Unlocking the Potential of Facility Management Market: Opportunities and Challenges
Global Facility Management Market Projected to Grow at a CAGR of 6.7% during the Forecast Period
The Global Facility Management Market Research Report (2023-2030) presents an in-depth analysis of the current market status, future forecasts, growth opportunities, key markets, and leading players. This report provides detailed data on factors influencing the growth of the Facility Management Industry at both national and local levels. Readers will gain insights into market size forecasts, regional market share, segment and country growth opportunities, key company profiles, product portfolios, growth strategies, and more.
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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.
Highlights of the Facility Management Market Report:
- Comprehensive scope analysis of the Facility Management Industry,
- Top Key Players in the Facility Management Market,
- Detailed segmentations and market analyses,
- Insights on major industry players, competitive landscapes, emerging market trends, regional impacts, and more.
A few top players in the industry 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)
Market Analysis and Insights:
The report combines quantitative and qualitative analysis, offering a macro overview of the overall market size, industry chain, and market dynamics. It delves deep into segment markets by type, application, and region, providing a holistic and insightful view of the Facility Management Market.
Key Industry Development:
January 2022: 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.
November 2021 – 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.
September 2021: 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.
July 2021: 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.
June 2020 – 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.
Geographical Analysis:
The report examines the production, consumption, revenue, market share, and growth rate in the following regions:
- North America
- Europe
- Asia-Pacific
- South America
- The Middle East and Africa
Segments Covered in the Report
By Service Type
- Hard Services
- Soft Services
- Other Services
By Industry Vertical
- Healthcare
- Government
- Education
- Military & Defense
- Real Estate
- Others (IT & Telecommunication, BFSI)
Table of Contents:
Introduction
- Definition, by Segment
- Research Methodology/approach
- Data Sources
- Key Takeaways
- Market Share Dynamics
- Macro and Micro Economic Indicators
- Drivers, Restraints, Opportunities, and Trends
- Impact of Covid-19
- Short-Term Impact
- Long-Term Impact
- Competition Landscape 2030
- Business Strategies Adopted by Key Players
- Consolidated Swot Analysis of Key Players
- Global Facility Management Key Players Market Share Insights and Analysis, 2030
- Key Market Share Insights and Strategic Recommendations
- Companies Profiled (covered for Key 10 Players Only)
- Overview
- Key Management
- Headquarters Etc.
- Offerings/Business Segments
- Key Details (subjected to Data Availability in The Public Domain And/or on Paid Databases)
- Employee Size
- Key Financials
- Past and Current Revenue
- Geographical Share
- Business Segment Share
- Recent Developments
- Annexure / Appendix
Key Benefits of the Report:
- Comprehensive market analysis, including industry drivers, restraints, opportunities, and recent trends.
- Neutral perspective on market performance.
- Detailed insights on key players, competitive landscapes, and growth strategies.
- Potential and niche segments exhibiting promising growth.
- Historical, current, and projected market sizes in terms of value.
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