United Kingdom Facility Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The UK facility management market is expected to register a CAGR above 4.5% during the forecast period, 2022-2027. The United Kingdom is one of the largest markets for facility management services in Europe in terms of maturity and sophistication. Given the high penetration of facility management services, several service vendors operating in the country have been focused on expanding their presence to leverage the growing demand for facility management, especially with the recent trend favoring the outsourcing of non-core operations.
Key HighlightsThe United Kingdom Facility Management is highly fragmented as it is a highly competitive market with the presence of several players of different sizes. This market is expected to experience a number of mergers, acquisitions, and partnerships as companies continue to invest in offsetting the present slowdowns that they are experiencing strategically.
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