The United Kingdom Facility Management (FM) Market size is expected to grow from USD 68.16 billion in 2023 to USD 73.97 billion by 2028, at a CAGR of 1.65% during the forecast period (2023-2028).
In terms of maturity and sophistication, the United Kingdom is one of Europe's most mature and sophisticated markets for facility management services. Given the increasing penetration of facility management services, providers are actively focusing on specialized services to obtain a foothold in the industry, which also saw many changes due to the region's macroeconomic and social changes.
The United Kingdom facility management market is fragmented as it is a highly competitive market with several players of different sizes. This market is expected to experience several mergers, acquisitions, and partnerships as companies continue to invest in strategically offsetting the present slowdowns they are experiencing.
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