The USA Facility Management Market is expecting around 5.5% CAGR during 2023-28, states MarkNtel Advisors in their recent research report. The rapidly growing need for facility management services in organizations for maintenance support and building, project, & user management to offer best-in-class services to employees while focusing on core business operations is the prime aspect driving the market. Besides, the swiftly establishing multinational companies & start-ups owing to favorable government policies are also surging the demand for facility management and boosting the market.
As a result, there are increasing construction activities, i.e., another prominent aspect driving the demand for facility management services to look after the non-core activities at the site. It is projecting several growth opportunities for the leading players to expand their scalability throughout the country and meet the burgeoning end-user requirements during the forecast period, further states the research report, "USA Facility Management Market Analysis, 2023."
Outsourced Operating Models to Gain Significant Traction in the Market through 2027
The demand for outsourced facility management services is rapidly increasing in the USA. It attributes principally to the growing preferences of different organizations across the country toward outsourcing their non-core activities to third parties and focusing more on their primary business tasks.
Besides, benefits like long-term cost savings are also contributing to the market growth for the outsourced operating model of facility management services across the USA. Moreover, since service providers are the early adopters of new technologies, it enables users to deploy these upgrades & advancements to their facility by simply outsourcing their non-core services.
It, in turn, is projected to generate growth opportunities for the leading players to expand their services offerings & visibility across the country and drive the market through 2028, reveals MarkNtel Advisors in their research report, "USA Facility Management Market Analysis, 2023."
The leading players in the USA Facility Management Market are Compass Group, Sodexo, EMCOR, Cushman & Wakefield, Trane, CBRE, Jones Lang LaSalle Incorporated (JLL), G4S PLC, ISS, & Ecolab.
Key Questions Answered in the Research Report