Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Technological Adoption and Client Value Enhancement are Key Differentiators
* Required Fields
Pay by invoice
The facility management (FM) landscape in Thailand is highly competitive and mature. The market is fragmented, with a high outsourcing rate to major multinational companies, and many local services for established end-user sectors. However, a major multinational company, ISS Facility Service Co., Ltd., has disclosed its plan to stall its operations in the domestic market due to the company’s restructuring strategy, which will be done by 2020. This will cause essential changes in the foreseeable future of the market. Thailand is an attractive location for many foreign FM companies, especially because the capital is expanding and there are major coordinating projects going on between the country and its neighbors.The market is expected to grow, with the increasing acceptance rate of outsourcing services spreading out of the central business district area in Bangkok and the government’s plan to invest in infrastructure. On the other hand, the country is facing the major challenges of limited labor supply, political instability, and red tape and bureaucracy in business approach.One of the most important factors to win contracts in the market is pricing. For a company to differentiate itself from the pricing competition, it has to adopt new technologies such as robotics and drones, which can also help alleviate the human capital issue. Major participants can create opportunities by considering automation and employee training initiatives to improve the quality of operation and services. Moreover, as integrated facility management (IFM) services are projected to grow significantly, they should be highly promoted. As the competition is very strong in the domestic landscape, service providers are recommended to enhance their businesses by forging relationships with customers through real-time information analytics and partnerships through acquisitions or joint ventures with clients.This analysis on the competitive FM market landscape in Thailand provides in-depth profiling of key market participants. The study focuses on the core segments and market participants’ positioning in each of the key end-user segments and maps out strategies adopted by each market participant from the aspects of service delivery, end-user focus, internationalization, sustainability, and future trends. This study was conducted in 2018, with 2017 as the base year.
Key Issues Addressed
European Fire Detection and Suppression Market, Forecast to 2025
Competitive Analysis of the Malaysian FM Market, Forecast to 2023
Australian Healthcare Facilities Management Market, Forecast to 2024
North America Building Technology Buying Processes and Bid Spec Process Evaluation, 2017
Digital Transformation of the Australian Built Environment, Forecast to 2024
India Elevators Market, 2017
Southeast Asian Elevator Market, Forecast to 2021
Connected Home Market and Implications of Cyber Risks
European Electronic Security Market
Contract Food Services in the Australian Facilities Management Market, Forecast to 2020
smart meter market
cardiovascular devices market
electric car market
video analytics market
commercial aircraft market forecast
solar panel market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.