Growth Opportunities in the Facility Management Market, Australia and New Zealand, 2024‒2029

EnvironmentGrowth Opportunities in the Facility Management Market, Australia and New Zealand, 2024‒2029

Service Scalability and Compliance Needs Driving Transformational Growth in Facility Management

RELEASE DATE
20-Nov-2024
REGION
Asia Pacific
Deliverable Type
Market Research
Research Code: PFQP-01-00-00-00
SKU: EN_2024_1143
AvailableYesPDF Download
$2,450.00
In stock
SKU
EN_2024_1143

Growth Opportunities in the Facility Management Market, Australia and New Zealand, 2024‒2029
Published on: 20-Nov-2024 | SKU: EN_2024_1143

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The Australia and New Zealand (ANZ) facility management (FM) market is well established and relatively mature, experiencing steady growth post-disruptions of 2020, supported by stable economic conditions and consistent growth patterns. With inflation easing in 2023, service providers are benefitting from more predictable margins and cost stability. Infrastructure development and a highly educated customer base have been vital to market demand.

However, challenges remain with the commoditization of services and ongoing concerns about budgetary controls. The competitive nature of the FM market in ANZ and the relatively slower adoption of technology in New Zealand are also impacting future market development. Despite these obstacles, the ANZ market remains lucrative to global and domestic FM providers. The extensive asset base across several end-user sectors and increased need for technical expertise in the region are key areas of opportunity. The appreciation for value-added service propositions in the region is another attractive factor.

This study analyzes the ANZ FM market, covering market drivers, restraints, forecasts, trends, and the competitive landscape from 2021 to 2029, with 2023 as the base year.

Author: Janice Wung

Scope of Analysis

Segmentation

Definition of FM End Users

Definition of FM Service Types

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Facility Management (FM) Industry

Growth Metrics

Growth Drivers

Growth Restraints

Forecast Considerations

Revenue Forecast and Analysis

Revenue Forecast and Analysis by Service Type

Revenue Forecast and Analysis by End User

Outsourced FM Trend

IFM Penetration Trend

Competitive Environment

Competitive Environment (continued)

Revenue Share

Revenue Share Analysis

Revenue Share Analysis (continued)

Growth Metrics

Revenue Forecast and Analysis

Revenue Forecast and Analysis by Service Type

Revenue Forecast and Analysis by End User

Outsourced FM Trend

IFM Penetration Trend

Competitive Environment

Growth Metrics

Revenue Forecast and Analysis

Revenue Forecast and Analysis by Service Type

Revenue Forecast and Analysis by End User

Outsourced FM Trend

IFM Penetration Trend

Competitive Environment

Competitive Environment (continued)

Growth Opportunity 1: Facility Performance Optimization

Growth Opportunity 1: Facility Performance Optimization (continued)

Growth Opportunity 2: Sustainability Focus in FM Services

Growth Opportunity 2: Sustainability Focus in FM Services (continued)

Growth Opportunity 3: FM Market Consolidation

Growth Opportunity 3: FM Market Consolidation (continued)

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

List of Exhibits (continued)

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Impacting your company's future growth potential.

The Australia and New Zealand (ANZ) facility management (FM) market is well established and relatively mature, experiencing steady growth post-disruptions of 2020, supported by stable economic conditions and consistent growth patterns. With inflation easing in 2023, service providers are benefitting from more predictable margins and cost stability. Infrastructure development and a highly educated customer base have been vital to market demand. However, challenges remain with the commoditization of services and ongoing concerns about budgetary controls. The competitive nature of the FM market in ANZ and the relatively slower adoption of technology in New Zealand are also impacting future market development. Despite these obstacles, the ANZ market remains lucrative to global and domestic FM providers. The extensive asset base across several end-user sectors and increased need for technical expertise in the region are key areas of opportunity. The appreciation for value-added service propositions in the region is another attractive factor. This study analyzes the ANZ FM market, covering market drivers, restraints, forecasts, trends, and the competitive landscape from 2021 to 2029, with 2023 as the base year. Author: Janice Wung
More Information
Deliverable Type Market Research
Author Janice Wung
Industries Environment
No Index No
Is Prebook No
Keyword 1 Facility Management Anz
Keyword 2 Smart Building Management
Keyword 3 Anz Service Innovations
Podcast No
WIP Number PFQP-01-00-00-00