PUBLISHER: The Business Research Company | PRODUCT CODE: 1712559
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712559
The services provided to buildings and dwellings encompass agencies that offer day-to-day property maintenance services. Extermination and pest control firms specialize in the eradication and control of various pests, including birds, mosquitoes, rodents, termites, and other insects.
The primary categories in the services to buildings and dwellings market include exterminating and pest control services, janitorial services, landscaping services, carpet and upholstery cleaning services, as well as other services related to buildings and dwellings. Extermination and pest control is a professional task that involves both prevention measures to keep insects out of structures and elimination efforts for those already present. These services can be accessed through online and offline channels and are applicable across commercial, industrial, governmental, institutional, residential, and municipal settings.
The services to building and dwellings market research report is one of a series of new reports from The Business Research Company that provides services to building and dwellings market statistics, including services to the building and dwellings industry global market size, regional shares, competitors with services to building and dwellings market share, detailed services to building and dwellings market segments, market trends and opportunities, and any further data you may need to thrive in the services to building and dwellings industry. This services to building and dwellings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The services to buildings and dwellings market size has grown rapidly in recent years. It will grow from $1098.66 billion in 2024 to $1209.31 billion in 2025 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to construction and real estate boom, urbanization, population growth, property ownership.
The services to buildings and dwellings market size is expected to see strong growth in the next few years. It will grow to $1740.63 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to sustainability and energy efficiency, technology integration, aging infrastructure, remote work and telecommuting. Major trends in the forecast period include smart building technologies, aging infrastructure and renovation, green building practices, property technology (proptech).
The growing population is expected to drive the expansion of the services to buildings and dwellings market. Population refers to the total number of individuals living in a specific geographic area or region at any given time, a demographic concept used to measure the size of a community, city, country, or other defined areas. As urban populations increase, there is a rising need for the maintenance, management, and improvement of residential and commercial properties to meet the demands of the growing population. For example, in January 2022, the United States Department of Commerce reported that the US population was 332,403,650, reflecting a 0.21% increase from 2021. As a result, population growth is driving the demand for services to buildings and dwellings.
The growing construction industry is expected to drive the expansion of the services to buildings and dwellings market. Construction involves the creation of structures such as homes, factories, highways, and bridges, and services to buildings and dwellings are crucial to this process, covering tasks like maintenance, repairs, and facility management. For example, in October 2023, the U.S. Census Bureau, a key agency within the United States Federal Statistics System, reported that construction expenditures in August 2023 were projected to reach $1,983.5 billion, reflecting a 0.5% (1.2%) increase over the revised July projection of $1,973.7 billion. Additionally, this amount is 7.4% (1.8%) higher than the August 2022 figure of $1,847.3 billion. As a result, the growing construction industry is fueling the growth of the services to buildings and dwellings market.
Leading companies in the services to buildings and dwellings market are developing innovative technologies, such as low-carbon heating systems, to provide heating while minimizing greenhouse gas emissions. A low-carbon heating system refers to technologies and methods that deliver heat with significantly reduced greenhouse gas emissions, primarily through the use of renewable energy sources and high-efficiency systems. For example, in January 2024, the UK government's Department for Levelling Up, Housing & Communities launched a consultation on decarbonizing residential, commercial, and public sector buildings. This initiative aims to establish new policies and regulations to improve energy efficiency and transition to low-carbon heating systems. The consultation seeks to set performance standards for new buildings, ensuring they meet high fabric standards and are zero-carbon ready. The proposed technical changes to building regulations focus on reducing carbon emissions and supporting the development of clean heat networks. The findings of this consultation will primarily impact house-builders and property developers.
Major associations in the services to buildings and dwellings market are driving technological innovations, such as AI-enabled suites. An AI-enabled suite refers to a collection of integrated software tools and applications that leverage artificial intelligence to enhance automation, decision-making, and performance across various tasks and processes. For example, in June 2022, Siemens AG, a Germany-based automation company, launched Building X, an innovative open AI-enabled suite aimed at facilitating the development of net-zero buildings. Building X offers a range of applications and digital services tailored for different stakeholder groups, all integrated on an AI-powered platform. The suite is modular and scalable, enabling seamless integration with existing building systems. Building X enables proactive management of building operations, resulting in reduced energy costs and improved sustainability outcomes.
Major companies operating in the services to buildings and dwellings market include ABM Industries Inc., Rentokil Initial PLC, BrightView Holdings Inc., Rollins Inc., ServiceMaster Company LLC, TruGreen Inc., Mitie Group PLC, Davey Tree Expert Company, Vonovia SE, Chemed Corp, Collins Building Services Inc., Jones Lang LaSalle Inc., Cushman & Wakefield PLC, CBRE Group Inc., Compass Group PLC, Sodexo SA, Aramark Corporation, Mitie Group PLC, International Service System World, G4S PLC, Allied Universal Security Services LLC., Ugl Engineering Private Limited, ATALIAN Global Services Inc., BGIS Global Integrated Solutions Canada LP, Bilfinger SE, Engie SA, Eurest Services, Facilitysource LLC, GDI Integrated Facility Services Inc., Johnson Controls International PLC, KBR Inc., OCS Group Limited, SNC-Lavalin Group Inc., Veolia Environnement SA, Waste Management Inc., Republic Services Inc., Waste Connections Inc., Advanced Disposal Services Inc., Casella Waste Systems Inc. .
North America was the largest region in the services to buildings and dwellings market in 2024. Asia-Pacific was the second-largest region in the services to buildings and dwellings market. The regions covered in the services to building and dwellings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the services to buildings and dwellings market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
The services to the building and dwellings market consist of revenues earned by entities by providing services such as landscaping services, pest control services, and other related services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Services to Buildings And Dwellings Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on services to buildings and dwellings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for services to buildings and dwellings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The services to buildings and dwellings market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.