Overview and Scope
The facilities support services refer to those vital management services that supply operational personnel to carry out a variety of support services inside a client’s premises and support the functionality, safety, and sustainability of buildings, grounds, infrastructure, and real estate.
Sizing and Forecast
The facilities support services market size has grown rapidly in recent years. It will grow from $182.74 billion in 2024 to $201.63 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to focus on core competencies, outsourcing trend, cost efficiency, technological advancements.
The facilities support services market size is expected to see rapid growth in the next few years. It will grow to $297.16 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to health and safety compliance, aging infrastructure, energy efficiency, economic recovery. Major trends in the forecast period include sustainability and green practices, smart building technology, remote monitoring and management, digital transformation, cybersecurity concerns.
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Segmentation & Regional Insights
The facilities support services market covered in this report is segmented –
1) By Type: Maintenance Services, Security & Guard Services, Reception Services, Other Facilities Support Services
2) By Mode: Online, Offline
3) By Deployment Type: On-Premise, Cloud
Top 5 Major Players:
Western Europe was the largest region in the facilities support services market in 2024. Asia-Pacific was the second-largest region in the facilities support services market. The regions covered in the facility support services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Major Driver Impacting Market Growth
The rising number of multinational companies (MNCs) supported the growth of the facilities support services market going forward. A multinational corporation (MNC) is a large corporation that operates in its home country and produces or sells goods or services in various countries. Multinational companies often have a presence in multiple countries and regions. Managing facilities across various locations can be complex and challenging. Facilities support services providers offer a one-stop solution for MNCs to maintain and manage their facilities consistently across different geographies. This simplifies operations and ensures uniform standards of facility management. For instance, in October 2022, according to the Government Digital Service, a UK-based government body, the number of multinational corporations grew by 16,000 (1%), from 2021. Therefore, the rising number of multinational companies (MNCs) is driving the growth of the facilities support services market.
Key Industry Players
Major companies operating in the facilities support services market include Jones Lang LaSalle Inc., Sodexo, CBRE Group, ISS A/S, Cushman & Wakefield Inc., Atalian Servest Group Limited, Emcor Group, Alstom SA, ABM Industries Inc., Grupo ACS., ABM Industries Inc., Aramark Corporation, Compass Group Plc, Group 4 Securicor plc, International Service System World, Mitie Group plc, United Group Limited, Allied Universal, Anixter International Inc., ATALIAN Global Services Inc., BGIS Global Integrated Solutions Canada LP, Bilfinger SE, Colliers International Group Inc., DTZ Investment Management Limited, ENGIE SA, Eurest Services, Inc., FacilitySource LLC, GDI Integrated Facility Services Inc., Groupe CRIT SA, Johnson Controls International plc, KBR Inc., OCS Group Limited, SNC-Lavalin Group Inc., Veolia Environnement SA.
The facilities support services market report table of contents includes:
1. Executive Summary
2. Facilities Support Services Market Characteristics
3. Facilities Support Services Product/Service Analysis -Product/Service Examples
4. Facilities Support Services Market Trends And Strategies
5. Facilities Support Services Market – Macro Economic Scenario
…..
68. Global Facilities Support Services Market Competitive Benchmarking
69. Global Facilities Support Services Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Facilities Support Services Market
71. Facilities Support Services Market Future Outlook and Potential Analysis
72. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Facilities Support Services Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Facilities Support Services Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Facilities Support Services Market, Segmentation By Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 144: Jones Lang LaSalle Inc. Financial Performance
Table 145: Sodexo Financial Performance
Table 146: CBRE Group Financial Performance
Table 147: ISS A/S Financial Performance
Table 148: Cushman & Wakefield Inc Financial Performance
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