Hard Services Facility Management Market Report 2026

The hard services facility management market size has grown strongly in recent years. It will grow from $682.36 billion in 2025 to $721.7 billion in 2026 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increasing infrastructure development, rising complexity of building systems, growth in commercial real estate, early outsourcing of facility maintenance, need for consistent operational reliability.

The hard services facility management market size is expected to see strong growth in the next few years. It will grow to $887.67 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to rising demand for advanced predictive maintenance, increasing adoption of enterprise asset management solutions, growing infrastructure modernization initiatives, expansion of institutional and industrial facilities, rising focus on cost efficient facility performance. Major trends in the forecast period include rising adoption of predictive maintenance and asset monitoring, growing focus on reliable infrastructure and facility safety, increasing outsourcing of technical building management services, expansion of integrated building maintenance solutions, rising demand for energy efficient mechanical and electrical systems.

The fast-expanding hospitality sector is expected to drive the growth of the hard services facility management market in the coming years. The hospitality sector includes businesses and services associated with accommodation, food and beverages, entertainment, travel, and tourism. The expansion of the hospitality industry is driven by factors such as increasing globalization, higher disposable incomes, and a rising demand for travel and leisure activities. Hard services facility management within the hospitality sector supports the effective operation and upkeep of essential infrastructure, including plumbing, HVAC, and electrical systems, thereby improving guest comfort and safety. For example, in November 2023, according to the United Nations World Tourism Organization (UNWTO), a Spain-based global tourism organization, international tourist arrivals from January to September 2023 reached 975 million, representing a 38% increase compared with the same period in 2022. Therefore, the rapid growth of the hospitality sector is fueling the expansion of the hard services facility management market.

Major companies in the hard services facility management market are developing innovative services, such as digital platforms, to enhance operational efficiency, improve predictive maintenance, and provide real-time monitoring and analytics. A digital platform is an integrated software solution for managing, monitoring, and maintaining a building's physical assets. For instance, in September 2023, Johnson Controls International PLC, an Ireland-based building technology company, launched a new OpenBlue service called Ensuring Security Device Performance. This service helps customers enhance building safety, manage risk, and maximize the value of their security technology investments. It combines Johnson Controls' OpenBlue suite of connected solutions with the ability to monitor and manage security devices across vendors, providing remote support services and insights from skilled engineers, along with integrated zero-trust cybersecurity protection. The service aims to proactively maintain and update customers' security systems to ensure they remain operational, compliant, and secure from cyber threats.

In March 2023, Apleona Group GmbH, a Germany-based real estate and facility services company, merged with Gegenbauer Group to strengthen its position in facility management. This transaction will bolster Apleona's role as an integrated facility management provider to industrial companies, financial institutions, and institutional real estate investors, particularly in the field of soft services. Gegenbauer Group is a Germany-based company specializing in hard service facility management.

Major companies operating in the hard services facility management market report are Siemens AG, Vinci SA, Bouygues SA, Veolia Environnement, CBRE Group Inc., Johnson Controls International plc, Jones Lang LaSalle Incorporated, Jacobs Solutions Inc., Skanska Group, AECOM, EMCOR Group Inc., Cushman & Wakefield, Balfour Beatty plc, ABM Industries Incorporated, KBR Inc., ENGIE Services, Mitie Group plc, Serco Group plc, Capita plc, Carillion Alawi LLC.

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

The hard services facility management market includes revenues earned by entities from providing services such as plumbing services, fire safety systems, elevator and escalator maintenance, and ground maintenance. 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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