The Asia Pacific Facility Management Market size is expected to grow from USD 515.32 billion in 2023 to USD 670.95 billion by 2028, at a CAGR of 5.42% during the forecast period (2023-2028).
Given the growth in commercial building services throughout the projected period, contract globalization and services integration are predicted to promote growth in the FM industry, particularly the commercial building sector. The Asia Pacific market is expected to experience rapid growth.
The Asia Pacific Facility Management Market is highly competitive with diverse firms of different sizes. As businesses continue to make strategic investments to counteract the current slowdowns they are experiencing, it is projected that this sector will see a number of partnerships, mergers, and acquisitions. The customers in this area use FM services to make running their businesses easier. Important providers of solutions and services, like Group Italian, Aeon Delight Co Ltd (Aeon Co Ltd), Broadspectrum, Aden Group and CBRE, are present in the market.
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