Global Facility Management Market Growth, Size, Trends Analysis - By Type, By Service, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Facility Management Market Introduction and Overview

According to SPER market research, 'Global Facility Management Market Size- By Type, By Service, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Facility Management Market is predicted to reach 4.67 trillion by 2034 with a CAGR of 10.25%.

The tools and services used to guarantee the sustainability, safety, and operation of buildings, grounds, infrastructure, and real estate are referred to as facilities management. Hard facilities management (hard FM) and soft facilities management are the two types. Hard FM is concerned with physical assets like as piping, wiring, lifts, and heating and cooling. Soft FM focusses on human-performed duties such custodial services, lease accounting, catering, security, and groundskeeping.

Restraints: There is a rise in the use of facility management solutions, but many organizations lack the technical skills needed to manage them. Facility management is not recognized as a profession, leading to a shortage of qualified professionals. Additionally, there is a lack of technological skills at the management level for handling complex solutions in large organizations. While efforts are being made to train employees, it will take years to build the necessary expertise, which may hinder the growth of the global facility management market.

Scope of the report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Type, By Service, By Application

Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered

Aramark Corporation, CBRE Group, Compass Group PLC, Cushman and Wakefield, EMCOR Group, G4S Plc, ISS Facility Services, Jones Lang LaSalle Inc, SODEXO, Veolia Environment.

Global Facility Management Market Segmentation:

By Type: Based on the Type, Global Facility Management Market is segmented as; Outsourced, In-house.

By Service: Based on the Service, Global Facility Management Market is segmented as; Hard service, Soft service, Management service.

By Application: Based on the Application, Global Facility Management Market is segmented as; Government & public sector, Industrial, Commercial, Education, Transportation, Healthcare, Others.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Product Code: IACT2599

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Facility Management Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Facility Management Market

7. Global Facility Management Market, By Type (USD Million) 2021-2034

7.1. Outsourced
7.2. In-house

8. Global Facility Management Market, By Service (USD Million) 2021-2034

8.1. Hard service
- 8.1.1. Electrical
- 8.1.2. Civil
- 8.1.3. Mechanical
- 8.1.4. Specialized services
- 8.1.5. Other hard services
8.2. Soft service
- 8.2.1. Cleaning
- 8.2.2. Laundry
- 8.2.3. Landscaping
- 8.2.4. Security
- 8.2.5. Other soft services
8.3. Management service
- 8.3.1. Contract management
- 8.3.2. Energy & utilities
- 8.3.3. Maintenance planning & control
- 8.3.4. Other management services

9. Global Facility Management Market, By Application (USD Million) 2021-2034

9.1. Government & public sector
9.2. Industrial
9.3. Commercial
9.4. Education
9.5. Transportation
9.6. Healthcare
9.7. Others

10. Global Facility Management Market, (USD Million) 2021-2034

10.1. Global Facility Management Market Size and Market Share

11. Global Facility Management Market, By Region, (USD Million) 2021-2034

11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America

12. Company Profile

12.1. Aramark Corporation
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
12.2. CBRE Group
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
12.3. Compass Group PLC
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
12.4. Cushman and Wakefield
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
12.5. EMCOR Group
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
12.6. G4S Plc
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
12.7. ISS Facility Services
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
12.8. Jones Lang LaSalle Inc
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
12.9. SODEXO
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
12.10. Veolia Environment
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
12.11. Others