As on date of
publishing, this report will capture the impact assessment of COVID-19 on this
market and the same will be considered in our market forecast model. Clients
purchasing this report between April and June 2020 will be getting a ‘free’
updated market data excel sheet between July and September 2020 accounting for
the impact of COVID-19 on the market in the current year 2020 and forecast.
Australia facility management market
is expected to grow at a steady rate during the forecast period. The Australia facility
management market is driven by the growing need to improve the organizational
processes and efficiencies while reducing the overall cost and dependency on
human resources. Additionally, the increasing need to create a safer work
environment along with adhering to the environmental and regulatory compliances
is further expected to propel the market growth through 2025. Furthermore,
supportive government policies & schemes facilitating infrastructural
development and building automation are further expected to fuel the market
growth. Besides, increased adoption of technologies such as IoT, AI, augmented
reality, cloud based solutions, among others coupled with increasing
investments by the major players operating in the market is further expected to
create lucrative opportunities for the market growth. However, dearth of
skilled professionals and expertise can hamper the market growth over the next
few years. Also, lack of managerial awareness and inadequate process frameworks
can further restrict market growth during the forecast period.
The Australia facility management market
is segmented based on service, type, end user, source, company, and region. Based
on type, the market can be categorized into hard, soft and others. The soft
type is expected to dominate the market through 2025 since it includes services
such as cleaning, water disposal, security, among others. The hard type is also
expected to witness growth on account of the ongoing infrastructural
developments in the country. Based on end user, the market can be grouped into
commercial, industrial and residential. The commercial segment is expected to
dominate the market on account of increasing working population which requires
office spaces. This growth in office spaces has increased the demand for
integrated facility management thereby driving the segmental growth during the
forecast period.
The major players operating in the
facility management market are Spotless Group Holdings Limited, Ferrovial
Services Australia Pty Ltd, Programmed Maintenance Services Limited, Serco
Group Pty Limited, Fresh Start Australia, ISS Australia, Broadspectrum, BGIS, JLL
Inc., GJK and others. Major companies are developing advanced technologies and
launching new services in order to stay competitive in the market. Other
competitive strategies include mergers & acquisitions and new service
developments.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the
Study:
- To analyze and estimate the market size of Australia
facility management market from 2015 to 2018.
- To estimate and forecast the market size of Australia
facility management market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast Australia facility
management market based on service, type, end user, source, company, and regional
distribution.
- To identify dominant region or segment in the Australia
facility management market.
- To identify drivers and challenges for Australia
facility management market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Australia
facility management market.
- To identify and analyze the profile of leading
players operating in Australia facility management market.
- To identify key sustainable strategies adopted
by market players in Australia facility management market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of service providers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service providers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of Australia facility management market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Facility management service
provider companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to facility management
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as service providers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, Australia facility
management market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Australia Facility management Market, By Service:
- Property
- Cleaning
- Security
- Support
- Catering
- Others
- Australia Facility management Market, By Type:
- Australia Facility management Market, By End User:
- Commercial
- Industrial
- Residential
- Australia Facility management Market, By Source:
- Australia Facility management Market, By Region:
- New South Wales
- Queensland
- Northern Territory
- Tasmania
- Victoria
- Western Australia
- South Australia
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Australia facility management market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
Australia facility
management market is an upcoming report to be released soon. If you wish an
early delivery of this report or want to confirm the date of release, please
contact us at sales@techsciresearch.com
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com