Theo tin Ken Research hay prnewswire.com
GURUGRAM, India, May 7, 2019 /PRNewswire/ —
Key Findings
The industry revenue for soft services is expected to increase at a CAGR of 5.2% during the period 2018-2023E, while the industry revenue for hard services will increase at a CAGR of 8.8% during the same period.
Higher inflow of FDI across sector, government spending on infrastructure development and increasing demand of commercial office spaces from MNC’s and big corporate are likely to be the key focus areas for integrated facility management (IFM) services.
Trends such as alternative use of spaces, development of smart cities environmental sustainability, sustainable procurement and adoption of technologies such as IOT and artificial intelligence are expected to shape the delivery of services in future.
Growing demand of Integrated Facility Management (IFM) Services: Vietnam integrated facility management market is at a growing stage and its penetration has been relatively low in the past due to the lack of standardization of contracts, lack of awareness of the benefits of such services amongst end users and low affordability in the market. However, the growing trend in adopting IFM services can be attributed to greater focus on cost cutting measures and achieving operational efficiency by the end clients. In future, it is anticipated that, IFM will contribute 12.5% share in generating revenues for the facility management industry in Vietnam in 2023E.
Rapid increase in Outsourcing of Public Sector Projects: In future it is anticipated that, outsourcing of public sector projects through PPP and Build operate transfer (BOT) will increase the demand for managing critical environment (crude oil, Gas Pipe lines, electricity grids and others) that requires high skills. Moreover, they carry higher profit margins and require a longer tenure of service.
Disinvestment measures adopted by the Government: Due to inefficient operations of the state owned enterprises, the governments has taken measures to disinvest a large chuck of public sector enterprises over the last 5 years and are going to continue with this course. Privatization of industries will lead to better quality control measures and higher standards of production which will inevitably call for more facility management services.
Increase in Commercial activities: An increase in commercial activities has lead to greater utilization of available space, thereby placing importance on efficiency. This has also lead to the rise of alternate uses of space, co-working spaces and so on. Commercial sector contributed the highest revenue share of 40.0% to the overall facility management industry in Vietnam in 2018. In-house personnel have contributed above 55% in generating revenues in the overall facility management market in 2018.
Analysts at Ken Research in their latest publication “Vietnam Facility Management Market Outlook to 2023 – By Single, Bundled and Integrated Services; By Soft Services (Housekeeping, Security, Landscaping and Others) and Hard Services (Electromechanical Services, Operations and Maintenance Services, Fire Safety and Security Systems), By End User Sectors (Commercial, Industrial, Hospitality, Residential, Infrastructure and Others)” believed that the facility management market in Vietnam will increase due to greater FDI inflows and increasing partnerships with major domestic players for specific expertise in the (soft and hard) services. The market is expected to register a positive CAGR of 6.0% in terms of revenue during the forecast period 2018-2023E.
Key Segments Covered
By Soft Services and Hard Services
Soft Services
Housekeeping (including Cleaning)
Landscaping
Security
Others (Waste Management, Mail Delivery Services)
Hard Services
Electromechanical Services (including HVAC)
Operational and Maintenance Services
Fire Safety and Security Systems
By Type of Services
Single Services
Bundled Services
Integrated Facility Services
By End User Sectors
Commercial sector
Industrial Sector
Hospitality Sector
Residential sector
Infrastructure and others
Time Period Captured in the Report:
Historical Period: 2013-2018
Forecast Period: 2019-2023E
Companies Covered:
JLL
CBRE
RCR Resolve FM Vietnam
Sodexo
Aden
Atalian
Savills
Aeon Delight
PMC
P. Dussmann Co. Ltd.
Key Topics Covered in the Report
Introduction on Vietnam Facility Management Market
Business Acquisition Process in Vietnam Facility Management Market
Vietnam Facility Management Market Overview and Genesis
Vietnam Facility Management Market Size by Revenue, 2018
Vietnam Soft Facility Management Market Segmentation
Vietnam Hard Facility Management Market Segmentation, 2018
Trends and Developments in the Facility Management Market
Issues and Challenges in the Facility Management Market
Vendor Selection Process
SWOT Analysis of Vietnam Facility Management Market
Competitive Landscape in Vietnam Facility Management Market
Vietnam Facility Management Market Future Outlook and Projections, 2018-2023E
For more information on the market research report, please refer to the below link:
https://www.kenresearch.com/manufacturing-and-construction/real-estate/vietnam-facility-management-market/197078-97.html
Other Related Reports
Australia Facility Management Market Outlook To 2023 – By Single, Bundled And Integrated Services, By Soft (Cleaning, Security And Other Services) And Hard Services (Electromechanical, Operations And Maintenance, Fire And Safety), By End User Sectors
The report provides a comprehensive analysis on the Facility Management Industry of Australia. The report covers various aspects including introduction on Australia 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.
Australia Facility Management market is at a matured stage. Australia Facility Management market in terms of revenue has increased at a positive CAGR during the period FY’2013-FY’2018. This growth was supported by public sector outsourcing, cost control measures, greater demand from many end user sectors, adoption of sustainable practices 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. The customers in the market are highly price sensitive.
Indonesia Facility Management Market Outlook To 2023 – By Single, Bundled And Integrated Services; By Soft Services (Housekeeping, Security, Landscaping And Others ) And Hard Services (Electromechanical Services, Operations And Maintenance Services, Fire Safety And Security Systems), By End User Sectors (Industrial, Commercial, Residential, Infrastructure And Others)
The report covers introduction on Indonesia 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. Indonesia Facility Management market is at the growing stage. Indonesia Facility Management market in terms of revenue has increased at a positive CAGR during the period 2012-2018(P). This growth was supported by the growth of multinational companies, especially in the construction industry, along with rising demand for industrial and residential spaces in the country, wherein market players catered to the needs of the clients for both hard and soft services. The customers in the market are highly price sensitive and lack awareness about the importance of facility management services has resulted in low penetration.
Philippines Facility Management Market Outlook To 2022 – By Soft And Hard Facility Management Services; By Single Services, Bundled Services And Integrated Services And By Sectors (Commercial, Residential, Healthcare, Industrial And Infrastructure)
The report provides a comprehensive analysis on market size by revenue (2012-2017), market segmentation by soft and hard facility management services, by single services, bundled services and integrated services and by sectors, soft services facility management market segmentation by type of services (housekeeping, security, landscaping and others), hard services facility management market segmentation by type of services (electromechanical, operations and maintenance services, Fire Safety and Security Services), competition scenario, shares and company profiles of major players in the market, vendor selection process, trends and developments, issues and challenges in the facility management market and SWOT analysis of the industry. The report also includes future outlook for the market (2018-2022) including estimated market size in terms of revenue and market segmentation by soft and hard facility management services, by single services, bundled services and integrated services and by sectors.
The report is useful for facility management companies, real estate and consulting companies to align their market centric strategies according to ongoing and expected trends in the future.
Oman Facility Management Market Outlook to 2022 – By Soft Services (Housekeeping, Landscape Access and Façade Access, Security, Others) and By Hard Services (HVAC, Electromechanical, Operational and Maintenance, Fire Safety and Security)
The report provides a comprehensive analysis of Facility Management in Oman. The report focuses on overall market size, market segmentation by Types of Services (Single, Bundled and Integrated Services), by Sectors (Commercial, Hospitality, Residential, Industries and other sectors), by In house and Outsourcing services and by Hard and Soft Services. The report also covers the overall trends and developments, Vendor selection process and Competitive landscape. The report concludes with market projections for future for the market described above highlighting the major opportunities and cautions for Oman Facility Management.
The Facility Management (“FM”) market in Oman has witnessed robust growth during the review period; however, the market is still in its growth stage. The market is highly fragmented with large number of players operating within the FM industry. The FM market in the past was dominated by soft services but technological advancement and increasing need for building maintenance has resulted in rising demand for hard services. The major growth drivers for the industry include the booming real estate market, growing construction industry, increasing number of shopping malls and supermarkets, expanding hospitality sector and focus on Green Buildings aligned to Vision 2030; creating opportunities for FM services in the country.
Contact Us:
Ankur Gupta, Head Marketing
Ken Research Private Limited
Ankur@kenresearch.com
+91-9015378249
SOURCE Ken Research
SCOPE
1. Executive Summary
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
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
10.1 Service Matrix Company Wise
11. Profiles of Major Facility Management Companies (Company Overview, Service Portfolio, Regional Presence, Revenue from facility management, Recent developments, Major clientele, Strengths, Weaknesses, Number of employees, Major sectors served and Business Strategy)
11.1. JLL Vietnam
11.2. CBRE
11.3. RCR Resolve FM Vietnam
11.4. Sodexo
11.5. Aden
11.6. Atalian
11.7. Savills
11.8. AEON Delight
11.9. Property and Management Company (PMC)
11.10. P. Dussmann Vietnam Co. Ltd.
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)
14.1 By Types of Services (Soft and Hard Services), 2018-2023E
14.1.1 By Types of Soft Services (Housekeeping, Security, Landscaping and others), 2018-2023E
14.1.2. By Types of Hard Services (Electromechanical Services, Operation and Maintenance Services, Fire Safety and Security Systems), 2018-2023E
14.2 By Integrated, Bundled and Single Services, 2018 – 2023E
14.3 By End User Sectors (Commercial, Industrial, Hospitality, Residential, Infrastructure and others), 2018
14.3.1. By Commercial Sectors, 2018 – 2023E
14.3.2. By Residential Sectors, 2018 – 2023E
14.3.3. By Industrial Sectors, 2018 – 2023E
14.3.4. By Infrastructure Sectors, 2018 – 2023E
14.4. By Personnel Type (In-House Personnel and Outsourced Personnel), 2018 – 2023E
15. Analyst Recommendations – Success Factors
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