The India facility management market stood at USD46.27 billion in 2022 and is forecast to grow at a CAGR of 14.84% by 2028. The growing number of organizations seeking to strengthen their positions in the India facility management market and increasing shift towards energy efficient buildings is anticipated to boost the India facility management market.

Facility management (FM) is a profession which includes various disciplines ensuring comfort, functionality, efficiency, and safety of the built environment by incorporating place, people, process, and technology. Facility Management (FM) aims at how these services are being managed. It is a management discipline that ensures efficient and effective support services for different organizations. It is a function within an association that incorporates people, process, place, and technology within the existing environment and aims at improving the productivity of the organization and the quality of people’s lives. Facility management covers a range of areas such as cleaning, security, health & safety, building maintenance, catering & hospitality, environmental services such as waste management, etc.

Growth in Corporate Outsourcing of Facility Management Driving Market Growth

Outsourcing facility management services has increased over the recent years across nation. Businesses in the country have started realizing the benefits of outsourcing non-core business operations such as facility operations and maintenance, cleaning, etc. Outsourcing such activities helped various businesses to focus on their core business objectives. The pandemic and its economic aftermaths have further necessitated the firms to evaluate the requirement of outsourcing non-core operations to emphasize regaining profits as that of pre-covid levels. The escalated outsourcing in corporate businesses is driving the growth of the India facility management market.

Rising Demand for Energy Efficient Buildings Driving Market Growth

Rising climate change concerns have triggered the need to reduce energy consumption to lessen the greenhouse impact across the country. The construction of green buildings is one of the key means of promoting the use of environment-friendly solutions to ensure sustainable development. Green building refers to both the structure and processes that are environmentally friendly and resource-efficient throughout the lifecycle of a building, starting from its design, construction, operation, maintenance, and renovation to demolition. Compliance with these buildings often requires specialized and skilled executives. A facility manager is a thoroughly educated practitioner of the sustainable built environment. The increasing shift towards sustainable and energy-efficient buildings is anticipated to drive the India facility management market.

Technological Integration Driving Market Growth

The Internet of Things (IoT) has been increasingly gaining acceptance in the Indian facility management industry, given its ability to improve customer service quality. The rising demand for building automation in functions such as air conditioning of buildings, ventilation, automated security has led to increasing IoT integration in facility management. IoT enables technology-based communication among various facilities in a building. It allows facility managers to undertake tasks considered hazardous or difficult for humans, thereby increasing the scope of facility management services. Additionally, to enhance secured data management, facilities teams have been closely collaborating with IT departments to ensure the security of all internet-connected devices. IoT coupled with automation and real-time data analysis will help in predictive and condition-based maintenance, which is anticipated to augment the demand for facility management services across India during the upcoming years.


Download Sample Report

Market Segmentation

India facility management market is segmented based on service, application, service type, and region. Based on service, the market is segmented into property, cleaning, security, support, catering, and others. Based on application, the market is segmented into commercial, residential, and industrial. Based on service type, the market is further divided into hard services and soft services.

Company Profiles

Jones Lang LaSalle Property Consultants (India) Private Ltd, Quess Corp Limited, Colliers International (India) Property Services Private Limited, Sodexo India Services Private Limited, BVG India Limited, Updater Services Private Limited, CBRE South Asia Private Limited, SIS Limited, Cushman and Wakefield India Private Limited, Knight Frank India Private Limited, EFS Facilities Services India Private Limited, ISS Facility Services India Private Limited are among the major market players that lead the market growth of the India facility management market.

Attribute

Details

Market Size Value in 2022

USD46.27 billion

Revenue Forecast in 2028

USD97.29 billion

Growth Rate

14.84%

Base Year

2022

Historical Years

2018–2021

Estimated Year

2023

Forecast Period

2024–2028

Quantitative Units

Revenue in (USD billion) and CAGR for 2018-2022 and 2023-2028

Report Coverage

·         Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Service

·         Service Type

·         Application

·         Region

Regional Scope

North, East, West & South

Key Companies Profiled

Jones Lang LaSalle Property Consultants (India) Private Ltd, Quess Corp Limited, Colliers International (India) Property Services Private Limited, Sodexo India Services Private Limited, BVG India Limited, Updater Services Private Limited, CBRE South Asia Private Limited, SIS Limited, Cushman and Wakefield India Private Limited, Knight Frank India Private Limited, EFS Facilities Services India Private Limited, ISS Facility Services India Private Limited

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

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

  • India Facility Management Market, By Service:
    • Property
    • Cleaning
    • Security
    • Catering
    • Support
    • Others

·         India Facility Management Market, By Service Type:

o   Soft Services

o   Hard Services

·         India Facility Management Market, By Application:

o   Commercial

o   Residential

o   Industrial

·         India Facility Management Market, By Region:

o    North

o    West

o    South

o    East

Competitive Landscape

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

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Service Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Overall Brand Satisfaction Level

4.2.  Brand Satisfaction Level wrt Availability

4.3.  Brand Satisfaction Level wrt Mode of Distribution

4.4.  Brand Satisfaction Level wrt Pricing

4.5.  Brand Satisfaction Level wrt Sales Service

5.    India Facility Management Market Overview

5.1.  Industry Structure and Stakeholders

5.2.  Porter’s Five Force Analysis

5.3.  Market Size & Forecast

5.3.1.    By Value

5.4.  Market Share & Forecast

5.4.1.    By Service (Property, Cleaning, Security, Support, Catering & Others)

5.4.2.    By Application (Commercial, Residential, and Industrial)

5.4.3.    By Type (Hard and Soft)

5.4.4.    By Region (North, West, East & South)

5.4.5.    By Company (2022)

5.5.  India Facility Management Product Market Map (By Service, By Application, By Service Type, By Region)

6.    India Property Services Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Application

6.2.2.    By Region

7.    India Cleaning Services Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Application

7.2.2.    By Region

8.    India Security Services Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Application

8.2.2.    By Region

9.    India Catering Services Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Application

9.2.2.    By Region

10. India Support Services Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Application

10.2.2. By Region

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

13. Policy and Regulatory Landscape

14. India Economic Profile

15. Impact of COVID-19 on India Facility Management Market

16. Services Cost Analysis

17. Competitive Landscape

17.1.        Jones Lang LaSalle Property Consultants (India) Private Limited

17.2.        Quess Corp Limited

17.3.        Colliers International (India) Property Services Private Limited

17.4.        Sodexo India Services Private Limited

17.5.        BVG India Limited

17.6.        Updater Services Private Limited

17.7.        CBRE South Asia Private Limited

17.8.        SIS Limited

17.9.        Cushman and Wakefield India Private Limited

17.10.     Knight Frank India Private Limited

17.11.     EFS Facilities Services India Private Limited

17.12.     ISS Facility Services India Private Limited

18. Strategic Recommendations

Note: The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. eg: For 2023E, the data represents the period, 1st April 2022 to 31st March 2023.

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figures:

    Figure 1: India Facility Management Market Size, By Value (USD Billion), 2018-2028F

    Figure 2: India Facility Management Market Share, By Service, By Value, 2018-2028F

    Figure 3: India Facility Management Market Share, By Application, By Value, 2018-2028F

    Figure 4: India Facility Management Market Share, By Service Type, By Value, 2018-2028F

    Figure 5: India Facility Management Market Share, By Region, By Value, 2018-2028F

    Figure 6: India Facility Management Market Share, By Company, By Value, 2022

    Figure 7: India Facility Management Market Map, By Service, Market Size (USD Billion) & Growth Rate (%)

    Figure 8: India Facility Management Market Map, By Application, Market Size (USD Billion) & Growth Rate (%)

    Figure 9: India Facility Management Market Map, By Service Type, Market Size (USD Billion) & Growth Rate (%)

    Figure 10: India Facility Management Market Map, By Region, Market Size (USD Billion) & Growth Rate (%)

    Figure 11: India Property Facility Management Service Market Size, By Value (USD Billion), 2018-2028F

    Figure 12: India Property Facility Management Service Market Share, By Application, By Value, 2018-2028F

    Figure 13: India Property Facility Management Service Market Share, By Region, By Value, 2018-2028F

    Figure 14: India Cleaning Facility Management Service Market Size, By Value (USD Billion), 2018-2028F

    Figure 15: India Cleaning Facility Management Service Market Share, By Application, By Value, 2018-2028F

    Figure 16: India Cleaning Facility Management Service Market Share, By Region, By Value, 2018-2028F

    Figure 17: India Security Facility Management Service Market Size, By Value (USD Billion), 2018-2028F

    Figure 18: India Security Facility Management Service Market Share, By Application, By Value, 2018-2028F

    Figure 19: India Security Facility Management Service Market Share, By Region, By Value, 2018-2028F

    Figure 20: India Catering Facility Management Service Market Size, By Value (USD Billion), 2018-2028F

    Figure 21: India Catering Facility Management Service Market Share, By Application, By Value, 2018-2028F

    Figure 22: India Catering Facility Management Service Market Share, By Region, By Value, 2018-2028F

    Figure 23: India Support Facility Management Service Market Size, By Value (USD Billion), 2018-2028F

    Figure 24: India Support Facility Management Service Market Share, By Application, By Value, 2018-2028F

    Figure 25: India Support Facility Management Service Market Share, By Region, By Value, 2018-2028F

    Figure 26: India Average Annual Spending on Plumbing, By Type of Building, 2022 (USD)

    Figure 27: India Average Annual Spending on Painting, By Type of Building, 2022 (USD)

    Figure 28: India Average Annual Spending on AC Services, By Type of Building, 2022 (USD)

    Figure 29: India Average Annual Spending on Electrical Services, By Type of Building, 2022 (USD)

    Figure 30: India Average Annual Spending on Pest Control, By Type of Building, 2022 (USD)

    Figure 31: India Average Annual Spending on Masonry Services, By Type of Building, 2022 (USD)


    List of Tables

    Table 1: List of Tallest Buildings in India

    Table 2: Upcoming Hotel Projects in India, By Existing Hotels and Planned Hotels, By Expected Timeline of Execution of Projects, 2020

    Table 3: Number of Proposed Smart Cities in South India, By State (As of 2020)

    Table 4: Number of Proposed Smart Cities in West India, By State (As of 2020)

    Table 5: Number of Proposed Smart Cities in North India, By State (As of 2020)

    Table 6: Number of Proposed Smart Cities in East India, By State (As of 2020)