Global Facility Management (FM) Services Market Growth (Status and Outlook) 2023-2029

Global Facility Management (FM) Services Market Growth (Status and Outlook) 2023-2029

Product Code:454978

Published Date: Feb 08,2023

Pages: 120

Region: Global

Category: Service & Software

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Facility Management (FM) is a professional management discipline focused upon the efficient and effective delivery of support services for the organizations that it serves. The ISO defines FM as the “organizational function which integrates people, place and process within the built environment with the purpose of improving the quality of life of people and the productivity of the core business.”
LPI (LP Information)' newest research report, the “Facility Management (FM) Services Industry Forecast” looks at past sales and reviews total world Facility Management (FM) Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Facility Management (FM) Services sales for 2023 through 2029. With Facility Management (FM) Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Facility Management (FM) Services industry.

This Insight Report provides a comprehensive analysis of the global Facility Management (FM) Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Facility Management (FM) Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Facility Management (FM) Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Facility Management (FM) Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Facility Management (FM) Services.

The global Facility Management (FM) Services market size is projected to grow from US$ 36820 million in 2022 to US$ 51740 million in 2029; it is expected to grow at a CAGR of 5.0% from 2023 to 2029.

The major players in global Facility Management (FM) Services market include Sodexo, Aramark, Jones Lang LaSalle, etc. The top 3 players occupy about 40% shares of the global market. North America and Europe are main markets, they occupy about 70% of the global market. Soft Services is the main type, with a share about 60%. Commercial Buildings is the main application, which holds a share about 65%.

This report presents a comprehensive overview, market shares, and growth opportunities of Facility Management (FM) Services market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Soft Services
    Hard Services

Segmentation by application
    Commercial Buildings
    Residential Buildings
    Government Buildings

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Compass Group
    Cushman & Wakefield
    Macro
    Aramark
    CB Richard Ellis
    ISS
    Sodexo
    Apleona HSG
    Cofely Besix
    GDI
    OCS Group
    KnightFM
    Continuum Services
    Jones Lang LaSalle
    Camelot Facility Solutions
    Veranova Properties
    Brookfield Global Integrated Solutions
    Global Facility Management and Construction
    NG&G Facility Services
    Updater Services