Analysts forecast the facility management services market in North America to grow at a CAGR of 13.94% during the period 2018-2022.
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Facility management services are services which an organization outsources to a vendor who takes responsibilities related to the operation and maintenance of the assets and facilities of that organization.
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Major key players in the facility management services market in North America: Aramark, CB Richards Ellis (CBRE), Compass Group, CUSHMAN& WAKEFIELD, ISS, and Macro.
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According to the facility management services market report, one driver in the market is continued investment in building and related technologies. Technology has been a big supportive pillar in facility management services market and with rapid development of technology in field of mobility and communication, the facility management services industry is also embracing and incorporating new technology in their operations.
Further, the facility management services market report states that one challenge in the market is requirement of technological coherence with evolving building technologies. Facility management market is evolving continuously owing to rapidly developing technology.
Vendors are employing new technology to enhance customer service and reduce costs. Use of robots for cleaning services, use of drones for monitoring purpose, smart devices for security and surveillance, and use of BIM in building management are some of the ways in which vendors are embracing technology in their operations.
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Few Points from List of Exhibits:
Exhibit 1: Related market ($ bn)
Exhibit 2: Market characteristics
Exhibit 4: Market definition - Inclusions and exclusions checklist
Exhibit 5: Market size - 2017
Exhibit 6: Validation techniques employed for market sizing - 2017
Exhibit 7: Facility Management Services Market in North America Market size and forecast 2017-2022 ($ bn)
Exhibit 8: Facility Management Services Market in North America Year over year growth 2018-2022 (%)
Exhibit 9: Five forces analysis 2017
Exhibit 10: Five forces analysis 2022
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2017
Exhibit 17: Application Market share 2017-2022 (%)
Exhibit 18: Comparison by application
Exhibit 19: Soft services Market size and forecast 2017-2022 ($ bn)
Exhibit 20: Soft services Year over year growth 2018-2022 (%)