Facility Management Services Market in India - Analysis, Technologies & Forecasts to 2020 - Key Vendors are Avon FMS, CBRE & UDS - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Facility Management Services Market in India 2016-2020" report to their offering.

The FM services market in India is predicted to grow at a CAGR of 17.19% during the forecast period, owing to the developments in end-user industries and the need for a safe, comfortable, and professionally-maintained work environment. The presence of global and Indian MNCs across end-users drives the FM services segment in India. This is because they are the potential customers that have higher awareness levels, exposure to facilities, and a willingness to invest in facilities management services.

According to the report, demand from growing IT/ITES/BPO sector will be a key driver for market growth. The growth in BPO, IT, and ITES sectors has stimulated the demand for FM services in India. The country is the world's largest IT industry, accounting for approximately 65% of the global IT market. We expect the IT sector in India to grow at a rate of 12%-13% during FY2016-2017. Various hard services and soft services are required in most of the offices, resulting in a bright future for the FM services market. It is projected that by 2020, an additional 325 million sq. ft. of land in Tier I cities and 300 million sq. ft. of land in Tier II and III cities for office space would be created in the IT/ ITES industry.

Further, the report states that the subsequent challenge for the FM industry is to ensure that building facilities have cutting edge technologies that have a capability to evolve with time.

Key vendors:

  • Avon FMS
  • CBRE
  • Cushman & Wakefield
  • Jones Lang LaSalle
  • Knight Facilities Management
  • UDS

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by services

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/4v649w/facility

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Facilities Management

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Facilities Management