The global facility management market reached nearly US$ 48.9 Billion in 2020. The market is further projected to reach US$ 102.8 Billion by 2026, exhibiting a CAGR of 13.2% during 2021-2026. As per the analysis by IMARC Group, with the emergence of artificial intelligence (AI)- and the internet of things (IoT)-driven technologies, top companies in the facility management market are shifting from tactical, traditional facilities management to a predictive, smarter management experience.
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Top Facility Management Compaines:
International Business Machines (IBM) Corporation
Headquarter: New York, United States
IBM is a leading cloud platform and cognitive solutions company. It is the largest technology and consulting employer in the world, with more than 350,000 employees serving clients in 170 countries. With Watson, the AI platform for business, powered by data, the company is building industry-based solutions to real-world problems. For more than seven decades, IBM Research has defined the future of information technology with more than 3,000 researchers in 12 labs located across six continents.
Headquarter: Austin, Texas
Oracle Corporation is an American multinational computer technology corporation. In 1882, the company changed its name to Oracle Corporation from Relational Software Inc. (SDL). It ranked as the world’s largest database management company with US$ 100 Million in sales and 4,500 end users in 55 countries. The company outgrows old headquarters and moves to its current location in Redwood Shores, California. Oracle primavera facilities and asset lifecycle management is a single, integrated, cloud-based platform that enables users to effectively manage the entire portfolio of real estate and assets.
Headquarter: California, United States
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. From purpose built products to enterprise lifecycle solutions, Trimble software, hardware and services are transforming industries such as agriculture, construction, geospatial and transportation and logistics. With over 2,000 worldwide patents as well as research and development centers in more than 15 countries, Trimble augments its organic product development with strategic acquisitions to bring the latest technologies to a wider market.
Headquarter: San Jose, United States
Broadcom Inc., a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, announced its complete acquisition of CA Technologies. Broadcom’s category-leading product portfolio serves critical markets, including data center, networking, software, broadband, wireless, storage and industrial. The company’s solutions include data center networking and storage, enterprise and mainframe software focused on automation, monitoring and security, smartphone components, telecoms and factory automation.
Headquarter: Walldorf, Germany
Originally known for leadership in enterprise resource planning (ERP) software, SAP has evolved to become a market leader in end-to-end enterprise application software, database, analytics, intelligent technologies, and experience management. A top cloud company with 200 million users worldwide, SAP helps businesses of all sizes and in all industries to operate profitably, adapt continuously, and achieve their purpose.
Headquarter: Boston Massachusetts, United States
ARCHIBUS is the global leader in streamlining how one can manage facilities, infrastructure and real estate. It is the world’s largest support network that centralizes the data, reduces costs, enhances sustainability, and creates a better workplace by transforming how an individual connect people, place, and purpose.
Headquarter: Austin, Texas, United States
Accruent serves a wide range of industries in 150+ countries around the world. Accruent’s product portfolio is designed for the complex needs of specific industries, including corporate real estate, healthcare, higher education, public sector, retail, telecom, and utilities.
Maintenance Connection Inc.
Headquarter: Davis, California
Maintenance Connection has provided Facility Maintenance and Asset Management Software (Browser-Based CMMS) to organizations worldwide. Its unique blend of top-notch technology and personalized service give the ability to deliver satisfaction and success to its customers. The company also embodies a strong team with a substantial group of staff in Salt Lake City, Utah and many more regionally and across the globe.
Spacewell International (MCS Solutions Pvt Ltd)
Spacewell International, earlier known as MCS Solutions Pvt Ltd, is a Nemetschek Group technology and consulting firm supporting its clients across the globe to improve the performance of their building portfolios. Their core purpose is to make buildings work harder for their occupants by unlocking the power of building data. It assist the clients to optimize their facility operations and achieve bottom-line savings. And it helps them create workplaces that offer the agility, flexibility, and connectivity needed to support new ways of working.
Headquarter: Boston, Massachusetts
Planon is the leading global provider of innovative software, proven best practices and professional services that support building owners, occupiers and service providers. All Planon software solutions contribute to better building and workplace performance by simplifying business processes and reducing costs. The company was named a ‘leader’ in the Verdantix 2019 Green Quadrant Integrated Workplace Management Systems (IWMS), reinforcing its position as a strong solution provider in the global IWMS market. Since 2006, Planon has been listed as a ‘leader’ by Gartner in its Magic Quadrant for IWMS. The company has also implemented its comprehensive solutions for over 2,500 clients, supported by offices and partners around the world.
Headquarter: Houston, Texas
Ioffice, Inc. is a real-time, cloud-based software application that helps facility leaders and real estate professionals run their buildings smarter. It was instrumental in founding the first-ever platform of this kind in a native SaaS offering. Through the marketplace of smart building and IoT connectors and global partner network, iOFFICE enables enterprises to increase agility and scalability while streamlining their tech stack.
Headquarter: Columbus, Ohio
JadeTrack is a cloud-based platform that combines automated utility bill management, ENERGY STAR facility benchmarking, real-time monitoring, and sustainability reporting with a customer success team. The company also provides clarity on utility data, improve decision making, and capture savings to users.
Headquarter: San Jose, United States
MetricStream is the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users across various industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing.
Emaint Enterprises, LLC
Headquarter: Bonita Springs, United States
eMaint Enterprises LLC designs and develops computerized maintenance management software. The company offers enterprise asset, work, and inventory management, as well as preventive maintenance, reporting, and scheduling solutions.
Facilities Management Express (FMX), LLC
Headquarter: Columbus, United States
FMX is a leading provider of facilities and maintenance management solutions that help organizations accelerate operational excellence. In the near future, FMX will deliver innovations for predictive maintenance, greater interoperability of systems through integrations, and new capabilities designed to enhance the productivity of various organizations across the globe.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the facility management industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:
- Market Research
- Plant setup
- Plant Expansion
- Marketing and sales
- Procurement and Distribution
- Innovation and Product Development