ASEAN-6 and Australia Quarterly Facilities Management Trends, 2018

ASEAN-6 and Australia Quarterly Facilities Management Trends, 2018

Growing Outsourcing Culture and Emphasis on Cost Efficiency is on the Rise

RELEASE DATE
10-Jun-2019
REGION
Asia Pacific
Research Code: 9AAF-00-53-00-00
SKU: EN01136-AP-MR_23250
$1,500.00
In stock
SKU
EN01136-AP-MR_23250
$1,500.00
DownloadLink

Pay by invoice

ENQUIRE NOW

Description

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

Table of Contents

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

Related 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.--BEGIN PROMO--

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

More Information
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