The Global Facilities Management Market is Projected to Reach US$1.2 Trillion by 2024
Increasing Commercial Construction Activity to Drive Growth in the Global Facilities Management Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Facilities Management market. The global Facilities Management market is projected to reach US$1.2 trillion by 2024 , driven mainly by the increasing focus on reducing operational and maintenance costs of buildings and growing trend toward outsourcing of facility management services. Facilities management (FM) is the provision and management of services that support the principal/core activities of an organization. FM services offer numerous advantages including integration of business-related information over a single platform, enabling cost-effective processes in the business, implementation of smart IT systems, and enabling maintenance of complete compliance of the organization...