The Facilities Support Services industry in the US is projected to see a steady growth in gross output from $43.76 billion in 2024 to $47.3 billion in 2028. This represents a year-on-year growth rate of approximately 2.08% on average. The industry stood at $42.85 billion in 2023. Observing these forecasts, the compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to be around 1.96%.

Future trends to watch for in this industry include:

Increased integration of technology and automation in facilities management, enhancing efficiency and service delivery.
Growing emphasis on sustainability practices, with a shift towards energy-efficient and eco-friendly operations.
Potential market expansion driven by demands in public sector contracts and infrastructure developments.
Adaptation to remote work trends influencing facility space optimization and related services.