Facilities Management Market - Rising Adoption of Outsourced Services to Bode Well for Market Growth

The facilities management market in Poland is highly fragmented and competitive, served by a strong base of international and domestic service providers, observes Transparency Market Research in a recent report. Key facilities management companies with their operations spread across the globe collectively held a share of 47.3% in the Poland market in 2015. In the same year, notable service providers in the facilities management arena with their services confined within the country accounted for the rest.

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Transparency Market Research states that the Poland market for facilities management will exhibit a remarkable 9.7% CAGR over the period between 2016 and 2023. As a result, the market, which valued at US$14.34 bn in 2015, is expected to hold an opportunity of US$32.62 bn by 2024. Of the key end-use sectors employing facilities management services, the corporate sector accounts is the leading revenue contributor to the Poland facilities management market and is expected to account for a nearly 19% of the market in 2016.

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The Poland facilities management market is primarily driven due to the vast rise in demand for outsourced services to manage and increase productivity across the corporate, manufacturing, retail, and industrial sectors. The increased adoption of outsourced facilities management services across these sectors in Poland is expected to have a medium impact on the growth of the market in the short and medium term of the forecast period but high impact in the long term.

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This release was published on openPR.