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15 © TechSci Research Research Methodology 15 Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Brazil facility management market . The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as growth in real estate sector, sustainable smart cities’ development, government projects and initiatives, etc . , and projected a steady growth during the forecast period . The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Brazil facility management market . Methodology Followed for Calculation of Market Size : Market Size by Value : Market size, in terms of value, for the year 2021 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as facility management service providers, industry experts, etc . The team interviewed more than 20 companies, 50 industry experts and other value chain stakeholders in Brazil facility management market to obtain the overall market size during 2017 - 2021 , which was validated by the Delphi technique . Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data for the historical period .

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