Cleaning Services to Continue Dominating US Facility Management Market through 2024
Increasing
outsourcing of facility management services by organized players and continued
investment in buildings and related technologies to drive US facility
management market through 2024
According to a recently
published TechSci Research report “United States Facility Management Market By Service, By Application, By Spending
Pattern, Competition, Forecast & Opportunities, 2014-2024’’, United States facility management
market is projected to reach $ 465 billion by 2024 on account of growing
influence of foreign players in the real estate market in the United States, increasing
demand for sustainable facility management solutions by utilizing optimum
allocation of workforce and rising focus of the government on US services
sector. Additionally,
facility management service providers are outsourcing services, which is
further anticipated to positively influence the country’s facility management
market during forecast period. Some of the major companies operating in the market
are Compass
Group PLC, Sodexo, Inc., CBRE Group, Inc., etc.
Browse 42 market data Tables and Figures
spread through 82 Pages and an in-depth TOC on "US Facility Management Market"
https://www.techsciresearch.com/report/united-states-facility-management-market/1401.html
As of 2018, more than
600 organized players were engaged in providing facility management services in
the United States. Among services, cleaning services account for the
major share in the US facility management market owing to huge and growing real
estate sector where cleaning services are mainly required in commercial as well
as industrial establishments. South region is the major demand generator for facility
management market in the country, due to high population and the presence of a large
number of commercial, industrial and residential buildings in this region.
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“Growing demand for
cyber & information security management, increasing usage of integrated
softwares to collect real time data and booming demand for integrated services
is fuelling growth in United States facility management market. Moreover,
rising inclination towards sustainable, energy efficient and effective waste
management would further steer growth in the market over the coming years.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“United States Facility Management Market
By Service, By Application, By Spending Pattern, Competition, Forecast &
Opportunities, 2014-2024” has
evaluated the future growth potential of US facility management market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in US facility management market.
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