Facility Management Market Projected to Reach US$ 206.1 Billion by 2034, With a CAGR of 13.9% πΌππ
In the dynamic landscape of commercial and residential real estate, the Facility Management Market stands as a linchpin of efficiency, sustainability, and safety in the built environment. From office buildings to shopping malls, facility management services encompass a wide range of activities aimed at optimizing the functionality and performance of physical assets. Facility management market accounted for US$ 55.9 billion in 2024 and is estimated to be US$ 206.1 billion by 2034 and is anticipated to register a CAGR of 13.9%. The Report "Facility Management Market, by Solutions (Integrated Workplace Management System, Building Information Modeling, Facility Operations and Security Management, Facility Environment Management, and Facility Property Management), by Service (Deployment and Integration, Consulting, Auditing and Quality Assessment, Support and Maintenance, SLA (Service Providers Need) Management), by Deployment Type (On-Premises and Cloud), by Organization Size (Sm