Hard Facility Management Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The HFM Market is expected to record a CAGR of 4.22% over the next five years. The need for HFM services is rising as industrialization and development are occurring around the globe. Additionally, there is a greater need for these services due to the expansion of corporate offices, shopping centers, and retail establishments.
Key HighlightsThe HFM market is highly fragmented, with local and international players having decades of industry experience. The HFM vendors are incorporating a powerful competitive strategy by leveraging their expertise. HFM companies are incorporating technologies into their services, strengthening their service portfolio. The major players are CB Richard Ellis (CBRE), Sodexo Facilities Management Services, Jones Lang LaSalle Incorporated, Johnson Controls International plc., and Cushman & Wakefield.
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