France Facility Management Market Size, Share, and COVID-19 Impact Analysis, By Type (Inhouse Facility Management, and Outsourced Facility Management), By End User (Commercial, Institutional, Public/Infrastructure, Industrial, and Others), and France Facility Management Market Insights, Industry Trend, Forecasts to 2033
Industry: Electronics, ICT & MediaFrance Facility Management Market Insights Forecasts to 2033
- The France Facility Management Market Size was valued at USD 117.48 Billion in 2023.
- The Market Size is Growing at a CAGR of 4.21% from 2023 to 2033
- The France Facility Management Market Size is Expected to Reach USD 177.47 Billion by 2033
Get more details on this report -
The France Facility Management Market Size is Anticipated to Reach USD 177.47 Billion by 2033, Growing at a CAGR of 4.21% from 2023 to 2033
Market Overview
Facility management (FM) is the integration of a physical workplace with an organization's workforce and work, encompassing equipment maintenance, space planning, and portfolio forecasting. The services offered include leadership and strategy, real estate and property management, project management, quality, human factors, emergency planning and business continuity, environmental sustainability, and more. Facility managers can monitor and control equipment from anywhere. FM teams use IoT to provide real-time data on their operations. IoT in conjunction with FM software, such as a computerized maintenance management system (CMMS), identifies problems, automatically prepares and assigns work orders without human intervention, and tracks their execution. The country's large private and public sector business entities also contribute to the FM market's growth. The market also offers opportunities for existing suppliers and new entrants from other countries to establish FM businesses in France. Also, the situation is shifting as FM awareness rises and outsourcing becomes more widely accepted. This is expected to lead to growth in France facility management market.
Report Coverage
This research report categorizes for the France facility management market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France facility management market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France facility management market.
France Facility Management Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 117.48 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 4.21% |
2033 Value Projection: | USD 177.47 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 154 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Type, By End User |
Companies covered:: | CBRE Group Inc, Cushman & Wakefield, Sodexo Group, VINCI Facilities, Atalian Group, ONET S.A., Elis S.A., L’Agence du Panier, AItenders, Veolia Environnement S.A., ISS World Services A/S, DEF network, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
Get more details on this report -
Driving Factors
Cloud-based solutions provide a reliable platform for hosting facility management software. This allows organizations to reduce costs, improve security, and improve teamwork among teams in different locations. These solutions also securely store sensitive data and improve security. Backups are stored on a shared or private cloud hosting platform, allowing organizations to easily recover critical server data. Secure logins allow easy access to data from anywhere with a stable internet connection. Cloud-based facility management solutions also increase customer satisfaction while lowering repair and maintenance costs. The integration of this cloud-based solution in facility management for enhancing efficiency and customer satisfaction is driving the market demand.
Restraining Factors
The lack of managerial awareness and standardization in facility management creates significant challenges for organizations.
Market Segmentation
The France facility management market share is classified into type and end user
- The outsourced facility management segment is expected to hold the largest market share through the forecast period.
The France facility management market is segmented by type into inhouse facility management and outsourced facility management. Among these, outsourced facility management segment is expected to hold the largest market share through the forecast period. The outsourcing model has evolved into an integrated services model capable of meeting all customers' core needs on a large scale. Additionally, as newer technology transforms how organizations work, integrated facility management has emerged as a critical component of smart buildings and work environments across the country.
- The commercial segment is expected to dominate the France facility management market during the forecast period.
Based on the end user, the France facility management market is divided into commercial, institutional, public/infrastructure, industrial, and others. Among these, the commercial segment is expected to dominate the France facility management market during the forecast period. Commercial entities include office buildings built or occupied by businesses, such as corporate offices for IT and communication, manufacturers, and other service providers. Because of the availability of necessary fittings, interiors, and commercial buildings, decoration and management have grown in importance, propelling the country's retail sector market forward.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the France facility management market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- CBRE Group Inc
- Cushman & Wakefield
- Sodexo Group
- VINCI Facilities
- Atalian Group
- ONET S.A.
- Elis S.A.
- L'Agence du Panier
- AItenders
- Veolia Environnement S.A.
- ISS World Services A/S
- DEF network
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In August 2023, CBRE announced that its Smart Facilities Management (FM) Solutions are being used to improve operational reliability and efficiency at over 20,000 Global Workplace Solutions client sites covering 1 billion square feet.
Market Segment
This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France facility management market based on the below-mentioned segments:
France Facility Management Market, By Type
- Inhouse Facility Management
- Outsourced Facility Management
France Facility Management Market, By End User
- Commercial
- Institutional
- Public/Infrastructure
- Industrial
- Others
Need help to buy this report?