India Facility Management Market to Gain Momentum through to 2020, Projects by Ken Research Private in Its Report Available at MarketPublishers.com
09 Aug 2016 • by Natalie Aster
LONDON – India’s facility management marketplace has gained momentum in the recent years, mainly driven by the rise of the real estate sector opting for safe, secure and clean environment. The increase in corporates’ economic capacity, development of residential and commercial projects and technological advances in building automation are some of the major factors that have contributed to an upsurge in the local demand for facility management services. Going forward, the revenues of the market are forecast to gain momentum through to 2020-end.
The country’s facility management sector has been characterised by intense competition stemming from the presence of both foreign and local market players. By now, the market has been concentrated with regard to revenues, since top 3 players such as CBRE, JLL and Cushman & Wakefield together have accounted for a large portion of revenues. JLL has been taking the lead in the marketplace. Knight Frank, A La Concierge Services, BVG, George Maintenance Services, among others, are also amid the major industry players.
Insightful research report “India Facility Management Market Outlook to 2020” provides a comprehensive assessment of the market on a national level. The study covers different aspects like the market size of India’s facility management market; provides detailed segmentation based on services types, organised/unorganised, leading cities, contract types, sectors of services offered and also subsectors. The study also analyses the market shares of the leading domestic facility management firms and also the revenues of the dominant players in the marketplace in tandem with industry future forecasts and outlook, barriers to entry and macroeconomic variables having a bearing on the industry performance. The study gives a granular SWOT analysis of the national facility management market, describes the government’s role in the market, offers a comparative evaluation of the facility management market in India versus the USA, and casts light on the developments and trends in the industry.
More research reports prepared by Ken Research Private can be found at its page.