Facilities-Management-Market Key Trends, Growth, Share, Size, Analysis and Forecast to 2026

Facilities-Management-Market Key Trends, Growth, Share, Size, Analysis and Forecast to 2026

Posted on Dec 6 2019 7:02 AM

"The global Facilities Management Market market was valued at nearly 1.19 Bn in 2018. It is projected to reach more than 1.74 Trillion by the end of 2026, exhibiting a CAGR of 4.9% in the forecast period."

The Global Facilities Management Market is projected to gain impetus from the increasing demand for green energy across the globe. According to a published report by Fortune Business Insights, titled 'Facilities Management Market: Global Market Analysis, Insights, and Forecast, 2018-2026,

The global Facilities Management Market market was valued at nearly 1.19 Bn in 2018. It is projected to reach more than 1.74 Trillion by the end of 2026, exhibiting a CAGR of 4.9% in the forecast period.

The report suggests that the governments of numerous countries have been creating awareness regarding the benefits and requirements of green energy in order to reduce the emission of carbon. This is anticipated to be one of the major drivers that is likely to increase the global Facilities Management Market sales. Also, small and big key market players have begun to invest huge sums of money in this industry. This will also put a positive impact on the global market.

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Key Players Analysis:

• Sodexo
• CBRE Group, Inc.
• ISS A/S
• Compass Group
• Aramark
• Jones Lang LaSalle Incorporated
• Cushman & Wakefield plc.
• Tenon Group
• Johnson Controls International plc.
• AMEC Facilities

The market is rapidly increasing its infrastructure sector across the globe. The facilities management industry has grown dramatically over the past 20 years, owing to the continuous growth in urbanization and industrialization. Facility management is defined as the means of providing maintenance support, user management and project management to increase the value of a building or infrastructure. The global facilities management services market is categorized into hard, soft and other services. Among these, hard services are correlated to the actual fabric and building systems. These types of services are considered to be traditional facility management services

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Facilities Management Market Market Segmentation:

By Service Type

• Hard Services
• Soft Services
• Other Services

By Industry

• Healthcare
• Government
• Education
• Military & Defense
• Real Estate
• Others (IT & Telecommunication, BFSI, etc.)

By Region

• North America (U.S. and Canada)
• Europe (U.K., Germany, France, and the Rest of Europe)
• Asia Pacific (Japan, China, India, Southeast Asia, and the Rest of Asia Pacific)
• Middle East & Africa (South Africa, GCC and the Rest of the Middle East & Africa)
• Latin America (Brazil, Mexico, and the Rest of Latin America)

As per the facility management market trends, the hard services typically include the services of decoration and refurbishment, life & escalator, fire safety maintenance, air conditioning maintenance, plumbing and drainage, machinery and plant maintenance services and many more. In addition to that, cleaning, security, recycling, ground maintenance, handyman services, waste disposal, pest control are the services that primarily fall under soft services. Furthermore, other services include services such as benchmarking, business risk assessment, pace planning, utility management, archiving, travel booking, postal services and many more

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Major Table of Contents:

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