South Korea Facility Management Market to 2032
Overview
The South Korea Facility Management Market is expected to reach a 45.70 USD Billion by 2032 and is projected to grow at a CAGR of 8.93% from 2025 to 2032.
Revenue, 2024 (USD Billion)
26.51
Forecast, 2032 (USD Billion)
45.70
CAGR, 2024 - 2032
8.93%
Report Coverage
South Korea
South Korea Facility Management Market 2018-2032 USD Billion
South Korea Facility Management Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 26.51 USD Billion
- Projected Market Size (2032): 45.70 USD Billion
- CAGR (2025-2032): 8.93%
Key Findings of South Korea Facility Management Market
- The South Korea Facility Management Market was valued at 26.51 USD Billion in 2024.
- The South Korea Facility Management Market is likely to grow at a CAGR of 8.93% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Solution in Offering Segment accounted for the largest share of the market with a revenue of 16.56 USD Billion
- The fastest growing segment Banking, Financial Services, and Insurance (BFSI) in End-User Segment grew Fastest with a CAGR of 11.18% during the forecast period from 2024 to 2032.
South Korea Facility Management Market Scope
South Korea Facility Management Market Segmentation & Scope
End-User
- Others
- Media and Entertainment
- Government and Public Administration
- Manufacturing
- Construction and Real Estate
- Energy and Utilities
- IT and Telecom
- Banking, Financial Services, and Insurance (BFSI)
Function
- Asset Management
- Maintenance Management
- Real Estate Management
- Others
- Financial & Performance Management
- Building Systems
Facility Size
- Small Facilities
- Medium Facilities
- Large Facilities
Model
- In-House Facilities Management
- Outsourcing Facilities Management
Service Type
- Soft Facility Management System
- Hard Facility Management System
Offering
- Service
- Solution
South Korea Facility Management Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 26.51 USD Billion |
| Market Value in 2032 | 45.70 USD Billion |
| CAGR (2025-2032) | 8.93% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Function,Facility Size,Model,Service Type,Offering |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 26.51 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 26,507.24 USD Million in 2024.
Segments and Scope
-
South Korea Facility Management Market to 2032, By End-User
- Banking, Financial Services, and Insurance (BFSI) is the largest segment in South Korea Facility Management Market to 2032 with a revenue of 8.05 USD Billion in the year 2024.
- Banking, Financial Services, and Insurance (BFSI) is the Fastest growing segment in South Korea Facility Management Market to 2032 with a Growth rate of 11.18 % in forecast period 2025-2032.
-
South Korea Facility Management Market to 2032, By Function
- Real Estate Management is the largest segment in South Korea Facility Management Market to 2032 with a revenue of 9.66 USD Billion in the year 2024.
- Real Estate Management is the Fastest growing segment in South Korea Facility Management Market to 2032 with a Growth rate of 10.22 % in forecast period 2025-2032.
-
South Korea Facility Management Market to 2032, By Facility Size
- Large Facilities is the largest segment in South Korea Facility Management Market to 2032 with a revenue of 13.19 USD Billion in the year 2024.
- Large Facilities is the Fastest growing segment in South Korea Facility Management Market to 2032 with a Growth rate of 9.75 % in forecast period 2025-2032.
-
South Korea Facility Management Market to 2032, By Model
- Outsourcing Facilities Management is the largest segment in South Korea Facility Management Market to 2032 with a revenue of 14.41 USD Billion in the year 2024.
- Outsourcing Facilities Management is the Fastest growing segment in South Korea Facility Management Market to 2032 with a Growth rate of 9.05 % in forecast period 2025-2032.
-
South Korea Facility Management Market to 2032, By Service Type
- Hard Facility Management System is the largest segment in South Korea Facility Management Market to 2032 with a revenue of 15.29 USD Billion in the year 2024.
- Hard Facility Management System is the Fastest growing segment in South Korea Facility Management Market to 2032 with a Growth rate of 9.34 % in forecast period 2025-2032.
-
South Korea Facility Management Market to 2032, By Offering
- Solution is the largest segment in South Korea Facility Management Market to 2032 with a revenue of 16.56 USD Billion in the year 2024.
- Service is the Fastest growing segment in South Korea Facility Management Market to 2032 with a Growth rate of 8.85 % in forecast period 2025-2032.
South Korea Facility Management Market Company Share Analysis
| Company Name |
|
||
| Johnson Controls | |||
| Veolia | |||
| Sodexo | |||
| Aramark | |||
| ENGIE | |||
South Korea Facility Management Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Facility Management Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Facility Management Market is segmented based on Segmentation End-User,Function,Facility Size,Model,Service Type,Offering.
South Korea Facility Management Market was valued at USD 26.51(Revenue in USD Billion) in 2022.
South Korea Facility Management Market is projected to grow at a CAGR of 8.93% during the forecast period of 2024 to 2032.
The Solution segment is expected to dominate the South Korea Facility Management Market, holding a largest market share of 16.56 USD Billion in 2024
South Korea Facility Management Market Scope
South Korea Facility Management Market Segmentation & Scope
End-User
- Others
- Media and Entertainment
- Government and Public Administration
- Manufacturing
- Construction and Real Estate
- Energy and Utilities
- IT and Telecom
- Banking, Financial Services, and Insurance (BFSI)
Function
- Asset Management
- Maintenance Management
- Real Estate Management
- Others
- Financial & Performance Management
- Building Systems
Facility Size
- Small Facilities
- Medium Facilities
- Large Facilities
Model
- In-House Facilities Management
- Outsourcing Facilities Management
Service Type
- Soft Facility Management System
- Hard Facility Management System
Offering
- Service
- Solution
Frequently Asked Questions
The South Korea Facility Management Market is segmented based on Segmentation End-User,Function,Facility Size,Model,Service Type,Offering.
South Korea Facility Management Market was valued at USD 26.51(Revenue in USD Billion) in 2022.
South Korea Facility Management Market is projected to grow at a CAGR of 8.93% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Facility Management Market for final year is USD 45.70 (USD Billion).
South Korea Facility Management Market Company Profiling
Frequently Asked Questions
The South Korea Facility Management Market is segmented based on Segmentation End-User,Function,Facility Size,Model,Service Type,Offering.
South Korea Facility Management Market was valued at USD 26.51(Revenue in USD Billion) in 2022.
South Korea Facility Management Market is projected to grow at a CAGR of 8.93% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Facility Management Market for final year is USD 45.70 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.