Growth in the facility management market is driven by growing housing market, smart cities development and rapid infrastructure development in the country.
Choosing a proactive maintenance strategy for your facility helps you reduce costs and cut back on emergency repairs. Keeping track of the different types of proactive maintenance strategies can be a headache, though. What are the differences between predictive, preventive and condition-based maintenance?
After more than two years of supply chain disruptions, many facility managers are looking for new ways to ensure they get the products their buildings and tenants need, especially managers of health care facilities, where obtaining supplies in a timely matter can help save patients' lives.
The global facility management market size to grow from USD 42.2 billion in 2021 to USD 76.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. Various factors such as surge in demand for cloud-based facility management solutions and rise in demand for facility management solutions integrated with intelligent software are expected to drive the adoption of facility management solutions and services.
FM Analytics startup develops a cloud-based maintenance software for daily, smart and advanced maintenance operations management.
The recent growth of the real estate market and residential investments increases the demand for innovative facility management software.