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Facility Management (FM) Market Share

Report ID: GMI4403
Published Date: Mar 2024
Report Format: PDF

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Facility Management Market Share

Veolia Environment and CBRE Corporation held significant market share of over 4% in 2023. Veolia Environment focuses on expanding its service offerings in the facility management industry. This includes diversifying into new segments such as energy management, waste management, water treatment, and sustainability consulting, providing integrated solutions to meet the evolving needs of clients.

CBRE Corporation focuses on providing integrated facility management solutions that encompass a wide range of services, including property management, maintenance, engineering, workplace solutions, and sustainability services. Offering comprehensive solutions helps CBRE to differentiate itself from competitors and capture larger contracts.

Facility Management Market Companies

Major companies operating in the facility management industry are:

Aramark Corporation
CBRE Group
Compass Group PLC
Cushman and Wakefield
EMCOR Group
G4S Plc
ISS Facility Services
Jones Lang LaSalle Inc
SODEXO
Veolia Environment

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of facility management (FM) reached USD 1.6 trillion in 2023 and is set to expand at over 10% CAGR between 2024 and 2032, owing to the increasing investments from leading companies.

The hard services segment held 52% of the market share in 2023 and is projected to surpass USD 1.8 trillion by 2032, driven by the rising cruciality for ensuring the smooth functioning and safety of facilities.

North America market accounted for 28% revenue share in 2023, due to the dynamic business landscape, stringent regulatory environment, and emphasis on sustainability in the region.

Some of the major companies engaged in the market are Aramark Corporation, CBRE Group, Compass Group PLC, Cushman and Wakefield, EMCOR Group, G4S Plc, ISS Facility Services, Jones Lang LaSalle Inc, SODEXO, and Veolia Environment.