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he Vietnamese facilities management (FM) market is expected to record a growth rate of 5.5% in 2019. By 2023, the total market is expected to record a compound annual growth rate (CAGR) of 6.0%, reaching $470.8 million. Rapid growth in Vietnam’s economy is driving building construction in various sectors, such as healthcare, financial, industrial, ...

30 Jul 2025  |  Global  |  Market Research

Facility Management Market, Global, 2024–2030

Technology, Sustainability, Workplace Optimization, and User Experience Drive Transformational Growth

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The facility management (FM) sector is experiencing a major transformation due to external forces, changing customer demands, and internal constraints. Geopolitical instability, such as inflation, economic uncertainty, and global conflicts, have disrupted supply chains and raised the cost of operations. Although inflation has increased revenue, it ...

The need to ensure regulatory compliance and the drive to extend asset life continue to support growth of the facilities management (FM) market in Australia. Stable demand from certain end-use sectors will underpin FM revenue growth. Recovery in the mining sector and sustained growth in healthcare services point to positive FM growth. However, skil...

This Frost & Sullivan report analyzes the workplace management industry in Asia-Pacific, focusing on the trends and emerging business models that characterize this space. The evolving nature of work, influenced by new technologies and social shifts, has led to a significant transformation in work arrangements. Cloud-based systems and digital soluti...

This study analyzes the UK facility management (FM) market insights and revenue from end-user contracts, which includes the outsourced FM market (excluding in-house FM services). The market has returned to robust revenue growth following the shockwave from the COVID-19 pandemic in 2021. The UK FM is forecast to see a healthy 3.0% CAGR from 2024 to ...

21 Jul 2022  |  Europe  |  Frost Radar

Frost Radar™: European Facility Management, 2022

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

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The European facility management (FM) industry suffered a significant shock with the COVID-19 pandemic. The market is bouncing back, however, with future growth focused on technology and sustainability. The industry is undergoing a major transformation driven by technological innovation, new business models, emerging value propositions, competitive...

District cooling (DC) is the cooling equivalent of district heating. This process involves supplying chilled water (usually between 4 and 8 degrees Celsius) from a central plant to multiple buildings via insulated underground pipes. The cooled water is then used to chill the indoor air in buildings before being sent back to the central plant to be ...

The COVID-19 pandemic has accelerated the need to automate buildings. There is an increasing need to manage buildings remotely, which demands the convergence of advanced analytics, artificial intelligence (AI), and emerging technologies with building automation systems (BAS). Currently, 90% of the BMS market in Vietnam is in the early stages of dig...

The market for Energy Performance Contracting (EPC) for buildings in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) is in early stages of development. However, both countries are making significant progress in not only diversifying their economies toward lesser dependence on oil but also toward more environmental sustainabilit...