Facility Management Services Market Report 2026

The facility management services market size has grown rapidly in recent years. It will grow from $1.97 trillion in 2025 to $2.22 trillion in 2026 at a compound annual growth rate (CAGR) of 13%. The growth in the historic period can be attributed to rising complexity of commercial infrastructure, increasing outsourcing of non core operations, growth in corporate real estate development, expanding need for efficient facility operation, early adoption of structured management services.

The facility management services market size is expected to see rapid growth in the next few years. It will grow to $3.55 trillion in 2030 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to growing demand for smart building ecosystems, increasing focus on operational efficiency, rising emphasis on sustainability management, expansion of large infrastructure management programs, strengthening reliance on outsourced facility expertise. Major trends in the forecast period include growing adoption of integrated facility management solutions, rising shift toward outsourced building operations services, increasing use of technology enabled facility monitoring, expansion of smart building management initiatives, strengthening focus on cost efficient facility operations.

Increasing smart city initiatives is expected to propel the growth of the facility management services market going forward. Governments across multiple countries are introducing initiatives to support smart city development, aimed at improving urban efficiency, sustainability, and quality of life. Facility management services play a critical role in smart cities by enabling innovative information and communication technologies (ICTs) within Urban Facility Management (UFM). These services create new opportunities to optimize existing operations and develop advanced solutions based on the Internet of Things (IoT), big data, information sharing, and smart applications. For instance, in February 2024, according to a report published by the Institute of the Americas, a US-based inter-American organization, global spending on smart city initiatives was projected to exceed $190 billion by the end of 2023. The report also highlighted that smart buildings are expected to account for nearly one-third of industrial IoT connections, while smart utilities are projected to represent 23% by 2025. Although Latin America accounts for less than 10% of global smart city spending, the region is witnessing growing engagement in smart city projects. Therefore, increasing adoption of the smart city concept is driving the growth of the facility management services market.

Major companies operating in the facility management services market are focusing on developing advanced digital solutions, such as facility management applications, to improve operational efficiency, streamline workflows, and optimize resource utilization. Facility management apps offer comprehensive tools that help teams manage assets, track maintenance requests, and respond to issues in real time. For example, in March 2023, Facility Vitals Software Inc., a US-based provider of facility management solutions, launched a new mobile and web-based software platform designed to modernize how facility managers oversee operations and maintenance. The platform allows managers and maintenance teams to track issues, manage work orders, and monitor assets remotely, enhancing productivity and service quality. As a result, innovations in digital facility management solutions are contributing to the growth of the facility management services market.

In February 2024, CBRE Group Inc., a US-based global real estate and facilities services company, acquired J&J Worldwide Services from Arlington Capital Partners for approximately $800 million. Through this acquisition, CBRE aims to strengthen and expand its facilities management and maintenance offerings for government clients by integrating J&J Worldwide Services’ expertise in engineering, base-support operations, and mission-critical facilities. J&J Worldwide Services is a US-based company specializing in facilities management, engineering, and maintenance services for federal government institutions, including hospitals, clinics, and military installations.

Major companies operating in the facility management services market report are ISS A/S, Sodexo S.A., ABM Industries Incorporated, Mitie Group plc, Apleona GmbH, OCS Group Limited, Serco Group plc, Atalian Servest Limited, Aramark Corporation, Compass Group PLC, BVG India Limited, Quess Corp Limited, SIS Limited, Knight Facilities Management Limited, G4S Secure Solutions Limited, VINCI Facilities Limited, Amey plc, Spotless Group Holdings Limited, OCS Group India Private Limited, Interserve Group Limited.

North America was the largest region in the facility management services market in 2025. The regions covered in the facility management services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the facility management services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The facility management services include the revenues earned by operations and security management, facility environment management, facility property management, contract management, and maintenance planning and control. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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