Facility Management Market

The Facility Management market encompasses a range of hard and soft services for maintaining buildings and infrastructure, available through in-house or outsourced models. Key customers include retail, commercial, industrial, manufacturing, and governmental organizations. The market's growth is primarily driven by significant government investment in infrastructure, a rising global demand for large-scale procurement contracts, and a trend of end-users upgrading to integrated facility management (IFM) solutions.

CAGR

17.5%

Compound Annual Growth Rate

Current Value

$69.5B

Estimated 2026

Projected Value

$252.7B

By 2034

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