Global Smart Facility Management Market by Component (Software, Sensors and Surveillance Component, and Services), Service (Professional Services and Managed Services), Type (Energy Management, Infrastructure Management, Property Management, and Security), and Region (North America, Europe, APAC, Middle East Africa, and Latin America) – Forecast up to 2025

June 2019 | 88 pages | ID: GCB72F03E3EEN
IHR Insights

Abstracts

Report Title: Global Smart Facility Management Market by Component (Software, Sensors and Surveillance Component, and Services), Service (Professional Services and Managed Services), Type (Energy Management, Infrastructure Management, Property Management, and Security), and Region (North America, Europe, APAC, Middle East Africa, and Latin America) – Forecast up to 2025

This market research report includes a detailed segmentation of the global smart facility management market by component (software, sensors and surveillance component, and services), type (energy management, infrastructure management, property management, and security), service (professional services and managed services), and region (North America, Europe, APAC, Middle East Africa, and Latin America). The market research report identifies Schneider Electric, IBM, Siemens, Johnson Controls, and Honeywell as the market leaders operating in the global smart facility management market.

Overview of the Smart Facility and Intelligent Building Market

Infoholic’s market research report predicts that the global smart facility management market will grow at a CAGR of 18.0% during the forecast period 2019–2025. The market for smart facilities is primarily driven by the increasing demand for energy-efficient buildings among commercial constructions. The integration of smart building features with BAS or BMS and the lack of interest among facility owners to implement smart facility components are restricting the growth of the smart facility management market.

Smart facility management helps the enterprises to monitor and maintain the overall functioning of the building infrastructure with quick response to any system failure. Globally, enterprises are continuously focusing on a sustainable model for facilities to reduce the carbon footprint of their organization.

According to our smart facility management analysis, Europe accounts for the largest market share in 2019. With the presence of the highest number of technology innovators and market disruptors in this region, the adoption of smart facility management solutions is highest in Europe. Several enterprises in this region are focusing on enhancing the employee experience inside the facility and hence improve productivity. Asia Pacific is anticipated to witness the fastest growth rate due to increasing construction activities, pushing the smart facility management market growth, especially in India, China, Indonesia, and Australia.

Smart Facility Market Research Competitive Analysis and Key Vendors

The report covers and analyzes the smart facility management market. Major vendors across different verticals are planning for high investments in product development, and as a result, the smart facility management market is expected to grow at an impressive rate in the coming years. The key players in the market are adopting various organic as well as inorganic growth strategies, i.e., mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies to be in a strong position in the market.

Few of the Key Vendors in the Smart Facility Management Market:

• Schneider Electric
• IBM
• Siemens
• Johnson Controls
• Honeywell

These companies are striving in the market sphere by acquiring clients across verticals, ranging from hospitality and food & beverages to IT and ITeS. For instance, Hilton Garden Inn, a hotel chain in Dubai, adopted Schneider Electric EcoStruxture Building Solution that integrates BMS, guest room management system, and property management system, providing optimal automation and efficiency with insights of room conditions and remote troubleshooting. Ritter Sport implemented Siemens new energy management system, and the company is focused on reducing its energy consumption by an additional 1.5% each year. The system integrates data from production systems with the building management systems to provide a holistic energy management system.

There are numerous other vendors that have been studied based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D for analysis of the entire ecosystem.

Smart FaciltyManagement Market Research By Component

• Software
• Sensors and Surveillance Component
• Services

The software segment is expected to grow at the highest rate during the forecast period 2019–2025.

Smart Facility Management Market Research By Service

• Professional Services
• Managed Services

The managed services segment is estimated to hold the largest market share in 2019, and this trend is likely to continue during the forecast period 2019–2025.

Smart Facility Management Market Research By Type

• Energy Management
• Infrastructure Management
• Property Management
• Security

The infrastructure management segment is projected to grow at the highest rate for driving better building experience, scheduled predictive maintenance, and monitoring.

Smart Facility Management Market Research Benefits

The report provides an in-depth analysis of the smart facility management market. Smart facility management combines various technologies of analytics, mobility, cloud, automation, and alarm systems to offer multiple innovative intelligent features in the facilities. By analyzing various energy-saving areas, intelligent features, and automated controls, smart facility management is expected to provide next-generation building experience. Vendors are focusing on reducing electricity bills, quick notifications to technicians for repairment, space management, and centralized control of buildings. For building a long-lasting and better management in case of hazards and natural calamities, facilities are looking to adopt smart facility management solutions. The report discusses the market in terms of component, type, and region. Furthermore, the report provides details about the major challenges impacting the market growth.

Contents

1 EXECUTIVE SUMMARY

2 INDUSTRY OUTLOOK

2.1 Industry Overview
2.2 Industry Trends

3 MARKET SNAPSHOT

3.1 Total Addressable Market
3.2 Segmented Addressable Market
3.3 PEST Analysis
3.4 Porter 5 (Five) Forces
3.5 Related Markets

4 MARKET CHARACTERISTICS

4.1 Evolution
4.2 Market Trends and Impact
4.3 Market Segmentation
4.4 Market Dynamics
  4.4.1 Drivers
    4.4.1.1 Increased use of data-enabled decision-making
    4.4.1.2 Better connectivity and collaborative workplace
    4.4.1.3 Automation of building maintenance systems and energy management
  4.4.2 Restraints
    4.4.2.1 Changing regulatory and compliance scenario
    4.4.2.2 Cost concerns in implementation
    4.4.2.3 Technical disruptions in building management and automation
  4.4.3 Opportunities
    4.4.3.1 Enhancement in security monitoring of buildings
    4.4.3.2 Tracking of Assets
  4.4.4 DRO – Impact Analysis

5 COMPONENT: MARKET SIZE & ANALYSIS

5.1 Overview
5.2 Software
5.3 Sensors and Surveillance Component
5.4 Services
  5.4.1 Professional Services
  5.4.2 Managed Services

6 TYPE: MARKET SIZE & ANALYSIS

6.1 Energy Management
6.2 Infrastructure Management
6.3 Property Management
6.4 Security

7 REGION: MARKET SIZE & ANALYSIS

7.1 Overview
  7.1.1 Market Size and Analysis
7.2 North America
  7.2.1 North America Smart Facility Management Market Revenue by Component
  7.2.2 North America Smart Facility Management Market Revenue by Services
  7.2.3 North America Smart Facility Management Market Revenue by Type
  7.2.4 US
  7.2.5 Canada
7.3 Europe
  7.3.1 Europe Smart Facility Management Market Revenue by Component
  7.3.2 Europe Smart Facility Management Market Revenue by Services
  7.3.3 Europe Smart Facility Management Market Revenue by Type
  7.3.4 UK
  7.3.5 Germany
  7.3.6 France
  7.3.7 Rest of Europe
7.4 Asia Pacific
  7.4.1 Asia Pacific Smart Facility Management Market Revenue by Component
  7.4.2 Asia Pacific Smart Facility Management Market Revenue by Services
  7.4.3 Asia Pacific Smart Facility Management Market Revenue by Type
  7.4.4 China
  7.4.5 Australia
  7.4.6 Japan
  7.4.7 India
  7.4.8 Rest of Asia Pacific
7.5 Middle East & Africa
  7.5.1 Middle East Africa Smart Facility Management Market Revenue by Component
  7.5.2 Middle East Africa Smart Facility Management Market Revenue by Services
  7.5.3 Middle East Smart Facility Management Market Revenue by Type
  7.5.4 South Africa
  7.5.5 UAE
  7.5.6 Rest of Middle East Africa
7.6 Latin America
  7.6.1 Latin America Smart Facility Management Market Revenue by Component
  7.6.2 Latin America Smart Facility Management Market Revenue by Services
  7.6.3 Latin America Smart Facility Management Market Revenue by Type
  7.6.4 Brazil
  7.6.5 Mexico

8 COMPETITIVE LANDSCAPE

8.1 Competitive Comparison Analysis
8.2 Product Offerings
8.3 Market Developments
  8.3.1 Partnerships, Mergers and Acquisitions
  8.3.2 Product Launches & Exhibitions

9 VENDOR PROFILES

9.1 Schneider Electric SE
  9.1.1 Analyst Opinion
  9.1.2 Business Analysis
9.2 IBM Corp.
  9.2.1 Analyst Opinion
  9.2.2 Business Analysis
9.3 Siemens AG
  9.3.1 Analyst Opinion
  9.3.2 Business Analysis
9.4 Johnson Controls International PLC
  9.4.1 Analyst Opinion
  9.4.2 Business Analysis
9.5 Honeywell International Inc
  9.5.1 Analyst Opinion
  9.5.2 Business Analysis
9.6 Cisco Systems, Inc.
  9.6.1 Analyst Opinion
  9.6.2 Business Analysis
9.7 ENVIZI
  9.7.1 Analyst Opinion
  9.7.2 Business Analysis
9.8 BuildingIQ
  9.8.1 Analyst Opinion
  9.8.2 Business Analysis
9.9 ICONICS, Inc.
  9.9.1 Analyst Opinion
  9.9.2 Business Analysis
9.10 Yardi Systems, Inc.
  9.10.1 Analyst Opinion
  9.10.2 Business Analysis

10 ANNEXURE

10.1 Report Scope
10.2 Research Methodology
  10.2.1 Data Collation & In-house Estimation
  10.2.2 Market Triangulation
10.3 Report Assumptions
10.4 Abbreviations

List Of Tables

LIST OF TABLES

TABLE 1 GLOBAL SMART FACILITY MANAGEMENT MARKET REVENUE BY COMPONENT, 2018–2025 ($BILLION)
TABLE 2 GLOBAL SMART FACILITY MANAGEMENT MARKET GROWTH BY COMPONENT, 2019–2025, (Y-O-Y, %)
TABLE 3 SOFTWARE MARKET REVENUE BY REGION, 2018–2025 ($BILLION)
TABLE 4 SENSORS AND SURVEILLIANCE MARKET REVENUE BY REGION, 2018–2025 ($MILLION)
TABLE 5 GLOBAL SMART FACILITY MANAGEMENT MARKET REVENUE BY SERVICES, 2018–2025 ($BILLION)
TABLE 6 GLOBAL SMART FACILITIES MANAGEMENT MARKET GROWTH BY SERVICE, 2019–2025 (Y-O-Y, %)
TABLE 7 SERVICES MARKET REVENUE BY REGION, 2018–2025 ($BILLION)
TABLE 8 PROFESSIONAL SERVICE MARKET REVENUE BY REGION, 2018–2025 ($BILLION)
TABLE 9 MANAGED SERVICES MARKET REVENUE BY REGION, 2018–2025 ($BILLION)
TABLE 10 GLOBAL SMART FACILITY MANAGEMENT MARKET REVENUE BY TYPE, 2018–2025 ($BILLION)
TABLE 11 GLOBAL SMART FACILITY MANAGEMENT MARKET GROWTH BY TYPE, 2019–2025 (Y-O-Y, %)
TABLE 12 ENERGY MANAGEMENT MARKET REVENUE BY REGION, 2018–2025 ($BILLION)
TABLE 13 INFRASTRUCTURE MANAGEMENT MARKET REVENUE BY REGION, 2018–2025 ($BILLION)
TABLE 14 PROPERTY MANAGEMENT MARKET REVENUE BY REGION, 2018–2025 ($BILLION)
TABLE 15 SECURITY MARKET REVENUE BY REGION, 2018–2025 ($BILLION)
TABLE 16 GLOBAL SMART FACILITY MANAGEMENT MARKET REVENUE BY REGION, 2019–2025 ($BILLION)
TABLE 17 GLOBAL SMART FACILITY MANAGEMENT MARKET GROWTH BY REGION, 2019–2025 (Y-O-Y, %)
TABLE 18 NORTH AMERICA SMART FACILITY MANAGEMENT MARKET REVENUE BY COMPONENT, 2018–2025 ($BILLION)
TABLE 19 NORTH AMERICA SMART FACILITY MANAGEMENT MARKET REVENUE BY SERVICES, 2018–2025 ($MILLION)
TABLE 20 NORTH AMERICA SMART FACILITY MANAGEMENT MARKET REVENUE BY TYPE, 2018–2025 ($BILLION)
TABLE 21 EUROPE SMART FACILITY MANAGEMENT MARKET REVENUE BY COMPONENT, 2018–2025 ($BILLION)
TABLE 22 EUROPE SMART FACILITY MANAGEMENT MARKET REVENUE BY SERVICES, 2018–2025 ($BILLION)
TABLE 23 EUROPE SMART FACILITY MANAGEMENT MARKET REVENUE BY TYPE, 2018–2025 ($BILLION)
TABLE 24 ASIA PACIFIC SMART FACILITY MANAGEMENT MARKET REVENUE BY COMPONENT, 2018–2025 ($BILLION)
TABLE 25 ASIA PACIFIC SMART FACILITY MANAGEMENT MARKET REVENUE BY SERVICES, 2018–2025 ($BILLION)
TABLE 26 ASIA PACIFIC SMART FACILITIES MANAGEMENT MARKET REVENUE BY TYPE, 2018–2025 ($BILLION)
TABLE 27 MIDDLE EAST & AFRICA SMART FACILITY MANAGEMENT MARKET REVENUE BY COMPONENT, 2018–2025 ($BILLION)
TABLE 28 MIDDLE EAST & AFRICA SMART FACILITY MANAGEMENT MARKET REVENUE BY SERVICES, 2018–2025 ($BILLION)
TABLE 29 MIDDLE EAST & AFRICA SMART FACILITY MANAGEMENT MARKET REVENUE BY TYPE, 2018-2025($BILLION)
TABLE 30 LATIN AMERICA SMART FACILITY MANAGEMENT MARKET REVENUE BY COMPONENT, 2018–2025 ($BILLION)
TABLE 31 LATIN AMERICA SMART FACILITY MANAGEMENT MARKET REVENUE BY SERVICES, 2018–2025 ($BILLION)
TABLE 32 LATIN AMERICA SMART FACILITY MANAGEMENT MARKET REVENUE BY TYPE, 2018–2025 ($MILLION)
TABLE 33 PRODUCT/OFFERINGS PORTFOLIO ANALYSIS: SMART FACILITY MANAGEMENT MARKET
TABLE 34 PARTNERSHIPS, MERGER & ACQUISITION, 2018 & 2019
TABLE 35 PRODUCT LAUNCHES & EXPANSIONS, 2017 - 2019
TABLE 36 SCHNEIDER ELECTRIC: OVERVIEW
TABLE 37 SCHNEIDER ELECTRIC: STRATEGIC SNAPSHOT
TABLE 38 SCHNEIDER ELECTRIC: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 39 SCHNEIDER ELECTRIC: OPERATIONAL SNAPSHOT
TABLE 40 SCHNEIDER ELECTRIC: PRODUCT/SERVICE PORTFOLIO
TABLE 41 IBM: OVERVIEW
TABLE 42 IBM: STRATEGIC SNAPSHOT
TABLE 43 IBM: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 44 IBM: OPERATIONAL SNAPSHOT
TABLE 45 IBM: PRODUCT/SERVICE PORTFOLIO
TABLE 46 SIEMENS: OVERVIEW
TABLE 47 SIEMENS: STRATEGIC SNAPSHOT
TABLE 48 SIEMENS: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 49 SIEMENS: OPERATIONAL SNAPSHOT
TABLE 50 SIEMENS: PRODUCT/SERVICE PORTFOLIO
TABLE 51 JOHNSON CONTROLS: OVERVIEW
TABLE 52 JOHNSON CONTROLS: STRATEGIC SNAPSHOT
TABLE 53 JOHNSON CONTROLS: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 54 JOHNSON CONTROLS: OPERATIONAL SNAPSHOT
TABLE 55 JOHNSON CONTROLS: PRODUCT/SERVICE PORTFOLIO
TABLE 56 HONEYWELL: OVERVIEW
TABLE 57 HONEYWELL: STRATEGIC SNAPSHOT
TABLE 58 HONEYWELL: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 59 HONEYWELL: OPERATIONAL SNAPSHOT
TABLE 60 HONEYWELL: PRODUCT/SERVICE PORTFOLIO
TABLE 61 CISCO: OVERVIEW
TABLE 62 CISCO: STRATEGIC SNAPSHOT
TABLE 63 CISCO: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 64 CISCO: OPERATIONAL SNAPSHOT
TABLE 65 CISCO: PRODUCT/SERVICE PORTFOLIO
TABLE 66 ENVIZI: OVERVIEW
TABLE 67 ENVIZI: STRATEGIC SNAPSHOT
TABLE 68 ENVIZI: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 69 ENVIZI: OPERATIONAL SNAPSHOT
TABLE 70 ENVIZI: PRODUCT/SERVICE PORTFOLIO
TABLE 71 BUILDINGIQ: OVERVIEW
TABLE 72 BUILDINGIQ: STRATEGIC SNAPSHOT
TABLE 73 BUILDINGIQ: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 74 BUILDINGIQ: OPERATIONAL SNAPSHOT
TABLE 75 BUILDINGIQ: PRODUCT/SERVICE PORTFOLIO
TABLE 76 ICONICS: OVERVIEW
TABLE 77 ICONICS: STRATEGIC SNAPSHOT
TABLE 78 ICONICS: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 79 ICONICS: OPERATIONAL SNAPSHOT
TABLE 80 ICONICS: PRODUCT/SERVICE PORTFOLIO
TABLE 81 YARDI: OVERVIEW
TABLE 82 YARDI: STRATEGIC SNAPSHOT
TABLE 83 YARDI: BUSINESS OPPORTUNITIES AND OUTLOOK
TABLE 84 YARDI: OPERATIONAL SNAPSHOT
TABLE 85 YARDI: PRODUCT/SERVICE PORTFOLIO
TABLE 86 RESEARCH METHODOLOGY OF GLOBAL SECURITY OPERATIONS CENTER MARKET: TRIANGULATION

List Of Figures

LIST OF FIGURES

CHART 1 SENSORS AND SURVEILLANCE COMPONENT TO GROW DUE TO GROWTH OF IOT AND SECURITY CONCERNS
CHART 2 ASIA PACIFIC TO GAIN MAJOR MARKET SHARE DUE TO GROWING CONSTRUCTION BUSINESS
CHART 3 GLOBAL FACILITY MANAGEMENT MARKET, 2018–2025 ($BILLION)
CHART 4 GLOBAL SMART FACILITY MANAGEMENT MARKET, 2018–2025 ($BILLION)
CHART 5 PEST ANALYSIS OF SMART FACILITY MANAGEMENT MARKET
CHART 6 PORTERS 5 FORCES FOR SMART FACILITY MANAGEMENT MARKET
CHART 7 EVOLUTION OF SMART FACILITY MANAGEMENT MARKET
CHART 8 SMART FACILITY MANAGEMENT SEGMENTATION
CHART 9 MARKET DYNAMICS – DRIVERS, RESTRAINTS & OPPORTUNITIES
CHART 10 DRO - IMPACT ANALYSIS OF SMART FACILITY MANAGEMNT MARKET
CHART 11 SOFTWARE MARKET REVENUE, 2018–2025 ($BILLION)
CHART 12 SENSORS AND SURVEILLIANCE MARKET REVENUE, 2018–2025 ($BILLION)
CHART 13 SERVICES MARKET REVENUE, 2018–2025 ($BILLION)
CHART 14 PROFESSIONAL SERVICE MARKET REVENUE, 2018–2025 ($BILLION)
CHART 15 MANAGED SERVICES MARKET REVENUE, 2018–2025 ($BILLION)
CHART 16 ENERGY MANAGEMENT MARKET REVENUE, 2018–2025 ($BILLION)
CHART 17 INFRASTRUCTURE MANAGEMENTMMARKET REVENUE, 2018–2025 ($BILLION)
CHART 18 PROPERTY MANAGEMENT MARKET REVENUE, 2018–2025 ($BILLION)
CHART 19 SECURITY MARKET REVENUE, 2018–2025 ($BILLION)
CHART 20 NORTH AMERICA SMART FACILITY MANAGEMENT MARKET REVENUE, 2018–2025 ($BILLION)
CHART 21 US MARKET REVENUE, 2018–2025 ($BILLION)
CHART 22 CANADA MARKET REVENUE, 2018–2025 ($BILLION)
CHART 23 EUROPE SMART FACILITY MANAGEMENT MARKET REVENUE, 2018–2025 ($BILLION)
CHART 24 UK REVENUE, 2018–2025 ($BILLION)
CHART 25 GERMANY REVENUE, 2018–2025 ($BILLION)
CHART 26 FRANCE REVENUE, 2018–2025 ($BILLION)
CHART 27 REST OF EUROPE REVENUE, 2018–2025 ($BILLION)
CHART 28 ASIA PACIFIC SMART FACILITY MANAGEMENT MARKET REVENUE, 2018–2025 ($BILLION)
CHART 29 CHINA REVENUE, 2018–2025 ($BILLION)
CHART 30 AUSTRALIA REVENUE, 2018–2025 ($BILLION)
CHART 31 JAPAN REVENUE, 2018–2025 ($BILLION)
CHART 32 INDIA REVENUE, 2018–2025 ($BILLION)
CHART 33 REST OF ASIA PACIFIC REVENUE, 2018–2025 ($BILLION)
CHART 34 MIDDLE EAST & AFRICA SMART FACILITY MANAGEMENT MARKET REVENUE, 2018–2025 ($BILLION)
CHART 35 SOUTH AFRICA REVENUE, 2018–2025 ($BILLION)
CHART 36 UAE REVENUE, 2018–2025 ($BILLION)
CHART 37 REST OF MIDDLE EAST AFRICA REVENUE, 2018–2025 ($BILLION)
CHART 38 LATIN AMERICA SMART FACILITY MANAGEMENT MARKET REVENUE, 2018–2025 ($BILLION)
CHART 39 BRAZIL REVENUE, 2018–2025 ($BILLION)
CHART 40 MEXICO REVENUE, 2018–2025 ($BILLION)
CHART 41 GLOBAL SMART FACILITY MANAGEMENT MARKET: COMPETITIVE LANDSCAPE
CHART 42 SWOT ANALYSIS (TOP 5 VENDORS)