LONDON–(BUSINESS WIRE)–According to the latest market research report released by Technavio, the facility management services market in North America is expected to accelerate at a CAGR of almost 14% during the forecast period. Continued investment in building and related technologies is one of the key factors triggering the growth of the market.
This research report titled ‘Facility Management Services Market in North America 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the facility management services market in North America into the following applications:
- Soft services
- Hard services
In 2017, the soft services segment accounted for 67.80% of the global market and is projected to decline to 67.75% by 2022, exhibiting almost 0.05% decrease in market share.
Facility management services market in North America: Top emerging trend
The emergence of office-as-a-service (OaaS) model is a major trend being observed in the market. Workplace dynamics are changing with the evolution of the office-as-a-service model. The modern workplaces are becoming more flexible in terms of layout and timings, putting greater emphasis on workforce than the workplace. With the cost of office space rising, companies are trying to reduce overheads by working together in the same office.
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Technavio’s report provides expert market research on the following topics:
- Market Outline
- Facility Management Services Market in North America Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (US, Canada, and Mexico)
- Market segmentation by application (soft services and hard services)
- Market segmentation by end-user (commercial buildings, government buildings, and residential buildings)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Aramark, CB Richard Ellis (CBRE), Compass Group, CUSHMAN & WAKEFIELD, ISS, and Macro)
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