TECHGuru

  North America Facilities Management Market: Snapshot The North America facilities management market is benefitting from increasing business practices of engaging third-party for support services. Business are increasingly outsourcing facility management pursuits to focus on core business functions and save valuable time of employees from being used for non-core business functions. Thus, outsourcing helps businesses gain in the long run. On the flip side, however, nonexistence of standard parameters at global level in order to gauge the performance and quality of services is slowing the growth of facilities management market. Factors such as surging labor costs during the tenure of long-term contracts is leading companies to make short-term or single contracts. This is having a negative influence on the growth of North America facilities management market . Owing to a myriad favorable factors, North America facilities management market is poised to clock a healthy 13.6% CAGR over...