According to CMi Global Facility Management Market Size, Forecast, Analysis & Share Surpass US$ 121.73 Billion By 2030

Custom Market Insights

Custom Market Insights

The Facility Management Market was at US$ 48.49 Billion in 2021 and is growing to approx US$ 121.73 Billion by 2030, with a CAGR growth of 5.7% | 2022 - 2030.

The Global Facility Management Market was estimated at USD 48.49 Billion in 2021 and is anticipated to reach around USD 121.73 Billion by 2030, growing at a CAGR of roughly 5.7% between 2022 and 2030.”
— Custom Market Insights
SANDY, UTAH, UNITED STATES, January 3, 2023 /EINPresswire.com/ -- According to the study, The Global Facility Management Market was estimated at USD 48.49 Billion in 2021 and is anticipated to reach around USD 121.73 Billion by 2030, growing at a CAGR of roughly 5.7% between 2022 and 2030.

Get a sample of the report: https://www.custommarketinsights.com/request-for-free-sample/?reportid=21005

Facility Management Market: Overview

Facility management is a professional management discipline aiming to provide efficient and effective delivery and logistics with other supportive services by intelligent people.

The integration of the physical workplace with an organization’s people and work, including the tasks such as maintenance of equipment, planning and spaces and portfolio forecasting. Facility management basically ensures the functionality, comfort, safety, sustainability and efficiency of the building and the surrounding infrastructure of the work.

The facility management services include emergency preparation and business continuity, environmental sustainability, human aspects, communication, project management, leadership and strategy. In the building era of Urbanization and industrialization, facility management is the most growing and demanding sector as it has provided maintenance assistance, user management and project management for the last two decades.

Facility Management Market: Growth Drivers

The rising workflow of various organizations is provoking the demand for technologies like big data analytics and cloud computing to manage operational activities with the private details of the company. So, this makes the anticipation of a rise in investment in facility management services in the upcoming years. Furthermore, the organization’s rising focus on improving operational efficiencies, better client experience, and protecting vital information has compelled industries to adopt the facility management service, thereby propelling the demand for the facility management market.

Increases in the adoption of cloud computing: The rising adoption of cloud computing and automation in the industry for enhancing their productivity and operational activities have given anticipation to fuel the demand and eventual sales of facility management.

Increase in government expenditure in the service sector: The demand for the facility management market has risen steadily due to the increase in government expenditure in transportation, energy, construction and others. Their service provider contacts the building management to deliver their services successfully.

Report URL: : https://www.custommarketinsights.com/report/facility-management-market/

Key Insights:

A) As per the analysis shared by our research analyst, the Facility Management market is estimated to grow annually at a CAGR of around 5.7% over the forecast period (2022-2030).
B) In terms of revenue, the Facility Management market size was valued at around USD 48.49 Billion in 2021 and is projected to reach USD 121.73 Billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
C) Based on service type segmentation, the complex services segment is estimated to hold the largest market share during the forecast period.
D) Based on vertical industry segmentation, the real estate segment is the leading revenue-generating category during the forecast period.
E) Based on geography/region, the Asia Pacific region was the leading revenue generator in 2021.

Press Release For Facility Management Market: https://www.custommarketinsights.com/press-releases/facility-management-market-share/

Regional Landscape

Asia-Pacific held the dominant position and is anticipated to be in the dominating state during the forecast period of the facility management market. The existence of various organized and unorganized companies in India and China is the main reason behind the regional domination in the market. Moreover, the establishment of multiple firms concentrates more on building a partnership with the local players to provide services to the end users and increase their geographic reach. Apart from this, Europe is predicted to have an increased market share in the upcoming years due to the adoption of preventive measures by the government.

Get a sample of the report:https://www.custommarketinsights.com/request-for-free-sample/?reportid=21005

Key Players

Sodexo
CBRE Group Inc
ISS A/S
Compass Group
Aramark
Jones Lang Lasalle Incorporated
Cushman & Wakefield plc.
Tenon Group
Johnsons Controls International plc.
Dussmann Group
Serco Group PLC
Mitie Group Plc
Veolia Environment

Directly Purchase a Copy of the Report @ https://www.custommarketinsights.com/checkout/?reportid=21005

The Facility Management Market is segmented as follows:

By Service Type Analysis

Hard services
Soft services
Others

By Industry Vertical Analysis

Healthcare
Government
Education

By Geography

North America

The USA
Canada
Mexico
Europe
The UK
Germany
France
Italy
Russia
Rest of Europe

Asia Pacific

China
India
Japan
South Korea
Malaysia
Philippines
Rest of Asia-pacific

Latin America

Brazil
Rest of Latin America
Middle East and Africa
GCC
North Africa
South Africa
Rest of Middle East & Africa

Get a sample of the report: https://www.custommarketinsights.com/request-for-free-sample/?reportid=21005

Take a Look at our other Reports:

Global Foamed Plastic Insulation Products Market 2022 – 2030 : https://www.custommarketinsights.com/report/foamed-plastic-insulation-products-market/
Global FRP Fibre Reinforced Plastic Pipes Market 2022 – 2030 : https://www.custommarketinsights.com/report/fibre-reinforced-plastic-pipes-market/
Global Triclosan Market 2022 – 2030 : https://www.custommarketinsights.com/report/triclosan-market/
Global Renewable Energy Certificate Market 2022 – 2030 : https://www.custommarketinsights.com/report/renewable-energy-certificate-market/
Global Master Data Management Market 2022–2030 : https://www.custommarketinsights.com/report/master-data-management-market/

About Us

Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.

Custom Market Insights provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey.

Get a sample of the report:https://www.custommarketinsights.com/request-for-free-sample/?reportid=21005
Contact Us

Joel John
Custom Market Insights
+1 801-639-9061
joel@custommarketinsights.com
Visit us on social media:
Facebook
Twitter
LinkedIn
YouTube