Global Facility Management Market Overview, By MarketIntelReports 1 | Page 4
APAC is expected to dominate the facility management market during the forecast period
The facility management market segments the global market on the basis of regions, which
include North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and
Latin America. North America is expected to hold the largest share of the facility
management market in 2016 due to the technological advancements and early adoption of
facility management solutions across a large number of verticals in this region. The market
in APAC is expected to grow at the highest CAGR between 2016 and 2021. The primary
driving forces for this growth are changing work culture in organizations and rapidly
deployable cloud-based solutions in various industries in the APAC countries, especially
India, China, and Japan.
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