Top 10 Companies in the Global Facility Management Market

CBRE Group, Inc., Compass Group, Jones Lang LaSalle Inc., Dusters Total Solutions Services Pvt. Ltd, BVG India Limited, ISS Facility Services India Pvt. Ltd., Cushman & Wakefield, Inc., Sodexo, Mace Group, and Flexim Group SA, among others, are the major players in the global facility management market. 

The global facility management market is expected to grow at a CAGR of about 3.6% in the forecast period of 2023-2028. As per the analysis by Expert Market Research, the market growth is expected to be driven by the increasing focus of organisations on changing workplace design and culture for optimisation and energy efficiency improvements.

The market growth is also driven by the increasing investment plans of the government of various countries for infrastructural development. The governmental bodies are focusing on the development of smart buildings that has a network implemented to connect CCTV cameras, lighting, and HVAC systems, among other components. These smart buildings will enhance the market demand due to management services required for cleaning and maintenance.

The market is following a shift in trend as multiple industries implement an integrated facility management service model rather than having a single outsourcing service model. Larger corporations are implementing dramatic changes in their workplace design and work culture with an increased focus on optimising various processes and improvements for energy efficiency.

The market is growing rapidly with the growing demand for cloud-based facility management systems as they help in reducing expenses while improving security and cooperation among teams across the company. Cloud-based platforms provide increased scalability and the ability to quickly retrieve data in case of any unforeseen situation. It also enables the data to be accessed anywhere with the availability of a reliable internet connection.

However, facility management service providers face a major problem in implementing technological advancements due to the requirement of high initial investment for facility services. The lack of awareness among businesses about the advantages of facility management services can limit the scope of development for the market.

Additionally, market development is also hindered by the lack of knowledge among operators about how to properly utilise the technology implemented. This case is especially strong in developing countries in developing regions such as Africa, Latin America, and several countries in the Asia Pacific.

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Top 10 Global Facility Management Companies:

CBRE Group, Inc.

CBRE (Coldwell Banker Richard Ellis) Group is one of the largest commercial real estate and investment firms in the world. The company specialises in the field of commercial real estate services, consulting services, retail services, asset services, valuation and advisory, project management, and facility management, among other services. CBRE Group recently acquired E2C Technology, an Artificial Intelligence/ Machine Learning data-driven company. This acquisition will enable the company to enhance its facilities management services. The company has recently made an investment of USD 100 million in VTS, a leading proptech company, to form a partnership for the launch of the VTS platform which will comprise unique enhancements and integrations for their leasing and property management teams.

Compass Group

Compass Group plc is a multinational company based in the United Kingdom. The company has been active in the food and beverage and support services sector. The company operates in five different business sectors including healthcare and seniors, education, business and industry, defence, offshore and remote, sports and leisure. It provides a wide range of innovative dining solutions in 40 countries around the world. Compass Group has developed while providing its services for more than 75 years.

Jones Lang LaSalle Inc.

Jones Lang LaSalle Inc. is a global commercial real estate services company. The company is involved in buying, building, occupying, and investing in a variety of real estate assets. The company operates in 80 countries, offering its services in various business sectors such as banking, healthcare, manufacturing, energy, technology, and life sciences. The company has managed 4.6B square feet of property and facility management.

Dusters Total Solutions Services Pvt. Ltd

Dusters Total Solutions Services Pvt. Ltd is one of India’s largest facility management service companies. They offer their services in more than 20 states, managing over 300 million square feet of more than 800 clients. The company has been active for more than 20 more. DTSS specialises in soft services, engineering services, pest control, health and patient care, industrial cleaning services, hospitality services, and home services.

BVG India Limited

BVG India Limited is a facility management service providing company specializing in mechanical housekeeping, life sciences, electrical infrastructure projects, waste management, landscaping, and integrated services, among multiple other fields. Their integrated facility management services are offered to over 1100 sites.

ISS Facility Services India Pvt. Ltd.

ISS Facility Services India is a facility management service company which is a part of the ISS Group, one of the world’s largest facility management companies. The company holds a wide service portfolio including cleaning, food, security, workplace improvement, manufacturing, healthcare, and capital projects, among others. Their partnerships allow them to encourage mutual growth while accelerating the workplace and offering a range of smart solutions.

Cushman & Wakefield, Inc.

Cushman and Wakefield, Inc is one of the largest global real estate services companies with offices in 60 countries. The company has been actively operating and providing services for facility and project management, leasing, capital workers, and asset services, among others for over 100 years. They are engaged in providing services in various industrial sectors such as automotive, data centres, retail, logistics, education, financial services, food and beverage.

Sodexo

Sodexo is a French food service and facilities management company, with its operations expanding to 55 countries. They specialise in various fields including food services, facilities management services, benefits and rewards services, personal and home services, The company has been a global leader in facility management by combining soft facility management and hard facility management. With a wide array of services including technical service management, project management, and waste management, among many other services.

Mace Group

Mace Group Ltd, is a global leader in consultancy, construction, development, and operation. The company is engaged in implementing systems to improve supply chain management. They provide management services to workplaces, residential sites, and universities. Additionally, they also provide organisations with programme management, project management, cost consultancy, and construction delivery services.

Flexim Group SA

Flexim is an international facilities service company, active for more than 20 years, offering their service in 17 different countries with 21 offices. They also specialize in other services such as technical facility management, hospitality services, logistic services, project and real estate.