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India Facility Management Market By Service (Property, Cleaning, Security, Support, Catering & Others), By Application (Commercial, Residential, and Industrial), By Service Type (Hard and Soft) and By Region, Competition Forecast & Opportunities, 2018-2028

India Facility Management Market By Service (Property, Cleaning, Security, Support, Catering & Others), By Application (Commercial, Residential, and Industrial), By Service Type (Hard and Soft) and By Region, Competition Forecast & Opportunities, 2018-2028

The India facility management market stood at USD46.27 billion in 2022 and is forecast to grow at a CAGR of 14.84% by 2028. The growing number of organizations seeking to strengthen their positions in the India facility management market and increasing shift towards energy efficient buildings is anticipated to boost the India facility management market.

Facility management (FM) is a profession which includes various disciplines ensuring comfort, functionality, efficiency, and safety of the built environment by incorporating place, people, process, and technology. Facility Management (FM) aims at how these services are being managed. It is a management discipline that ensures efficient and effective support services for different organizations. It is a function within an association that incorporates people, process, place, and technology within the existing environment and aims at improving the productivity of the organization and the quality of people’s lives. Facility management covers a range of areas such as cleaning, security, health & safety, building maintenance, catering & hospitality, environmental services such as waste management, etc.

Growth in Corporate Outsourcing of Facility Management Driving Market Growth
Outsourcing facility management services has increased over the recent years across nation. Businesses in the country have started realizing the benefits of outsourcing non-core business operations such as facility operations and maintenance, cleaning, etc. Outsourcing such activities helped various businesses to focus on their core business objectives. The pandemic and its economic aftermaths have further necessitated the firms to evaluate the requirement of outsourcing non-core operations to emphasize regaining profits as that of pre-covid levels. The escalated outsourcing in corporate businesses is driving the growth of the India facility management market.

Rising Demand for Energy Efficient Buildings Driving Market Growth
Rising climate change concerns have triggered the need to reduce energy consumption to lessen the greenhouse impact across the country. The construction of green buildings is one of the key means of promoting the use of environment-friendly solutions to ensure sustainable development. Green building refers to both the structure and processes that are environmentally friendly and resource-efficient throughout the lifecycle of a building, starting from its design, construction, operation, maintenance, and renovation to demolition. Compliance with these buildings often requires specialized and skilled executives. A facility manager is a thoroughly educated practitioner of the sustainable built environment. The increasing shift towards sustainable and energy-efficient buildings is anticipated to drive the India facility management market.

Technological Integration Driving Market Growth
The Internet of Things (IoT) has been increasingly gaining acceptance in the Indian facility management industry, given its ability to improve customer service quality. The rising demand for building automation in functions such as air conditioning of buildings, ventilation, automated security has led to increasing IoT integration in facility management. IoT enables technology-based communication among various facilities in a building. It allows facility managers to undertake tasks considered hazardous or difficult for humans, thereby increasing the scope of facility management services. Additionally, to enhance secured data management, facilities teams have been closely collaborating with IT departments to ensure the security of all internet-connected devices. IoT coupled with automation and real-time data analysis will help in predictive and condition-based maintenance, which is anticipated to augment the demand for facility management services across India during the upcoming years.


Market Segmentation
India facility management market is segmented based on service, application, service type, and region. Based on service, the market is segmented into property, cleaning, security, support, catering, and others. Based on application, the market is segmented into commercial, residential, and industrial. Based on service type, the market is further divided into hard services and soft services.

Company Profiles
Jones Lang LaSalle Property Consultants (India) Private Ltd, Quess Corp Limited, Colliers International (India) Property Services Private Limited, Sodexo India Services Private Limited, BVG India Limited, Updater Services Private Limited, CBRE South Asia Private Limited, SIS Limited, Cushman and Wakefield India Private Limited, Knight Frank India Private Limited, EFS Facilities Services India Private Limited, ISS Facility Services India Private Limited are among the major market players that lead the market growth of the India facility management market.


Report Scope:
In this report, India facility management market has been segmented into the following categories in addition to the industry trends which have also been listed below:
•India Facility Management Market, By Service:
oProperty
oCleaning
oSecurity
oCatering
oSupport
oOthers
•India Facility Management Market, By Service Type:
oSoft Services
oHard Services
•India Facility Management Market, By Application:
oCommercial
oResidential
oIndustrial
•India Facility Management Market, By Region:
oNorth
oWest
oSouth
oEast
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India facility management market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).
Table of Contents

1.Service Overview
2.Research Methodology
3.Executive Summary
4.Voice of Customer
4.1.Overall Brand Satisfaction Level
4.2.Brand Satisfaction Level wrt Availability
4.3.Brand Satisfaction Level wrt Mode of Distribution
4.4.Brand Satisfaction Level wrt Pricing
4.5.Brand Satisfaction Level wrt Sales Service
5.India Facility Management Market Overview
5.1.Industry Structure and Stakeholders
5.2.Porter’s Five Force Analysis
5.3.Market Size & Forecast
5.3.1.By Value
5.4.Market Share & Forecast
5.4.1.By Service (Property, Cleaning, Security, Support, Catering & Others)
5.4.2.By Application (Commercial, Residential, and Industrial)
5.4.3.By Type (Hard and Soft)
5.4.4.By Region (North, West, East & South)
5.4.5.By Company (2022)
5.5.India Facility Management Product Market Map (By Service, By Application, By Service Type, By Region)
6.India Property Services Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Application
6.2.2.By Region
7.India Cleaning Services Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Application
7.2.2.By Region
8.India Security Services Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Application
8.2.2.By Region
9.India Catering Services Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Application
9.2.2.By Region
10.India Support Services Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Application
10.2.2.By Region
11.Market Dynamics
11.1.Drivers
11.2.Challenges
12.Market Trends & Developments
13.Policy and Regulatory Landscape
14.India Economic Profile
15.Impact of COVID-19 on India Facility Management Market
16.Services Cost Analysis
17.Competitive Landscape
17.1.Jones Lang LaSalle Property Consultants (India) Private Limited
17.2.Quess Corp Limited
17.3.Colliers International (India) Property Services Private Limited
17.4.Sodexo India Services Private Limited
17.5.BVG India Limited
17.6.Updater Services Private Limited
17.7.CBRE South Asia Private Limited
17.8.SIS Limited
17.9.Cushman and Wakefield India Private Limited
17.10.Knight Frank India Private Limited
17.11.EFS Facilities Services India Private Limited
17.12.ISS Facility Services India Private Limited
18.Strategic Recommendations
Note: The data given for any year represents the market during the period, i.e., 1st April of the previous year to 31st March of that year. eg: For 2023E, the data represents the period, 1st April 2022 to 31st March 2023.List of Figures

Figure 1: India Facility Management Market Size, By Value (USD Billion), 2018-2028F
Figure 2: India Facility Management Market Share, By Service, By Value, 2018-2028F
Figure 3: India Facility Management Market Share, By Application, By Value, 2018-2028F
Figure 4: India Facility Management Market Share, By Service Type, By Value, 2018-2028F
Figure 5: India Facility Management Market Share, By Region, By Value, 2018-2028F
Figure 6: India Facility Management Market Share, By Company, By Value, 2022
Figure 7: India Facility Management Market Map, By Service, Market Size (USD Billion) & Growth Rate (%)
Figure 8: India Facility Management Market Map, By Application, Market Size (USD Billion) & Growth Rate (%)
Figure 9: India Facility Management Market Map, By Service Type, Market Size (USD Billion) & Growth Rate (%)
Figure 10: India Facility Management Market Map, By Region, Market Size (USD Billion) & Growth Rate (%)
Figure 11: India Property Facility Management Service Market Size, By Value (USD Billion), 2018-2028F
Figure 12: India Property Facility Management Service Market Share, By Application, By Value, 2018-2028F
Figure 13: India Property Facility Management Service Market Share, By Region, By Value, 2018-2028F
Figure 14: India Cleaning Facility Management Service Market Size, By Value (USD Billion), 2018-2028F
Figure 15: India Cleaning Facility Management Service Market Share, By Application, By Value, 2018-2028F
Figure 16: India Cleaning Facility Management Service Market Share, By Region, By Value, 2018-2028F
Figure 17: India Security Facility Management Service Market Size, By Value (USD Billion), 2018-2028F
Figure 18: India Security Facility Management Service Market Share, By Application, By Value, 2018-2028F
Figure 19: India Security Facility Management Service Market Share, By Region, By Value, 2018-2028F
Figure 20: India Catering Facility Management Service Market Size, By Value (USD Billion), 2018-2028F
Figure 21: India Catering Facility Management Service Market Share, By Application, By Value, 2018-2028F
Figure 22: India Catering Facility Management Service Market Share, By Region, By Value, 2018-2028F
Figure 23: India Support Facility Management Service Market Size, By Value (USD Billion), 2018-2028F
Figure 24: India Support Facility Management Service Market Share, By Application, By Value, 2018-2028F
Figure 25: India Support Facility Management Service Market Share, By Region, By Value, 2018-2028F
Figure 26: India Average Annual Spending on Plumbing, By Type of Building, 2022 (USD)
Figure 27: India Average Annual Spending on Painting, By Type of Building, 2022 (USD)
Figure 28: India Average Annual Spending on AC Services, By Type of Building, 2022 (USD)
Figure 29: India Average Annual Spending on Electrical Services, By Type of Building, 2022 (USD)
Figure 30: India Average Annual Spending on Pest Control, By Type of Building, 2022 (USD)
Figure 31: India Average Annual Spending on Masonry Services, By Type of Building, 2022 (USD)

Report Title: India Facility Management Market By Service (Property, Cleaning, Security, Support, Catering & Others), By Application (Commercial, Residential, and Industrial), By Service Type (Hard and Soft) and By Region, Competition Forecast & Opportunities, 2018-2028


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