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Facilities Management Services Procurement 2030 - Charting the Future

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Facilities Management Services Category - Procurement Intelligence Witness the meteoric rise of the global facilities management (FM) services arena, set to soar at a staggering 12% CAGR from 2023 to 2030. Embracing the dawn of innovation, hard facilities management specialists are transitioning from manual to cutting-edge solutions, particularly in areas like security and fire safety. The spotlight is on tackling surging energy costs, meeting imperative ESG targets, and embarking on decarbonization initiatives, fueling the fervor for energy management solutions which have become the talk of the town in 2023. Look up for a workplace revolution as per Grant Thornton's 2022 findings! The dynamics of the workplace are metamorphosing, driving an uptick in demand for office makeovers. Fabric maintenance, fit-outs, and refurbishments witnessed a whopping 14 deals in 2022, a stark contrast to the meager four deals in 2021. Meanwhile, HVAC facilities management notched up 12 deals in 202...