Nordic FM market reaches SEK 550bn – outsourcing continues to expand

New 2026 figures put the Nordic facility management (FM) market at around SEK ~550bn in total value. Of that, about SEK ~350bn is outsourced, meaning roughly two-thirds of FM spending is handled by external providers rather than in-house teams.

Two property technicians walking and smiling in an industrial environment

The Nordic FM market in numbers

325 bnSEK
Outsourced single service
25 bnSEK
Outsourced IFM
200 bnSEK
In-house service value

Outsourcing and technology drive FM growth

As the market evolves, technology-enabled delivery - including automation, analytics, and digital integration, along with resilient staffing and local execution, are becoming increasingly important features within facility management operations.

These shifts favor providers that can combine scale with strong operational control and meet rising expectations around governance and compliance. Coor’s potential market comprises the outsourced segment of the FM market, corresponding to approximately SEK 350 billion, with annual growth of approximately 3 percent.

In the outsourced IFM segment, the market value is approximately SEK 25 billion and shows annual growth of around 5 per cent, with services mainly targeting larger customers.

That leaves an estimated SEK ~200bn still delivered internally and represents the remaining pool of services that could shift to outsourcing over time as organizations continue to standardize operations, reduce internal overhead, and consolidate suppliers.

“The Nordic market has good growth potential, and we wantJens Ebbe Rasmussen to continue to grow both through IFM and through single services.  With the Nordic FM market valued at SEK ~550bn in 2026 and outsourcing already accounting for two-thirds of total spending to grow further by 2030, there is an opportunity for Coor to capture market share as organizations continue to consolidate suppliers and seek scalable, efficient solutions”, comments Jens Ebbe Rasmussen, Coor’s Group Chief Commercial Officer.