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North America Facility Management Market Size & Key Drivers by 2024

Gain insights into the North America facility management market size, key drivers, and trends. Explore forecasts and growth opportunities by 2024.

North America Facility Management Market: Size, Trends, and Forecast Analysis for 2022-2030

This comprehensive market research report offers essential insights into the North America Facility Management Market Size, including global market size, regional breakdowns, and competitive share analysis. It highlights key trends, emerging growth opportunities, and actionable data to help businesses succeed in the industry.

Market Overview and Key Insights

According to Fortune Business Insights, the North America Facility Management market has shown significant growth in recent years. The market is projected to grow from USD 378.8 billion in 2022 to USD 578.3 billion million by 2030, with an estimated compound annual growth rate (CAGR) of 6%.

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Major Players in the North America Facility Management Market

The North America Facility Management market is shaped by several leading companies that play a pivotal role in its growth and competitive landscape. These key players are committed to driving innovation, expanding their product offerings, and forming strategic partnerships to strengthen their presence in the market.

Prominent Companies Operating in the North America Facility Management Market Include:

  • CBRE Group, Inc. (U.S.)
  • Bouygues Energies & Services (Canada)
  • Aramark (U.S.)
  • Jones Lang LaSalle Incorporated (U.S.)
  • Royalty General Construction (Canada)
  • ABM Industries (U.S.)
  • EMCOR Facilities Services (U.S.)
  • GDI Integrated Facilities Services (Canada)
  • Emeric Facility Services (U.S)
  • SMI Facility Services (U.S.)
  • Edon Properties Inc. (Canada)
  • AHI Facility Services, Inc. (U.S.)
  • MRI Software LLC (U.S.)
  • Sodexo (France)

These industry leaders invest heavily in research and development (R&D), form strategic alliances, and pursue mergers and acquisitions to remain competitive. Their efforts are crucial for fostering innovation and delivering significant value to end-users, meeting the growing demand in the market.

In-Depth Market Evaluation and Analytical Frameworks

This report offers a thorough evaluation of the North America Facility Management market, delving into key factors such as:

  • Emerging trends

  • Growth drivers

  • Supply-demand dynamics

  • Annual growth rates

  • Pricing patterns

We utilize proven analytical frameworks, including:

  • Porter’s Five Forces

  • PESTLE Analysis

  • Value Chain Analysis

  • Market Attractiveness and Ecosystem Analyses

These methodologies provide a complete and insightful view of the market landscape, making the report an essential resource for stakeholders looking to make informed decisions.

Recent Industry Developments:

  • mCloud Technologies Corp., a leading artificial Intelligence (AI)-powered asset management and Environmental, Social, and Governance (ESG) solutions provider, signed a contract with a global wind power developer with operation in Europe for three years.
  • U.S. Central Command extended the five-year contract with SOS International worth USD 17.9 million to continue managing and maintaining secure facilities at AI-Udeid Airbase in Doha, Qatar and MacDill Air Force Base in Tampa, Florida.
  • CBRE Group declared that it has been assigned the responsibility of selling the embassy headquarters of Britain and Northern Ireland in Mexico City. The premises have served as the base for the operations of the British government in Mexico, which has promoted various bilateral interests and initiatives in the nation.
  • JLL Mexico collaborated with GoSpace AI, an occupancy and workplace management provider, to supply space allocations and drive dynamic resource through automatic, intelligent seating assignment methods.

Table of Contents (TOC)

Executive Summary

  • Overview of Key Findings

  • Market Highlights and Key Trends

Market Introduction

  • Definition and Scope of the Market

  • Market Segmentation Overview

Market Dynamics

  • Key Drivers and Restraints

  • Market Opportunities and Challenges

  • Market Trends and Forecast

Competitive Landscape

  • Major Players and Market Share Analysis

  • Competitive Strategies and Landscape

Market Segmentation Analysis

  • By Product Type

  • By Application

  • By Region

  • By End-User

Regional Analysis

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East & Africa

Market Forecast

  • Market Size and Growth Projections (2022–2030)

  • Revenue Estimates and Trends

Technological Developments

  • Innovations and Advancements in the Market

  • Impact of Technology on Market Growth

Market Challenges

  • Regulatory and Operational Barriers

  • Key Obstacles in Market Expansion

Investment Opportunities

  • Strategic Investment Areas

  • Recommended Growth Strategies

Conclusion

  • Key Insights and Summary

  • Future Outlook and Recommendations

Appendix

  • List of Abbreviations

  • Research Methodology

  • Additional Notes and References

TOC Continued…..!

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