Facility Management Market In UK 2024-2028
The facility management market in UK is forecasted to grow by USD 19.6 bn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. The report on the facility management market in UK provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for cloud-based facilities management solutions, increasing demand for smart facilities, and increasing emphasis on outsourcing building management services.
Technavio's facility management market in UK is segmented as below:
By Type
- Soft facility management
- Hard facility management
By End-user
- Commercial
- Government
- Residential
By Geographical Landscape
This study identifies the adoption of green cleaning products as one of the prime reasons driving the facility management market in UK growth during the next few years. Also, advent of IOT in facilities management and rising focus on big data and computer-aided facility management (CAFM) will lead to sizable demand in the market.
The report on the facility management market in UK covers the following areas:
- Facility management market in UK sizing
- Facility management market in UK forecast
- Facility management market in UK industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading facility management market in UK vendors that include Alby Estates Ltd., Amey Ltd., Anabas UK2 Ltd., Andron Contract Services Ltd., Atalian Servest Group Ltd., Atlas Facilities Management Ltd., B38 Group, Bellrock Property and Facilities Management Ltd., CBRE Group Inc., Compass Group UK and Ireland Ltd., EMCOR Group Inc., FMS PBC, FMS Projects Ltd., ISS AS, Jones Lang LaSalle Inc., Kier Group PLC, Mitie Group PLC, PHS Bidco Ltd., PRECISION FM, and Sodexo SA. Also, the facility management market in UK analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.