The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Facilities Support Services Global Market Report 2023, the facilities support services market is expected to show significant growth in the forecast period.

Key insights from the facilities support services market forecast include:

1. Market Size

The worldwide facilities support services market is projected to increase from $165.95 billion in 2022 to $183.15 billion in 2023, with a 10.4% CAGR. By 2027, the market is anticipated to reach $261.87 billion, growing at a 9.4% CAGR.

2. Major Driver

The facilities support services market has expanded with the increase in multinational companies (MNCs). For instance, India saw 124 new foreign company registrations in 2019-20, up from 118 in 2018-19. In 2020, India had over 40,000 MNCs with roughly a quarter-million overseas affiliates. The USA recorded a 95% rise in new business applications in 2020, while France observed a 20% increase in startup applications compared to the previous year. Therefore, the rising number of companies and MNCs is expected to propel the facilities support services market’s growth.

View More On The Facilities Support Services Market Report 2023 – https://www.thebusinessresearchcompany.com/report/facilities-support-services-global-market-report

3. Key Trend

Facilities support activities firms adopt tech for efficient candidate management. Features like passive tracking, email integration, and candidate databases reduce recruitment time, enhance placements, and boost client relationships. Recruitment analytics software also yields valuable insights. In North America, 64% employ ATS for candidate tracking, and 60% use CRM systems for business development.

4. Major Players

Major players in the facilities support services market are Jones Lang LaSalle Inc., Sodexo, CBRE Group, ISS A/S, Cushman & Wakefield Inc., Atalian Servest, Emcor Group, Alstom SA, ABM Industries Inc., Grupo ACS.

5. Top Market Segments

The global facilities support services market is segmented –

1) By Type: Maintenance Services, Security & Guard Services, Reception Services, Other Facilities Support Services

2) By Mode: Online, Offline

3) By Deployment Type: On-Premise, Cloud

Request A Sample Of The Global Facilities Support Services Market Report 2023:

https://www.thebusinessresearchcompany.com/sample.aspx?id=2225&type=smp

The Facilities Support Services Global Market Report 2023  provides an in-depth analysis on the facilities support services market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the facilities support services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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