North America Facility Management Market Size, Trends, and Key Drivers 2024

The North America Facility Management Market Size and Trends Analysis, with Forecast 2022-2030. This latest market research report contains a wealth of useful insights and data, such as global market size, regional shares, and competitor market share. Additionally, it discusses current trends, future opportunities, and critical data for industry success.

According to Fortune Business Insights, the North America Facility Management Market size has increased significantly in recent years. It will increase from USD 378.8 billion in 2022 to USD 578.3 billion million in 2030, with a compound annual growth rate (CAGR) of 6%. The research report provides a comprehensive assessment, including strategic insights into future trends, growth drivers, supply-demand dynamics, annual growth rates, CAGR, and pricing trends. It also includes a number of business frameworks, including Porter’s Five Forces, PESTLE, Value Chain, Four Ps, Market Attractiveness, BPS, and Ecosystem Analyses, which provide a comprehensive picture of the market landscape.

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Major Key Players of the Market:

• 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:

North America Facility Management Market Size, Share & Trends, By Service Type (Hard Services, Soft Services, and Other Services), By Industry Vertical (Healthcare, Government, Education, Military & Defense, Real Estate, and Others), and Regional Forecast, 2023-2030

Reasons to purchase this report:

This report provides a detailed analysis of the North America Facility Management Market’s competitive landscape, emerging growth areas, market conditions, and key trends. It allows businesses to identify opportunities for growth while also recognizing potential risks and challenges. The report provides valuable insights by evaluating product portfolios and business segments, allowing stakeholders to develop informed investment and market strategies.

A thorough understanding of the industry dynamics presented in the report will help to develop effective strategies for success in the North America Facility Management Market, significantly improving decision-making processes. Overall, this report is an invaluable resource for anyone looking to stay current on this rapidly changing 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)

FAQ’s:

• What is the current size of the North America facility management market?

  • 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.

• What is the expected growth rate for the North America facility management market during the forecast period?

  • The market is projected to grow at a compound annual growth rate (CAGR) of 6.0% during the forecast period.

• What are the key drivers for the growth of the facility management market in North America?

  • Growth is driven by increasing demand for efficient management of facilities, the integration of technology in facility operations, and the need for sustainable practices in building management.

• Who are the major players in the North America facility management market?

  • Key companies 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.), and Sodexo (France).

• Which countries in North America are significant for the facility management market?

  • The significant countries include the U.S., Canada, and Mexico, with varying industry verticals contributing to the overall market growth and demand for facility management services.

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