Global FM market on track to hit USD 279bn by 2032

Published: June 8, 2026

FMJ

The facilities management market grew from USD 156bn in 2025 to USD 170bn in 2026 and is forecast to reach USD 279bn by 2032, an 8.62% CAGR. Growth is being driven by a shift to agile, tech-enabled service models, with hybrid work, board-level sustainability and regional cost pressures reshaping how FM is bought and delivered.

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