Facility Management Market in Singapore 2022 - Industry Briefing
Facility management, or facilities management, is the day-to-day operations necessary to ensure a physical environment supports an organization's needs and core function. Facilities management includes: Lease management, including lease administration and accounting. The facility management market in Singapore was valued at USD 966 million in 2021 to USD 1,117 million by 2028, progressing at a CAGR of 2.1% from 2022 to 2028, according to Gen Consulting Company.
This industry report offers market estimates of the Singapore market, followed by a detailed analysis of the service type, and end user. The Singapore market data on facility management can be segmented by service type: cleaning, mechanical and electrical services (m&e), security. In Singapore, the cleaning segment made up the largest share of the facility management market. Facility management market is further segmented by end user: commercial, education, healthcare, industrial, public.
The Singapore facility management market is highly competitive. The report also includes the profiles of leading companies such as C&W SERVICES (S) PTE. LTD., CBRE Pte Ltd., CPG Facilities Management Pte. Ltd., ENGIE Services Asia-Pacific Pte. Ltd., ISS Facility Services Private Limited, Jones Lang LaSalle IP Inc., SMM PTE. LTD., Sodexo Singapore Pte. Ltd., UEMS Solutions Pte. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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