Kings Research today announced the release of its latest market intelligence study, “Global Facility Management Software Market: Size, Share, Trends & Forecast 2023–2030.” The report delivers a comprehensive analysis of the market’s size, trajectory, drivers, challenges, and opportunities for decision-makers across industries.
According to Kings Research, the global Facility Management Software Market was valued at USD 1.79 billion in 2022, projected to reach USD 3.59 billion by 2030, growing at a CAGR of 9.29% from 2023 to 2030.
This growth trajectory reflects the rising adoption of advanced digital tools that streamline operations, reduce costs, improve asset lifecycle management, and enhance sustainability outcomes. Organizations across industries are increasingly relying on software-driven facility management to meet operational efficiency goals and sustainability targets.
Facility management software refers to integrated systems that support the planning, operation, and maintenance of buildings and facilities. These solutions combine asset management, maintenance scheduling, space utilization, compliance tracking, energy management, and analytics into a unified platform.
The increasing complexity of modern facilities, spanning commercial buildings, industrial plants, healthcare facilities, and educational institutions, has created a demand for software solutions that enable centralized control, operational transparency, and predictive maintenance capabilities.
The adoption of facility management software aligns with broader trends in digital transformation and sustainability. As companies aim to optimize resource usage and reduce carbon footprints, software plays a central role in delivering measurable efficiency gains.
Key Trends Driving Growth
- Cloud-Based Deployment Models
Cloud deployment offers scalability, flexibility, and cost advantages compared to on-premises solutions. Cloud‑based FM software enables real-time access from anywhere, seamless updates, and reduced IT infrastructure requirements. It is anticipated that enterprise IT spending on public clouds will increase from less than 17% in 2021 to over 45% in 2026..
- Integration with IoT and Smart Building Technologies
IoT sensors, smart HVAC systems, and connected lighting systems integrate with facility management platforms to provide predictive maintenance and energy optimization. The U.S. Department of Energy reports that integrating IoT technologies in buildings can reduce energy use by as much as 30% (Source: https://www.mdpi.com/).
- Focus on Sustainability and Energy Efficiency
Facility management software increasingly incorporates sustainability modules for monitoring energy consumption and environmental compliance. The European Commission’s Energy Performance of Buildings Directive (EPBD) emphasizes digital solutions as a means to achieve the EU’s sustainability targets.
- Regulatory Compliance and Risk Management
Growing regulatory requirements across healthcare, manufacturing, and public facilities are driving demand for FM software that ensures safety compliance, risk tracking, and audit readiness. This trend is particularly strong in Europe and North America, where compliance is both a legal obligation and a competitive differentiator.
- Mobile Accessibility and User-Centric Interfaces
Modern FM software offers mobile applications enabling managers to oversee operations from anywhere. The integration of AI-powered mobile applications has been shown to improve performance by 36% compared to existing methods, highlighting the potential of mobile automation in enhancing operational efficiency (Source: https://arxiv.org/).
For facility managers, CIOs, CTOs, COOs, and sustainability officers, the facility management software market offers a unique value proposition:
- Operational Efficiency: Automates routine tasks, streamlines maintenance, and minimizes downtime.
- Cost Reduction: Optimizes resource allocation, reducing operational costs and improving asset lifespan.
- Regulatory Compliance: Provides tools for meeting compliance mandates and safety regulations.
- Sustainability: Supports energy efficiency and carbon footprint reduction targets.
- Strategic Insights: Data-driven dashboards enable informed decision-making and predictive planning.
- Scalability: Cloud‑based deployment allows expansion across geographies and facilities without heavy capital expenditure.
Regional Outlook
- North America: North America remains a leader in adopting facility management software due to advanced infrastructure, high penetration of smart building solutions, and strong sustainability regulations. Market adoption is driven by commercial real estate, manufacturing, and healthcare sectors prioritizing efficiency and compliance.
- Europe: Europe is expected to grow strongly owing to regulatory mandates such as the EU Green Deal and the EPBD, which require facility management systems to support sustainability and energy efficiency. Integration with smart building projects across major cities is further fueling demand.
Competitive Landscape
Key players in the global facility management software market include Frontu, Accruent, Oracle, Planon, FM:Systems, Trimble, Schneider Electric, Jones Lang LaSalle IP, Inc., UpKeep Technologies, Inc., IBM Corporation, MRI Software, LLC, SAP SE, iOFFICE, Inc., eFACiLiTY.
These players differentiate through cloud-based capabilities, mobile accessibility, IoT integrations, sustainability modules, and industry‑specific customizations. Strategic partnerships, acquisitions, and product innovation remain the key growth strategies.
The full Kings Research report provides detailed segmentation by offering, deployment, vertical, and geography, along with competitive benchmarking and trend analysis. To request a sample, access the complete report, or explore consulting services, please visit https://www.kingsresearch.com/facility-management-software-market-14.
About Kings Research
Kings Research is a global provider of syndicated research and consulting services, enabling organizations to navigate emerging markets, identify opportunities, and make informed strategic decisions.
All market data are sourced from Kings Research proprietary analysis, validated against credible public data and research reports. Examples include International Data Corporation (IDC) — Cloud Adoption Trends, U.S. Department of Energy — Smart Buildings and IoT, and European Commission — Energy Performance of Buildings Directive.