Brazil Facility Management Market Segmented by Service (Property, Cleaning, Security, Catering, Support, Others), By Type (Hard, Soft), By Application (Industrial, Commercial, Residential), By Region, By Company, Forecast and Opportunities, 2017-2027

Brazil facility management market is valued at USD18.33 billion in 2021 and is anticipated to project a robust growth in the forecast period with a CAGR of 5.85% owing to rapidly increasing smart cities development is driving the growth of the Brazil facility management market in the upcoming years.

The term 'facility' is defined as any tangible asset in an organization that supports its operations. Facility management is the practice of maintaining an organization’s physical assets such as building and equipment through services such as Mechanical, Electrical & Plumbing (MEP) maintenance, cleaning, security, etc., which support and improve the effectiveness of the primary activities in that organization. Brazil facility management market is further classified on the basis of Service by the Property, Cleaning, Security, Catering, Support, Others. Growth in the real estate sector is driving the growth of the Brazil facility management market.

Rising Demand for Sustainable and Energy Efficient Green Building Solutions Driving Market Growth

Brazil supports the use of environment-friendly solutions to minimize energy consumption and greenhouse gas emissions in order to ensure the country's long-term development. As a result, the country is concentrating on creating green structures. Green building refers to a structure and processes that are environmental-friendly and resource-efficient throughout a building's lifecycle, from design to construction through operation, maintenance, restoration, and demolition. Brazilian FM professionals are well-equipped and knowledgeable at greening existing structures, and they can guide a building toward green building certification at the same time. The country also has a Green Building Council, which works to make commercial and residential building construction and maintenance more sustainable. In 2021, the country hosted the Green Building Brazil International Conference 2021, Latin America's largest sustainable construction event, which provided information to thousands of experts from around the world over the course of 15 days of technical lectures, master classes, and interviews on green building topics.

Integration of Facility Management in Building Design

Facility management is increasingly being incorporated into the design of buildings in Brazil, allowing designers to construct buildings that are simple to maintain over time. Facility managers are consulted early in the design phase to provide feedback on optimal project area utilization, landscaping, fire and safety systems, and the building's lifecycle cost analysis. Facility management accounts for over 80% of the entire cost of a building over its lifetime. The goal of facility management in building design is to lower the overall cost of these services over the life of the building.

Age of IoT, Artificial Intelligence and Smart Devices

As the Internet of Things improves the quality of services provided to clients, it is gaining traction in the facilities management industry. In facility management, the Internet of Things is largely used to automate building functions, including air conditioning, ventilation, and automated security. The Internet of Things enables facility managers to complete jobs that would otherwise be dangerous or difficult for humans, broadening the scope of integrated site management. Predictive and condition-based maintenance will be aided by IoT combined with automation, real-time data analysis, and machine-to-machine communication, which is expected to drive demand for advanced facility management services and the facility management market in Brazil.

Increasing Usage of CAFM & BIM Software Aids in Market Growth

Many corporate organizations are opting for automated building management systems as a result of recent technological advancements in property management. The use of CAFM (Computer-aided Facility Management) and BIM (Building Information Modeling) software in facility management and the real estate business is growing. These are administrative tools for developing and tracking virtual building operations models. As a result of the growing use of facility management-related software, facility management services are predicted to rise across the country.

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Market Segmentation

The Brazil facility management market is segmented based on service, type, application, region, and company. Based on service, the market is further fragmented into Property, Cleaning, Security, Catering, Support, Others. Based on type, the market is bifurcated into Hard and Soft. Also, segmentation of the market on the grounds of application is done into Industrial, Commercial, Residential. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North, Northeast, South, Midwest, Southeast.

Company Profiles

CBRE Group, Inc., Jones Lang LaSalle IP, Inc. (JLL), Cushman & Wakefield plc, Sodexo, Colliers International Property Consultants, Inc., Manserv, G4S Brazil, GRSA|Compass Group, Brasanitas Group, ISS Global are among the major market players in the global platform that lead the market growth of the Brazil facility management market.

Report Scope:

In this report, Brazil Facility Management Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Brazil Facility Management Market, By Service:

o   Property

o   Cleaning

o   Security

o   Catering

o   Support

o   Others

·         Brazil Facility Management Market, By Type:

• Hard
• Soft
• Brazil Facility Management Market, By Application:

o   Industrial

o   Commercial

o   Residential

·         Brazil Facility Management Market, By Region:

• Southeast
• Northeast
• South
• Midwest
• North

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Brazil 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).