Technology, Sustainability, Workplace Optimization, and User Experience Drive Transformational Growth in Facility Management
Just as the European Facility Management markets have largely recovered from COVID-19-related disruptions, economies have been hit by high inflation and low economic growth. High inflation is acting as a tailwind for increased prices and revenues; however, while this will continue driving revenue expansion, it is forcing up costs and pressuring Facility Management (FM) service providers’ margins.
In addition, changes in technology, the labor force, and workplaces impact FM customer bases, value propositions, and service needs, which calls for technology and service innovation, new value propositions, and better business models. Too many FM companies have been slow to innovate their technology and service business models. These companies are facing service commoditization and margin erosion, and there is a pressing need for market players to move away from the business-as-usual mindset.
This analysis identifies the 10 growth opportunities for Facility Management expansion as the market continues to recover and redefine itself after the pandemic. It also presents the growth outlook for the market until 2030.
It examines the competition and workplace future, customer segments, service trends, service integration strategies, competitive trends, technology impact, and the market outlook by country, namely the United Kingdom, France, Germany, Italy, Spain, the Nordics, Benelux, Central and Eastern Europe (CEE), and the Rest of Europe (RoE).
