Southwest Region Continues to be Major Demand Generator in Germany Facility Management Services Market
Growing
commercial and residential sector in major cities due to fiscal
initiatives by government
coupled
with rapid infrastructure developments to drive Germany facility management
market through 2024
According to a recently
published TechSci Research report, “Germany Facility Management Market By Service, By Application, By Spending Pattern,
Competition, Forecast & Opportunities, 2024”, Germany facility management
market is forecast to grow to $ 106 billion by 2024 on account of growing focus
of foreign players towards integrated facility management services and increasing
demand for customized facility management solutions. Moreover, backed by various government initiatives commercial and
residential sector is growing in major cities of Germany. In 2018, commercial real estate sector grew by 6.7%
on account of increasing investments in commercial properties and associated infrastructure
in the country. A large demand for facility management services emanates from the
country’s southwest region, followed by southeast region, due to high
population density and rising demand for commercial and industrial properties in
these regions.
Browse 11 market data Table and 38 Figures
spread through 97 Pages
and an in-depth TOC on "Germany Facility Management
Market"
https://www.techsciresearch.com/report/germany-facility-management-market/1391.html
Among services, property services accounted for the largest value share
in Germany facility management market in 2018. The segment is likely to
maintain its dominance during forecast period as well on account of growing
demand for properties for offices & retail industry. By spending pattern, In-house activity accounts
for the largest share in Germany facility management market, and this trend is
expected to prevail during the forecast period.
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“Growing demand for sustainable facility solutions
along with rising technological integration resulting in high cost savings and
return on investment is positively influencing Germany facility management
market. Moreover, increasing merger & acquisition activities by
international and domestic companies is further fuelling growth in the market.
Additionally, rising focus towards green
buildings is also expected to steer growth in Germany facility management market
in the coming years.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Germany Facility Management Market By
Service, By Application, By Spending Pattern, Competition, Forecast &
Opportunities, 2024” has
evaluated the future growth potential of Germany 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 decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Germany facility management market.
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