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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Integrated Facilities Management Market Analysis
Improved partnerships with suppliers is facilitating the growth of facilities management sourcing and the adoption of an integrated facilities management strategy. Rising construction activities, as well as the creation of commercial property, is providing further impetus to the market growth, especially in regions like Latin America and the Asia Pacific. With improved economic conditions in the developing countries and large-scale industrial development, construction and real estate have thrived, leading to higher demand for outsourced facilities management services.
The market is also rising due to the rising number of multinationals, especially in the Asia Pacific region and some parts of the Middle East and Africa. Currently, these multinationals have multiple generations of employees working together, each with their own set of values and goals.
Thus, they drive the demand for workspace solutions that can fill the gap and promote collaboration.
Outsourcing to a single player allows consumers to standardise the service level across different regions. Productivity could be improved by the implementation of multiple KPIs and contract enforcement clauses. The outsourcing rate in North America is nearly 60% and is projected to reach about 70%. Outsourcing rates in Europe are very high due to a lack of cheap unskilled labour. Eastern Europe is expected to drive outsourcing rates in the next few years.
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter’s five forces model, along with giving a SWOT analysis.
Integrated Facilities Management Market Report Snapshots
Integrated Facilities Management Market Size
Integrated Facilities Management Market Analysis
Integrated Facilities Management Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global integrated facilities management market reached a value of USD 108.86 billion in 2023.
The integrated facilities management market is expected to grow at a CAGR of 4.7% during 2024-2032.
The global integrated facilities management market is anticipated to reach a value of about USD 143.08 billion by 2032.
The major drivers of the market include rising disposable incomes, increasing population, thriving construction activities, improved economic conditions, and the rising number of multinationals.
The increasing large-scale industrial development, the growing demand for innovative workplace solutions that can promote collaboration, and the rising focus to enhance the efficiency of employees are the key trends guiding the market.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The leading end uses of integrated facilities management include public/infrastructure, commercial, industrial, and institutional, among others.
The major market players include Jones Lang LaSalle, IP, Inc., Sodexo, ISS Facility Service, CBRE, Compass Group PLC, and Cushman & Wakefield, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124