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Southern Europe Integrated Facilities Management MarketsProduct Type: Market Research ReportPublished by: Frost & Sullivan Published: May 2006 Product Code: R1-5206 Description The southern European IFM market is still in the stage of early development and has a high potential for growth. At present already it has a few domestic integrated facilities management (IFM) companies (particularly in France and Spain) and a majority of international participants (in Italy). Most of the companies present in the market have a background in either Building Operations and Maintenance or support services.
Research Overview This Frost & Sullivan research service titled Southern Europe Integrated Facilities Management Markets provides an overview of the trends in the I-FM markets in France, Italy and Spain. The study includes a complete analysis of key market drivers, restraints and market segments. It also offers a description of the market shares of leading participants. Market Sectors Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research: By Service Type:
Growing Acceptance of I-FM in Public Sector to Promote Market Expansion Countries such as Italy and France are well known for their strong labour legislation towards civil servants, which acts as a barrier against outsourcing facilities management. As a result, the public sector is more likely to rely on its own employees for facilities management. However, in recent times, both the private and, to a less extent, the public sector have gradually realised that significant cost saving in terms of employees can be achieved from integrated facilities management (I-FM). With the impact of the private-public partnership programme (PPP) initiatives, the health sector, local administrations and the Army, which account for the major part of the public sector, are investing in I-FM. The evolution of IFM depends largely on the gradual shift from in-house to outsourced management. Presently, the market, which comprises few domestic IFM companies, (particularly in France and Spain) and a majority of international participants (in Italy), is still in the embryonic stage. Hospitals are becoming the largest representatives of the public sector. Here, the focus on I-FM projects includes support services (such as cleaning, catering, reception and security) and maintenance. The main reason for the increase in I-FM initiatives in the health sector can be attributed to the efficiency of services offered by I-FM service providers. "Greater involvement of the public sector in I-FM initiatives, particularly from the health sector, local administrations and the Army are indicators of potential growth in the market," notes the analyst of this research service. "The participation of new international entrants in the Spanish and Italian I-FM markets in recent years also signifies signs of market progress." Underpinned by these trends, market revenues, estimated at $ 548.0 million in 2004 are anticipated to reach $983.2 million by 2011. Enhanced Emphasis on Service Delivery Pivotal to Market Success Due to increasing competition in certain regions such as Italy, I-FM companies are compelled to reduce prices to attract clients and gain a competitive advantage. "This strategy can be worthwhile only until clients gain awareness of the I-FM concept", states the analyst. "Moreover, I-FM specialists that implement price reduction will not be able to generate profits and this is likely to spiral into a financial difficulty in the future." Instead, I-FM participants should focus their strategies on marketing their service offerings to create demand among potential clients. Promoting the advantages of having a single provider for all I-FM services will prove beneficial. This is crucial since awareness of the I-FM concept and its advantages remains low. Meeting the needs of customers in terms of quality service delivery and possessing good track records with favourable references will assist in achieving market success. Table of Contents
1. Introduction of the Southern Europe IFM Market 1. Introduction of the Southern Europe Integrated Facilities Management Market 2. Key Market Challenges 1. Key Industry Challenges 3. Market Drivers And Restraints 1. Market Drivers a. Cost Savings b. Providing Quality of Services 2. Market Restraints a. Local Legislation b. Low Awareness 4. Analysis of The Main Customer Segments 1. Analysis of thr Main End-user Sectors 5. Competitive Structure Analysis 1. Competitive Structure 2. The French IFM Market 1. Overview 1. Overview of the French IFM Market 2. Outsourcing Penetration 3. Market Drivers a. Cost Saving b. More Professionalism 4. Market Restraints a. Social Conditions, Environment and Regulations b. Influence of the Trade Unions 2. Trends 1. Trends by End-users Sectors 2. Trends by Service Type 3. Market Size and Revenue Forecasts 3. Competitive Analysis 1. Competitive Structure 2. Market Share Analysis 3. The Italian IFM Market 1. Overview 1. Overview of The Italian IFM Market 2. Outsourcing Penetration 3. Market Drivers a. Increasing Awareness 4. Market Restraints a. Customer's Perception of Losing Control of Their FM 2. Trends 1. Trends by End-Users Sectors 2. Trends by Service Type 3. Market Size and Revenue Forecasts 3. Competitive Analysis 1. Competitive Structure 2. Market Share Analysis 4. The Spanish IFM Market 1. Overview 1. Overview of the Spanish IFM Market 2. Outsourcing Penetration 3. Market Drivers. a. Cost Savings b. Finding Synergies 4. Market Restraints a. No Clear Definition and Perception of I-FM 2. Trends 1. Trends by End-users Sectors 2. Trends by Service Type 3. Market Size and Revenue Forecasts 3. Competitive Analysis 1. Competitive Structure 2. Market Share Analysis 5. Frost & Sullivan Awards 1. Award for Growth Strategy Leadership 1. Award Introduction 2. Award Recipient List of Figures Chapter 1 Chapter 2 Chapter 3 Chapter 4 |
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