Facility management industry - statistics & facts

Facility management (FM) is a professional interdisciplinary business function that serves to coordinate demand and supply of facilities and services within public and private organizations through the integration of people, systems, places, processes, and technology. One of the main areas of facility management involves the management of physically built environments, commonly referred to as “hard FM”. This area focuses on maintenance of work spaces, buildings and other infrastructures. It may also include planning, design, workplace, construction, lease, occupancy, operations and maintenance, furniture and cleaning. When based off market capitalization, Cintas Corporation was the leading facility services provider worldwide in 2023.

Outsourcing in U.S. and UK markets

In the United States and the United Kingdom, outsourcing has been a popular option for the facility management industry, both in-house and out. The task that facility managers most outsourced in the United States in 2023 was bird or pest control, with fire and/or water damage restoration also featuring high up in the list. The outsourcing of facility managements in the United Kingdom has been somewhat different, with the UK government offering very lucrative contracts to top facility management companies that are recorded as being worth almost 500 million British pounds come the first quarter of 2025.

An essential and lucrative industry

In 2030, the market size of the facility management industry has been predicted to reach more than two trillion U.S. dollars. The revenue of Aramark, one of the leading facility management companies worldwide, reached a record high in 2023, and has shown no signs of slowing down. France-based company Sodexo also had a record-breaking year when it came to finances, as their on-site services revenue increased noticeably within their North American operations.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Jan 10, 2024

Key insights

Facility management market size worldwide
1.29tr USD
Market capitalization of Cintas Corporation
49.03bn USD
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Editor’s Picks Current statistics on this topic

Leading facility services providers worldwide as of the third quarter of 2023, by market capitalization (in billion U.S. dollars)

Business Services

Market capitalization of leading facility services providers worldwide Q3 2023

Revenue of Sodexo worldwide from 2015 to 2023 (in billion euros)

Facility Management

Revenue of Sodexo worldwide from 2015 to 2023

Number of Sodexo employees worldwide from 2007 to 2023

Facility Management

Number of Sodexo employees worldwide 2007-2023

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