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Global Facilities Support Services Markets Report 2021 with

Global Facilities Support Services Markets Report 2021 with Sodexo; Compass Group; ISS A/S; CBRE Group and Aramark Dominating
May 28, 2021 04:58 ET
| Source:
Research and Markets
Research and Markets
Dublin, IRELAND
ResearchAndMarkets.com s offering.
The global facilities support services market is expected to grow from $155.26 billion in 2020 to $170.77 billion in 2021 at a compound annual growth rate (CAGR) of 10%.
The market is expected to reach $235.38 billion in 2025 at a CAGR of 8%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. ....

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Canada Facility Management Markets Report 2021: Market Stood at $32.17 Billion in 2020 and is Forecast to Grow at a CAGR of Over 6.35% to 2026

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The Canadian Facility Management Market stood at USD32.17 billion in 2020 and is forecast to grow at a CAGR of over 6.35% until 2026.
Growth in the facility management market is driven by growing housing market, smart cities development and rapid infrastructure development in the country. Furthermore, booming Internet of Things (IoT) market, integration of facility management in building design and increasing demand for cyber and information security management is expected to positively influence the Canadian Facility Management Market in the coming years.
Based on services, the market is segmented into property, cleaning, security, catering, support and others. Cleaning services dominated the market in 2020 and is expected to maintain its market dominance during the forecast period, backed by growth in the country s industrial and commercial sectors. ....

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