Canada Facility Management Market By Service (Property, Cleaning, Security, Catering, Support, Others), By Type (Hard, Soft), By Application (Industrial, Commercial {Healthcare (Hospitals, Senior Living in Retirement Homes, Long Term Care), Education Institutions (Universities, Colleges, Schools), Corporate Office and Others}), By Region, 2017-2027

Canada facility management market was valued at USD21.89 billion in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 6.35%, owing to growing influence of real estate and smart cities development.

A "facility" is any tangible asset used to support an organization's operations. Cleaning, security, and MEP (Mechanical, Electrical, and Plumbing) maintenance, among other services, are used to maintain an organization's physical assets, such as buildings and equipment, to maximize the organization's effectiveness's principal functions. Furthermore, the burgeoning Internet of Things (IoT) market, facility management integration into building design, and the rising need for cyber and information security management are projected to impact the Canada Facility Management Market in the coming years.

Growing Influence of Real Estate Players in Canada

Canada's real estate players significantly influence the facility management market. Strong and stable economic conditions, combined with liberal government rules such as the decrease of Alberta's corporate tax rate from 10% to 8%, encourage more real estate companies to participate in the market. Onni Group, MaxWell Realty Canada, Westbank Corp., Pinnacle International Group, Peterson Real Estate, Realstar Group Inc., Concert Real Estate Corporation, and Melcor Developments Ltd. are some of Canada's most prominent real estate businesses. As a result, the demand for outsourced facility management services in Canada is growing with the number of real estate players in the country.

Smart Cities Development

A smart city uses cutting-edge technology, such as a sophisticated IT infrastructure, a network of sensors, cameras, and data centers, to efficiently deliver essential services like energy, water supply, and sanitation. The facilities management business is projected to profit from automation and improved data communication as cities modernize. Canada intends to use smart city infrastructure to improve cities and integrate them with cutting-edge and sustainable technology, which is expected to benefit the facility management market in Canada over the projected period.

Rapid Infrastructure Development

Canada's infrastructure expansion is expected to increase the demand for facility management services. Over the last 12 years, the Canadian government has invested around USD145.16 billion in infrastructure projects across the country. This money has gone to necessary public transportation, clean water, and wastewater systems, and social infrastructure like affordable housing. In the projection period, the Canada Infrastructure Bank is expected to invest over USD30 billion in infrastructure projects, propelling the facility management market in the country forward.

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Market Segmentation

The Canada facility management market is segmented based on service, type, application, region, organized Vs. unorganized, and company. Based on service, the market is further fragmented into property, cleaning, security, catering, support, others. Based on the type, the market is segmented into hard and soft services. Based on application, the market is segmented into industrial and commercial. The commercial segment is further divided into healthcare, education institutions, corporate office, and others. Healthcare comprises of hospitals, senior living in retirement homes, long term care and universities, colleges, schools and by education institution comprise of universities, colleges, and schools. The market analysis also studies the regional segmentation, divided among Alberta, Quebec, Ontario, British Columbia, Saskatchewan and Manitoba, Rest of Canada.

Company Profiles

Competition Matrix, CBRE Group, Inc, Brookfield Global Integrated Solutions Canada LP, Jones Lang LaSalle Real Estate Services Inc, Cushman & Wakefield Facility Management Services Inc, SNC-Lavalin Operations & Maintenance Inc, Aecon Group Inc. are among the major market players in the Canada platform that lead the market growth of the Canada facility management market.

Report Scope:

In this report, Canada facility management market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Canada Facility Management Market, By Service:

o   Property

o   Cleaning

o   Security

o   Catering

o   Support

o   Others

• Canada Facility Management Market, By Type:

o   Hard

o   Soft

·         Canada Facility Management Market, By Application:

o   Industrial

o   Commercial

o   Healthcare (Hospitals, Senior Living in Retirement Homes, Long

o   Term Care)

o   Education Institutions (Universities, Colleges, Schools)

o   Corporate Office

o   Others

·         Canada Facility Management Market, By Organized & Unorganized

• Organized
• Unorganized

·         Canada Facility Management Market, By Region:

o   Alberta

o   Quebec

o   Ontario

o   British Columbia

o   Saskatchewan and Manitoba

o    Rest of Canada

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Canada 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:

NOTE: The scope of the report is limited to Industrial & Commercial Application. Residential Application of Facility Management is excluded from the overall scope

Company Information