This global Facility Management Market study provides in-depth details about the industry, including insightful data and statistics. Additionally, the report includes records that span from the base year (2022) to the forecast period (2023-2030). This market research report, which examines various suggestions and workable growth methods with regard to the market, has established a benchmark for such a dynamic market. In addition to covering a broad range of geographical areas, the market study concentrates on certain important areas, such as North America, Europe, Asia Pacific, the Middle East, South America, and the Middle East and Africa (MEA).
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#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.
Overview of Facility Management Market:
CAGR (%) : 6.7%
Forecast Value: USD 2,031.4 billion
Forecast Year: 2030
Report Coverage: Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and much more
The Facility Management document includes a thorough examination of the market's competitive environment in addition to company insights, financial information, trending developments, mergers and acquisitions, and SWOT analysis. The readers will have a precise understanding of the market as a whole from this market research, enabling them to make wise decisions. Leading international industry participants are highlighted in the document, together with details about their business profiles, specs, capacity, cost, revenue, and contact details. Determining the current market opportunities is aided by a thorough examination of the market segmentation included in this Facility Management market study. Comprehensive data on significant factors like industry prospects, obstacles to growth, and growth drivers is also provided in this market analysis.
Key Industry Development:
- 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.
This Report Also Includes:
- Fortune Business Insights™Research Methodology
- Tactics And Suggestions For New Entrants
- Segmentation Analysis
- Economic Indices
- Companies Strategic Developments
- Market Growth Drivers And Restraints
- Selected Illustrations Of The Market Penetrations And Trends
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Key Market Segments Covered in Facility Management Market Industry Research:
By Service Type
- Hard Services
- Soft Services
- Other Services
By Industry Vertical
- Healthcare
- Government
- Education
- Military & Defense
- Real Estate
- Others (IT & Telecommunication, BFSI)
Major Companies present in the Facility Management Industry Report are:
- 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)
Table of Contents:
- Part 01: Executive Summary
- Part 02: Scope of The Report
- Part 03: Research Methodology
- Part 04: Market Landscape
- Part 05: Pipeline Analysis
- Part 06: Market Sizing
- Part 07: Five Forces Analysis
- Part 08: Market Segmentation
- Part 09: Customer Landscape
- Part 10: Regional Landscape
- Part 11: Decision Framework
- Part 12: Drivers and Challenges
- Part 13: Market Trends
- Part 14: Vendor Landscape
- Part 15: Vendor Analysis
- Part 16: Appendix
Continue....
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How does this Facility Management Market Insights Help?
- Facility Management Market share (regional, product, application, end-user) both in terms of volume and revenue along with CAGR
- The Key parameters which are driving this market and restraining its growth
- What are the challenges manufacturers will face as well as new opportunities and threats faced by them
- To learn about the market strategies that are being adopted by your competitors and leading organizations
- To Increase insightful analyses of the market and have a comprehensive understanding of the “Facility Management Market” and its commercial landscape
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