Sodexo and Compass Continue to Dominate $ 17 Billion Brazil Facility Management Market
Various fiscal initiatives by the government aimed at
stimulating economic growth coupled with rapid infrastructure
developments across various regions to drive facility management market in
Brazil through 2023
According to TechSci
Research report “ Brazil
Facility Management Market By Service, By Type, By Application, Competition
Forecast & Opportunities, 2013 – 2023”,
Brazil facility management market is estimated to have crossed $ 17 billion in 2017.
Over the next five years, growth in the market is anticipated to be driven by the
country’s southeast and northeast regions due to high population density and
increasing in demand for commercial and residential properties across these
regions. In 2017, sales of
residential and commercial properties in southeast and northeast region grew by
7.39% and 26.14%, respectively. Moreover, growing influence of foreign players for integrated
facility management services coupled with increasing demand for customized
solutions for different hard and soft solutions is further expected to push
demand for facility management services across the country in the coming years.
Browse 71 market
data Figures and Tables spread through 108
Pages and an in-depth TOC on "Brazil Facility Management Market"
https://www.techsciresearch.com/report/brazil-facility-management-market/1388.html
Among
different service categories, property and cleaning services accounted for the largest
value shares in Brazil facility management market in 2017, and these service segments
are likely to maintain their dominance throughout the forecast period. Integrated facility management players
account for a major share in organized facility management market due
to their wide range of integrated service offerings, comparatively higher
cost-efficiency and broad presence across most of the regions. As of 2017, Brazil facility management market
was majorly dominated by the
commercial application segment as it dominates in cleaning and property
services across the country.
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Some major companies
operating in Brazil facility management market include Sodexo, Compass
Group, Grupo Brasanitas Facility Services, G4S Brazil, CBRE Group, ISS Group, Cushman & Wakefield, and Jones
Lang LaSalle, among others. “Rising development in the infrastructure sector in Brazil
would propel the demand for facility management across the country in the
coming years. Moreover, rising preference for outsourcing facility management
services would further steer growth in the market during the forecast period.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Brazil Facility
Management Market By Service, By Type, By Application, Competition Forecast
& Opportunities, 2013 – 2023” has
evaluated the future growth potential of Brazil facility management market and
provides statistics and information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decision. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Brazil facility management market.
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