Global Facilities Management Strategic Market Report 2022: Market to Reach $2.7 Trillion by 2027 - Automation and Data Analysis is Vital for the Next Generation FM Market

Dublin, Feb. 16, 2023 (GLOBE NEWSWIRE) -- The "Facilities Management: Global Strategic Business Report" report has been added to's offering.

Global Facilities Management Market to Reach $2.7 Trillion by 2027

In the changed post COVID-19 business landscape, the global market for Facilities Management estimated at US$1.5 Trillion in the year 2020, is projected to reach a revised size of US$2.7 Trillion by 2027, growing at a CAGR of 8.9% over the analysis period 2020-2027.

Cloud, one of the segments analyzed in the report, is projected to record 9.6% CAGR and reach US$1.8 Trillion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 7.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $429.9 Billion, While China is Forecast to Grow at 8.4% CAGR

The Facilities Management market in the U.S. is estimated at US$429.9 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$467.4 Billion by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.4% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.

Key Metrics

Report AttributeDetails
No. of Pages312
Forecast Period2020 - 2027
Estimated Market Value (USD) in 2020$1.5 Trillion
Forecasted Market Value (USD) by 2027$2.7 Trillion
Compound Annual Growth Rate8.8%
Regions CoveredGlobal

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:


  • Influencer Market Insights
  • World Market Trajectories
  • Facilities Management - Supporting Core Activities of Businesses
  • Recent Market Activity
  • Changing Work Culture in Modern Businesses Enhances Need for Efficient Facilities Management
  • Facilities Management Market Positioned for Stable Growth
  • Notable Trends in the Global FM Market - In a Nutshell
  • Demand for FM Services Continues to Grow at a Strong Rate
  • Developed Regions Lead, Emerging Economies Spearhead Future Growth
  • Facilities Management - Global Key Competitors Percentage Market Share in 2022 (E)
  • Positive Global Economy Buoys General Market Optimism
  • Recovery in Construction Activity Worldwide Offer Bright Prospects for FM Market
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)


  • Cost Reduction - The Prime Driver
  • Efficiency Enhancements - The Road to Success
  • Changing Workplace Conditions Influence FM Market
  • Facility Managers Focus on Specifically Designed Office Spaces As Remote Learning/Working Becomes the Norm
  • IFM Services Spurs Demand for Multi-Service Providers
  • Real Estate Sector and Residential Sectors to Benefit from Facility Management Services
  • Venturing into New Verticals - A Competitive Strategy
  • Technology Makes In-Roads into FM Space
  • Technology to Continue Playing a Prominent Role in Outsourced FM Services
  • Cloud Computing to Drive Adoption of FM Software
  • Automation and Data Analysis - Vital for Next Generation FM Market
  • IoT - Rising Prominence in Improving Efficiency of FM Services
  • Big Data & Analytics - Enabling Smart Decision Making Process
  • Technology Trends Driving Innovation in Facilities Management
  • Rising Significance of Technology in Retail Facilities Management
  • Technological Sustainability - An Important Trend in FM Market
  • Increasing Reliance on Automation
  • Data Security Gains Importance
  • Workforce Integration and Total FM (TFM) Contracts
  • Sustainable Building Practices Spur Growth
  • Contract Cleaning: A Stable & Growing Market
  • Commercial Sector Leads Contract Cleaning Services Market
  • Catering Services Market - Outsourcing Gains Prominence
  • Healthcare Facilities Management Market - Promising Growth in Store
  • Regulatory Compliance Needs Present Opportunities for FM Service Providers
  • Challenges in Store
  • Migration to FM: Not So Easy As it Seems!
  • Facility Managers Themselves Pose a Risk
  • Managing the Built Environment: Companies Doing It the Wrong Way!
  • Market Maturity

FOCUS ON SELECT PLAYERS (Total 276 Featured)

  • ABM Industries Inc.
  • Amey Plc
  • Aramark Corporation
  • Bellrock Limited
  • Bilfinger Europa
  • Bouygues Energies & Services
  • CBRE Group Inc.
  • Compass Group Plc
  • Cushman & Wakefield
  • Elior UK
  • EMCOR Group Inc.
  • ENGIE Services Inc.
  • Etisalat Facilities Management L.L.C
  • Fluor Corporation
  • Globe Williams International
  • Interserve Plc
  • ISS UK
  • Kier Group plc
  • MITIE plc
  • Turner Facilities Management Ltd.
  • VINCI Facilities

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Global Market for Facilities Management

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