Facilities Management Market Is Estimated to Be Valued at US$1,887 Bn by 2024
The vendor landscape of the facilities management (FM) market is characterized by the presence of industry leaders Sodexo, Inc. and ISS World Services A/S. Transparency Market Research reveals that these two companies, along with Broadspectrum (Australia) Pty Limited and Bilfinger HSG Facility Management GmbH, together accounted for only 28% of the global market in 2015, indicating that there is significant scope for other service providers to strengthen their position in the FM services market.
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