The Global Facilities Management Industry Analysis is Projected to Grow USD 2,031.4 billion at a CAGR of 6.7% During the Forecast Period | No of Pages 120
The latest market analysis by Fortune Business Insights report titled "Facilities Management Market | 2024” presents data and information on the development of the investment structure, technological improvements, market trends and developments, capabilities, and comprehensive information on the key players of the Facilities Management Market.
Facility Management Market is projected to grow from USD 1,291.6 billion in 2023 to USD 2,031.4 billion by 2030, exhibiting a CAGR of 6.7% during the forecast period.
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List Of Top Key Player Of Facilities Management Market:
- Sodexo (France)
- CBRE Group, Inc. (U.S.)
- ISS A/S (Denmark)
- Compass Group (U.K.)
- Tenon Group (India)
- Johnson Controls International plc. (Ireland)
- Dussmann Group (Germany)
- Serco Group PLC (U.K.)
- OCS Group International Limited (U.K.)
- Dussmann Gulf LLC (U.A.E.)
- G4S Plc (U.K.)
- EFS Facilities Services Group (U.A.E.)
- Veolia Environment (France)
Global Facilities Management Industry Growth report serves as an ideal solution for a better understanding of the Market. It is helpful in finding out the size of the Market for specific products. These major players operating in this Market are in strong competition in terms of technology, innovation, product development, and product pricing. The Market study aids in making sales forecasts for its products and thereby, establishing harmonious adjustment between demand and supply of its products.
Recent Developments
Aramark, a global company engaged in uniforms & food and facilities management, announced a strategic partnership with Patient Engagement Advisors (PEA), an advanced technology platform that associates transition specialists with patients.
CBRE Group, Inc. and Turner & Townsend Holdings Limited completed their acquisition. CBRE bought a 60% ownership stake in the company and entered into a strategic collaboration with Turner & Townsend. Turner & Townsend serves customers in 46 countries with program management, cost consulting, project management, and advisory consulting services. Real estate, infrastructure, and natural resources are the three business segments.
Disrupt-X partnered with Imdaad to introduce IoT technology to enhance FM services in the UAE using Intel’s leading-edge technology and edge to cloud offerings.
Farnek introduced HITEK solution 4.0, estimating that it could save up to 17% in manpower costs by transferring traditional FM operational management to HITEK’s smart management.
Sodexo partnered with Bureau Veritas to introduce a hygiene verification label for Sodexo service that gives quality assurance to consumers. This partnership covers on-site facility management services and catering services. The label was introduced in the U.K., France, the U.S., Canada, and then gradually rolled out in other countries across the globe.
Market Analysis and Insights: Global Facilities Management Market
The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application, and region, and, as a result, provides a holistic view of, as well as a deep insight into the Facilities Management Market covering all its essential aspects.
For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.
Geographically, the report includes research on production, consumption, revenue, market share, and growth rate in following regions:
- North America
- Europe
- Asia-Pacific
- South America
- The Middle East and Africa
Facilities Management Market Segmentations:
By Service Type
- Hard Services
- Soft Services
- Other Services
By Industry Vertical
- Healthcare
- Government
- Education
- Military & Defense
- Real Estate
- Others (IT & Telecommunication, BFSI)
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Market Drivers:
Government bodies across countries heavily invest in the construction and infrastructural sector. Infrastructural growth is heavily dependent on three components, renovation of existing buildings, new building construction, and civil engineering.
Table of Content (TOC)
- Chapter 1 Facilities Management Industry Overview
- Chapter 2 Global Economic Impact on Industry
- Chapter 3 Global Industry Competition by Manufacturers
- Chapter 4 Global Production, Revenue (Value) by Region
- Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
- Chapter 6 Global Production, Revenue (Value), Price Trend by Type
- Chapter 7 Global Industry Analysis by Application
- Chapter 8 Manufacturing Cost Analysis
- Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
- Chapter 10 Marketing Strategy Analysis, Distributors/Traders
- Chapter 11 Industry Effect Factors Analysis
- Chapter 12 Global Facilities Management Industry Forecast
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Key Benefits of This Market Research:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Facilities Management Market
- Overview of the Regional Outlook of the Facilities Management Market
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