Facility Management Market, United Kingdom, 2024-2030

Description

Technology, Sustainability, Workplace Optimization, and User Experience Drive Transformational Growth in Facility Management

This study analyzes the UK facility management (FM) market insights and revenue from end-user contracts, which includes the outsourced FM market (excluding in-house FM services). The market has returned to robust revenue growth following the shockwave from the COVID-19 pandemic in 2021. The UK FM is forecast to see a healthy 3.0% CAGR from 2024 to 2030. However, the pandemic's impact continues to be felt in working patterns and facility utilization. Just as the UK FM market had largely recovered from COVID-19-related disruptions, high inflation and low economic growth are new factors affecting growth. High inflation is increasing prices and revenues. However, while inflation will continue driving revenue expansion, it is forcing up costs and pressuring service providers' margins. Tight margins and skill requirements mean that partnerships, collaborations, and M&As will become commonplace. Nonetheless, there is an increased focus on sustainability, technology deployment, and workplace solutions, as the UK market represents one of the world's leading markets in innovation and transformation. Therefore, increased technology use and new business models will lead FM companies to acquire data analytics capabilities to complement excellence in service delivery.

Product Code: MH60-19

Scope and Segmentation

Scope of Analysis
Segmentation by Service Type
Segmentation by Customer Sector
Segmentation by Contract Type
FM Service Spectrum by Contract Type

Transformation in the UK Facility Management Industry

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the UK Facility Management (FM) Industry

Growth Environment

Key Findings and the CEO's 360-degree Perspective
UK FM Market in Numbers
UK FM Market Segmentation
UK FM Market Growth by Segment
5 Main Pillars of FM Transformation
UK FM Market Trends
Predictions and Conclusions

Ecosystem in the UK Facility Management Industry

Competitive Environment
Key Competitors by Service Background
Key Competitors by HQ Location/Parent Group Nationality
Competitive Outlook for FM in the United Kingdom
Revenue Market Share
Leading FM Suppliers by Service Type
Companies to Watch in 2024
Recent M&A Deals in the UK FM Market

Growth Generator in the UK Facility Management Market

Summary of the UK FM Market Growth Outlook
UK FM Market Overview
Top 5 FM Developments, 2024-2030
Future FM Trends
UK FM Universe: Total Addressable Market
UK FM Universe: Benchmarking Against Other European Countries
Growth Metrics
Growth Drivers
Growth Restraints
Economic Uncertainty in the United Kingdom: Areas of Impact
Revenue Forecast
Revenue Forecast Analysis
Revenue Forecast by Contract Type
Revenue Forecast Analysis by Contract Type
Revenue by Service Type
Revenue Forecast by Service Type
Revenue Forecast Analysis by Service Type
FM Market by Service Type across Customer Sectors
Market Growth Outlook by Service Type
FM Market by Customer Sector
Revenue Forecast by Customer Sector
Revenue Forecast Analysis by Customer Sector
FM Market by Contract Type across Customer Sectors
Market Growth Outlook by Customer Sector
FM Market by Region

Growth Opportunity Universe

Growth Opportunity 1: Decarbonization and Net Zero
Growth Opportunity 2: Customer Sector Alignment
Growth Opportunity 3: User Experience and Hospitality Services
Growth Opportunity 4: Supporting Customers' ESG Strategies
Growth Opportunity 5: Workplace Technology and Analytics
Growth Opportunity 6: Digital Transformation and AI for FM
Growth Opportunity 7: Remote FM Services
Growth Opportunity 8: Healthy and Sustainable Buildings
Growth Opportunity 9: Business Productivity and Organizational Resilience
Growth Opportunity 10: Service Integration and IFM

Appendix & Next Steps

Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
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