2 Government: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
10.8 IT and Telecom
10.8.1 Overview
10.8.2 IT and Telecom: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
10.9 Manufacturing
10.9.1 Overview
10.9.2 Manufacturing: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
10.10 Others
10.10.1 Overview
10.10.2 Others: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
11. Facility Management Solution Market – Europe Analysis
11.1 Europe: Facility Management Solution Market
11.1.1 Overview
11.1.2 Europe Facility Management Solution Market Revenue and Forecast to 2028 (US$ million)
11.1.3 Europe Facility Management Solution Market Breakdown, By Component
11.1.4 Europe Facility Management Solution Market Breakdown, By Deployment
11.1.5 Europe Facility Management Solution Market Breakdown, By Enterprise Size
11.1.6 Europe Facility Management Solution Market Breakdown, By Application
11.1.7 Europe Facility Management Solution Market Breakdown, by Country
11.1.7.1 Germany Facility Management Solution Market, Revenue and Forecast to 2028
11.1.7.1.1 Germany Facility Management Solution Market Breakdown, By Component
11.1.7.1.2 Germany Facility Management Solution Market Breakdown, By Deployment
11.1.7.1.3 Germany Facility Management Solution Market Breakdown, By Enterprise Size
11.1.7.1.4 Germany Facility Management Solution Market Breakdown, By Application
11.1.7.2 France Facility Management Solution Market, Revenue and Forecast to 2028
11.1.7.2.1 France Facility Management Solution Market Breakdown, By Component
11.1.7.2.2 France Facility Management Solution Market Breakdown, By Deployment
11.1.7.2.3 France Facility Management Solution Market Breakdown, By Enterprise Size
11.1.7.2.4 France Facility Management Solution Market Breakdown, By Application
11.1.7.3 Italy Facility Management Solution Market, Revenue and Forecast to 2028
11.1.7.3.1 Italy Facility Management Solution Market Breakdown, By Component
11.1.7.3.2 Italy Facility Management Solution Market Breakdown, By Deployment
11.1.7.3.3 Italy Facility Management Solution Market Breakdown, By Enterprise Size
11.1.7.3.4 Italy Facility Management Solution Market Breakdown, By Application
11.1.7.4 UK Facility Management Solution Market, Revenue and Forecast to 2028
11.1.7.4.1 UK Facility Management Solution Market Breakdown, By Component
11.1.7.4.2 UK Facility Management Solution Market Breakdown, By Deployment
11.1.7.4.3 UK Facility Management Solution Market Breakdown, By Enterprise Size
11.1.7.4.4 UK Facility Management Solution Market Breakdown, By Application
11.1.7.5 Russia Facility Management Solution Market, Revenue and Forecast to 2028
11.1.7.5.1 Russia Facility Management Solution Market Breakdown, By Component
11.1.7.5.2 Russia Facility Management Solution Market Breakdown, By Deployment
11.1.7.5.3 Russia Facility Management Solution Market Breakdown, By Enterprise Size
11.1.7.5.4 Russia Facility Management Solution Market Breakdown, By Application
11.1.7.6 Rest of Europe Facility Management Solution Market, Revenue and Forecast to 2028
11.1.7.6.1 Rest of Europe Facility Management Solution Market Breakdown, By Component
11.1.7.6.2 Rest of Europe Facility Management Solution Market Breakdown, By Deployment
11.1.7.6.3 Rest of Europe Facility Management Solution Market Breakdown, By Enterprise Size
11.1.7.6.4 Rest of Europe Facility Management Solution Market Breakdown, By Application
12. Impact of COVID-19 Pandemic on Facility Management Solution Market
12.1 Europe: Impact Assessment of COVID-19 Pandemic
13. Facility Management Solution Market - Industry Landscape
13.1 Market Initiative
14. Company Profiles
14.1 FM:Systems
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 IBM Corporation
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Infraspeak
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 ServiceChannel
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Upkeep Maintenance Management
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. Europe Facility Management Solution Market, Revenue and Forecast To 2028 – By Component (US$ million)
Table 2. Europe Facility Management Solution Market, Revenue and Forecast To 2028 – By Deployment (US$ million)
Table 3. Europe Facility Management Solution Market, Revenue and Forecast To 2028 – By Enterprise Size (US$ million)
Table 4. Europe Facility Management Solution Market, Revenue and Forecast To 2028 – By Application (US$ million)
Table 5. Europe Facility Management Solution Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 6. Germany Facility Management Solution Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 7. Germany Facility Management Solution Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 8. Germany Facility Management Solution Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 9. Germany Facility Management Solution Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 10. France Facility Management Solution Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 11. France Facility Management Solution Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 12. France Facility Management Solution Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 13. France Facility Management Solution Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 14. Italy Facility Management Solution Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 15. Italy Facility Management Solution Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 16. Italy Facility Management Solution Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 17. Italy Facility Management Solution Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 18. UK Facility Management Solution Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 19. UK Facility Management Solution Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 20. UK Facility Management Solution Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 21. UK Facility Management Solution Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 22. Russia Facility Management Solution Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 23. Russia Facility Management Solution Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 24. Russia Facility Management Solution Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 25. Russia Facility Management Solution Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 26. Rest of Europe Facility Management Solution Market, Revenue and Forecast to 2028 – By Component (US$ million)
Table 27. Rest of Europe Facility Management Solution Market, Revenue and Forecast to 2028 – By Deployment (US$ million)
Table 28. Rest of Europe Facility Management Solution Market, Revenue and Forecast to 2028 – By Enterprise Size (US$ million)
Table 29. Rest of Europe Facility Management Solution Market, Revenue and Forecast to 2028 – By Application (US$ million)
Table 30. Glossary of Terms, Facility Management Solution Market
LIST OF FIGURES
Figure 1. Facility Management Solution Market Segmentation
Figure 2. Facility Management Solution Market Segmentation - Country
Figure 3. Facility Management Solution Market Overview
Figure 4. Facility Management Solution Market, By Component
Figure 5. Facility Management Solution Market, By Deployment
Figure 6. Facility Management Solution Market, By Enterprise Size
Figure 7. Facility Management Solution Market, By Application
Figure 8. Facility Management Solution Market, By Country
Figure 9. Europe – PEST Analysis
Figure 10. Facility Management Solution Market Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Facility Management Solution Market Impact Analysis of Drivers and Restraints
Figure 13. Europe Facility Management Solution Market, Forecast and Analysis (US$ Mn)
Figure 14. Facility Management Solution Market Revenue Share, by Component Type (2020 and 2028)
Figure 15. Software: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Services: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Facility Management Solution Market Revenue Share, by Deployment (2020 and 2028)
Figure 18. On-Premise: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Cloud-Based: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Facility Management Solution Market Revenue Share, by Enterprise Size (2020 and 2028)
Figure 21. Small and Medium Enterprises: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Large Enterprises: Facility Management Solution Market– Revenue and Forecast to 2028 (US$ Million)
Figure 23. Facility Management Solution Market Revenue Share, by Application (2020 and 2028)
Figure 24. BFSI: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Retail: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Transport and Logistics: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Pharmaceuticals: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Government: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. IT and Telecom: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Manufacturing: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Others: Facility Management Solution Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe Facility Management Solution Market, Revenue and Forecast To 2028 (US$ million)
Figure 33. Europe Facility Management Solution Market Breakdown, By Component, 2020 & 2028 (%)
Figure 34. Europe Facility Management Solution Market Breakdown, By Deployment, 2020 & 2028 (%)
Figure 35. Europe Facility Management Solution Market Breakdown, By Enterprise Size, 2020 & 2028 (%)
Figure 36. Europe Facility Management Solution Market Breakdown, By Application, 2020 & 2028 (%)
Figure 37. Europe Facility Management Solution Market Breakdown, by Country, 2018 & 2027(%)
Figure 38. Germany Facility Management Solution Market, Revenue and Forecast to 2028 (US$ million)
Figure 39. France Facility Management Solution Market, Revenue and Forecast to 2028 (US$ million)
Figure 40. Italy Facility Management Solution Market, Revenue and Forecast to 2028 (US$ million)
Figure 41. UK Facility Management Solution Market, Revenue and Forecast to 2028 (US$ million)
Figure 42. Russia Facility Management Solution Market, Revenue and Forecast to 2028 (US$ million)
Figure 43. Rest of Europe Facility Management Solution Market, Revenue and Forecast to 2028 (US$ million)
Figure 44. Impact of COVID-19 Pandemic in European Country Markets
- FM:Systems
- IBM Corporation
- Infraspeak
- ServiceChannel
- Upkeep Maintenance Management
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