How Big Is the Facility Management Market | Outlook & Size 2025

Q: How big is the facility management market?

The facility management market is projected to reach approximately USD 1800 billion by 2031.

Q: What is the CAGR of the facility management market during the forecast period?

The facility management market is expected to grow at a CAGR of 6% from 2025 to 2031.

Q: Which facility services are in highest demand worldwide?

Maintenance and operations, cleaning services, security services, and HVAC management are among the most demanded services.

Q: What technologies are transforming the facility management industry?

IoT, artificial intelligence, digital twins, and cloud-based management platforms are transforming operational capabilities.

Q: What challenges does the facility management industry face?

Labor shortages, cybersecurity threats in smart buildings, and rising pressure for sustainability compliance are key challenges.

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: MTA6016

Publication Date: Jul 2025

How big is the facility management market?

According to 6Wresearch internal database and industry insights,the Global facility management market was valued at approximately USD 1300 billion in 2024 and is projected to reach USD 1800 billion by 2031, growing at a CAGR of 6% during the forecast period.

The market is witnessing strong growth owing to increased outsourcing of non-core operations, rising demand for integrated facility services, and the focus on sustainability and energy efficiency in commercial buildings. The digitalization of building maintenance and adoption of IoT and smart technologies are also contributing to growth across sectors such as real estate, healthcare, IT, and manufacturing.

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Key Growth Factors of the Facility Management Market

Rising need for energy-efficient and sustainable building operations
Increasing adoption of integrated facility management (IFM) services
Outsourcing of non-core functions in corporate and public sectors
Urban infrastructure growth and increasing number of commercial spaces
Technological advancements like AI and IoT in building management
Government regulations on workplace health, safety, and sustainability

Facility Management Market Trends

The market is shifting toward predictive and preventive maintenance, powered by real-time data analytics and smart building solutions. There is growing adoption of CAFM (computer-aided facility management) platforms and demand for single-vendor integrated services. The focus is also increasing on green buildings and sustainability-driven facilities operations.

Emerging Developments in the Facility Management Market

Emerging developments in the facility management market include the rise of AI-driven automation in HVAC and lighting, use of digital twins for asset tracking, and deployment of robotics for cleaning and security services. Companies are also developing cloud-based platforms for remote facility monitoring, enhancing operational efficiency and user experience.