What is driving the global FM market and who are the key players? See what this research found

by Brianna Crandall — July 11, 2018 — Online market research store ResearchAndMarkets.com added the Facilities Management — Global Strategic Business Report to its offering recently, providing insight into the global facilities management market and industry.

The Facilities Management — Global Strategic Business Report by Global Industry Analysts provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

Leading players are listed as Aramark, Compass, Ecolab, ISS, CBRE/Johnson Controls and Sodexo, with the acknowledgement that competition in the FM market continues to intensify. In total, the report profiles 101 companies, including many key and niche players such as:

  • ABM Industries Incorporated (USA)
  • Amey Plc (UK)
  • Aramark Corporation (USA)
  • Bellrock Limited (UK)
  • Bilfinger Europa (UK)
  • Bouygues Energies & Services (UK)
  • CBRE Group, Inc. (USA)
  • Compass Group Plc (UK)
  • Cushman & Wakefield (USA)
  • Elior UK (UK)
  • EMCOR Group, Inc. (USA)
  • ENGIE Services, Inc. (Canada)
  • Etisalat Facilities Management L.L.C (UAE)
  • Fluor Corporation (USA)
  • Globe Williams International (Australia)
  • Interserve Plc (UK)
  • ISS UK (UK)
  • ISS A/S (Denmark)
  • Kier Group plc (UK)
  • MITIE plc (UK)
  • Sodexo S.A. (France)
  • Turner Facilities Management Ltd. (UK)
  • VINCI Facilities (UK)

The report provides an overview of the industry, the competitive landscape, market trends and drivers, services, recent industry activity including mergers and acquisitions, a focus on select players, and a global market perspective, with an analysis by region and country.

The Executive Summary of the report notes that facilities management supports the core activities of businesses, that changing work culture in modern businesses enhances the need for efficient FM, and that the FM market is positioned for stable growth. The report analyzes the penetration of outsourced FM services worldwide.

Market trends and drivers listed in the Summary include the following and others:

  • Cost reductions
  • Efficiency enhancements
  • Changing workplace conditions
  • Focus on specifically designed office spaces as remote learning/working becomes the norm
  • Integrated FM services spurring demand for multi-service providers
  • Technology playing a prominent role in outsourced FM services
  • Cloud computing driving adoption of FM Software
  • Automation and data analysis
  • Internet of Things (IoT)
  • Importance of improving efficiency of FM services
  • Big Data and analytics
  • Enabling smart decision-making process
  • Technology trends driving innovation in FM
  • Deep learning, artificial intelligence (AI) and machine learning
  • Wireless protocols
  • Robotics
  • Drones
  • Augmented and virtual reality (VR)
  • Wearables and ruggedized devices
  • Talking technology for user-machine interaction
  • Location-based services
  • Workforce integration and total FM (TFM) contracts
  • Sustainable building practices spurring growth
  • Contract cleaning: a stable and growing market
  • Outsourcing gains prominence
  • Regulatory compliance needs present opportunities for FM service providers
  • Market maturity

Facilities Management — Global Strategic Business Report is available on the ResearchAndMarkets.com website.

Additional FM market reports are also available on the website.