A Facility Management (FM) system is a range of maintenance services system that offers multiple services such as building maintenance, operations, fire safety, etc., to several kinds of end users such as offices, schools, hospitals, etc. The USA Facility Management Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of USA Facility Management market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
According to MarkNtel Advisors’ research report titled “USA Facility Management Market Analysis, 2020”, the USA Facility Management market is anticipated to grow at a CAGR of 5.5% during 2020-25. Based on type of service, hard services acquired a significant market share followed by soft, risk, and administrative services in the USA Facility Management market in 2019. The impending need for hard services such as maintenance of electrical, mechanical, plumbing, HVAC, and other building-related solutions by the end-user industries is anticipated to accelerate the demand for hard services in the forecast period.
Residential Segment Accounted for a Substantial Market Share
Based on end user, residential and commercial verticals captured a considerable market share in the USA Facility Management market in 2019. The robust requirement for maintenance, cleaning and property management services, such as building maintenance, HVAC maintenance, etc. in the residential and commercial spaces is anticipated to strongly contribute toward the market growth of Facility Management market in the near future as stated in the MarkNtel Advisors’ research report “USA Facility Management Market Analysis, 2020”.
According to MarkNtel Advisors, the key players with a considerable market share in the USA Facility Management market include Compass Group PLC, Sodexo, Inc., CBRE Group, Inc., Ingersoll Rand (Trane), Ecolab, ISS Facilities Services Inc., G4S PLC, Jones Lang LaSalle Incorporated (JLL), EMCOR Group, Inc., Cushman & Wakefield, etc. The augmentation in the merger & acquisition, partnership, collaboration, etc., along with technological transformation in services is leading to a potential growth opportunity for the companies to capture the highest market share in the US Facility Management market.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on USA Facility Management Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Billion.
Q. What would be the growth rate or CAGR of USA Facility Management Market during 2020-25?
A. The growth rate of USA Facility Management Market during 2020-25 is forecast to GAGR of 5.5%.
Q. Who are the key competitors or players operating in USA Facility Management Market?
A. Compass Group PLC, Sodexo, Inc., CBRE Group, Inc., Ingersoll Rand (Trane), Ecolab, ISS Facilities Services Inc., G4S PLC, Jones Lang LaSalle Incorporated (JLL), EMCOR Group, Inc., Cushman & Wakefield, etc., are few of the leading players in the USA Facility Management Market.
Q. Which service delivery segment would emerge as an opportunity area for players in USA Facility Management Market?
A. Bundled service delivery deployment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in the USA Facility Management Market?
A. The South grabbed a significant market share continue to grow at the highest CAGR, presenting immense opportunities for USA Facility Management service providers.
