Facilities Management Market Size 2025-2029
The facilities management market size is forecast to increase by USD 722 billion, at a CAGR of 8.6% between 2024 and 2029.
- The market is experiencing significant growth, driven by the increasing adoption of cloud-based solutions and the advent of the Internet of Things (IoT) technology. Cloud-based facilities management systems offer numerous benefits, including cost savings, scalability, and real-time data access, making them an attractive option for businesses seeking to optimize their operations. The IoT, on the other hand, is revolutionizing facilities management by enabling smart buildings and predictive maintenance, leading to improved efficiency and reduced downtime. However, the market also faces challenges, including rising budgetary constraints. With limited resources, organizations must prioritize their investments carefully and focus on solutions that offer the greatest return.
- Additionally, ensuring data security and privacy in cloud-based systems and integrating disparate IoT devices remain significant hurdles. To capitalize on the opportunities presented by these trends while navigating the challenges, companies must stay informed of emerging technologies and best practices in facilities management. By doing so, they can make informed decisions and effectively allocate resources to drive operational excellence and business growth.
What will be the Size of the Facilities Management Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Service
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ billion)
- Data Table on Global - Market size and forecast 2024-2029 ($ billion)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global Facilities Management Market 2019 - 2023
- Historic Market Size - Data Table on Global Facilities Management Market 2019 - 2023 ($ billion)
- 5.2 Service segment analysis 2019 - 2023
- Historic Market Size - Service Segment 2019 - 2023 ($ billion)
- 5.3 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ billion)
- 5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ billion)
- 5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
- 6.1 Impact of AI on the Global Facilities Management Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Service
- 8.1 Market segments
- Chart on Service - Market share 2024-2029 (%)
- Data Table on Service - Market share 2024-2029 (%)
- 8.2 Comparison by Service
- Chart on Comparison by Service
- Data Table on Comparison by Service
- 8.3 Soft services - Market size and forecast 2024-2029
- Chart on Soft services - Market size and forecast 2024-2029 ($ billion)
- Data Table on Soft services - Market size and forecast 2024-2029 ($ billion)
- Chart on Soft services - Year-over-year growth 2024-2029 (%)
- Data Table on Soft services - Year-over-year growth 2024-2029 (%)
- 8.4 Hard services - Market size and forecast 2024-2029
- Chart on Hard services - Market size and forecast 2024-2029 ($ billion)
- Data Table on Hard services - Market size and forecast 2024-2029 ($ billion)
- Chart on Hard services - Year-over-year growth 2024-2029 (%)
- Data Table on Hard services - Year-over-year growth 2024-2029 (%)
- 8.5 Market opportunity by Service
- Market opportunity by Service ($ billion)
- Data Table on Market opportunity by Service ($ billion)
9 Market Segmentation by End-user
- 9.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 9.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 9.3 Commercial - Market size and forecast 2024-2029
- Chart on Commercial - Market size and forecast 2024-2029 ($ billion)
- Data Table on Commercial - Market size and forecast 2024-2029 ($ billion)
- Chart on Commercial - Year-over-year growth 2024-2029 (%)
- Data Table on Commercial - Year-over-year growth 2024-2029 (%)
- 9.4 Government - Market size and forecast 2024-2029
- Chart on Government - Market size and forecast 2024-2029 ($ billion)
- Data Table on Government - Market size and forecast 2024-2029 ($ billion)
- Chart on Government - Year-over-year growth 2024-2029 (%)
- Data Table on Government - Year-over-year growth 2024-2029 (%)
- 9.5 Residential - Market size and forecast 2024-2029
- Chart on Residential - Market size and forecast 2024-2029 ($ billion)
- Data Table on Residential - Market size and forecast 2024-2029 ($ billion)
- Chart on Residential - Year-over-year growth 2024-2029 (%)
- Data Table on Residential - Year-over-year growth 2024-2029 (%)
- 9.6 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)
10 Market Segmentation by Solution
- 10.1 Market segments
- Chart on Solution - Market share (2024-2029) (%)
- Data Table on Solution - Market share (2024-2029) (%)
- 10.2 Comparison by Solution
- Chart on Comparison by Solution
- Data Table on Comparison by Solution
- 10.3 Integrated workplace management system - Market size and forecast (2024-2029)
- Chart on Integrated workplace management system - Market size and forecast (2024-2029) ($ million)
- Data Table on Integrated workplace management system - Market size and forecast (2024-2029) ($ million)
- Chart on Integrated workplace management system - Year-over-year growth (2024-2029) (%)
- Data Table on Integrated workplace management system - Year-over-year growth (2024-2029) (%)
- 10.4 Building information modeling - Market size and forecast (2024-2029)
- Chart on Building information modeling - Market size and forecast (2024-2029) ($ million)
- Data Table on Building information modeling - Market size and forecast (2024-2029) ($ million)
- Chart on Building information modeling - Year-over-year growth (2024-2029) (%)
- Data Table on Building information modeling - Year-over-year growth (2024-2029) (%)
- 10.5 Facility operations & security management - Market size and forecast (2024-2029)
- Chart on Facility operations & security management - Market size and forecast (2024-2029) ($ million)
- Data Table on Facility operations & security management - Market size and forecast (2024-2029) ($ million)
- Chart on Facility operations & security management - Year-over-year growth (2024-2029) (%)
- Data Table on Facility operations & security management - Year-over-year growth (2024-2029) (%)
- 10.6 Facility environment management - Market size and forecast (2024-2029)
- Chart on Facility environment management - Market size and forecast (2024-2029) ($ million)
- Data Table on Facility environment management - Market size and forecast (2024-2029) ($ million)
- Chart on Facility environment management - Year-over-year growth (2024-2029) (%)
- Data Table on Facility environment management - Year-over-year growth (2024-2029) (%)
- 10.7 Facility property management - Market size and forecast (2024-2029)
- Chart on Facility property management - Market size and forecast (2024-2029) ($ million)
- Data Table on Facility property management - Market size and forecast (2024-2029) ($ million)
- Chart on Facility property management - Year-over-year growth (2024-2029) (%)
- Data Table on Facility property management - Year-over-year growth (2024-2029) (%)
- 10.8 Market opportunity by Solution
- Market opportunity by $segment_name ($ million)
- Data Table on Market opportunity by $segment_name ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 12.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ billion)
- Data Table on North America - Market size and forecast 2024-2029 ($ billion)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 12.4 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ billion)
- Data Table on APAC - Market size and forecast 2024-2029 ($ billion)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 12.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ billion)
- Data Table on Europe - Market size and forecast 2024-2029 ($ billion)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 12.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ billion)
- Data Table on South America - Market size and forecast 2024-2029 ($ billion)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 12.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 12.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ billion)
- Data Table on US - Market size and forecast 2024-2029 ($ billion)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 12.9 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ billion)
- Data Table on China - Market size and forecast 2024-2029 ($ billion)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 12.10 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ billion)
- Data Table on India - Market size and forecast 2024-2029 ($ billion)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 12.11 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ billion)
- Data Table on Germany - Market size and forecast 2024-2029 ($ billion)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 12.12 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ billion)
- Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 12.13 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ billion)
- Data Table on France - Market size and forecast 2024-2029 ($ billion)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 12.14 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ billion)
- Data Table on Japan - Market size and forecast 2024-2029 ($ billion)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 12.15 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ billion)
- Data Table on UK - Market size and forecast 2024-2029 ($ billion)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 12.16 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ billion)
- Data Table on Italy - Market size and forecast 2024-2029 ($ billion)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 12.17 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ billion)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ billion)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)
- 12.18 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
13 Drivers, Challenges, and Opportunity/Restraints
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 13.4 Market opportunities/restraints
14 Competitive Landscape
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.2 Market positioning of companies
- Matrix on companies position and classification
- 15.3 ABM Industries Inc.
- ABM Industries Inc. - Overview
- ABM Industries Inc. - Product / Service
- ABM Industries Inc. - Key offerings
- 15.4 Aramark
- Aramark - Overview
- Aramark - Product / Service
- Aramark - Key offerings
- 15.5 CBRE Group Inc.
- CBRE Group Inc. - Overview
- CBRE Group Inc. - Product / Service
- CBRE Group Inc. - Key offerings
- 15.6 Compass Group PLC
- Compass Group PLC - Overview
- Compass Group PLC - Product / Service
- Compass Group PLC - Key offerings
- 15.7 Coor Service Management Holding AB
- Coor Service Management Holding AB - Overview
- Coor Service Management Holding AB - Product / Service
- Coor Service Management Holding AB - Key offerings
- 15.8 Cushman and Wakefield Plc
- Cushman and Wakefield Plc - Overview
- Cushman and Wakefield Plc - Product / Service
- Cushman and Wakefield Plc - Key offerings
- 15.9 Dussmann Group
- Dussmann Group - Overview
- Dussmann Group - Product / Service
- Dussmann Group - Key offerings
- 15.10 EMCOR Group Inc.
- EMCOR Group Inc. - Overview
- EMCOR Group Inc. - Product / Service
- EMCOR Group Inc. - Key offerings
- 15.11 G4S plc
- G4S plc - Overview
- G4S plc - Product / Service
- G4S plc - Key offerings
- 15.12 ISS AS
- ISS AS - Overview
- ISS AS - Product / Service
- ISS AS - Key offerings
- 15.13 Johnson Controls International Plc
- Johnson Controls International Plc - Overview
- Johnson Controls International Plc - Product / Service
- Johnson Controls International Plc - Key offerings
- 15.14 Jones Lang LaSalle Inc.
- Jones Lang LaSalle Inc. - Overview
- Jones Lang LaSalle Inc. - Product / Service
- Jones Lang LaSalle Inc. - Key offerings
- 15.15 Mitie Group Plc
- Mitie Group Plc - Overview
- Mitie Group Plc - Product / Service
- Mitie Group Plc - Key offerings
- 15.16 OCS Group International Ltd.
- OCS Group International Ltd. - Overview
- OCS Group International Ltd. - Product / Service
- OCS Group International Ltd. - Key offerings
- 15.17 Quess Corp. Ltd
- Quess Corp. Ltd - Overview
- Quess Corp. Ltd - Product / Service
- Quess Corp. Ltd - Key offerings
- 15.18 Securitas AG
- Securitas AG - Overview
- Securitas AG - Product / Service
- Securitas AG - Key offerings
- 15.19 Serco Group Plc
- Serco Group Plc - Overview
- Serco Group Plc - Product / Service
- Serco Group Plc - Key offerings
- 15.20 Sodexo SA
- Sodexo SA - Overview
- Sodexo SA - Product / Service
- Sodexo SA - Key offerings
- 15.21 Tenon Group
- Tenon Group - Overview
- Tenon Group - Product / Service
- Tenon Group - Key offerings
- 15.22 The Brinks Co.
- The Brinks Co. - Overview
- The Brinks Co. - Product / Service
- The Brinks Co. - Key offerings
- 15.23 Veolia Environment
- Veolia Environment - Overview
- Veolia Environment - Product / Service
- Veolia Environment - Key offerings
16 Appendix
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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