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Facility management services market in North America: Growth in infrastructure development.
Rising construction activities will result in an increased demand for facility management services in North America. Advances in the construction sector will play a vital role in generating increased demand for outsourcing facility management services. For instance, Airbus SAS (Airbus) announced the opening of its new A220 production facility in the US. The construction of commercial buildings is increasing, especially in the services and financial sector. Increasing urbanization has resulted in the growth of several residential and office buildings in and around Toronto. Retail spaces are predicted to shrink while multi-purpose buildings consisting of commercial and recreational centers will increase during the forecast period.
“The rising levels of outsourcing in building management and value proposition offered to building owners will further boost market growth during the forecast period”, says a senior analyst at Technavio.
Key Questions Answered in the Report:
- Which are the leading segments in the facility management services market in North America?
- What are the major challenges inhibiting the growth of the facility management services market in North America?
- What are the key trends and opportunities pertaining to the facility management services market in North America?
- Who are the…
