Market Insights

The global Facility Management Software Market , valued at USD 1.82 billion in 2022, is poised to reach USD 3.28 billion by 2029, marking a robust CAGR of 9.10% from 2023 to 2039, according to report. 3D Printing and BIM Integration: The adoption of 3D printing technology is a game-changer, offering precise building components with minimal material wastage. Integrated with Building Information Modeling (BIM), this innovation expedites prototype development, fostering collaboration among stakeholders in construction projects. 3D printing extends the 3D modeling process in BIM, allowing for the creation of physical models from digital files. Integrations with building systems and software applications further streamline data sharing, reflecting an industry poised for growth in response to demands for efficient, cost-effective, and sustainable facility management practices. Key Insights: Solutions Segment: Anticipated to hold the fastest CAGR of 10.01%. Cloud-Based Deplo...

   In the dynamic landscape of modern business, the collaboration between companies and third-party logistics (3PL) providers has become a strategic alliance, reshaping the way businesses manage their supply chains. This article aims to explore the impact of 3PL on businesses, covering its market size in India, identifying global leaders, assessing the overall industry, and predicting future trends. I. Introduction Definition of Third-Party Logistics (3PL) Third-Party Logistics (3PL)  refers to the partnership between businesses and external service providers that assist in outsourcing various logistics and distribution activities. These activities include inventory management, cross-docking, door-to-door delivery, and product packaging. The collaboration with 3PL providers allows businesses to enhance customer experience, ensure scalability, mitigate risks, and focus on core operations. II. Size of Third-Party Logistics Market in India Current Market Statistics The India...