North America Facility Management Market Growth, Trends, and Share Analysis till 2032

The North America Facility Management Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the North America Facility Management Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

North America holds the second-largest share of the global facility management market in terms of region. It is projected to grow at a CAGR of 6.0% during the forecast period. The North America facility management market size is projected to grow from USD 378.8 billion in 2022 to USD 578.3 billion by 2030.

Recent industry developments are;

• 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.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

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)

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North America Facility Management Market Segmentation:

By Service Type

• Hard Services
• Soft Services
• Other Services

By Industry Vertical

• Healthcare
• Government
• Education
• Military & Defense
• Real Estate
• Others (IT & Telecommunication, BFSI)

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the North America Facility Management Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the North America Facility Management Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

• Drivers:
  • Growing emphasis on operational efficiency and cost reduction in facilities management driving the adoption of advanced technology solutions.
  • Increasing regulatory compliance requirements and focus on sustainability promoting the integration of facility management services.
• Restraints:
  • High initial investment costs for implementing comprehensive facility management systems may deter smaller organizations.
  • Lack of skilled workforce and training programs in facility management affecting the quality and effectiveness of services provided.

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

North America Facility Management Market Regional Segmentation:

By Country

• U.S. (By Industry Vertical)
• Canada (By Industry Vertical)
• Mexico (By Industry Vertical)

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