Facility Management Market Surges to $138.50 billion
The facility management market is forecast to grow from $61.08 billion in 2025 to $138.50 billion by 2030, representing a compound annual growth rate (CAGR) of 17.8%. This expansion is driven by organizational efforts to streamline complex building operations and synchronize physical assets with energy systems. The growth reflects a strategic shift toward prioritizing occupant needs and workplace environments to support broader business objectives.
Organizations are increasingly seeking ways to ensure that physical assets and energy systems function in sync to enhance overall business performance. This surge in market value highlights the rising demand for integrated solutions that manage workplace environments more effectively.
The report by MarketsandMarkets indicates that the drive for operational efficiency is a primary factor in this rapid market expansion. As businesses scale, the integration of technology into facility management becomes a core component of maintaining competitive advantage and operational resilience.
Summary generated by RabbitReport AI from public reporting. The full article and original reporting belong to GlobeNewswire.