How big is the FM market in the UK?

As per our bottom-up analysis, the UK FM market size is around $48.8 billion with 80% data robustness on the basis of Annual Contract Value.

How big is the Facility Management market in the UK?

UK Facilities Management Market Analysis

The UK Facility Management Market size is estimated at USD 69.28 billion in 2024, and is expected to reach USD 75.19 billion by 2029, growing at a CAGR of 1.65% during the forecast period (2024-2029).

How big is the FM market?

The global Facility Management market size was valued at USD 15201.84 million in 2021 and is expected to expand at a CAGR of 9.11% during the forecast period, reaching USD 25650.41 million by 2027.

How much does FM contribute to the UK economy?

The facilities management sector contributes more than £65 billion to the UK economy. Of this, around £13 billion comes directly from public sector procurement.

How big is the facilities management industry?

The United States Facility Management Market size is estimated at USD 267.79 billion in 2024, and is expected to reach USD 370.75 billion by 2029, growing at a CAGR of 6.72% during the forecast period (2024-2029).

A Peek Into UK'S Soft FM Market

What is the largest FM company in the UK?

Largest Facilities Management Company in the UK | Sodexo.

How big is the facility services market?

KEY MARKET INSIGHTS

The global facility management market size was valued at USD 1,260.0 billion in 2022. The market is projected to grow from USD 1,291.6 billion in 2023 to USD 2,031.4 billion by 2030, exhibiting a CAGR of 6.7% during the forecast period.

What is the biggest contributor to the UK economy?

In 2022, agriculture contributed around 0.76 percent to the United Kingdom's GDP, 16.68 percent came from the manufacturing industry, and 72.17 percent from the services sector. The vast majority of the UK's GDP is generated by the services sector, and tourism in particular keeps the economy going.

Which industry contributes most to UK economy?

The services sector—which comprises many industries including finance, retail, and entertainment—accounts for 80% of the U.K.'s economic activity, while manufacturing and construction account for about 16%.

How much is the music industry worth in the UK?

Music industry's contribution to UK economy was £6.7 billion (GVA) in 2022.

Why is FM so popular?

FM broadcasting offers higher fidelity—more accurate reproduction of the original program sound—than other broadcasting techniques, such as AM broadcasting. It is also less susceptible to common forms of interference, having less static and popping sounds than are often heard on AM.

How much does a head of facilities make in the UK?

The average salary for Head of Facilities is £60,499 per year in the United Kingdom.

What is the outlook for facilities management?

The global Facility Management market size was valued at USD 15201.84 million in 2021 and is expected to expand at a CAGR of 9.11% during the forecast period, reaching USD 25650.41 million by 2027.

What are the 3 biggest industries in the UK?

The UK's economy is dominated by services industries, which include retail, hospitality and finance, as well as public services like health and education.

What are the top 3 industries in the UK?

Is Japan richer than UK?

GDP per capita: Japan: Ranks 30th with a GDP per capita of approximately $33,950 (2023). UK: Ranks 34th with a GDP per capita of approximately $32,120 (2023).

How rich is the UK in the world?

The United Kingdom constitutes 2.3% of world GDP by purchasing power parity (PPP). London is the heart of the United Kingdom's economy and the second-largest financial centre in the universe behind New York City.

How much debt is the UK in?

Main points. UK general government gross debt was £2,636.9 billion at the end of Quarter 2 (Apr to June) 2023, equivalent to 101.2% of gross domestic product (GDP). UK general government deficit (or net borrowing) was £63.5 billion in Quarter 2 2023, equivalent to 9.5% of GDP.

How big is the MDM market?

The mobile device management market size was valued at USD 7.26 billion in 2022 and is projected to grow from USD 9.38 billion in 2023 to USD 58.38 billion by 2030, exhibiting a CAGR of 29.8% during 2023-2030. North America dominated the global market with a share of 40.08% in 2022.

How do you market facility management services?

How big is the BMS market?

The global Battery Management System (BMS) market size was valued at USD 10819.95 Million in 2022 and will reach USD 15948.81 Million in 2028, with a CAGR of 6.68% during 2022-2028.

What is the future of FM radio in the UK?

The UK's government has published a look at the future of analogue radio. No FM switchoff until at least 2030, it says - that is, no mandated FM switchoff, though some broadcasters may come off FM earlier in favour of DAB.

What is the most listened to radio station in the UK?

The number 1 radio station in the UK, based on listeners population, is BBC Radio 2. The radio station began in 1967, at the same time as Radio 1 and 4. Currently, about 15.3 million listeners tune in to Radio 2 each week. The channels offer popular music, news broadcasts, competitions, and several exciting shows.