Facility Management Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Facility Management Market was valued at USD 1129.39 billion in 2021 and is expected to reach USD 1505.26 billion in 2027, registering a CAGR of 4.66% over the forecast period (2022-2027).
Key HighlightsThe Facility Management Market is highly fragmented, with local and international players having decades of industry experience. The FM vendors are incorporating a powerful competitive strategy by leveraging their expertise. Also, they are spending a large chunk of the amount on advertising. The FM companies are incorporating technologies into their services, strengthening their service portfolio.
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