Facility Management Market Size Forecast to Reach $52.9 Billion by 2026
Global Facility Management Market is estimated to reach $52.9 billion by 2026, forecast to grow at a CAGR of 9.1% during 2021-2026. Increasing penetration of outsourced facility management services has increased significantly on a global scale over the last two decades. Nowadays customers expect their facility management service provider to have wide knowledge of the corporate mission, and the competency to address the customer’s specific needs, which is expected to drive the market in the long term. Facility management providers are expanding with their expansion of the facility management outsourcing market. The facility management providers are majorly focusing on finding new and innovative ways to make facility assets and services not only relevant but also critical to enhance the customer’s experience, business administration, occupation physiology, and enabling their core business. Property management service offers with property owner’s short, including long term fin...