What is the global market size of Facility Management Market?

Facility Management Market size was valued at USD 43.5 billion in 2021 and is poised to grow from USD 54.05 billion in 2022 to USD 119.4 billion by 2030, growing at a CAGR of 11.8% in the forecast period (2023-2030).

What is the key driver of Global Facility Management Market?

Solutions that use the cloud provide a dependable way to host facilities management software. They improve security and collaboration across teams and subsidiaries present in various places, which helps firms lower operating costs. Secure hosting of sensitive data, enhanced security and scalability, and quick disaster recovery are some other benefits of cloud-based facilities management solutions. Because the backups are kept on a private cloud host platform, businesses may quickly retrieve important server data from them.

What is the key market trend for Global Facility Management Market?

Rise in Cloud Hosting: Currently, hosting facilities management software on the cloud is safe and secure. By fostering greater security and co-operation among teams and subsidiaries spread out over different regions, they also help businesses cut costs. Other benefits of cloud-based facilities management solutions include secure hosting of sensitive data, enhanced security and scalability, and quick disaster recovery.

Which region accounted for the largest share in Global Facility Management Market?

Owing to the inclusion of several organised and unorganised businesses in China and India, Asia Pacific is predicted to have the largest market presence. Additionally, established businesses are focusing on forging alliances with regional companies to expand their geographic reach and offer their services to end users. Additionally, the market in the nation is being impacted by the expanding use of novel technologies including business strategies and Internet of Things (IoT) evolutions. The facilities management industries in Qatar and Saudi Arabia are expanding significantly, and businesses must reinvent their products to maintain growth and profitability. However, the major sectors most likely to propel the market under study are the residential, commercial, industrial, and public infrastructure sectors.

Top Facility Management Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Facility Management Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Facility Management industry players.

Facility Management Market Competitive Landscape

The Facility Management Market is extremely fragmented, and both domestic and foreign competitors have extensive industry knowledge. By utilising their experience, FM vendors are implementing a potent competitive strategy. Additionally, a sizable portion of the money is going toward advertising. The technology that the FM firms are adopting into their offerings are strengthening their service offering.

Facility Management Market Top Player's Company Profiles

IBM Corporation
Oracle Corporation
SAP SE
Trimble, Inc.
Archibus, Inc.
Accruent LLC
CA Technologies
Planon Corporation
FM:Systems Group LLC
iOFFICE, Inc.
Autodesk, Inc.
Johnson Controls International PLC
JLL
CBRE Group, Inc.
ISS World Services A/S
Sodexo
Compass Group PLC
Aramark Corporation
G4S plc
Mitie Group plc

REPORT OVERVIEW BUY NOW

REQUEST FOR SAMPLE

Want to customize this report?

REQUEST FREE CUSTOMIZATION

FAQs

Global Facility Management Market size was valued at USD 60.43 Billion in 2024 and is poised to grow from USD 67.56 Billion in 2025 to USD 164.9 Billion by 2033, growing at a CAGR of 11.8% in the forecast period (2026–2033).

The competitive landscape of the global facility management industry is characterized by the presence of several multinational companies competing through service innovation, technology integration, and strategic partnerships. Leading players such as CBRE Group, ISS A/S, Sodexo, and JLL continue to expand their market presence by offering integrated facility management solutions that blend traditional services with advanced technologies like AI, IoT, and cloud-based platforms. 'ISS Group', 'CBRE Group, Inc.', 'Sodexo', 'Compass Group PLC', 'Aramark Corporation', 'Jones Lang LaSalle (JLL)', 'Cushman & Wakefield', 'Mitie Group plc', 'G4S Limited', 'EMCOR Group, Inc.', 'Serco Group plc', 'ABM Industries Inc.'

As urban infrastructure becomes more digitized, the demand for smart buildings that utilize IoT, AI, and real-time monitoring is increasing rapidly. Facility management providers are leveraging these technologies to deliver predictive maintenance, remote monitoring, energy optimization, and automated service responses. Smart sensors, connected lighting, HVAC systems, and security solutions allow for efficient resource utilization and minimal downtime, making facility management a strategic function rather than just operational support.

Shift Toward Integrated Facility Management (IFM): Organizations are increasingly favoring integrated facility management models that consolidate various services such as cleaning, maintenance, energy management, and security under one provider. This approach reduces complexity, improves coordination across departments, and ensures consistent service standards. IFM also supports data centralization, which enhances performance tracking and strategic decision-making. As companies strive for streamlined operations and cost efficiency, the demand for comprehensive IFM contracts is steadily rising.

How is the Facility Management Market Evolving in North America?

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Luca Giovannini, Marketing Innovation Senior Manager, Trelleborg.

Top Facility Management Companies

Facility Management Market Competitive Landscape

FAQs

What is the global market size of Facility Management Market?

Who are the key vendors in the Facility Management Market?

What is the key driver of Facility Management Market?

What is the key market trend for Facility Management Market?

Which region accounted for the largest share in Facility Management Market?

Request Free Customization