DUBLIN--(BUSINESS WIRE)--The "Facility Management Services Market in India 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The analysts forecast the Facility Management Services Market in India to grow at a CAGR of 17.56% during the period 2018-2022.
Facility management services are outsourced to a third-party service provider to maintain a facility. These services consist of housekeeping, cleaning, security, catering, electrical management, and water management.
The report covers the present scenario and the growth prospects of the facility management services market in India. To calculate the market size, the report considers the revenue generated from services offered such as soft services and hard services.
The increase in outsourcing by government will be a key trend for market growth. With the increasing salaries of public sector employees and need for performance-based specialist jobs, public sector organizations are adopting third-party facility management service providers. The outsourcing of services to facility management companies will reduce the expenses of the government.
The development of SEZs and mega food parks will drive the market growth. The development of SEZs in India provide companies with tax and business-related benefits. The government of India revamped its SEZ policy to increase investments in SEZ. .
The report states that the employee attrition and training will impact the market growth. Facility management services require volume of skilled, semi-skilled, and unskilled manpower. The market witnesses' shortage of skilled and semi-skilled manpower to provide numerous services. The shortage of skilled manpower for services with technical expertise is a challenge for the service providers in the market.
Companies Mentioned
- CB Richard Ellis
- Cushman & Wakefield
- Jones Lang LaSalle
- Mortice (Tenon FM)
- Quess (Avon FMS)
- Updater Services
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Service
8: Market Segmentation By End-User
9: Customer Landscape
10: Regional Landscape
11: Decision Framework
12: Drivers And Challenges
13: Market Trends
14: Vendor Landscape
15: Vendor Analysis
16: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/lvx4l2/india_facility?w=4
