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The global integrated facilities management market is growing and is expected to witness a healthy growth in the coming years as well. The leading regions in the market include the United States, Australia, the United Kingdom, France, Germany, New Zealand, and Spain. The facilities management market significantly drives the growth of the integrated facilities management market. The facility management markets in North America, as well as Europe, grew at a healthy rate in 2019. The North America facility management market is majorly being driven by its end-use industries like pharmaceutical, oil, gas, CPG, BSFI, chemical, etc. The increasing multinationals in regions like the Asia Pacific are resulting in a surplus demand for outsourced facility management market. The rapidly growing economies of these regions are also propelling the market growth of integrated facilities management.
In 2018, CBRE (NYSE: CBRE), one of the key players, announced its acquisition of a Kentucky-based consulting firm, named Noveen Consulting. Noveen is focussed on providing healthcare facilities. It helps healthcare owners optimise the economics of operating as well as owning healthcare facilities. Noveen Consulting’s acquisition will enable the expansion of CBRE’s healthcare facility management portfolio.
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The major key players in the global integrated facilities management market include Jones Lang LaSalle, IP, Inc., Sodexo, ISS Facility Service, CBRE, and Compass Group PLC, among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions and capacity expansions.
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