Key Insights on North America Facilities Management Market Evolution Covering Factors and Trends Forecasted till 2024

A new research study titled “Facilities Management Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2024” has been added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the research study, the North America Facilities Management Market is likely to grow at a CAGR of 13.6% during the assessment period 2017-2024.

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The North America facilities management market is benefitting from increasing business practices of engaging third-party for support services. Business are increasingly outsourcing facility management pursuits to focus on core business functions and save valuable time of employees from being used for non-core business functions. Thus, outsourcing helps businesses gain in the long run.

On the flip side, however, nonexistence of standard parameters at global level in order to gauge the performance and quality of services is slowing the growth of facilities management market. Factors such as surging labor costs during the tenure of long-term contracts is leading companies to make short-term or single contracts. This is having a negative influence on the growth of North America facilities management market.

North America Facilities Management Market: Scope of Study

Included in the report is a competitive dashboard that provides valuable insights on market positioning and winning strategies of key players in North America facilities management market. The section also profiles key players based on their distinguishing business attributes, followed by insights into their growth strategies, market positioning, and recent developments. This is to enhance understanding of competitive scenario of North America facilities management market which is currently fragmented.

The research report provides an in-depth analysis of North America facilities management market based on service type, industry, and region.

North America Facilities Management Market: Research Methodology

The report employs bottom-up approach to estimate values for each segment. Top-down approach has been employed to re-validate the values estimated in the secondary research phase. Macro-economic indicators such as GDP, financial services industry output, infrastructure/Capex spending, and government regulations have been analyzed in the secondary research phase.

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In the primary research phase, analysts conducted internal primary, face to face interviews, telephonic interviews, and mail based surveys. Target audience reached out to include but is not limited to opinion leaders, industry experts, process owners, distributors, traders, manufacturers, and system integrators. The primary research phase was split into survey planning, survey design, survey management, response filtering, and data validation.

North America Facilities Management Market: Competitive Dashboard

Under the competitive landscape section, the report provides an overview of players operating in the market. It includes insights into winning strategies employed by them and revenue earned by each of them in the recent past. This is used to analyze competitive strategies for the future based on which revenue that will be earned by each player will be estimated.

Key players profiled in the North America facilities management market include Bilfinger HSG Facility Management GmbH, Compass Group plc, Ecolab USA Inc., G4S plc, Mities Group plc, Cofely, Cresa LLC, GDI Integrated Facility Services, IISS World Services A/S, and Sodexo Inc.

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