Global Market Size
Projected to reach $1.80T in 2025
US Market Size
Growing to $422.8B by 2030 (2.93% CAGR)
Commercial Buildings
97 billion square feet in US
Downtime Cost
Up to $2.3M per incident
FM Market Growth Projection
Cost Challenges in the FM Industry
Wrench Time
18 - 35%
Average productive work time
Monthly Outages
69%
Facilities Affected Monthly
Cost Reduction
10 - 40%
Through Predictive Maintenance