Global Facility Management (FM) Industry Analysis : Market Segmentation By Services Type, By Providers Type, By Size of Organization with Forecast To 2017-2030

Global Facility Management Market Overview

Global facility management market will be fueled by the construction contracts and the ongoing preparations for Expo 2020 Dubai. The facility management industry is provided with the significant opportunity to develop as these projects pave the smooth surface for growth that looks likely to boost the industry’s value beyond Billion Dollars. According to the report of facility management expo 2015, “As the FM industry continues to mature and develop in the Middle East region it is interesting to see the consistency of the responses across the years, as well as gain an insight into the growing stability of a sector often perceived as being affected by the vacillations of the related construction and property businesses”. The building stocks in Middle East region growing in terms of value and volume both which is increasing the demand for facility management services from which the industry can grow and develop. As the opportunities within the industry continue to grow so does the high level competition which is arising the challenges for the established market players to sustain the growth of their businesses. The facility management industry persists to bring out the positive, regardless of regional economic slowdown due to government spending. According to the primary research, more than 60 per cent respondents are expecting that the facility management atmosphere will improve over the next one to two years. However, 36 per cent expect the industry growth and environment to remain about the same. Moreover, the stability in travel and tourism industry is also increasing the number of service providers with enhanced pricing and business models.

Global Facility Management Market Segmentation

By Services Type

• Property Services
• Cleaning Services
• Security Services
• Catering Services
• Support Services
• Other FM Services

By Providers Type

• Single Service Providers
• Bundled Service Providers
• Integrated FM (IFM) service providers

By Size of Organization

• Small and medium-sized businesses
• Large enterprises

Market Size & Forecast to 2030

Goldstein Market Intelligence analyst forecast the global facility management market is majorly driven significant expansion of corporate sector in the coming years in light of the government’s full support and assurance to drive their growth.  The facility management market is majorly acquired by demand for hard services.

Based on services type, property services dominated the overall facility management market with a market share of approximated 38.7% in 2016, accounting revenue of USD 4.1 billion followed by cleaning services at 26.2% in 2016. Moreover, on the basis of service provider type, single service model still remains a dominant choice over other service models. However, integrated service model is gaining traction among the facility owners to limit the complexity by reducing the number of service contractor.

Trending in the Market

According to our Global market study on the basis of extensive primary and secondary research:  “many technologies are on the brink of contravention into the major countries, such as Internet of Things (IoT), Big Data, Autonomous Vehicles, Smart Buildings, Building Automation and inclination towards operation centre models for energy and building management.  The growing connectivity technology and need of connected facilities is the major trend which is predisposing the demand for facility management services.”

Drivers and Barriers to Market Growth

According to the report, major driving factor is the expansion of construction industry and building automation. The rising complexity in technology such as smart energy management and building automation further growing the need of facility management services. Constructive growth in hotel industry is also a driving force for the facility management industry. The growing real estate and infrastructure investment in the country is significantly increasing the number of luxurious or premium facilities in the region.  Mega development projects in major economies and rising government spending to develop better and smart infrastructure further creates huge opportunities for the facility management market players to grow their businesses in the region.  Compared with Dubai, Abu Dhabi has well-organized development projects, all of which offer long-term potential for facilities management companies.

Further, the report states the biggest challenge is Competition in the market that remains top of a long list of challenges that are expected to impact businesses over the forecast period. According to primary research, recruitment and training of staff (27 %) and a shortage of skilled staff (21 %) continued to score strongly on the list of challenges troubling facility management businesses.

Covered In This Global Facility Management Market Report          

The report covers the present ground scenario and the future growth prospects of the facility management market for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the global market. Global facility management market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Global Facility Management Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Global facility management market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Facility Management Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

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.

For a full detailed overview, send us the sample request.

Key Highlights: Global Facility Management Market Outlook : 2017-2030 (2020 Edition)

• The report includes Profiles of Facility Management Players, Service Providers, Installation & Maintenance Providers Outlook (Market Competition & Regional Presence), Business Strategy & Financial Analysis of Major Players. Further, the study also covers the Industry Insights (Future Trends & Forecast Data), End-User Industry Analysis, Service Spending Analysis, New Service Models, Branding & Marketing Strategy Outlook

• Market Size (USD Billion), Market Share (%), CAGR (%), Y-O-Y Growth Rate (%) of Global Facility Management Industry and further it bifurcated into Cities, 2017-2030
• Market Data of Facility Management Services : Market Size (USD Billion), Market Share by Each FM Service Type (%), Adoption Rate of Each Service Type (%), By Countries, etc., 2017-2030
• Revenue Data of Service Providers : By Each Service Type, By Provider Type, By Organisation, By End-Users, By Countries, (Value), 2017-2030
• End User Industry Outlook : Revenue Share by Each End Use Industry, Growth Rate (%), Future Prospects, Service Models Preference Type, Average Spending on Type of FM Services, Adoption Rate (%), etc., 2017-2030
• Market Dynamics : Growth Drivers, Challenges, Opportunities, Trends, SWOT Analysis, Porter's Five Force Model, PESTLE Analysis, etc., 2017-2030
• Target & Potential Markets, By Major Countries
• Global Facility Management Industry Analysis (Service Providers, Service Models, New Services, Hotel & Corporate Industry Analysis, Competitive Analysis, Pricing Models, etc.)

• The study provides an in-depth analysis with current and future trends to elucidate the imminent investment pockets in the market.
• Quantitative analysis of the current market and forecast from 2017-2030 is provided to showcase the financial competency of the market.
• Porter's Five Forces Model and SWOT analysis of the industry illustrate the potency of the buyers & suppliers participating in the market.
• Competitive Outlook of major players of the market to understand the current business scenario and to understand the complexity and investment related factors.
• Current and future trends are outlined to determine the overall attractiveness of the market and single out profitable trends to gain a stronger foothold in the market.
• Drivers and opportunities are evaluated to highlight the top factors responsible for market growth. Various segments are carefully evaluated to gauge the potential of the market.
   

Thematic Research (COVID 19 Impact on Global Facility Management Industry) :

Also, we are offering a Thematic Research (detailed impact analysis) of COVID 19 Impact on Facility Management Industry (including major states/cities) along with the syndicated reports to our clients. The current and frequent market scanning report helps you and your team to assess the business activities and investments accordingly to keep your business ahead of your competitors. The chapters includes Impact Analysis : Impact of COVID-19 Outbreak on Facility Management Industry, Service Providers, Sales Impact and Recovery Strategy. A complete detailed chapter of 30-50 pages which includes the data and information focused on impacts of the pandemic on the Service Providers, Equipment Manufacturers, Traders & End User businesses. It also showcases the expected recovery schedule and losses in the industry and provides insight to overcome the expected challenges.

Key questions answered in this Global Facility Management Market Report 

• What is the total market size by 2030 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2017-19 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space? 
• What are the market opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?
• Facility Management Industry Statistics,2017-2030
• Complete overview on facility services market
• Outsourcing facility management services

We can provide two hour complimentary interaction with our analyst after the purchase of this market report. Details are imparted within the report.