Facility Management Market Size | Industry Trends & Forecast 2025

Q: What is the estimated size of the facility management market by 2031?

The market is projected to exceed USD 97.8 billion by the end of 2031.

Q: What are the factors proliferating the facility management market?

The growth is being proliferated by growing urban infrastructure and increasing demand for integrated facility services.

Q: What are the key trends in the facility management market?

The facility management market is witnessing trends such as incorporation of IoT, cloud computing, and digital twin technologies.

Q: In what ways are smart technologies reshaping facility management?

Smart technologies like IoT sensors, and cloud dashboards enable real-time facility control and predictive maintenance strategies.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA4928

Publication Date: Jul 2025

What is the Facility management market size?

According to 6Wresearch internal database and industry insights, the Global Facility Management Market was valued at USD 52.7 billion in 2024 and is projected to surpass USD 97.8 billion by 2031, advancing at a CAGR of 9.1% during the forecast period.

The market’s rapid expansion is driven by growing urban infrastructure, increasing demand for integrated facility services, rising focus on sustainability and energy efficiency, and the adoption of smart building technologies across commercial and industrial sectors.

Growth Factors of the Facility Management Market

A growing number of smart buildings and connected infrastructure across urban centers.
Enterprises are shifting toward bundled services for operational efficiency and cost savings.
Increasing government emphasis on infrastructure maintenance and public facility upkeep.
Adoption of IoT-based systems for real-time facility monitoring and predictive maintenance.
The need for standardized services across global locations for multinational companies.
Demand for sustainable practices such as energy-efficient HVAC, lighting, and waste management.

Facility Management Market Trends

The facility management market is witnessing major transformations through the incorporation of IoT, cloud computing, and digital twin technologies. Service providers are increasingly focused on automation, centralized dashboards, and real-time data analytics to deliver predictive and prescriptive maintenance. Integrated facility management (IFM) platforms are emerging as the backbone of efficient operations, helping clients manage energy use, occupancy, and asset lifecycles more effectively.

Emerging Developments in the Facility Management Market

There is a visible shift towards end-to-end digital platforms that unify cleaning, maintenance, security, energy, and workspace services. AI-powered tools are being used for occupancy analytics and space optimization. The post-pandemic focus on hygiene and indoor air quality has raised demand for specialized cleaning and health-compliance services. As hybrid work models redefine office usage, facility managers are leveraging real-time data to optimize resources and improve user experience. Additionally, ESG reporting and green certifications are becoming critical components of vendor evaluation.