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Hard services account for a significant share of the market. Hard services ensure the integrity of the infrastructure by providing electrical and mechanical services, plumbing and carpentry, and asset management services.
In addition, hard services ensure the safety of residents and are mandated by various law enforcement authorities, which can contribute to the facility management services market development. Moreover, these services help a commercial or government facility efficiently manage its expenses and reduce its operations and maintenance costs.
Facility Management Services Market Size
Facility Management Services Market Growth
Facility Management Services Market Trends
Facility Management Services Market Share
Facility Management Services Companies
Facility Management Services Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of nearly USD 1453.1 billion in 2023.
The market is estimated to grow at a CAGR of 5.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 2413.6 billion by 2032.
The surge in the development of commercial and government infrastructure, the increasing adoption of cloud-based facility management solutions by end users, and growing safety concerns across offices and commercial spaces are the major drivers of the market.
The key trends in the market include the growing collaborations between leading market players to develop ground-breaking smart integrated facility management solutions and the integration of facility management services with advanced technologies, such as IoT, 5G, digital twin, and data analytics, among others.
Soft services, hard services, and management services, among others, are the different services considered in the market report.
In-house and outsourced are the major types of facility management services covered in the market report.
CBRE, Inc., Compass Group PLC, Jones Lang LaSalle (JLL), Dusters Total Solutions Services Private Limited, BVG India Limited, FMS pbc, Facility Services Management, Inc., ISS A/S, Cushman & Wakefield, Inc., Sodexo, Mace Group I.C.S Limited, and Flexim Group SA, among others, are the key facility management services market players.
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Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124