Facility Management Services Market Size, Share, Growth Report 2032

Facility Management Services Market: Size

The global Facility Management Services market size was worth around USD 55.17 billion in 2023 and is predicted to grow to around USD 175.21 billion by 2032 with a compound annual growth rate (CAGR) of roughly 13.7% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Facility Management Services market on a global and regional level.

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Facility Management Services Market: Overview

Facility management service ensures the most efficient delivery of services to organizations. As per the definition of ISO, facility management is the organizational function that incorporates place, process, and people within the environment with the purpose of refining the quality of life of people along with the productivity of the core business. It involves different types of management services, such as management of the facility’s space and infrastructure and operations, which involves organization and people. The management of space and infrastructure includes all the aspects beginning from the design planning and facility’s construction to its maintenance. The management of people and infrastructure mainly focuses on personal factors, such as work psychology and ease of work, adaptability of all the occupants, etc. 

The increasing demand for integrated facility management owing to the growing awareness regarding the benefits associated with the adoption of integrated facility management is expected to boost the growth of the global facility management services market over the forecast time period. Furthermore, the rising concerns regarding corporate social responsibility due to various legislative requirements to decrease ecological footprint is further expected to drive the facility management services market in the upcoming years globally.

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Facility Management Services Market: Segmentation

The report also includes a decisive view of the facility management services market based on facility management services, solution, service, deployment mode, organization facility management, vertical, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on facility management type, the facility management services market includes in-house, outsourced, and integrated.

By solution, the market includes integrated workplace management system, building information modeling, facility operations, and security management, facility environment management, and lease accounting and real estate management.

By service, the market includes consulting, auditing and quality assessment, support and maintenance, and service level agreement management.

By deployment mode, the market is bifurcated into on-premises and cloud-based.

By organization, facility management type, the market includes large enterprises and small and medium enterprises.

By vertical, the facility management services market includes IT and telecom, healthcare, retail, manufacturing, construction and real estate, banking, financial services, and insurance (BFSI), government and public administration, and others.

Facility Management Services Market: Report Scope

Facility Management Services Market: Regional Analysis

The regional segment includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

By region, Asia Pacific held a major share of the global facility management services market in 2018 and the region is expected to show the fastest CAGR over the forecast time period as well. This regional growth can be attributed to the rising industrialization and outsourcing of MNC operations to emerging economies like China and India. The North American facility management services market accounted for a substantial revenue share in 2018 globally.

Facility Management Services Market: Competitive Players

Some key players operating in the global facility management services market include:

• Accruent
• Apleona HSG GmbH
• ARCHIBUS Inc.
• Archidata Inc.
• Autodesk Inc.
• CA Technologies
• FM Systems
• IBM
• iOFFICE
• ISS
• JadeTrack Inc.
• NEMETSCHEK INC.
• OfficeSpace Service Inc.
• ONE FM
• Oracle
• Planon
• SAP SE
• SatNav Technologies
• Sodexo
• Trimble Inc.
• Trivalor

This report segments the global facility management services market into:

Global Facility Management Services Market: Facility Management Services Analysis

• In-House
• Outsourced
• Integrated

Global Facility Management Services Market: Solution Analysis

• Integrated Workplace Management System
• Building Information Modeling
• Facility Operations and Security Management
  • Lighting Control
  • HVAC Control
  • Video Surveillance and Access Control
  • Emergency and Incident Management
• Facility Environment Management
  • Sustainability Management
  • Waste Management
  • Facility Property Management
• Lease Accounting and Real Estate Management
  • Asset Maintenance Management
  • Relocation Management
  • Reservation Management

Global Facility Management Services Market: Service Analysis

• Consulting
• Auditing and Quality Assessment
• Support and Maintenance
• Service Level Agreement Management

Global Facility Management Services Market: Deployment Mode Analysis

• Cloud-Based
• On-Premises

Global Facility Management Services Market: Organization Facility Management Type Analysis

• Small and Medium Enterprises
• Large Enterprises

Global Facility Management Services Market: Vertical Analysis

• IT and Telecom
• Healthcare
• Retail
• Manufacturing
• Construction and Real Estate
• Banking, Financial Services, and Insurance (BFSI)
• Government and Public Administration
• Others

Global Facility Management Services Market: Regional Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa