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The Global Facility Management Market is projected to grow at a CAGR of 5.0% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 1234.55 Billion in 2020 and is expected to reach USD 1759.25 Billion by the end of the forecast period. The market is driven by technological advancements such as IoT, AI, and cloud-based solutions, as well as infrastructure development and the increasing demand for energy-efficient buildings. Key players in the market include CA Technologies, IBM Corporation, Oracle Corporation, SAP SE, Archibus, Trimble, Accruent, Planon, FM: Systems, iOffice, and Planon.
