Hard Services Facility Management Market By Provision (fire safety systems, heating, lighting/electrical, air conditioning, plumbing and Mechanical), By Industry (Military & Defence, Government, Healthcare, Education, Real Estate and Others), Regions And Global Forecast 2020-2027

$4700

The global hard services facility management market was expected to grow from USD 40 billion in 2019 to USD 91.5 billion by 2027, at a CAGR of 11% during the forecast period 2020-2027.

Hard services relate to the physical part of the building and cannot be removed. They are the essentials, and ensure the safety and welfare of employees. Hard services are required by law and include provisions such as fire safety systems, heating, lighting/electrical, air conditioning, plumbing and mechanical.

Need to manage environmental and regulatory compliance, increasing demand for combined office administration to reach economies of scale, shifting the focus to practical workplace and versatility, enhancing the development of the sustainable foundation, the emergence of the SaaS deployment guide, to increase the selection of iot and related intelligent instruments for building automation are some of the determinants of the global hard services facility management which is enhancing the demand globally. However, lack of managerial perception and dependency on the in-house ease administration team, combination of fluency administration with legacy ERP methods and lack of facilities and expertise are some of the restraints of the global market.

Based on the provisions, the market has been segmented into fire safety systems, heating, lighting/electrical, air conditioning, plumbing and mechanical. The fire safety system and air conditioning are leading segments which are having the most substantial share of the global hard facility market. Due to rise in people’s requirement about the air conditioning, increase in disposable income and supportive government policy about the fire safety system. However, the mechanical and plumbing segment carries a stagnant market share over the years.

Based on the industry, the market is segmented into military & defence, government, healthcare, education, real estate and others. The military & defence has the highest market share due to high safety requirements, high demand of service in the form of volume, and the high military budget all over the globe. The healthcare segment has the 2nd most substantial market share and is growing with high CAGR due to demand for service of the hard equipment and so on.

Based on the region the market has been segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. North America has the most substantial share of the global hard services facility management. Primary reason directing the growth of North America is government ordinances required on the defence and healthcare to stop market manipulation. The Asia-Pacific region has the 2nd largest share of the market due to the rise in the service sector, increase in disposable income of the people, raising awareness for safety, etc. The European market has stagnant growth over the years due to market development, previous development of the health care industries and sedentary expenditure on the military & defence.

Maintenance Connection, eMaint, Hippo CMMS, FSI, Indus Systems, Autodesk, Nemetschek, Archidata, JadeTrack, MetricStream, Facility Management eXpress, OfficeSpace, FacilityONE Technologies, Planon, FM:Systems, iOFFICE,  and Apleona are some of the most proficient players of the global market. These companies are mainly concentrated on the advancement of new technologies & devices; expand from their territories to grab the vital share of the global market. 

COVID is a watershed time for security, facility management sector: There is a lot of speculation which is progressing in the technological businesses universal on running on getting the best contactless bio-metric technologies for ultimate use. So, one does not understand if something may grow up that is moderately priced, very soon. There are difficulties in the facial identification technology that’s why the finger touch method was extensively used. The companies will have to put a lot more extra struggle to find something which can substitute touch-based bio-metric.

The Study delivers comprehensive analysis of the following segments:

Global Streaming Media Devices Market Analysis And Forecast, by Type

  • Game Console
  • Media Streamers And
  • Smart TVs

Global Streaming Media Devices Market Analysis And Forecast, by Application

  • Web-Browsing
  • Real-Time Entertainment
  • Gaming
  • E-Learning
  • Social Networking

Global Streaming Media Devices Market Analysis And Forecast, by End Use

  • Commercial
  • Residential

Global Streaming Media Devices Market And Forecast, By Regional Analysis

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Sweden
  • Netherland
  • U.K.
  • Italy
  • Spain
  • Turkey
  • Switzerland
  • Belgium
  • Rest Of Europe
  • Asia-Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Philippines
  • Rest Of APAC
  • South America
  • Brazil
  • Argentina
  • Peru
  • Colombia
  • Rest Of South America
  • Middle East And Africa
  • UAE
  •  Saudi Arabia
  •  Egypt
  •  Nigeria
  • South Africa
  • Rest of MEA

Report Description:

  • The base year for the study has been considered 2019, historic year 2017 and 2018, the forecast period considered is from 2020 to 2027.
  • The study delivers a comprehensive analysis of global market for all segments and region.
  • The report offers in-depth analysis of driving factors, opportunities and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2020 to 2027.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates the industry analysis which is focused on providing an extensive view of the market.
  • The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Provision
          4.3.2. Market Attractiveness Analysis By Industry
          4.3.3. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
    5.3. Restrains
    5.4. Opportunities
    5.5. Challenges
6. Global Hard Services Facility Management Market Analysis and Forecast, By Provision
    6.1. Segment Overview
    6.2. Fire Safety Systems
    6.3. Heating
    6.4. Lighting/Electrical
    6.5. Air Conditioning
    6.6. Plumbing
    6.7. Mechanical
7. Global Hard Services Facility Management Market Analysis and Forecast, By Industry
    7.1. Segment Overview
    7.2. Military & Defence
    7.3. Government
    7.4. Healthcare
    7.5. Education
    7.6. Real Estate
    7.7. Others
8. Global Hard Services Facility Management Market Analysis and Forecast, By Regional Analysis
    8.1. Segment Overview
    8.2. North America
          8.2.1. U.S.
          8.2.2. Canada
          8.2.3. Mexico
    8.3. Europe
          8.3.1. Germany
          8.3.2. France
          8.3.3. U.K.
          8.3.4. Italy
          8.3.5. Spain
    8.4. Asia-Pacific
          8.4.1. Japan
          8.4.2. China
          8.4.3. India
    8.5. South America
          8.5.1. Brazil
    8.6. Middle East and Africa
          8.6.1. UAE
          8.6.2. South Africa
9. Global Hard Services Facility Management Market-Competitive Landscape
    9.1. Overview
    9.2. Market Share of Key Players in Global Hard Services Facility Management Market
          9.2.1. Global Company Market Share
          9.2.2. North America Company Market Share
          9.2.3. Europe Company Market Share
          9.2.4. APAC Company Market Share
    9.3. Competitive Situations and Trends
          9.3.1. Product Launches and Developments
          9.3.2. Partnerships, Collaborations, and Agreements
          9.3.3. Mergers & Acquisitions
          9.3.4. Expansions
10. Company Profiles
    10.1. Maintenance Connection
          10.1.1. Business Overview
          10.1.2. Company Snapshot
          10.1.3. Company Market Share Analysis
          10.1.4. Company Product Portfolio
          10.1.5. Recent Developments
          10.1.6. SWOT Analysis
    10.2. eMaint
          10.2.1. Business Overview
          10.2.2. Company Snapshot
          10.2.3. Company Market Share Analysis
          10.2.4. Company Product Portfolio
          10.2.5. Recent Developments
          10.2.6. SWOT Analysis
    10.3. Hippo CMMS
          10.3.1. Business Overview
          10.3.2. Company Snapshot
          10.3.3. Company Market Share Analysis
          10.3.4. Company Product Portfolio
          10.3.5. Recent Developments
          10.3.6. SWOT Analysis
    10.4. FSI
          10.4.1. Business Overview
          10.4.2. Company Snapshot
          10.4.3. Company Market Share Analysis
          10.4.4. Company Product Portfolio
          10.4.5. Recent Developments
          10.4.6. SWOT Analysis
    10.5. Indus System
          10.5.1. Business Overview
          10.5.2. Company Snapshot
          10.5.3. Company Market Share Analysis
          10.5.4. Company Product Portfolio
          10.5.5. Recent Developments
          10.5.6. SWOT Analysis
    10.6. Autodesk
          10.6.1. Business Overview
          10.6.2. Company Snapshot
          10.6.3. Company Market Share Analysis
          10.6.4. Company Product Portfolio
          10.6.5. Recent Developments
          10.6.6. SWOT Analysis
    10.7. Nemetschek
          10.7.1. Business Overview
          10.7.2. Company Snapshot
          10.7.3. Company Market Share Analysis
          10.7.4. Company Product Portfolio
          10.7.5. Recent Developments
          10.7.6. SWOT Analysis
    10.8. Archidata
          10.8.1. Business Overview
          10.8.2. Company Snapshot
          10.8.3. Company Market Share Analysis
          10.8.4. Company Product Portfolio
          10.8.5. Recent Developments
          10.8.6. SWOT Analysis
    10.9. Jade Track
          10.9.1. Business Overview
          10.9.2. Company Snapshot
          10.9.3. Company Market Share Analysis
          10.9.4. Company Product Portfolio
          10.9.5. Recent Developments
          10.9.6. SWOT Analysis
    10.10. MetricStream
          10.10.1. Business Overview
          10.10.2. Company Snapshot
          10.10.3. Company Market Share Analysis
          10.10.4. Company Product Portfolio
          10.10.5. Recent Developments
          10.10.6. SWOT Analysis
    10.11. Facility Management eXpress
          10.11.1. Business Overview
          10.11.2. Company Snapshot
          10.11.3. Company Market Share Analysis
          10.11.4. Company Product Portfolio
          10.11.5. Recent Developments
          10.11.6. SWOT Analysis
    10.12. OfficeSpace
          10.12.1. Business Overview
          10.12.2. Company Snapshot
          10.12.3. Company Market Share Analysis
          10.12.4. Company Product Portfolio
          10.12.5. Recent Developments
          10.12.6. SWOT Analysis
    10.13. FacilityONE Technologies
          10.13.1. Business Overview
          10.13.2. Company Snapshot
          10.13.3. Company Market Share Analysis
          10.13.4. Company Product Portfolio
          10.13.5. Recent Developments
          10.13.6. SWOT Analysis
    10.14. Planon
          10.14.1. Business Overview
          10.14.2. Company Snapshot
          10.14.3. Company Market Share Analysis
          10.14.4. Company Product Portfolio
          10.14.5. Recent Developments
          10.14.6. SWOT Analysis
    10.15. FM System
          10.15.1. Business Overview
          10.15.2. Company Snapshot
          10.15.3. Company Market Share Analysis
          10.15.4. Company Product Portfolio
          10.15.5. Recent Developments
          10.15.6. SWOT Analysis
    10.16. iOffice
          10.16.1. Business Overview
          10.16.2. Company Snapshot
          10.16.3. Company Market Share Analysis
          10.16.4. Company Product Portfolio
          10.16.5. Recent Developments
          10.16.6. SWOT Analysis
    10.17. Apleona
          10.17.1. Business Overview
          10.17.2. Company Snapshot
          10.17.3. Company Market Share Analysis
          10.17.4. Company Product Portfolio
          10.17.5. Recent Developments
          10.17.6. SWOT Analysis

List of Table

1. Global Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

2. Global Fire Safety Systems Market, By Region, 2017–2027(USD Billion)  

3. Global Heating, By Region, 2017–2027(USD Billion)  

4. Global Lighting/Electrical Market, By Region, 2017–2027(USD Billion)  

5. Global Air Conditioning Market, By Region, 2017–2027(USD Billion)  

6. Global Plumbing Market, By Region, 2017–2027(USD Billion)  

7. Global Mechanical Market, By Region, 2017–2027(USD Billion)  

8. Global Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

9. Global Military & Defence Hard Services Facility Management Market, By Region, 2017–2027(USD Billion)  

10. Global Government Hard Services Facility Management Market, By Region, 2017–2027(USD Billion)  

11. Global Healthcare Hard Services Facility Management Market, By Region, 2017–2027(USD Billion)  

12. Global Education Hard Services Facility Management Market, By Region, 2017–2027(USD Billion)  

13. Global Real Estate Hard Services Facility Management Market, By Region, 2017–2027(USD Billion)  

14. Global Others Hard Services Facility Management Market, By Region, 2017–2027(USD Billion)   

15. Global Hard Services Facility Management Market, By North America, 2017–2027(USD Billion)  

16. North America Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

17. North America Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

18. U.S. Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

19. U.S. Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

20. Canada Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

21. Canada Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

22. Mexico Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

23. Mexico Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

24. Europe Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

25. Europe Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

26. Germany Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

27. Germany Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

28. France Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

29. France Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

30. U.K. Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

31. U.K. Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

32. Italy Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

33. Italy Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

34. Spain Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

35. Spain Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

36. Asia Pacific Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

37. Asia Pacific Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

38. Japan Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

39. Japan Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

40. China Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

41. China Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

42. India Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

43. India Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

44. South America Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

45. South America Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

46. Brazil Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

47. Brazil Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

48. Middle East and Africa Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

49. Middle East and Africa Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

50. UAE Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

51. UAE Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

52. South Africa Hard Services Facility Management Market, By Provision, 2017–2027(USD Billion)  

53. South Africa Hard Services Facility Management Market, By Industry, 2017–2027(USD Billion)  

List of Figures 

1. Global Hard Services Facility Management Market Segmentation

2. Hard Services Facility Management Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Hard Services Facility Management Market Attractiveness Analysis By Provision

9. Global Hard Services Facility Management Market Attractiveness Analysis By Industry

10. Global Hard Services Facility Management Market Attractiveness Analysis By Region

11. Global Hard Services Facility Management Market: Dynamics

12. Global Hard Services Facility Management Market Share By Provision (2019 & 2027)

13. Global Hard Services Facility Management Market Share By Industry (2019 & 2027)

14. Global Hard Services Facility Management Market Share by Regions (2019 & 2027)

15. Global Hard Services Facility Management Market Share by Company (2019)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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