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This study provides an update to a similar study published in 2020. Since 2019, the cost of FM services in Singapore has increased. In 2021, FM vendors anticipate higher inflation rates for all services. Manpower cost is the main reason for price increase in FM services in 2020. For cleaning and security services, the increase in manpower costs is...

Brands use outsourcing as a competitive strategy to get a multitude of benefits, including cost savings, best-in-class technology, business flexibility, access to skilled talent, and a blend of locations and delivery models. Customer experience (CX) outsourcing vendors partner with clients to understand their business challenges and offer solutions...

This study provides an update about the facility management (FM) market in Singapore. The cost of FM services in Singapore has increased from 2017 to 2019. Although this increase has been minimal without much impact, it has driven innovation and strategy planning to improve cost efficiency, service delivery, and quality of services. Cost is one of...

The South Korean MSS market witnessed a growth of 9.5% in 2016. The market saw a high demand from cloud MSS and hybrid MSS. Amazon Web Service (AWS) did business in the South Korean market, with support from leading local participants SK Infosec and AhnLab. As many customers are still using legacy solutions and not private cloud, the cloud MSS rema...

This research service outlines future prospects in the water and wastewater treatment (WWWT) market in the Australian resources sector along with its key trends and opportunities. The challenges this market is currently faces are high mining cost, labor shortage, and lack of access to infrastructure in the resources sector. However, the market driv...

03 Jul 2018  |  Asia Pacific  |  Market Research

Asia-Pacific Integrated Facilities Management Market, Forecast to 2022

Cost Efficiency, Standardization, Long-term Partnerships and Technology Adoption are Key Trends

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Key Issues Addressed

The Asia-Pacific integrated facilities management (IFM) market is witnessing stable growth, primarily supported by rapid growth and development of facilities management (FM) in developing markets, but offset by lower growth in mature markets. High construction activity and booming end-user sectors, coupled with the growing outsourcing culture and a...

Brands use outsourcing as a competitive strategy to get a multitude of benefits, including cost savings, best-in-class technology, business flexibility, access to skilled talent, and a blend of locations and delivery models. Customer experience (CX) outsourcing vendors partner with clients to understand their business challenges and offer solutions...

Increasing safety and security concerns, need for comfort and central monitoring, technological advancements, and growing impetus from the government to reduce carbon emission and energy consumption are the major driving factors. The key challenges that are being faced by market participants are high initial cost, longer payback period, lack of gua...

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...