Unified Facility Management Market Trends

Unified Facility Management Market overview

Facility management ensures all facilities in an office environment run smoothly and efficiently. It checks the functionality, comfort, safety, and efficiency of a business by managing people, technology, process, and place. Unified facility management contributes highly to the organization's bottom through their responsibility for important assets such as buildings, property, equipment, and other factors such as productivity, inventory. It minimizes the risk involved in an organization by using tactics. Facility management solutions help the facilities management team to make the process more efficient. These solutions help the businesses to find out the poor facilities, processes, and resources and help to improve facility assets.

The unified facility management sector with automation processes and digitization have helped the Unified Facility Management Market to grow. Unified facility management software helps businesses by providing management solutions, and efficiency, and effectiveness to the organization. The unified facility management produces strong opportunities for the growth of businesses. That is why many businesses across the world adoption unified facility management to strengthen their system, and it is expected to drive the growth of the Unified Facility Management Market. The Unified Facility Management Market is driven by increasing demand for facility management sectors such as I.T., healthcare, retail, and, BFSI.

This Unified Facility Management Market report highlights that the market is expected to grow at $168.6 billion with a CAGR rate of 8.30% CAGR by 2030.  The solutions to make the business more efficient have boosted the demand across many industries, and due to that, there is a huge Unified Facility Management Market growth in the past few years. A large number of data centers need facility management solutions, and it is a key driver contributing to global Unified Facility Management Market growth. An increasing number of loT devices also play a major role in the growth of the unified facility management market, and it is likely to remain the key in the forecast period.

Covid-19 analysis

The covid-19 pandemic has hammered businesses all over the world, and the businesses are having financial problems. Organizations are trying to reduce their cost, and they know the importance of managing their facilities.  Offices, retail stores, Warehouses are now modifying their plans due to the pandemic. Enterprises are now taking the help of technology innovations to improve strategy due to the lockdown imposed. Due to this, unified facility management solutions have higher demand. Due to the covid-19 pandemic, vendors are modifying their existing service to boost their sales. This situation has boosted the need for automation of facility management solutions. At the same time, there is a huge decline in the production and supply of materials in various sectors such as manufacturing, real estate, and transportation. Due to this, the demand for unified facility management solutions in these sectors has reduced. Due to the lockdown and social distancing, employees are not coming to work. The covid-19 pandemic had a bad impact as well as a good impact on the market. The market is executed to grow more after the covid-19 pandemic.

Market Dynamics

There are some major drivers that are driving the Unified Facility Management Market growth, as well as there are some restraints that are reducing the demand of the market.

Market driver

Unified facility management market drivers are driving the growth of the market. One of the major drivers of the market is the increasing number of loT tools in unified facility management solutions. loT tools will expect to boost the Unified Facility Management Market. These loT tools help end-users to monitor remote business with ease. Another major driver is evolving I.T. Infrastructure across the world. Cloud-based solutions are increasing with the advancement of technology. These cloud-based solutions give a reliable means of hosting facility management solutions. It also helps to reduce the operational cost of organizations and increase security. It also provides a backup data storage option to businesses and fast data recovery that allows the organization to recover the data quickly. Cloud-based solutions Increase customer satisfaction and reduce maintenance costs. As many businesses are using cloud-based solutions and with it, the unified facility management solutions use is also Increasing. This is increasing the unified facility management business demand.

Market opportunities

Unified facility management solutions are starting to gain popularity all over the world. Businesses are calculating their operating models to maximize the value. Outsourcing contributed significantly to the growth of the facilities management market in many regions. This is due to increase demand if high-quality work experience and cost-effective ways. The rise in demand for outsourcing is fueled by increased installation costs. Evolving real estate models are also expected to bring new opportunities for the Unified Facility Management Market to grow.

Market restraints

Unified facility management gives so many advantages to Enterprises. Still, it is not fully acknowledged by the Enterprise.  One of the major restraints in the market is the lack of understanding of facility management solutions in the businesses. Many organizations are still adopting the. Cloud-based solutions, but they haven't adopted loT ecosystem. That is why their system is still old, and they haven't adapted to the modern setup yet. Despite the advantages of the facility management solutions, the organizations are unaware of the modern solutions. Some organizations are not standardized enough to use facility management solutions, and it has become a major restraint for the market.

Market challenges

Many business organizations face challenges like the Unified Facility Management Market also faces challenges which can affect the market demand. One of the major challenges for the market is to educate the people about the need for unified facility management solutions that will help to increase their business efficiency.

Due to the maintenance and installation cost, businesses are not upgrading their old and traditional techniques, and it has become a huge challenge for the market. The Unified Facility Management Market players are trying their best to overcome these challenges to boost the market demand.

Cumulative analysis

The demand for unified facility management in businesses to run their business more smoothly and efficiently is boost the Unified Facility Management Market size. The market is expected to grow more in the coming years, and the market is expected to grow at $70 billion at a CAGR rate of 15% by 2023: the market drivers and key players contributing highly to the Unified Facility Management Market growth.

Segment overview

The Unified Facility Management Market segments are on the basis of components, deployment type, applications, and regions.

• By component- The Unified Facility Management Market component segment includes software, services, solution, consulting, managed services, integration and deployment, and others.


• By deployment type- The deployment segment of the market includes on the cloud, on-premises, and others.


• By application- Application segment of the unified facility management Industry further carried out into BFSI, I.T., and telecommunication, healthcare, education, retail, and others.


• By region- The major regions of the market are North America, Europe, Asia Pacific, and other regions in the world.

Regional analysis

The regions that are involved in unified facility management business are North America, Europe, Asia Pacific and, other regions in the world.  Among these regions, according to Unified Facility Management Market Analysis, North America holds the highest market share due to economically and technologically advanced countries such as U.S. and Canada. The new technologies, the strong financial situation is driving the growth of the market in this region. North America has many developed countries with well-established infrastructures that produce huge demand for unified facility management solutions. Another region is the rising number of loT devices in unified facility management.

The Asia Pacific is the highest growing region in the Unified Facility Management Market. The big countries like India, Japan, and China have a big market that is boosting the demand in this region. The growing population in this region is expected to drive the market growth more in the forecast period.

Competitive landscape

The major unified facility management players in the market are

• Oracle Corporation (U.S.),


• International Business Machines Corporation (U.S.),


• Archibus, Inc. (U.S.),


• SAP SE (Germany),


• A. Technologies (U.S.),


• Trimble Navigation, Ltd. (U.S.),


• iOffice Corporation (U.S.) Accruent LLC. (U.S.),


• Planon Corporation (Netherlands),


• M. Systems, Inc. (U.S.)

These are the major key players in the market, and among them, Oracle Corporation (U.S.), contributing the most in the market.

Recent developments

• In May 2020, Oracle Japan Corporation partnered with Propre Japan Inc. that is a big real estate data platform provider in the world, to help Oracle Japan Corporation to increase its customer base.


• In May 2020, Accruent enhanced its cloud-based manufacturing solutions


• In April 2019, IBM collaborated with Sund & Bælt that operates the largest infrastructure in the world.