Press release
Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sectors
This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K. Facilities Management Survey, over 38% of respondents reported increased demand for facility management services in Q1 2024, with the education sector alone experiencing a 37% uptick.
Technological advancements, particularly the integration of IoT and smart building solutions, are revolutionizing the industry by enabling real-time monitoring and predictive analytics. Additionally, a growing trend toward outsourcing non-core functions is driving demand for cost-effective facility management services, further propelling market growth.
Browse the detailed report analysis at: https://www.psmarketresearch.com/market-analysis/uk-facility-management-market
Key Insights
• The organized segment dominates the market in 2024 and is projected to grow at a faster CAGR of 14.4% during the forecast period. Organized facility management firms manage diverse property portfolios and adhere to stringent quality, safety, and environmental regulations, attracting institutional clients.
• England holds the largest market share in the U.K. facility management sector, while Scotland is identified as the fastest-growing region, indicating a dynamic shift in regional growth patterns.
• The commercial sector emerges as the largest end-user category, underscoring the significant role of facility management services in supporting business operations and infrastructure.
• A notable trend is the increasing adoption of eco-friendly cleaning solutions. Industries are transitioning from traditional cleaning products to natural, non-toxic, and biodegradable alternatives, reflecting a commitment to sustainable business practices.
• The market is characterized by fragmentation, with several key players contributing to its competitiveness. Prominent companies include CBRE Group Inc., Mitie Group PLC, EMCOR Group Inc., Atlas FM Ltd., Andron Facilities Management, ISS UK Holding Ltd., Kier Group plc, G4S Limited, OCS Group Holdings Ltd, VINCI Construction Holding Limited, Jones Lang LaSalle IP Inc., and B38 Group.
Download free report sample at: https://www.psmarketresearch.com/market-analysis/uk-facility-management-market/report-sample
• Competitive dynamics are intensified by companies' strategic developments, pricing strategies, and promotional campaigns, all aimed at capturing a larger market share in this evolving landscape.
• The integration of IoT and data analytics is a significant technological advancement shaping the market. These technologies facilitate real-time monitoring and preventive analytics, enhancing operational efficiency and service quality.
• The shift toward outsourcing non-core functions is creating opportunities for facility management service providers to offer cost-effective and essential services, meeting the evolving needs of organizations.
• The market's growth is further supported by government regulations emphasizing environmental sustainability and health and safety standards, prompting organizations to seek professional facility management services that comply with these regulations.
• The adoption of environment-friendly cleaning solutions is not only a trend but also a response to customer demand for sustainable practices, particularly in sectors like healthcare and education, where indoor air quality and environmental impact are critical concerns.
About P&S Intelligence
P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.
Contact:
Abhishek
AVP - Business Development
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sectors here
News-ID: 4030438 • Views: …
More Releases from P&S Intelligence
U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period.
According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven…
Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,…
Competitive Landscape of the Industrial Starches Market: Key Players, Trends, an …
According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening,…
Eco-Friendly and Weather-Resistant Coatings Propel Texture Paint Market Expansio …
According to the latest market research study published by P&S Intelligence, the global texture paint market is poised for significant growth, with its value projected to rise from USD 13.4 billion in 2024 to USD 17.6 billion by 2030, reflecting a steady CAGR of 4.6% during the forecast period. This expansion is primarily driven by increasing urbanization, industrialization, and a surge in construction activities worldwide. Government initiatives aimed at boosting…
More Releases for Group
Transit Packaging Market Top Key Players - STI Group, Crown Cork Group, GWP Grou …
Freight transport in transit receives a wide range of vibrational intensities over a period of time. Based on the origin, destination and network of carriers, ocean-going vessels with aircraft will vibrate with the proper amplitude. Cargo handling and sorting operations contribute to lower levels of compressive force than movement in transit. The only exception to this is when the cargo moves in transit. This allows heavier packages to slip into…
Steel Billet Market Application Segment Analysis 2019 Leading Players: Baosteel, …
Steel Billet Market
Before steel products are sold on the market, the steel must first be processed into more functional pieces. Raw steel cannot be of use while in its pure form, thus it has to be cast into shape. The freshly made steel, which is still in the form of a metal bar or rectangle, is called steel billet.
We tend to believe this industry is a rising industry, and the…
White Spirits Market 2019 Wuliangye Kweichow Moutai Group Yanghe Brewery Daohuax …
As per global White Spirits market report for the period of 2018 to 2023, the White Spirits market is likely to reach an estimate of USD xx million at the end of the 2023 rising at the rate of CAGR xx% throughout the forecast period of 2019 to 2024. The global White Spirits market report covers an exhaustive understanding of the White Spirits that encompasses various important factors like the…
Automotive Metal Market ’size 2019 by Top Key Players: ArcelorMittal, China Ba …
The ‘Automotive Metal Market’ research report assembled by Market Study Report, LLC, provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.
This report focuses on the Automotive Metal in global market, especially in North America, Europe…
Steel Ingot Market Outlook and Forecasts 2018 to 2025 and Key Players: ArcelorMi …
The “Global Steel Ingot Analysis to 2025” is a specialized and in-depth study of the Steel Ingot industry with a focus on the global market trend. The report aims to provide an overview of global Steel Ingot with detailed market segmentation by component, type, application and geography. The global Steel Ingot market is expected to witness high growth during the forecast period. The report provides key statistics on the market…
Global LF Refined Steel market 2017 - HBIS Group, NSSMC Group, POSCO, Shagang Gr …
Apex Market Reports, recently published a detailed market research study focused on the "LF Refined Steel Market" across the global, regional and country level. The report provides 360° analysis of "LF Refined Steel Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LF Refined Steel industry, and estimates the future trend of…
