The Global FM Market is divided into 3 segments: Single Service (65%), Bundles Service (23%), and Integrated Facilities Management (12%). Most business service companies are small businesses, comprising 99% of total.
Facilities Management (FM)
Janitorial and landscaping are two FM services most commonly outsourced. As per industry, banking has the most demand at 49%, followed by healthcare at 39%. Pharmaceutical and Energy industries follow with 36% and 34%, respectively.
Integrated Facilities Management (IFM)
To date, the North American FM Market is valued at $ 164 billion. It also has the largest IFM market valued at $27.6 billion. By 2017, it’s expected to reach $43.4 billion. In Europe on the other hand, 30% of the IFM revenue is generated by the healthcare sector. Providers can either be vendor-managed, self-perform, or a hybrid of the two.
Did you know that 13.8 billion sq.ft of building space is LEED Certified? Currently, there are over 72,500 LEED Projects in more than 150 countries.