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Facilities Management Market Poised to Grow at 14% CAGR through 2025

Press release Description

Albany, New York, July 12, 2018: A new detailed study titled “Facilities Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). According to the report, global facilities management market is likely to grow at a CAGR of nearly 14% during the assessment period.

According to the research study, businesses around the globe are focusing on investing in facilities management to focus on their core operation areas. The growing awareness among end-users on the benefits of investing in facilities management is likely to provide an impetus to growth during the assessment period. The increasing emphasis on reducing operational costs is also likely to promote investment in facilities management during the assessment period.

Although the report has a positive outlook on the facilities management market, challenges associated with low cost of labor and the presence of a large number of unorganized players is likely to hinder the growth of the market during the assessment period. Increasing price competition is also likely to restrict the growth of the market during the assessment period.

The business intelligence study offers information and analysis on the facilities management market on the basis of segments and sub-segments. The report segments the global facilities management market into industry market, service market and region. The industry segment is further divided into corporate, health care, residential and educational institutes, government and public sector, manufacturing, retail and commercial and others. The service segment is sub-segmented into hard services, soft services, market attractiveness and comparison matrix.

Geographically, the market is divided into key regions globally which are North America, South America, Middle East & Africa, Europe and Asia Pacific. According to the research study, North America is likely to be one of the leading markets for facilities management market during the assessment period. In addition to North America, Asia Pacific is also likely to provide lucrative opportunities for facilities management during the assessment period.

The report profiles some of the leading players operating in the market. Some of these players are Arthur McKay & Co Ltd., Bilfinger HSG Facility Management   GmbH, ISS World Services A/S, Quess Corp Limited, Spotless Group Limited, Bellrock Property & Facilities Management Limited, Broadspectrum (Australia) Pty Limited, Knight Facilities Management and Sodexo, Inc. According to the research study, leading players in the market are focusing on tying up with corporates and institutions to consolidate their position.

Browse Full Global Facilities Management Market Report with TOC:

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