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FAQ's

Answer : According to Precedence Research, the global facility management market size was reached at US$ 1.26 trillion in 2021 and is anticipated to rake US$ 1.9 trillion by 2030.

Answer : The global facility management market is expected to drive growth at a CAGR of 4.7% from 2022 to 2030.

Answer : The major players operating in the facility management market are Sodexo, Compass Group, Jones Lang LaSalle Incorporated, Johnson Controls International PLC, Dussmann Group, CBRE Group Inc., Aramark, ISS A/S, Tenon Group, and Cushman & Wakefield PLC.

Answer : A significant driver of the facility management market expansion is the reduction of operational costs as a result of optimum resource utilization. These solutions aim to improve decision making abilities by increasing transparency in organizational processes.

Answer : Asia-Pacific region will dominate the facility management market during the forecast period.