Cleaning Services to Continue Dominating US Facility Management Market through 2024
Increasing
outsourcing of facility management services by organized players, rising
investments in commercial buildings and related technologies along with growing
demand for commercial space 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 cross
$ 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 solutions by utilizing optimum allocation of
workforce, rising focus of the government on US service sector and surging
demand for sustainable and energy efficient green building solutions. Moreover, facility
management service providers are outsourcing services which allows the players
to achieve strategic advantage along with rising demand for commercial space
are further expected to positively influence United States facility management
market during forecast period. Compass
Group PLC and Sodexo, Inc. are the leaders in United States facility management
market followed by EMCOR Group, Inc., Cushman & Wakefield, etc. As of 2018, there are more
than 600 organized players providing facility management services in the United
States.
Browse 7 market data Tables and 39 Figures
spread through 95 Pages and an in-depth TOC on "US Facility Management
Market"
https://www.techsciresearch.com/report/united-states-facility-management-market/1401.html
Among services, cleaning
services account for the major share in United States facility management
market, owing to the presence of huge commercial sector and large number of
high rise buildings in the country. All three sectors, i.e., residential,
commercial and industrial require cleaning services. South region is the major
demand generator for facility management in the country, on account of high
population along with the large number of commercial, industrial and
residential buildings in the region.
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“Factors like growing demand for cyber & information
security management, increasing usage of integrated softwares to collect real
time data, surging demand for integrated services and rising focus on digital
transformation of services are fuelling growth of 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.
About TechSci Research
TechSci Research
is a leading global market research firm publishing premium market research
reports. Serving 700 global clients with more than 600 premium market research
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market trends.
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