Market Research Report
Global Integrated Facility Management Market, By Type, By Service, By Solution, By End-User, By Region, Competition, Forecast & Opportunities, 2026
|Published by||TechSci Research||Product code||1002705|
|Published||Content info||115 Pages
Delivery time: Inquiry
|Global Integrated Facility Management Market, By Type, By Service, By Solution, By End-User, By Region, Competition, Forecast & Opportunities, 2026|
|Published: April 28, 2021||Content info: 115 Pages||
Global Integrated Facility Management Market, By Type (Hard Service and Soft Service), By Service (Building and Property Management, Cleaning and Hygiene, Security and Staffing, IT Support and Others), By Solution (Asset & Space Management, Project Management & Real Estate Portfolio Management & Lease Administration, Energy & Environment Sustainability Management, Maintenance Management and Others), By End-User (BFSI, Utilities, Aerospace & Defense, Telecommunication, Manufacturing, Supply Chain & Logistics, Real Estate & Infrastructure, Healthcare, Retail and Others), By Region, Competition, Forecast & Opportunities, 2026.
Global Integrated Facility Management Market is projected to grow from USD84.65 billion in 2020 to USD114.86 billion by 2026. Rise in demand for standardization and simplification of facilities in industries and residential buildings due to the need for good working environment and reduced energy output costs, are expected to positively influence the Global Integrated Facility Management Market in the coming years.
Global Integrated Facility Management Market can be segmented into type, Services, IT (Information Technology) support, solution, end-user and region. On the basis of type, the market can be segmented as hard service and soft service, where hard service segment held a market share of around 55% in 2020 due to rise in investments in energy and project management to achieve long-term efficiency. Moreover, new office buildings in emerging economies are stated to drive the market in the forecast period.
Based on service, the market is segmented into building and property management, cleaning and hygiene, security and staffing, IT support and others. Among these, the market share of building and property management segment was around 26% in 2020. The integrated facility management in building and property management sector are the services that include construction management, marketing, building engineering, accounting and financial services to the owners and investors in offices, industrial and retail properties. The increasing development of sustainable infrastructure and growing presence of many enterprises to adopt changing organizational structure and work management are the key drivers for the Global Integrated Facility Management Market.
The largest contributor to Global Integrated Facility Management Market was North America with around 44% value share in 2020. United States was the largest contributing country in the region with around 83% share in 2020, followed by Canada and Mexico. Moreover, the demand for outsourced facility management services is increasing in the developing countries due to rising awareness and improving economies.
The leading players in Global Integrated Facility Management Market are JLL Inc (Jones Lang LaSalle IP, Inc), ISS A/S (International Service System), CBRE Group Inc, Cushman & Wakefield plc, Sodexo Inc., Compass Inc., Aramark Corporation, Coor Service Management Holding AB, Mitie Group PLC, MacLellan Integrated Services, Inc. The market players are ceaselessly presenting services with real-time response, connectivity and 24/7 availability, to build customer base.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
To analyze and forecast Global Integrated Facility Management Market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in Global Integrated Facility Management Market was also undertaken. Moreover, a detailed and in-depth scrutiny of information was done to understand each policy and external or internal factor which could increase or decrease the demand for Integrated Facility Management, globally. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned in the country were identified.
Various secondary sources such as white papers and secondary literature on Integrated Facility Management, annual reports, investor presentation, International Monetary Fund and World Bank were also studied by TechSci Research.
Key Target Audience:
The study is essential in delivering useful information to industry stakeholders such as facility service providers, managers, supplier, lenders and end users related to Integrated Facility Management Market. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.
In this report, Global Integrated Facility Management Market has been segmented into the following categories in addition to the industry trends which have also been listed below:
Building and Property Management
Cleaning and Hygiene
Security and Staffing
Asset & Space Management
Project Management & Real Estate Portfolio Management & Lease Administration
Energy & Environment Sustainability Management
Aerospace and Defense
Supply Chain & Logistics
Real Estate & Infrastructure
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in Global Integrated Facility Management Market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: