Report Description

Forecast Period

2024-2029

Market Size (2023)

USD 383.92 million

CAGR (2023-2029)

7.04%

Fastest Growing Segment

Organized

Largest Market

North-East

Market Size (2029)

USD 582.65 million





Market Overview

United States Facility Management Market was valued at USD 383.92 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 7.04% through 2029. There is a growing emphasis on sustainability and environmental stewardship in the FM market. Building owners, tenants, and regulatory bodies increasingly prioritize energy efficiency, waste reduction, and green building certifications such as LEED (Leadership in Energy and Environmental Design) and ENERGY STAR. FM providers play a crucial role in implementing sustainable practices, including energy-efficient HVAC systems, green cleaning programs, water conservation measures, and recycling initiatives. By integrating sustainability into FM strategies, providers can reduce operational costs, attract environmentally conscious clients, and enhance the long-term value of buildings.

Key Market Drivers

Technology Integration and Smart Buildings

Technology integration is revolutionizing Facility Management in the United States, driven by the rapid advancement of smart building technologies. These technologies include IoT (Internet of Things) sensors, AI (Artificial Intelligence), and data analytics platforms that enable real-time monitoring and predictive maintenance of building systems.

Smart buildings leverage IoT to collect data from various building components such as HVAC (Heating, Ventilation, and Air Conditioning) systems, lighting, security systems, and occupancy sensors. This data is then analyzed to optimize energy usage, improve operational efficiency, and enhance occupant comfort. For instance, predictive maintenance algorithms can detect potential equipment failures before they occur, reducing downtime and maintenance costs.

AI-powered FM systems can automate routine tasks such as scheduling maintenance, managing work orders, and optimizing space utilization. These technologies not only improve operational efficiency but also contribute to sustainability goals by reducing energy consumption and carbon footprint.

In addition to operational benefits, technology integration in FM enhances the occupant experience. Smart building features such as personalized climate control and smart lighting systems improve comfort and productivity for building occupants. This focus on occupant well-being is increasingly important for attracting and retaining tenants in commercial real estate.

Overall, the integration of advanced technologies in FM is reshaping the industry landscape in the United States. Companies that adopt these technologies can gain a competitive edge by offering more efficient, sustainable, and occupant-friendly buildings.

Focus on Sustainability and Energy Efficiency

The United States Facility Management market is increasingly driven by sustainability initiatives and a focus on energy efficiency. Organizations across various sectors are adopting sustainable practices not only to comply with regulations but also to reduce operating costs and enhance their corporate image.

FM plays a crucial role in achieving sustainability goals by optimizing building performance and reducing environmental impact. Strategies such as energy-efficient HVAC systems, LED lighting, and smart metering are widely adopted to minimize energy consumption and operational costs. For example, retrofitting older buildings with energy-efficient technologies can significantly reduce utility bills and carbon emissions.

Sustainability certifications such as LEED (Leadership in Energy and Environmental Design) and ENERGY STAR are becoming standard benchmarks for green buildings in the United States. FM professionals are instrumental in obtaining and maintaining these certifications by implementing sustainable practices and monitoring building performance metrics.

Beyond energy efficiency, FM contributes to sustainability through waste management programs, water conservation initiatives, and indoor air quality improvements. These initiatives not only benefit the environment but also create healthier and more productive indoor environments for building occupants.

Investors and tenants are increasingly prioritizing sustainability when choosing properties, driving demand for sustainable FM practices. Property owners and FM service providers that embrace sustainability can attract a broader tenant base, command higher rents, and achieve long-term operational savings.

The emphasis on sustainability and energy efficiency is reshaping the United States Facility Management market, influencing strategic decisions and operational practices across the industry.

Shift Towards Integrated Facility Management Services

Integrated Facility Management (IFM) is emerging as a significant driver of growth and efficiency in the United States FM market. IFM consolidates multiple FM services under a single provider, offering seamless management of a facility's entire lifecycle—from design and construction to operations and maintenance.

Traditionally, FM services were fragmented, with different providers handling specific tasks such as cleaning, security, maintenance, and landscaping. However, the demand for streamlined operations and cost efficiencies has led to the rise of IFM solutions that integrate these services into a cohesive strategy.

IFM providers offer a range of benefits, including centralized management, standardized processes, and economies of scale. By bundling services, organizations can achieve cost savings through competitive pricing, reduced administrative overhead, and improved service delivery.

IFM promotes collaboration and accountability among service providers, leading to enhanced operational efficiency and service quality. For example, a single IFM provider can leverage data analytics and predictive maintenance to optimize building performance and reduce downtime.

IFM solutions align with the trend towards outsourcing non-core functions, allowing organizations to focus on their core business activities. This strategic outsourcing enables companies to access specialized expertise, mitigate operational risks, and improve overall business agility.

The adoption of IFM is driven by its ability to deliver integrated solutions tailored to meet the unique needs of each facility. Whether managing a single site or a portfolio of properties, IFM providers offer customized services that enhance operational efficiency, reduce costs, and optimize the use of resources.

The shift towards Integrated Facility Management services is transforming the United States FM market, offering comprehensive solutions that enhance efficiency, reduce costs, and support strategic business objectives.


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Key Market Challenges

Labor Shortages and Skilled Workforce

One of the primary challenges in the United States Facility Management market is the persistent labor shortages and the need for a skilled workforce. FM encompasses a wide range of services, including maintenance, HVAC, electrical work, plumbing, security, and cleaning. However, finding qualified personnel to perform these tasks remains a significant hurdle for FM service providers and building owners alike.

The aging workforce in skilled trades is exacerbating the labor shortage issue. Many experienced technicians are nearing retirement age, leading to a gap in the availability of skilled workers. This shortage is particularly acute in specialized fields such as HVAC technicians and electricians, where specific technical expertise is required.

The FM industry faces challenges in attracting younger generations to careers in skilled trades. There is a perception among young people that these jobs lack prestige or career growth opportunities compared to other professions requiring higher education. As a result, there is a disconnect between the demand for skilled FM workers and the available workforce.

To address these challenges, FM companies are investing in workforce development initiatives, such as apprenticeship programs, vocational training partnerships with educational institutions, and skills certification programs. These efforts aim to attract new talent to the industry and provide pathways for career advancement in skilled trades.

Technological advancements in FM, such as IoT and AI, require workers with digital literacy and proficiency in operating and maintaining smart building systems. Bridging the skills gap between traditional maintenance skills and emerging technologies is crucial for the future competitiveness of the FM sector.

While labor shortages and the need for a skilled workforce present significant challenges to the United States Facility Management market, proactive workforce development strategies and investments in training and education can help mitigate these challenges and ensure the sustainability of the industry.

Rising Costs and Budget Constraints

Another critical challenge facing the United States Facility Management market is the pressure to manage rising costs amid budget constraints. FM involves the management of various operational expenses, including maintenance, utilities, security, cleaning services, and capital improvements. As economic conditions fluctuate and inflationary pressures increase, FM professionals must navigate budgetary constraints while maintaining service quality and operational efficiency.

The cost of essential FM services, such as utilities and maintenance materials, often fluctuates based on market conditions, regulatory changes, and technological advancements. For example, energy costs can vary significantly depending on geopolitical factors and global demand trends, impacting the operational expenses of commercial buildings.

FM professionals face challenges in securing adequate funding for capital expenditures, such as building upgrades and equipment replacements. Capital projects are essential for maintaining the functionality, safety, and efficiency of facilities over the long term. However, competing priorities for financial resources within organizations can lead to deferred maintenance and increased operational risks.

The COVID-19 pandemic has exacerbated budgetary challenges for FM stakeholders, requiring additional investments in health and safety measures, remote work infrastructure, and facility modifications to accommodate changing occupancy patterns and hygiene protocols.

To address these challenges, FM professionals adopt strategic cost management practices, such as prioritizing preventive maintenance to extend the lifespan of equipment, negotiating favorable contracts with vendors, and leveraging technology to optimize resource allocation and operational efficiencies.

Implementing sustainable practices and energy-efficient solutions can help reduce operating costs over time while aligning with corporate sustainability goals. FM professionals collaborate closely with finance and procurement teams to develop budgetary forecasts, identify cost-saving opportunities, and prioritize investments that deliver long-term value to stakeholders.

Managing rising costs and navigating budget constraints are significant challenges for the United States Facility Management market. By adopting proactive cost management strategies and embracing innovation in FM practices, stakeholders can mitigate financial risks and enhance operational resilience in a competitive market environment.

Complex Regulatory Environment and Compliance

The United States Facility Management market faces challenges associated with navigating a complex regulatory environment and ensuring compliance with evolving regulatory requirements at the federal, state, and local levels. FM professionals are responsible for adhering to a wide range of regulations and standards that govern building codes, environmental protection, workplace safety, and accessibility.

Regulatory compliance requirements vary by industry sector, building type, geographic location, and the specific nature of FM services provided. For example, healthcare facilities must comply with stringent regulations related to patient safety, infection control, and medical waste management, while commercial office buildings must adhere to building occupancy limits, fire safety codes, and ADA (Americans with Disabilities Act) accessibility standards.

Regulatory changes and updates can pose challenges for FM stakeholders, requiring proactive monitoring and adaptation to new requirements. For instance, changes in environmental regulations may impact waste disposal practices, energy efficiency standards, and the use of hazardous materials in building maintenance and operations.

The COVID-19 pandemic has introduced new health and safety regulations, such as guidelines for indoor air quality, ventilation systems, and cleaning protocols, to mitigate the spread of infectious diseases in public and commercial spaces.

To address regulatory challenges effectively, FM professionals collaborate with legal experts, regulatory consultants, and industry associations to stay informed about emerging regulations and compliance obligations. They develop comprehensive compliance strategies, conduct regular audits of facility operations, and implement corrective actions to address non-compliance issues promptly.

Investing in training and professional development programs ensures that FM staff are knowledgeable about regulatory requirements and equipped to implement best practices in facility management. Technology solutions, such as compliance management software and digital documentation systems, streamline regulatory reporting processes and facilitate transparency in compliance efforts.

Navigating the complex regulatory environment and ensuring compliance with evolving regulations are significant challenges for the United States Facility Management market. By prioritizing regulatory compliance, adopting proactive compliance strategies, and leveraging technology solutions, FM stakeholders can mitigate risks, uphold operational standards, and maintain regulatory compliance across their facilities.

Key Market Trends

Integration of Sustainability Practices

A prominent trend in the United States Facility Management market is the increasing integration of sustainability practices into operational strategies. Sustainability has evolved from being a compliance requirement to a core business imperative for FM professionals and building owners alike.

One significant aspect of this trend is the emphasis on green building certifications and standards, such as LEED (Leadership in Energy and Environmental Design) and ENERGY STAR. These certifications recognize buildings that demonstrate superior energy efficiency, resource conservation, and environmental stewardship. FM professionals play a crucial role in achieving and maintaining these certifications by implementing sustainable practices across building operations and maintenance.

FM professionals prioritize energy-efficient technologies and practices to reduce building energy consumption and operational costs. This includes retrofitting buildings with LED lighting, energy-efficient HVAC systems, and smart metering systems that monitor and optimize energy usage in real time. Sustainable FM practices encompass waste reduction, recycling programs, and responsible disposal of hazardous materials. FM teams collaborate with waste management vendors to implement recycling initiatives and reduce the environmental impact of waste generated within facilities.

FM professionals implement water-efficient fixtures, irrigation systems, and leak detection technologies to minimize water consumption in buildings. Water conservation initiatives not only contribute to environmental sustainability but also help reduce utility costs for building owners. Enhancing indoor air quality, thermal comfort, and daylighting are critical aspects of sustainable FM practices. FM teams utilize ventilation systems, air quality monitors, and green cleaning products to create healthier indoor environments for building occupants.

FM professionals prioritize the sourcing of sustainable materials, products, and services from environmentally responsible suppliers. This includes selecting eco-friendly building materials, energy-efficient equipment, and renewable energy solutions to support sustainability goals.

The integration of sustainability practices in FM is driven by several factors, including regulatory requirements, investor and tenant demand for green buildings, and the potential cost savings associated with energy efficiency and resource conservation. Building owners and FM service providers that embrace sustainability can enhance property value, attract environmentally conscious tenants, and differentiate themselves in the competitive real estate market.

the trend towards integrating sustainability practices in the United States Facility Management market underscores a commitment to environmental responsibility, operational efficiency, and long-term value creation for stakeholders.

Adoption of Technology and Digital Transformation

The United States Facility Management market is undergoing a significant transformation with the widespread adoption of technology and digital solutions. Technological advancements are revolutionizing how FM services are delivered, managed, and optimized, leading to improved operational efficiency, cost savings, and enhanced tenant experiences.

IoT sensors and devices are deployed throughout buildings to collect real-time data on equipment performance, energy usage, environmental conditions, and occupant behavior. This data enables predictive maintenance, proactive asset management, and optimization of building systems to maximize efficiency and minimize downtime. BMS platforms integrate IoT data with centralized control systems to monitor and manage building operations from a single interface. FM professionals can remotely monitor building performance, adjust settings for HVAC and lighting systems, and receive alerts for maintenance issues, improving responsiveness and operational transparency.

AI-powered FM solutions analyze large datasets to uncover insights, trends, and patterns that inform strategic decision-making and predictive maintenance strategies. AI algorithms can optimize energy consumption, forecast equipment failures, and automate routine tasks such as scheduling maintenance activities based on real-time data and historical performance metrics. Digital twin technology creates virtual replicas of physical buildings, allowing FM teams to simulate scenarios, test operational changes, and optimize building performance in a virtual environment. Digital twins facilitate data-driven decision-making, predictive analytics, and proactive management of building assets to enhance efficiency and resilience.

Cloud-based FM platforms and mobile applications enable remote access to critical operational data, work order management, and communication among FM teams, tenants, and service providers. Cloud computing enhances scalability, data security, and collaboration while supporting flexible work environments and remote operations management.

The adoption of technology in FM is driven by the demand for enhanced operational efficiency, cost optimization, and improved tenant experiences. FM professionals leverage digital tools and platforms to streamline workflows, reduce maintenance costs, and deliver responsive and personalized services to building occupants.

The adoption of technology and digital transformation in the United States Facility Management market represents a strategic shift towards data-driven decision-making, operational excellence, and innovation in service delivery. As technology continues to evolve, FM stakeholders are well-positioned to leverage digital solutions to meet the evolving needs of buildings, occupants, and sustainability objectives.

Segmental Insights

Application Insights

The Commercial segment emerged as the dominating segment in 2023. In the United States, the commercial segment plays a pivotal role in driving the Facility Management (FM) market, encompassing a diverse range of properties such as office buildings, retail centers, hotels, and mixed-use developments. This segment is characterized by its significant scale, complex operational requirements, and diverse tenant needs, all of which influence the demand for FM services.

Sustainability has become a paramount consideration in the commercial FM sector. Building owners are increasingly investing in sustainable practices to achieve green building certifications like LEED and ENERGY STAR, which not only enhance the environmental performance of buildings but also appeal to environmentally conscious tenants. Sustainable FM practices include energy-efficient HVAC systems, water conservation measures, waste management programs, and eco-friendly cleaning services, all aimed at reducing the carbon footprint of commercial properties while lowering utility expenses.

Tenant satisfaction and retention are critical priorities for commercial property owners, driving the demand for high-quality FM services that contribute to a positive tenant experience. FM providers in the commercial segment focus on delivering responsive maintenance services, ensuring cleanliness and safety, and providing amenities that enhance occupant comfort and productivity. This holistic approach to FM supports tenant attraction and retention strategies, ultimately contributing to the financial performance and value of commercial properties.

The COVID-19 pandemic has reshaped priorities within the commercial FM segment, accelerating trends towards flexible workspaces, touchless technologies, and enhanced health and safety protocols. FM professionals have adapted by implementing robust cleaning and disinfection regimes, improving indoor air quality, and reconfiguring spaces to support physical distancing and remote work environments.

The commercial segment of the United States Facility Management market is characterized by its dynamic nature, driven by evolving tenant expectations, regulatory requirements, technological advancements, and sustainability initiatives. FM providers play a crucial role in helping commercial property owners optimize operational performance, maintain competitive advantage, and adapt to changing market dynamics while ensuring a safe, sustainable, and efficient built environment for tenants and occupants alike.


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Regional Insights

North-East is expected to dominate the market during the forecast period. In the North-East region of the United States, the Facility Management (FM) market reflects a diverse landscape shaped by a blend of urban density, historical architecture, stringent regulatory requirements, and a strong emphasis on sustainability. Major metropolitan areas such as New York City, Boston, Philadelphia, and Washington D.C. drive substantial demand for FM services across various sectors including commercial real estate, healthcare, education, government, and cultural institutions.

Commercial real estate in cities like New York City and Boston represents a significant portion of the FM market in the North-East region. High-rise office buildings, retail complexes, and mixed-use developments require comprehensive FM solutions to ensure operational efficiency, tenant satisfaction, and compliance with local building codes and safety regulations. FM providers in this sector focus on delivering integrated services such as maintenance, cleaning, security, and energy management to support the dynamic needs of commercial property owners and tenants.

Healthcare facilities in the North-East region, including major medical centers and hospitals in cities like Philadelphia and Baltimore, present unique challenges and opportunities for FM providers. These facilities require specialized FM services to maintain strict hygiene standards, ensure patient comfort, and comply with healthcare regulations. FM professionals play a critical role in managing medical waste disposal, optimizing HVAC systems for infection control, and providing round-the-clock maintenance support to minimize downtime and ensure uninterrupted healthcare delivery.

Educational institutions, including prestigious universities and colleges in cities such as Cambridge (Harvard) and New Haven (Yale), also contribute significantly to the FM market in the North-East. FM services for educational facilities encompass a wide range of needs from campus maintenance and custodial services to groundskeeping and support for academic events. FM providers in this sector focus on creating safe, clean, and sustainable learning environments that enhance student experience and support academic excellence.

Sustainability is a key driver across all sectors in the North-East FM market, driven by stringent environmental regulations and the region's commitment to reducing carbon emissions and promoting energy efficiency. FM providers integrate green building practices, energy-efficient technologies, and waste reduction strategies to align with sustainability goals while delivering cost-effective solutions that enhance operational performance and tenant satisfaction.

The North-East region of the United States presents a dynamic and diverse FM market characterized by its urban complexity, regulatory challenges, and commitment to sustainability. FM providers in this region leverage expertise in technology, sustainability practices, and customer service to meet the evolving needs of commercial, healthcare, educational, governmental, and cultural institutions while ensuring the efficient and sustainable management of facilities and infrastructure.

Recent Developments

  • In January 2023, ISS A/S, a prominent global leader in workplace experience and facility management, announced an expansion and extension of its partnership with a significant technology company. This strategic move underscores ISS's commitment to enhancing workplace experiences and optimizing facility management services for its client, leveraging its expertise in delivering integrated solutions across various industries.
  • In September 2022, Siemens Energy signed a five-year contract with EMCOR Facilities Services Inc. (EFS), a division of EMCOR Group. Under this agreement, EFS committed to providing over 100 employees across 49 sites in North America for Siemens. This partnership aims to support Siemens Energy in maintaining and managing its facilities, ensuring operational efficiency, and meeting the company's specific operational and safety standards across its extensive North American footprint.

Key Market Players

  • CBRE Group, Inc.
  • Jones Lang LaSalle Incorporated
  • Cushman & Wakefield plc
  • Emeric Facility Services
  • SMI Facility Services
  • Sodexo, Inc.
  • AHI Facility Services, Inc.
  • ISS Facility Services, Inc.
  • Shine Management & Facility Services
  • Guardian Service Industries, Inc.

By Service

By Type

By Application

By Industry

By Mode

By Region

  • Property
  • Cleaning
  • Security
  • Catering
  • Support
  • Others
  • Hard
  • Soft
  • Industrial
  • Commercial
  • Residential 
  • Organized
  • Unorganized
  • Outsource
  • Insource
  • South
  • West
  • Mid-West
  • North-East

 

Report Scope:

In this report, the United States Facility Management Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • United States Facility Management Market, By Service:

o   Property

o   Cleaning

o   Security

o   Catering

o   Support

o   Others       

  • United States Facility Management Market, By Type:

o   Hard

o   Soft        

  • United States Facility Management Market, By Application:

o   Industrial

o   Commercial

o   Residential          

  • United States Facility Management Market, By Industry:

o   Organized

o   Unorganized    

  • United States Facility Management Market, By Mode:

o   Outsource

o   Insource                  

  • United States Facility Management Market, By Region:

o   South

o   West

o   Mid-West

o   North-East            

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the United States Facility Management Market.

Available Customizations:

United States Facility Management Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

United States Facility Management Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.         Service Overview

1.1.    Market Definition

1.2.    Scope of the Market

1.2.1.Markets Covered

1.2.2.Years Considered for Study

1.2.3.Key Market Segmentations

2.         Research Methodology

2.1.    Objective of the Study

2.2.    Baseline Methodology

2.3.    Formulation of the Scope

2.4.    Assumptions and Limitations

2.5.    Sources of Research

2.5.1.Secondary Research

2.5.2.Primary Research

2.6.    Approach for the Market Study

2.6.1.The Bottom-Up Approach

2.6.2.The Top-Down Approach

2.7.    Methodology Followed for Calculation of Market Size & Market Shares

2.8.    Forecasting Methodology

2.8.1.Data Triangulation & Validation

3.         Executive Summary

4.         Impact of COVID-19 on United States Facility Management Market

5.         Voice of Customer

6.         United States Facility Management Market Overview

7.         United States Facility Management Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value

7.2.    Market Share & Forecast

7.2.1.By Service (Property, Cleaning, Security, Catering and Support)

7.2.2.By Type (Hard and Soft)

7.2.3.By Application (Industrial, Commercial and Residential)

7.2.4.By Industry (Organized and Unorganized

7.2.5.By Mode (Outsource and Insource)

7.2.6.By Region (South, West, Mid-West and North-East)

7.4.    By Company (2023)

7.5.     Market Map

8.         United States Cleaning Services Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value

8.2.    Market Share & Forecast

8.2.1.By Type

8.2.2.By Application

8.2.3.By Industry

8.2.4.By Mode

8.2.5.        By Region

9.         United States Property Services Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value

9.2.    Market Share & Forecast

9.2.1.By Type

9.2.2.By Application

9.2.3.By Industry

9.2.4.By Mode

9.2.5.        By Region

10.      United States Catering Services Market Outlook

10.1. Market Size & Forecast

10.1.1.     By Value

10.2. Market Share & Forecast

10.2.1.     By Type

10.2.2.     By Application

10.2.3.     By Industry

10.2.4.     By Mode

10.2.5.     By Region

11.      United States Support Services Market Outlook

11.1. Market Size & Forecast

11.1.1.     By Value

11.2. Market Share & Forecast

11.2.1.     By Type

11.2.2.     By Application

11.2.3.     By Industry

11.2.4.     By Mode

11.2.5.     By Region

12.      United States Security Services Market Outlook

12.1. Market Size & Forecast

12.1.1.     By Value

12.2. Market Share & Forecast

12.2.1.     By Type

12.2.2.     By Application

12.2.3.     By Industry

12.2.4.     By Mode

12.2.5.     By Region

13.      Market Dynamics

13.1. Drivers

13.2. Challenges

14.      Market Trends and Developments

15.      Company Profiles

15.1.  CBRE Group, Inc.

15.1.1.     Business Overview

15.1.2.     Key Revenue and Financials  

15.1.3.     Recent Developments

15.1.4.     Key Personnel/Key Contact Person

15.1.5.     Key Product/Services Offered

15.2.  Jones Lang LaSalle Incorporated

15.2.1.     Business Overview

15.2.2.     Key Revenue and Financials  

15.2.3.     Recent Developments

15.2.4.     Key Personnel/Key Contact Person

15.2.5.     Key Product/Services Offered

15.3.  Cushman & Wakefield plc

15.3.1.     Business Overview

15.3.2.     Key Revenue and Financials  

15.3.3.     Recent Developments

15.3.4.     Key Personnel/Key Contact Person

15.3.5.     Key Product/Services Offered

15.4.  Emeric Facility Services

15.4.1.     Business Overview

15.4.2.     Key Revenue and Financials  

15.4.3.     Recent Developments

15.4.4.     Key Personnel/Key Contact Person

15.4.5.     Key Product/Services Offered

15.5.  SMI Facility Services

15.5.1.     Business Overview

15.5.2.     Key Revenue and Financials  

15.5.3.     Recent Developments

15.5.4.     Key Personnel/Key Contact Person

15.5.5.     Key Product/Services Offered

15.6.  Sodexo, Inc.

15.6.1.     Business Overview

15.6.2.     Key Revenue and Financials  

15.6.3.     Recent Developments

15.6.4.     Key Personnel/Key Contact Person

15.6.5.     Key Product/Services Offered

15.7.  AHI Facility Services, Inc.

15.7.1.     Business Overview

15.7.2.     Key Revenue and Financials  

15.7.3.     Recent Developments

15.7.4.     Key Personnel/Key Contact Person

15.7.5.     Key Product/Services Offered

15.8.  ISS Facility Services, Inc.

15.8.1.     Business Overview

15.8.2.     Key Revenue and Financials  

15.8.3.     Recent Developments

15.8.4.     Key Personnel/Key Contact Person

15.8.5.     Key Product/Services Offered

15.9.  Shine Management & Facility Services

15.9.1.     Business Overview

15.9.2.     Key Revenue and Financials  

15.9.3.     Recent Developments

15.9.4.     Key Personnel/Key Contact Person

15.9.5.     Key Product/Services Offered

15.10.   Guardian Service Industries, Inc.  

15.10.1.   Business Overview

15.10.2.   Key Revenue and Financials  

15.10.3.   Recent Developments

15.10.4.   Key Personnel/Key Contact Person

15.10.5.   Key Product/Services Offered

16.      Strategic Recommendations

17.      About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the United States Facility Management Market was USD 383.92 million in 2023.

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The Commercial segment by application demonstrated significant dominance in 2023. One of the key drivers in the commercial FM segment is the emphasis on enhancing operational efficiency and optimizing resource utilization. Commercial property owners and managers seek FM solutions that streamline building operations, reduce operating costs, and improve energy efficiency.

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North-East dominated the United States Facility Management Market in 2023. Government buildings and cultural institutions in the North-East region, particularly in Washington D.C. and Philadelphia, require FM services that preserve architectural heritage, manage public spaces, and ensure the safety and accessibility of cultural assets. FM professionals in this sector collaborate closely with governmental agencies and cultural organizations to implement security measures, maintain historical integrity, and support public events and exhibitions.

profile

Srishti Verma

Business Consultant
Press Release

United States Facility Management Market is expected to grow at a CAGR of 7.04% through 2029

Jul, 2024

Focus on Sustainability and Green Building Practices are factors driving the United States Facility Management Market in the forecast period 2025-2029.