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Facility Management Services Market Expanding To Significant Growth with Key Players: Compass Group, Apleona HSG, Aramark, Cushman & Wakefield, Sodexo, Macro, GDI, ISS, CB Richard Ellis, Cofely Besix, Camelot Facility Solutions

02-25-2020 05:00 PM CET | Health & Medicine

Press release from: Worldwide Market Reports

Facility Management (FM) Services

Facility Management (FM) Services

Facility management is an organisational function that enhances the quality of life and improves the productivity of the core business by integrating people, place, process and technology within the facility. It involves the maintenance of property, buildings, equipment and optimisation of inventory and other operational elements.

Factors such as boom in real estate, increasing awareness levels, growth in retail and hospitality sectors are the major drivers of this sector In light of the immense growth potential that the sector promises, many players, including foreign players, have dotted the Indian market.

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Competitive Landscape
There has been a presence of lot of unorganised players prevailing in the market. These unorganised players are offering soft services at lower budgets, hence hampering the margins of the organised players.

Key Players Mentioned in this research report: Compass Group, Apleona HSG, Aramark, Cushman & Wakefield, Sodexo, Macro, GDI, ISS, CB Richard Ellis, Cofely Besix, Camelot Facility Solutions

Top Market Opportunities
By integrating program controls, communication, and information, teams will be able to make business decisions with the correct updated information and manage assets from a central location. Integrating Building Information Modeling and business strategy is the future of Building Information Technologies.

Market Drivers
Economic pressures from regulatory requirements and increased competition are pushing companies to look at how they conduct business. Greater levels of scrutiny and tighter regulations, as a result of financial scandals, have led companies to look to strategic partners that can deliver and manage facility services - while taking on the associated risk.

Organisations are looking for a partner that will help them to protect the investment they have made in facility assets, manage the delivery of facility services to minimise interruptions to their core business and look for ways to deliver added value both from the assets, and services they already deliver and other additional valued added services. Clients are looking for all this while at the same time expecting improved cost performance and mitigated risk that comes through delivering cost certainty.

A rapidly growing construction market and the desire among the private and public sectors to build world-class infrastructure has fuelled the growth of the integrated facilities management (IFM) market.

Other Key Market Trends
The adoption of Facility Management Services is rapidly growing due to environmental and regulatory norms. The companies embracing technologies such as Green FM services, IoT, Analytics, Robotics and Drones are opening the doors of the Facility Management revolution. There is an increasing preference for professional FM in the residential sector coupled with increased incidents of high-rise residencies that require unique FM solutions will drive the growth of the sector.

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Table of Content
1 Report Overview
2 Market Assessment by Type
3 Asia Pacific Facility Management (FM) Services Market Assessment by Type
4 North America Facility Management (FM) Services Market Assessment by Type
5 Europe Facility Management (FM) Services Market Assessment by Type
6 South America Facility Management (FM) Services Market Assessment by Type
7 Middle Easr and Africa Facility Management (FM) Services Market Assessment by Type
8 World Facility Management (FM) Services Market Assessment by Type
9 Company Profiles/Analysis
9.1 Compass Group
9.1.1 Compass Group Profiles
9.1.2 Compass Group Product Portfolio
9.1.3 Compass Group Facility Management (FM) Services Business Performance
9.1.4 Compass Group Facility Management (FM) Services Business Development and Market Status
10 World Facility Management (FM) Services Market Assessment by Players
Continue . . .

About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

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