Rising public investments in infrastructure and healthcare sectors, growth in the construction activities majorly in the commercial segment and a surge in the number of commercial offices have propelled the demand for the facility management market in Europe. Moreover, an increase in the number of MNCs and the IT & telecom sector has led to the heightening focus towards value-added services related to productivity, technological improvements, workplace management, and sustainability, thereby positively contributing to the facility management market. However, gloomy uncertainties due to “Brexit” with a decision expected by the end of October 2019 may hamper the facility management market.
According to 6Wresearch, the Europe Facility Management Market size is expected to witness significant growth during 2020-2026. The United Kingdom has the largest facility management and integrated facility market in Europe and is anticipated to retain the same over the forecast period. The United Kingdom facility management market has been experiencing sustained growth due to technological advancements and a large number of infrastructural projects related to smart grids, Hi-speed railways, etc. especially in major cities such as Birmingham and Manchester.
Based on service, the service level agreement management segment accounts for major market share due to the increase in the number of MNCs and the expansion of high growth industries such as business process outsourcing. Based on solutions, facility operations and security management segments hold a considerable market share owing to rising software demand in various organizations.
Europe facility management market report thoroughly covers the market by solutions, services, end-users, and key countries including Germany, the United Kingdom, France, Italy, and the rest of Europe. Europe facility management market outlook report provides an unbiased and detailed analysis of the European facility management market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.
Europe facility management market is expected to witness substantial growth in the coming years on the back of rising varied industries such as healthcare, commercial, and energy & utility. Additionally, on the basis of end-users, the IT & telecom domain is expected to dominate overall market revenues owing to the tremendous rise in the use of communication process across the region tends to require a facility management process which detects the occurrence of any technical errors in the communication process and is estimated to leave a positive impact in the market and would proliferate the profound growth of Europe facility management market in the upcoming six years.
Europe Facility Management Market is estimated to register sound revenues in the upcoming six years on the back of rising potential growth of the real estate sector. Increased real estate infrastructure seeks a better facility management system to maintain assets. Rosie in need for cost efficiency by maintaining assets on a daily basis reduces large spending over repairing of assets tends to ensure the long life span of assets as these are attributed as growth factors generate extensive demand for the facility management system and would proliferate the substantial growth of Europe facility management market in the coming years.
Europe facility management market is projected to witness impressive growth in the foreseeable future on account of the rising hospitality sector underpinned by increased tourist influx especially in France, Spain, and Italy. Moreover, the rising tourist hotels booking has led to open up the opportunities for hiring facility management team which is held responsible in managing hotel premises, and tourist amenities, such a prominent role played by facility management is expected to leave a positive impact over the Europe facility management market growth in the upcoming six years.
Key Highlights of the Report:
- Europe Facility Management Market Overview
- Europe Facility Management Market Outlook
- Europe Facility Management Market Forecast
- Historical Data of Europe Facility Management Revenues for the Period 2016-2019
- Europe Facility Management Market Size and Europe Facility Management Market Forecast of Revenues, Until 2026
- Historical Data of Europe Facility Management Market Revenues, By Solutions, for the Period 2016-2019
- Market Size & Forecast of Europe Facility Management Market Revenues, By Solutions, until 2026
- Historical Data of Europe Facility Management Market Revenues, By Services, for the Period 2016-2019
- Market Size & Forecast of Europe Facility Management Market Revenues, By Services, until 2026
- Historical Data of Europe Facility Management Market Revenues, By End-Users, for the Period 2016-2019
- Market Size & Forecast of Europe Facility Management Market Revenues, By End-User, until 2026
- Historical Data of Germany Facility Management Market Revenues, for the Period 2016-2019
- Market Size & Forecast of Germany Facility Management Market Revenues, until 2026
- Historical Data of United Kingdom Facility Management Market Revenues, for the Period 2016-2019
- Market Size & Forecast of United Kingdom Facility Management Market Revenues, until 2026
- Historical Data of Italy Facility Management Market Revenues, for the Period 2016-2019
- Market Size & Forecast of Italy Facility Management Market Revenues, until 2026
- Historical Data of France Facility Management Market Revenues, for the Period 2016-2019
- Market Size & Forecast of France Facility Management Market Revenues, until 2026
- Historical Data of Rest of Europe Facility Management Market Revenues, for the Period 2016-2019
- Market Size & Forecast of Rest of Europe Facility Management Market Revenues, until 2026
- Market Drivers and Restraints
- Europe Facility Management Market Trends and Industry Life Cycle
- Europe Facility Management Market Share, By Regions
- Europe Facility Management Market Share, By Players
- Europe Facility Management Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The Europe Facility Management Market report provides a detailed analysis of the following market segments:
- By Solutions:
- Facility Environment Management
- Facility Property Management
- Building Information Modelling
- Facility Operations and Security Management
- Others
- By Services:
- Auditing and Quality Assessment
- Support and Maintenance
- Service Level Agreement Management
- Deployment and Integration
- Consulting
- By End-Users:
- IT and Telecom
- Retail and Commercial
- Energy and Utilities
- Construction and Real Estate
- BFSI
- Educational Institutes
- Healthcare
- Manufacturing
- Government and Public Administration
- Others
- By Countries:
- Germany
- United Kingdom
- Italy
- France
- Rest of Europe
Other Key Reports Available:
- Germany Facility Management Market Report
- United Kingdom Facility Management Market Report
- Italy Facility Management Market Report
- France Facility Management Market Report
