
Facility Management Market Share, Size, Trends, Industry Analysis Report, By Service (In-house, Outsourced); By Type (Hard Services, Soft Service); By End-Use; By Region; Segment Forecast, 2022 - 2030
Description
The global facility management market size is expected to reach USD 252.65 billion by 2034, according to a new study by Polaris Market Research. The report “Facility Management Market Share, Size, Trends, Industry Analysis Report, By Service (In-house, Outsourced); By Type; By End-Use; By Region; Segment Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The adoption of the market is greater in North America as compared to other regions. Government organizations worldwide make significant investments in the building and infrastructure industries. The construction of new buildings, civil engineering, and the rehabilitation of existing ones are the main factors for the high growth of the industry in the region.
As a result, the industry is anticipated to be driven by the expansion of the infrastructure sector in a number of nations. Furthermore, there are plenty of prospects for obtaining contracts from the private sector, which expands the industry. One of the key reasons propelling the FM market is the rising demand for contract procurement from all over the world. There were very few worldwide agreements prior to the 2000s. Close to ten years ago, there were 30 to 50 worldwide contracts with an average annual income of USD 100 million – USD 500 million.
International contracts are continuing to increase today and are predicted to bring in more than USD 800 million in income. Furthermore, during the next four to five years, 15% to 20% of end-users globally plan to upgrade their facility service purchases and switch to an IFM contract.
In 2024, North America accounted for a significant 34.9% of the global market due to innovation and the implementation of advanced automation solutions.
Polaris Market Research has segmented the facility management market report based on type, service, end-use, and region:
Facility management, Type Outlook (Revenue - USD Billion, 2020 - 2034)
Hard Services
Soft Service
Facility management, Service Outlook (Revenue - USD Billion, 2020 - 2034)
In-house
Outsourced
Facility management, End-Use Outlook (Revenue - USD Billion, 2020 - 2034)
Retail and commercial
Industrial and manufacturing
governmental facilities and public organizations
Institutional
Others
Facility Management, Regional Outlook (Revenue - USD Billion, 2020 - 2034)
North America
o U.S
o Canada
Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
Asia Pacific
o China
o India
o Japan
o South Korea
o Indonesia
o Malaysia
Latin America
o Argentina
o Brazil
o Mexico
Middle East & Africa
o UAE
o Saudi Arabia
o Israel
o South Africa
The adoption of the market is greater in North America as compared to other regions. Government organizations worldwide make significant investments in the building and infrastructure industries. The construction of new buildings, civil engineering, and the rehabilitation of existing ones are the main factors for the high growth of the industry in the region.
As a result, the industry is anticipated to be driven by the expansion of the infrastructure sector in a number of nations. Furthermore, there are plenty of prospects for obtaining contracts from the private sector, which expands the industry. One of the key reasons propelling the FM market is the rising demand for contract procurement from all over the world. There were very few worldwide agreements prior to the 2000s. Close to ten years ago, there were 30 to 50 worldwide contracts with an average annual income of USD 100 million – USD 500 million.
International contracts are continuing to increase today and are predicted to bring in more than USD 800 million in income. Furthermore, during the next four to five years, 15% to 20% of end-users globally plan to upgrade their facility service purchases and switch to an IFM contract.
In 2024, North America accounted for a significant 34.9% of the global market due to innovation and the implementation of advanced automation solutions.
Polaris Market Research has segmented the facility management market report based on type, service, end-use, and region:
Facility management, Type Outlook (Revenue - USD Billion, 2020 - 2034)
Hard Services
Soft Service
Facility management, Service Outlook (Revenue - USD Billion, 2020 - 2034)
In-house
Outsourced
Facility management, End-Use Outlook (Revenue - USD Billion, 2020 - 2034)
Retail and commercial
Industrial and manufacturing
governmental facilities and public organizations
Institutional
Others
Facility Management, Regional Outlook (Revenue - USD Billion, 2020 - 2034)
North America
o U.S
o Canada
Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
Asia Pacific
o China
o India
o Japan
o South Korea
o Indonesia
o Malaysia
Latin America
o Argentina
o Brazil
o Mexico
Middle East & Africa
o UAE
o Saudi Arabia
o Israel
o South Africa
Table of Contents
138 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. U.S. Risk Management Market Insights
- 4.1. Risk Management Market – Market Snapshot
- 4.2. Risk Management Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Surge in Cybersecurity Incidents
- 4.2.1.2. Stringent Regulatory Compliance Frameworks
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High implementation costs
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Risk Management Market Trends
- 4.6. Value Chain Analysis
- 5. U.S. Risk Management Market, by Component
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Risk Management Market, by Component, 2020–2034 (USD Billion)
- 5.3. Solutions
- 5.3.1. U.S. Risk Management Market, by Solutions, 2020–2034 (USD Billion)
- 5.3.2. Risk Assessment & Analysis
- 5.3.2.1. U.S. Risk Management Market, by Risk Assessment & Analysis, 2020–2034 (USD Billion)
- 5.3.3. Risk Control & Monitoring
- 5.3.3.1. U.S. Risk Management Market, by Risk Control & Monitoring, 2020–2034 (USD Billion)
- 5.3.4. Risk Reporting & Analytics
- 5.3.4.1. U.S. Risk Management Market, by Risk Reporting & Analytics, 2020–2034 (USD Billion)
- 5.3.5. Others
- 5.3.5.1. U.S. Risk Management Market, by Encryption, 2020–2034 (USD Billion)
- 5.4. Services
- 5.4.1. U.S. Risk Management Market, by Others, 2020–2034 (USD Billion)
- 5.4.2. Professional Services
- 5.4.2.1. U.S. Risk Management Market, by Professional Services, 2020–2034 (USD Billion)
- 5.4.3. Managed Services
- 5.4.3.1. U.S. Risk Management Market, by Managed Services, 2020–2034 (USD Billion)
- 6. U.S. Risk Management Market, by Deployment
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Risk Management Market, by Deployment, 2020–2034 (USD Billion)
- 6.3. On-premise
- 6.3.1. U.S. Risk Management Market, by On-premise, 2020–2034 (USD Billion)
- 6.4. Cloud
- 6.4.1. U.S. Risk Management Market, by Cloud, 2020–2034 (USD Billion)
- 6.5. Network Security
- 6.5.1. U.S. Risk Management Market, by Network Security, 2020–2034 (USD Billion)
- 6.6. Endpoint Security
- 6.6.1. U.S. Risk Management Market, by Endpoint Security, 2020–2034 (USD Billion)
- 6.7. Application Security
- 6.7.1. U.S. Risk Management Market, by Application Security, 2020–2034 (USD Billion)
- 6.8. Cloud Security
- 6.8.1. U.S. Risk Management Market, by Cloud Security, 2020–2034 (USD Billion)
- 6.9. Operational Technology (OT) Security
- 6.9.1. U.S. Risk Management Market, by Operational Technology (OT) Security, 2020–2034 (USD Billion)
- 7. U.S. Risk Management Market, by Risk Type
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. U.S. Risk Management Market, by Risk Type, 2020–2034 (USD Billion)
- 7.3. Financial Risk
- 7.3.1. U.S. Risk Management Market, by Financial Risk, 2020–2034 (USD Billion)
- 7.4. Compliance Risk
- 7.4.1. U.S. Risk Management Market, by Compliance Risk, 2020–2034 (USD Billion)
- 7.5. Cybersecurity Risk
- 7.5.1. U.S. Risk Management Market, by Cybersecurity Risk, 2020–2034 (USD Billion)
- 7.6. Enterprise Risk
- 7.6.1. U.S. Risk Management Market, by Enterprise Risk, 2020–2034 (USD Billion)
- 7.7. Operational Risk
- 7.7.1. U.S. Risk Management Market, by Operational Risk, 2020–2034 (USD Billion)
- 7.8. Others
- 7.8.1. U.S. Risk Management Market, by Operational Risk, 2020–2034 (USD Billion)
- 8. U.S. Risk Management Market, by Organization Type
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. U.S. Risk Management Market, by Organization Type, 2020–2034 (USD Billion)
- 8.3. Large Enterprises
- 8.3.1. U.S. Risk Management Market, by Large Enterprises, 2020–2034 (USD Billion)
- 8.4. Small and Medium-sized Enterprises (SMEs)
- 8.4.1. U.S. Risk Management Market, by Small and Medium-sized Enterprises (SMEs), 2020–2034 (USD Billion)
- 9. U.S. Risk Management Market, by End Use
- 9.1. Key Findings
- 9.2. Introduction
- 9.2.1. U.S. Risk Management Market, by End Use, 2020-2034 (USD Billion)
- 9.3. BFSI
- 9.3.1. U.S. Risk Management Market, by BFSI, 2020-2034 (USD Billion)
- 9.4. IT & Telecom
- 9.4.1. U.S. Risk Management Market, by IT & Telecom, 2020-2034 (USD Billion)
- 9.5. Government, Defense, and Aerospace
- 9.5.1. U.S. Risk Management Market, by Government, Defense, and Aerospace, 2020-2034 (USD Billion)
- 9.6. Healthcare & Life Science
- 9.6.1. U.S. Risk Management Market, by Healthcare & Life Science, 2020-2034 (USD Billion)
- 9.7. Retail & Consumer Goods
- 9.7.1. U.S. Risk Management Market, by Retail & Consumer Goods, 2020-2034 (USD Billion)
- 9.8. Manufacturing
- 9.8.1. U.S. Risk Management Market, by Manufacturing, 2020-2034 (USD Billion)
- 9.9. Energy & Utilities
- 9.9.1. U.S. Risk Management Market, by Healthcare & Life Science, 2020-2034 (USD Billion)
- 9.10. Others
- 9.10.1. U.S. Risk Management Market, by Others, 2020-2034 (USD Billion)
- 10. Company Profiles
- 10.1. BitSight
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. FIS U.S.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Fiserv
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. IBM Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. LogicGate, Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. MetricStream
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Microsoft Corporation.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Moody's Corporation
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. NAVEX U.S.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Oracle Corporation
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Qualys, Inc.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Riskonnect, Inc.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. SAS Institute Inc.
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. ServiceNow
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
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