Facility Management Services Market is Projected to Reach $1,422.6 Billion by 2027 | Arthur McKay & Co Ltd., BVG India Ltd, CBRE Group, Inc. EMCOR Group, Inc.

The facility management services market has witnessed significant growth over the past decade, owing to rise in investment in various industrial verticals such as construction, infrastructure, industrial, and others. A number of players are expanding their business around the globe, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach. This is anticipated to fuel the demand for the facility management services.

According to a new report published by Allied Market Research, titled, “Facility Management Services Market by Service Type, Type, and End User: Opportunity Analysis and Industry Forecast, 2020–2027,” the global facility management services market was valued at $954.1 billion in 2019, and is projected to reach $1,422.5 billion by 2027, registering a CAGR of 6.6% from 2020 to 2027.

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Facility Management Services Market by Service Type, (Property, Cleaning, Security, Catering, and Others), Type (Outsourced and In-House), and End User (Commercial, Institutional, Public/Infrastructure, Industrial, and Others)

The factors such as increase in industrialization and urbanization, surge in residential and non-residential construction, and rise in awareness toward the protection of assets drive the growth of the facility management services market.

Competition Analysis

The key market players profiled in the facility management services market report include Arthur McKay & Co Ltd., BVG India Ltd, CBRE Group, Inc. EMCOR Group, Inc., ISS World Services A/S, Knight Facilities Management, Quess Corp Ltd, Sodexo, Inc., Spotless Group Holdings Limited, and Tenon Group.

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Key Benefits For Stakeholders

The report provides an extensive analysis of the current and emerging facility management services market trends and dynamics.

In-depth market analysis is conducted by constructing estimations for the key segments between 2019 and 2027.

Extensive analysis of the facility management services market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global facility management services market forecast analysis from 2020 to 2027 is included in the report.

The key market players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the facility management services industry.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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