United Kingdom Facility Management Market Introduction and Overview
According to SPER Market Research, the United Kingdom Facility Management Market is estimated to reach USD 80.94 billion by 2033 with a CAGR of 1.86%.
The report includes an in-depth analysis of the United Kingdom Facility Management Market, including market size and trends, product mix, applications, and supplier analysis. Facility management is an organizational function that aims to increase people's quality of life and the efficiency of the main business by integrating people, location, and process within the physical environment. From the parking lot to the executive suite, this arrangement of job duties supports each organization's activities to create a seamless environment where all systems function together. Through the coordination of the various activities that contribute to the success of the built environment, facility managers ensure that we enjoy the safest and greatest experience possible. There are numerous job titles and options for facility managers. Despite being in charge of designing, assessing, and maintaining building systems, they are frequently referred to as non-facilities managers.
- January 2023; A worldwide bank’s London offices have chosen Sodexo to provide integrated facilities management (IFM) for a period of five years. Under the terms of the GBP 2 million annual contract, Sodexo would provide services that foster employee engagement and foster a sense of community within the workplace.
- January 2023; The facilities management business Fisco UK teamed up with managed workspace services provider Apogee Corporation to broaden its entire IT offering and give its clientele with a portfolio of more automated and integrated solutions. By this agreement, the company has increased its client’s machinery uptime.
Market Opportunities and Challenges
Opportunities- The number of cloud computing solutions has increased as a result of the UK facility management market's growing desire for technologically sophisticated solutions. As a solid choice for hosting facilities management software, they can be utilized to combine facilities management services. They also provide security and cooperation across teams and subsidiaries in different regions, which aids in reducing expenses for businesses. They enable better security, scalability, and quicker disaster recovery, among other advantages for the safe hosting of important data.
Challenges- A major issue facing the facility management (FM) industry in the United Kingdom is the growing skills gap and scarcity of qualified personnel. A wide range of abilities are needed for facility management, including project management proficiency, technical understanding, and soft skills like customer service and communication. To satisfy the increasing demand, the FM industry is currently facing a shortage of skilled and qualified professionals. The aging workforce is one aspect that is contributing to this problem. An experienced FM workforce is rapidly retiring, leaving a difficult-to-fill knowledge and experience vacuum. Strategies for transferring knowledge from retiring experts to the younger workforce are necessary, but they require time.
Market Competitive Landscape
The United Kingdom Facility Management Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Andron Contract Services Ltd, Compass Group UK and Ireland Ltd, EMCOR Group Inc, FMS PBC, FMS Projects Ltd, ISS AS, Jones Lang LaSalle Inc, Kier Group plc, Mitie Group Plc, PHS Bidco Ltd, and Sodexo SA.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Offering, By End-User
|
| Regions covered | London, East Anglia, Southwest, Southeast, Scotland, East Midlands, Yorkshire, Humberside
|
| Companies Covered | Andron Contract Services Ltd, Compass Group UK and Ireland Ltd, EMCOR Group Inc, FMS PBC, FMS Projects Ltd, ISS AS, Jones Lang LaSalle Inc, Kier Group plc, Mitie Group Plc, PHS Bidco Ltd, Sodexo SA.
|
COVID-19 Impact on United Kingdom Facility Management Market
The shift from traditional to more flexible and remote work settings was expedited by the COVID-19 epidemic, which also made firms reevaluate their workplace strategies and adjust to new methods of operation. Facility managers had to support these evolving workplaces, which presented new opportunities and problems. However, due to Covid, the growth of soft FM services outpaced that of hard services.
Key Target Audience:
- Corporate Sector
- Healthcare Institutions
- Educational Institutions
- Government and Public Sector
- Retail and Commercial Spaces
- Industrial and Manufacturing Units
- Hospitality Sector
Our in-depth analysis of the United Kingdom Facility Management Market includes the following segments:
|
By Type:
|
Inhouse
Outsourced
|
|
By Offering:
|
Hard FM
Soft FM
|
|
By End-User:
|
Commercial
Institutional
Public/Infrastructure
Industrial
Others
|
Key Topics Covered in the Report:
- United Kingdom Facility Management Market Size (FY’2024-FY’2033)
- Overview of United Kingdom Facility Management Market
- Segmentation of United Kingdom Facility Management Market by Type (Inhouse, Outsourced)
- Segmentation of United Kingdom Facility Management Market by Offering (Hard FM, Soft FM)
- Segmentation of United Kingdom Facility Management Market by End-User (Commercial, Institutional, Public/Infrastructure, Industrial, Others)
- Statistical Snap of United Kingdom Facility Management Market
- Expansion Analysis of United Kingdom Facility Management Market
- Problems and Obstacles in United Kingdom Facility Management Market
- Competitive Landscape in the United Kingdom Facility Management Market
- Impact of COVID-19 and Demonetization on United Kingdom Facility Management Market
- Details on Current Investment in United Kingdom Facility Management Market
- Competitive Analysis of United Kingdom Facility Management Market
- Prominent Players in the United Kingdom Facility Management Market
- SWOT Analysis of United Kingdom Facility Management Market
- United Kingdom Facility Management Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United Kingdom Facility Management Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United Kingdom Facility Management Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United Kingdom Facility Management Market
7. United Kingdom Facility Management Market, By Type (USD Million) 2020-2033
7.1. United Kingdom Facility Management Market Size, Share and Forecast, By Type, 2020-2026
7.2. United Kingdom Facility Management Market Size, Share and Forecast, By Type, 2027-2033
7.3. Inhouse
7.4. Outsourced
8. United Kingdom Facility Management Market, By Offering (USD Million) 2020-2033
8.1. United Kingdom Facility Management Market Size, Share and Forecast, By Offering, 2020-2026
8.2. United Kingdom Facility Management Market Size, Share and Forecast, By Offering, 2027-2033
8.3. Hard FM
8.4. Soft FM
9. United Kingdom Facility Management Market, By End-User (USD Million) 2020-2033
9.1. United Kingdom Facility Management Market Size, Share and Forecast, By End-User, 2020-2026
9.2. United Kingdom Facility Management Market Size, Share and Forecast, By End-User, 2027-2033
9.3. Commercial
9.4. Institutional
9.5. Public/Infrastructure
9.6. Industrial
9.7. Others
10. United Kingdom Facility Management Market Forecast, 2020-2033 (USD Million)
10.1. United Kingdom Facility Management Market Size and Market Share
11. United Kingdom Facility Management Market, By Region, 2020-2033 (USD Million)
11.1. United Kingdom Facility Management Market Size and Market Share By Region (2020-2026)
11.2. United Kingdom Facility Management Market Size and Market Share By Region (2027-2033)
11.3. London
11.4. East Anglia
11.5. Southwest
11.6. Southeast
11.7. Scotland
11.8. East Midlands
11.9. Yorkshire
11.10. Humberside
12. Company Profile
12.1. ANDRON CONTRACT SERVICES LTD
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. COMPASS GROUP UK AND IRELAND LTD
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. EMCOR GROUP INC
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. FMS PBC
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. JONES LANG LASALLE INC.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. KIER GROUP INC
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. MITIE GROUP PLC
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. PHS BIDCO LTD.
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. SODEXO SA
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
