ASEAN-6 and Australia Quarterly Facilities Management Trends, 2018
Growing Outsourcing Culture and Emphasis on Cost Efficiency is on the Rise
10-Jun-2019
Asia Pacific
Market Research
Facilities Management (FM) can be defined as the services associated with running or maintaining a facility, such as janitorial, engineering, security, environmental, landscaping, and other related services. Asia-Pacific (APAC) is a mix of mature and developing markets for facilities management services, with developing nations recording higher growth rates in the facilities management market; developed nations are focusing more on renewing existing FM contracts.
High construction activities and booming end-user sectors in developing countries, coupled with a growing outsourcing culture and acceptance of higher value integrated facilities management (IFM) propositions among multinational companies (MNCs) and large corporations drive rapid growth in developing countries. In mature markets, continuous IFM demand from contract renewals and upcoming sectors adopting long-term partnerships with IFM providers, are sustaining the market growth and demand.
However, with the relatively low awareness among domestic end-users, IFM market opportunities are limited to MNCs and large corporations, and to a certain extent, public sectors. The prevalence of single or bundled services as the preferred option among end-users and service providers is deterring IFM market development.
Business opportunities in emerging and developing markets are focused on end-user segments with growing outsourcing culture and scope expansion. In mature markets, growth opportunities are skewed towards long-term relationships and contract renewals. In this study, the key growth opportunities that are identified in the regions covered in the study focus on market creation in developing economies, integrated facilities management, FM in building design or creation, data analytics, and energy management.
This analysis on the FM market in ASEAN-6 and Australia observes multiple market trends in each quarter of 2018. The insights in this analysis are derived using extensive secondary research and cover multiple parameters. The analysis covers quarterly 2018 trends in macroeconomic development, new FM contracts, mergers and acquisitions, emerging technologies, and influencing policies. The analysis also provides an overview of the existing markets in the region.
The purpose of the analysis is to provide insights into the status quo of the market and recommendations for existing FM companies to help them increase their market presence vertically and horizontally.
Key Issues Addressed
- Is the market growing? Which are the key contributing countries in terms of revenue and growth rate?
- What are the key contract wins observed in each quarter?
- What are the major activities undertaken by key service providers in the region?
- What are the emerging market trends affecting development in the facilities management market?
Author: Janice Wung
Executive Summary
Macroeconomic Development
Facilities Management Executive Brief 2018—Major Highlights
Market Outlook
Growth Opportunities for FM in ASEAN-6 and Australia
Market Overview
New Customers and Project Wins
FM Service Providers’ Activities in Q1 2018
Market Overview
New Customers and Project Wins
New Customers and Project Wins (continued)
FM Service Providers’ Activities in Q2 2018
Market Overview
New Customers and Project Wins
FM Service Providers’ Activities in Q3 2018
Market Overview
New Customers and Project Wins
FM Service Providers’ Activities in Q4 2018
Emerging Trends—Rapidly Growing Demand from Emerging Markets
Emerging Trends—Emerging Working Arrangement Creates New FM Opportunities
Emerging Trends—Increasing Focus on Technological-supported Solutions Among Stakeholders
Emerging Trends—Demographic Change Leads to Underserved Needs
Emerging Trends—Output-based Approach on the Rise
Influencing Policies—Rising Attention to Standardized and Consistent FM Approaches Gaining Traction
Growth Opportunity 1—Market Creation in Developing Economies
Growth Opportunity 2—Integrated Facilities Management (IFM)
Growth Opportunity 3—FM in Building Design/Creation
Growth Opportunity 4—Data Analytics
Growth Opportunity 5—Energy Management
Strategic Imperatives for Success and Growth
The Last Word—3 Big Predictions
Legal Disclaimer
List of Exhibits
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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Key Issues Addressed
- Is the market growing? Which are the key contributing countries in terms of revenue and growth rate?
- What are the key contract wins observed in each quarter?
- What are the major activities undertaken by key service providers in the region?
- What are the emerging market trends affecting development in the facilities management market?
Author: Janice Wung
Deliverable Type | Market Research |
---|---|
No Index | No |
Podcast | No |
Author | Janice Wung |
Industries | Environment |
WIP Number | 9AAF-00-53-00-00 |
Is Prebook | No |
GPS Codes | 9835-A4,9343-A4 |