The services to buildings and dwellings global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Services to Buildings And Dwellings Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The services to buildings and dwellings market size has grown strongly in recent years. It will grow from $1033.43 billion in 2023 to $1136.04 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to construction and real estate boom, urbanization, population growth, property ownership.
The services to buildings and dwellings market size is expected to see strong growth in the next few years. It will grow to $1639.23 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to sustainability and energy efficiency, technology integration, aging infrastructure, remote work and telecommuting. Major trends in the forecast period include smart building technologies, aging infrastructure and renovation, green building practices, property technology (proptech).
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Scope Of Services to Buildings And Dwellings Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Services to Buildings And Dwellings Market Overview
Market Drivers –
An increase in the incidence of pests and bugs in households is expected to propel the growth of the services to buildings and dwellings market. Pests and bugs such as ants, termites, roaches, and mosquitos amongst others are a cause for concern for people since the hazards these pose such as termites can wreak structural damage that can be expensive to fix while mosquitoes and ticks can act as disease vectors, and result in serious health ailments. Further, other pests such as cockroaches and rodents can spread diseases like salmonella and rat bite fever, as well as cause allergies and asthma, generating demand for buildings and dwelling services. For example, according to the 2021 American Housing Survey (AHS), a survey conducted by the U.S. Census Bureau, a US-based government agency, there have been 2.9 million reported sightings of both roaches and rodents in homes across the US and 14 million of the approximately 124 million occupied housing units in the US reported seeing roaches in their homes during the last 12 months. Therefore, the increase in the incidence of pests and bugs in households is expected to drive the services to buildings and dwellings market going forward.
Market Trends –
Companies providing services to buildings and dwellings are increasingly using IoT technology for easy monitoring and maintenance of client sites. IoT helps facility managers to monitor deficiencies in the system and provides information about building and ongoing processes with help of video surveillance and motion sensors. With automation and control connected to a single device and intra-device communication, monitoring and finding issues in the client site becomes easy. IoT devices placed in buildings are programmed to raise red flags upon system failures and enable service providers to respond promptly avoiding major breakdowns. Amazon Web Services (AWS) introduced IoT device management and offers customized software development and systems for the same. This system makes it easy to register, organize, monitor, and remotely manage IoT devices at scale. In this setting, firms can register intra-communication devices individually or in bulk, and manage permissions so that devices remain secure.
The services to buildings and dwellings market covered in this report is segmented –
1) By Type: Exterminating And Pest Control Services, Janitorial Services, Landscaping Services, Carpet And Upholstery Cleaning Services, Other Services to Buildings And Dwellings
2) By Mode: Online, Offline
3) By Application: Commercial, Industrial, Governmental, Institutional, Residential, Municipal
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Regional Insights –
North America was the largest region in the services to buildings and dwellings market in 2023. Asia-Pacific was the second-largest region in the services to buildings and dwellings market. The regions covered in the services to building and dwellings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies –
Major companies operating in the services to buildings and dwellings market include ABM Industries Inc., Rentokil Initial Plc, BrightView Holdings Inc., Rollins Inc., ServiceMaster Company LLC, TruGreen Inc., Mitie Group PLC, Davey Tree Expert Company, Vonovia SE, Chemed Corp, Collins Building Services Inc., Jones Lang LaSalle Inc., Cushman & Wakefield Plc, CBRE Group Inc., Compass Group plc, Sodexo SA, Aramark Corporation, Mitie Group plc, International Service System World, G4S plc, Allied Universal Security Services LLC., Ugl Engineering Private Limited, ATALIAN Global Services Inc., BGIS Global Integrated Solutions Canada LP, Bilfinger SE, Engie SA, Eurest Services, Facilitysource LLC, GDI Integrated Facility Services Inc., Johnson Controls International plc, KBR Inc., OCS Group Limited, SNC-Lavalin Group Inc., Veolia Environnement SA, Waste Management Inc., Republic Services Inc., Waste Connections Inc., Advanced Disposal Services Inc., Casella Waste Systems Inc. .
Table of Contents
1. Executive Summary
2. Services to Buildings And Dwellings Market Report Structure
3. Services to Buildings And Dwellings Market Trends And Strategies
4. Services to Buildings And Dwellings Market – Macro Economic Scenario
5. Services to Buildings And Dwellings Market Size And Growth
…..
27. Services to Buildings And Dwellings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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