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Robust ICT infrastructure has been key in supporting the growth of the cloud market in Hong Kong, while continuous support from the Hong Kong government has been instrumental in stimulating market growth under its "Digital 21" plan. Some notable trends include the growing adoption of cloud services to support the banking and finance sector for non-...

2021 marked the beginning of the revival of meeting rooms and office spaces. As businesses prepare for the return to office, meeting rooms have seen growing technology investments to support hybrid work. Despite the headwinds from the impact of supply chain issues and component shortages which have triggered uneven sales cycles throughout 2021, the...

Scope of the report The research report includes the following segments: Product scope: Vehicle Scrappage Programs and General Public Perception of the same Geographic scope: Malaysia End-user scope: OEMs, Stakeholders of countries interested in Vehicle Scrappage Programs Respondent profiles, survey findings including opinion regarding vehicle sc...

The Asia-Pacific network security market grew healthily at a YoY growth of 17.5% in Q3 2018. The YoY growth of this quarter was much stronger as compared to the previous second quarter, which grew at 11.8% YoY. Businesses in the region are increasingly focused on the value of consolidation and integration provided by the security vendors to effecti...

This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the Singapore automotive market. The study employs multi-level secondary and primary sources for data collation, including country-level official associations/federations, government authorities, country subject experts, and third-party sour...

Driven by the rapid FM development in developing markets and offset by low growth in mature markets, growth in the Asia-Pacific facility management (FM) market is stable. The growing outsourcing culture, supported by the continuous expansion of asset base and new construction, contributes to a higher penetrable FM market base. Constantly evolving c...

The Asia-Pacific contact center applications market grew by 6.9% in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.4% from $881.9 million in 2022 to $1,193.5 million in 2029, driven by cloud migration, system upgrades, and increased investments in advanced applications, such as analytics and workforce management. Vietnam...

27 Jul 2022  |  Asia Pacific  |  Market Research

China Facility Management Growth Opportunities

Sustainability Innovation Culture and Technologies to Support Facility Management Value Proposition

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The Chinese facility management (FM) market is at a fast-growing stage, owing to the slower start than other Asia-Pacific developing markets. It has been enjoying double-digit growth since before COVID-19. The rapidly increasing outsourcing culture in the country has driven FM market development, supported by a large and still expanding asset base....

The growing Indian UPS market is highly competitive and fragmented. Price, after-sales service, and delivery are the key differentiating factors in addressing the demand of the market. The major challenges that UPS manufacturers face are the low-cost imports from China and Taiwan, as well as increasing raw-material prices. As end users have specifi...