Technology, Sustainability, Workplace Optimization, and User Experience as Key FM Growth Strategies
This study calculates the United Kingdom facility management (FM) market revenue using end-user contracts and includes the outsourced FM market (excluding in-house FM services). Revenue figures for the total FM market describe the addressable market, which is the market that FM service solution providers target. The UK FM market is the most developed, sophisticated, complex, and competitive market globally, with a long and well-developed history and culture of outsourcing, which has been commonplace in the public and private sectors for decades. Nonetheless, just as global markets show signs of moving on from the disruptions caused by the COVID-19 pandemic, the UK economy is now stuck in a period of high inflation and low economic growth. High inflation is creating a tailwind for increasing FM prices and revenues. While this will likely continue driving revenue expansion, it is forcing up costs and putting pressure on service providers’ margins. Therefore, in 2022 and 2023, high inflation has triggered stronger-than-expected FM revenue growth. In subsequent years, the market will stabilize somewhat to deliver a compound annual growth rate (CAGR) of 3.2% from 2023 to 2028.
KEY ISSUES ADDRESSED
What is the FM market outlook and how will Mega Trends shape the future?
What are the transformational trends in the FM market through 2028?
What is the UK FM market forecast through 2028?
How will transformational trends yield new business opportunities in growth markets?
What is the FM market’s vision for 2028, by delivery model and customer segment?
What are the top technology and service opportunities in the FM market through 2028?
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the UK Facility Management (FM) Industry
Growth Opportunities Fuel the Growth Pipeline Engine
Growth Environment
Key Findings and the CEO's 360-degree Perspective
UK FM Market in Numbers
Percent Revenue by Segment
CAGR by Segment
The 5 Main Pillars of FM Transformation in the United Kingdom
Top Growth Opportunities
Predictions
Conclusions
Research Scope, Definitions, and Segmentation
Scope of Analysis
Market Services Segmentation
Market Definitions
Market Segmentation
Questions This Study Will Answer
Growth Opportunity Analysis
UK FM Market Overview
UK FM Market Growth Outlook
Top 5 FM Developments
Future FM Trends
Growth Metrics
Growth Drivers
Growth Restraints
Economic Uncertainty in the United Kingdom-Areas of Impact
UK FM Universe
Revenue Forecast
Revenue Forecast Analysis
Revenue Forecast by Contract Type
Revenue Forecast Analysis by Contract Type
FM Market by Customer Sector
Revenue Forecast Analysis by Customer Sector
FM Market by Contract Type across Customer Sectors
Market Growth Outlook by Customer Sector
FM Market by Service Type
Revenue Forecast Analysis by Service Type
FM Market by Service Type across Customer Sectors
Market Growth Outlook by Service Type
FM Market by Region
Short-term Growth Opportunities
Medium-term Growth Opportunities
Long-term Growth Opportunities
Competitive Analysis
UK Competition Trends
Key Competitors by Service Background in the UK FM Market
Key Competitors by HQ Location/Parent Group Nationality