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Global Hard Services Facility Management Market Overview 2033 : Forecasted Market Size And Growth Rate | Siemens AG, Vinci SA, Bouygues SA, Veolia Environnement, Compass Group, CBRE Group Inc., Johnson Controls International plc., Sodexo Group, Jone
Hard Services Facility Management Global Market Report 2024
As per the report, the hard services facility management market size has grown strongly in recent years. It will grow from $609.12 billion in 2023 to $644.31 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The hard services facility management market size is expected to see strong growth in the next few years. It will grow to $810.73 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.
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What Is Driving The Growth Of The Global Hard Services Facility Management Market?
Hospitality Sector Boom Fuels Growth In Hard Services Facility Management Market
The rapidly growing hospitality sector is expected to propel the growth of the hard services facility management market going forward. The hospitality sector refers to the sector of the economy that encompasses businesses and services related to accommodation, food and beverage, entertainment, travel, and tourism. The growth of the hospitality industry can be attributed to increasing globalization, rising disposable incomes, and the growing demand for travel and leisure experiences. Hard services facility management in the hospitality sector ensures the efficient operation and maintenance of critical infrastructure such as plumbing, HVAC systems, and electrical systems, enhancing guest comfort and safety
What Is The Key Trend In The Global Hard Services Facility Management Market?
Advancements In Digital Platforms Transforming Hard Services Facility Management
Major companies operating in the hard services facility management market are focused on developing innovative services, such as digital platforms, to enhance operational efficiency, improve predictive maintenance, and offer real-time monitoring and analytics. A digital platform refers to integrated software solutions that facilitate the management, monitoring, and maintenance of a building's physical assets.
How Is The Global Hard Services Facility Management Market Segmented?
The hard services facility management market covered in this report is segmented -
1) By Type: Mechanical, Electrical, Plumbing (MEP) Heating, Ventilation, and Air Conditioning (HVAC) Maintenance Services, Enterprise Asset Management
2) By Service Type: Outsourced, In-house
3) By Industry Vertical: Healthcare, Government, Education, Military And Defense, Real Estate, Other Industry Verticals
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How Is The Competitive Landscape Of The Global Hard Services Facility Management Market?
Major companies operating in the hard services facility management market are Siemens AG, Vinci SA, Bouygues SA, Veolia Environnement, Compass Group, CBRE Group Inc., Johnson Controls International plc., Sodexo Group, Jones Lang LaSalle Incorporated, G4S plc, Aramark, Jacobs Solutions Inc., Skanska Group, AECOM, EMCOR Group Inc., Cushman & Wakefield, Balfour Beatty plc, ABM Industries Incorporated, KBR Inc., Serco Group plc, Mitie Group plc, Capita plc, Carillion Alawi LLC, ENGIE Services, ISS Facility Services
Contents Of The Global Hard Services Facility Management Market
1. Executive Summary
2. Hard Services Facility Management Market Report Structure
3. Hard Services Facility Management Market Trends And Strategies
4. Hard Services Facility Management Market - Macro Economic Scenario
5. Hard Services Facility Management Market Size And Growth
…..
27. Hard Services Facility Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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