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Facility Management Services Market to grow at a CAGR of 10.82% by 2021


Facility Management ServicesGlobal Facility Management (FM) Services Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Facility Management (FM) Services Market.

Companies Mentioned are Aramark, ISS, OCS, Planon, Atkins, CBRE, Compass, and Sodexo.

The global Facility Management (FM) Services market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

Major points covered in Global Facility Management (FM) Services Market 2017 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global Facility Management (FM) Services market?
  • What are the key market trends impacting the growth of the global Facility Management (FM) Services market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Facility Management (FM) Services market?
  • What are the market opportunities and threats faced by the vendors in the global Facility Management (FM) Services market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global Facility Management (FM) Services market?

This independent 70 page report guarantees you will remain better informed than your competition. With over 160 tables and figures examining the Facility Management (FM) Services market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Facility Management (FM) Services in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.

The report provides a basic overview of the Facility Management (FM) Services industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Facility Management (FM) Services industry development trends and marketing channels are analyzed.

Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is use of IoT and Big Data Analytics for optimizing resources. Real-time monitoring of processes in a building is leveraged with IoT solutions. Smart sensors are being developed and used for remote locations in a building, as well as in parts like lighting, heating, ventilation, refrigeration, and air-conditioning. The main area of concentration for the residents in the buildings remains the over conservation of energy and noting down the areas where they can reduce the energy consumption. This can be done by leveraging IoT in buildings.”

According to the report, one of the major drivers for this market is rising focus on conservation of energy. Consumers pay much attention toward cutting down their energy consumption to reduce their bills. Broadly, people spend a huge sum of money on the bills generated from their electricity consumption patterns. With the introduction of FM services and deployment of several integrated software within a building, a company has an idea about the areas where the wastage of energy could be cut down. This includes switching off electrical equipment when not in use, timely maintenance of the equipment, increasing the use of solar energy within buildings, emphasis on the use of light emitting diodes (LED), and others.

Further, the report states that one of the major factors hindering the growth of this market is expensive infrastructure maintenance. The buyers want the costs of FM services to be reduced as much as possible with almost no changes in service provider’s mode of operations. The aging assets that they use add to excessive energy consumption that makes the maintenance of the building a challenge. All the electrical fittings within the building and maintenance of the overall building, which includes infrastructure management, cleaning, and maintenance of security equipment must be monitored timely. The remote parts of the building are a challenge to maintain. The HVAC equipment inside a building needs timely maintenance and servicing.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Facility Management (FM) Services on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Facility Management (FM) Services Market and assist manufacturers and investment organization to better grasp the development course of Facility Management (FM) Services Market.

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