by Brianna Crandall — September 5, 2012—Apex Insight’s recently released U.K. Integrated Facilities Management: Market Insight Report shows how Integrated Facilities Management (IFM) has developed into an important industry in the United Kingdom over the last couple of decades. The report quantifies the market size and historical growth rates while reviewing key factors behind these figures and exploring drivers of profitability.
Online resource Research and Markets, which just announced the addition of the report to its offerings, offers these highlights:
- The size of the market is estimated to be in excess of £8 billion, meaning it now accounts for around a third of the total outsourced FM services market.
- Its significantly higher growth rate means this proportion has increased through time, and is expected to continue to do so. The U.K. markets—both for IFM and outsourced FM services—are significantly more mature than elsewhere in Europe.
- Evidence suggests that, relative to gross domestic product (GDP), the U.K. market is at least twice as large as the next-most-developed markets: Sweden and the Netherlands.
- Other markets offer higher growth, and that, rather than a major switch to international buying, has led many leading U.K. operators to focus on overseas markets.
- Its significantly higher growth rate means this proportion has increased through time, and is expected to continue to do so. The U.K. markets—both for IFM and outsourced FM services—are significantly more mature than elsewhere in Europe.
The report also carries out an in-depth analysis of the relevant drivers of industry growth—including relevant macroeconomic indicators such as GDP growth and employment levels, and other specific factors, like construction spending, private finance initiative (PFI) projects, and numbers of people in schools and hospitals, which determine demand for IFM—setting out historical trends and forecasts.
The report aims to provide access to the best information and understanding of industry trends and drivers in order to help those involved in the FM industry make optimal decisions in today’s complex and changing environment. It is intended for FM service providers themselves as well as investors, banks, analysts, consultants and other parties with interests in the sector.
A few of the companies mentioned in the report are: Aramark, Emcor Group (U.K.), G4s Integrated Services (U.K.), ISS Facility Services, Initial Facilities Management, Integral U.K., Interserve (Facilities Management), Johnson Controls, Kier Facilities Services, MITIE Group plc, OCS Group U.K., Seddon Property Services, Serco and Sodexo.
