According to Organic Market Research, South Korea Facility Management Market Share was USD 14.2 billion in 2023 and the market is projected to touch USD 20.74 billion by 2032, at a CAGR of 4.3% during the forecast period. The market is expected to witness robust growth as businesses continue to prioritize efficiency, sustainability, and innovation.
The South Korea Facility Management Market Size is rapidly evolving, driven by the increasing need for efficient, technology-driven solutions in building maintenance and management. As urbanization accelerates and smart building technologies gain traction, the demand for professional facility management services has grown significantly across various sectors, including commercial, residential, industrial, and government.
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Market Segmentation
By Type
- Outsourcing Facility Management (Single FM, Bundled FM, Integrated FM)
- In-house Facility Management
By Offering Type
- Soft FM
- Hard FM
By End-User
- Public/Infrastructure
- Commercial
- Institutional
- Industrial
Customization Scope
- Available upon request
Pricing
- Available upon request
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South Korea Facility Management Market Trends
Key Players in the Market
The major players in the market are Samsung C&T Corp., SK E&C Co., Ltd., JLL (Jones Lang LaSalle) Inc., CBRE Group Inc., ISS Facility Services Inc., Sodexo S.A., Cushman & Wakefield Inc., Atalian Global Services, Apleona GmbH, G4S Facilities Management, and ABM Industries Inc.
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