DUBLIN--(BUSINESS WIRE)--The "Vietnam Facility Management Market Outlook to 2023 - By Single, Bundled and Integrated Services; By Soft Services (Housekeeping, Security, Landscaping and Others) and Hard Services, By End User Sectors" report has been added to ResearchAndMarkets.com's offering.
This report covers the Vietnam Facility Management market, business acquisition process vendor selection process, trends and developments, issues and challenges, SWOT analysis, competitive landscape and government regulations.
The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.
The industry revenue has increased at a positive CAGR of over 5% during the period 2013-2018.
This growth was supported by higher FDI inflows in the economy, public sector outsourcing, cost control measures, greater demand from end user sectors (such as commercial, industrial and others), rapid urbanization and technological advances, along with rising demand for commercial and residential spaces in the country, wherein market players catered to the needs of the clients for both hard and soft services.
Integrated Facility management market is relatively at a growing stage in the country and its popularity has grown in outsourcing of services and an aim to achieve cost and operational efficiency, for both clients and vendors. Facility management services are used by both local companies and MNCs in the country. However, the local companies usually prefer single or bundled services due to their small scale of operations whereas the MNCs prefer integrated facility management (IFM) services in Vietnam.
Vietnam Facility Management Market Segmentation
- By Soft Services and Hard Services.
- By Type of Services.
- By End User Sectors.
- By Personnel Type.
By Soft Services.
- By Hard Services.
The Vietnamese Facility Management services market is moderately concentrated in nature. JLL is the market leader and has the highest market share in the Facility Management market in Vietnam on the basis of revenue in 2018. This was followed by CBRE, RCR Resolve FM Vietnam, Sodexo, Aden, Atalian and others.
These market players compete on the basis of price of services, quality and knowledge of services, track record and past history within the industry and sectors serviced, skilled workforce, and established client relationships.
Vietnam Facility Management Future Outlook
In future, it is anticipated that Vietnam facility management industry revenue will increase at a positive CAGR during the period 2018 - 2023E. In Vietnam, it is expected that the demand for both soft and hard services will be augmented largely due to growth in the Government outsourcing through Public Private Partnerships (PPP) and Build operate transfer (BOT).
Increasing demand from multinational clients is likely to drive future demand for Integrated Facility Management (IFM) services in Vietnam with industrial expansion, commercial office buildings and infrastructure sector being the future penetration sectors for IFM services. The growth in residential, retail, commercial, industrial and infrastructure sectors' spending will further increase the demand of FM services.
- RCR Resolve FM Vietnam
- Aeon Delight
P. Dussmann Co. Ltd.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
2.1. Market Definitions
2.3. Consolidated Research Approach
2.4. Variables (Dependent and Independent)
2.5. Correlation Matrix
2.6. Regression Matrix
2.7. Limitations and Conclusion
3. Vietnam Facility Management - Market Overview and Size
3.1. Market Overview and Genesis
3.2. Business Acquisition Process
3.3. Market Size - Revenue, 2013 - 2018
4. Vietnam Facility Management Market Segmentation, 2018
4.1. By Types of Services (Soft and Hard Services), 2018
4.1.1. By Soft Services (Housekeeping, Security, Landscaping and others), 2018
4.1.2. By Hard Services (Electromechanical Services, Operation and Maintenance Services, Fire Safety and Security Systems), 2018
4.2. By Integrated, Bundled and Single Services, 2018
4.3. By End User Sectors (Commercial, Industrial, Hospitality, Residential, Infrastructure and others), 2018
4.3.1. By Commercial Sector, 2013 - 2018
4.3.2. By Residential Sector, 2013 -2018
4.3.3. By Industrial Sector, 2013 - 2018
4.3.4. By Infrastructure Sector, 2013 - 2018
4.4 By Personnel Type (In-House Personnel and Outsourced Personnel), 2018
5. Vendor Selection Process in Vietnam Facility Management Market
5.1 Vendor Selection Parameters
5.2 Vendor Selection Procurement Methodology
6. Trends and Developments in Vietnam Facility Management Market
7. Issues and challenges in Vietnam Facility Management Market
8. Regulatory Framework in Vietnam Facility Management Market
9. SWOT Analysis of Vietnam Facility Management Market
10. Market Share of Major Players (Competition Stage, Major Players and Competing Factors), 2018
11. Profiles of Major Facility Management Companies
12. Types of Contracts in Vietnam Facility Management Market
13. Vietnam Facility Management Market Future Outlook and Projections, 2018-2023E
14. Vietnam Facility Management Market Future Segmentation (2018-2023E)
15. Analyst Recommendations - Success Factors
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