Product Type: Market Research Report
Published by: Frost & Sullivan
Published: May 2007
Product Code: R1-5816Description This Frost & Sullivan research service titled Integrated Facilities Management Service Market provides a market forecast of the industry and major participants attending to the business. In this study, Frost & Sullivan's expert analysts thoroughly examine the following end-use sectors: education, healthcare, government, and commercial.
Government Outsourcing Boosts Demand for IFM Services
Third party integrated facilities management (IFM) service market is growing steadily in Malaysia. Thin margins and competitive services are being offered by major participants within the country to beat all outsourcing taboos. "Refusing to jump on the third party IFM bandwagon will result in inflated expenditures on non-core activities within any establishment," according to the analyst. "Facts, figures and potential markets within the industry are vital for companies to capitalize on in Malaysia."
The Government is having a notable impact on the IFM industry in Malaysia. Its outsourcing practices are allowing potential revenues for local bumiputra participants within the country. The value contributed by domestic participants is another issue that needs to be dealt with, as the tendering processes focus more on the participant rather than their contribution. Nonetheless, there are benefits to the industry within Malaysia; the Government is expected to tender out more contracts particularly within the Ministry of Education and its universities.
Corporate Restructuring Likely to Benefit Local and International IFM Participants
Malaysia is the second fastest growing economy in the Southeast Asian region, with an average gross national product (GNP) growth of greater than 8 percent per year in the last seven years. Since obtaining its independence in 1957, Malaysia has moved from an agriculture-based economy to a more diversified and export-oriented one. In turn, Malaysia is receiving a myriad of foreign direct investments and enjoying globalization as more Fortune 500 companies operate from the country.
The need to restructure businesses as a result of company inefficiency has become a major driver for the IFM services market. As corporations are restructuring, they are trying to concentrate on areas of their core competencies, which are a source of revenues for them, rather than manage services, that do not effectively generate revenues for them, but dilute their efforts. "Typically, it has been observed that high technology corporations involved in semiconductor manufacturing, pharmaceuticals, information technology, and financial services are moving in the direction of outsourcing their facilities to IFM service providers," explains the analyst. "This move is helping them to free manpower resources for redeployment in revenue generation activities."Table of Contents - 1. Executive Summary
- 1. Market Overview and Definition
- 1. Overview
- 2. Definition
- 2. Summary of Major Findings
- 1. Market and Technology Trends
- 2. Outsourcing versus Out-tasking
- 3. Integrated Facilities Management (IFM) Outsourcing Trends
- 4. Key Market Trends in the Integrated Facilities Management (IFM) Services Market in Malaysia
- 3. Market Segment Analysis
- 1. Healthcare
- 2. Education
- 3. Government
- 4. Commercial
- 5. Telecommunication
- 2. Analysis of Integrated Facilities Management (IFM) Services Market in Malaysia
- 1. Integrated Facilities Management (IFM) Services Market Analysis
- 1. Country's Economic Background
- 2. Market Overview
- 3. Market Engineering Measurements
- 2. Market Dynamics
- 1. Market Challenges I
- 2. Market Challenges II
- 3. Market Drivers I
- 4. Market Drivers II
- 5. Market Restraints
- 3. Key Market Trends
- 1. Key Market Trends
- 2. Competitive Trends
- 3. Pricing Trends
- 4. Technology Trends
- 5. Tendering Trends
- 4. The Competitive Advantage of Local Firms
- 1. Competitive Advantage of Local Firms
- 2. Specialization
- 3. Customer Relationship Management
- 4. Local Content
- 5. Lower Overheads
- 6. Quality Control
- 5. Third-party Management Market
- 1. Third-party Management Market
- 2. Categories of Third-party Management
- 3. Common Third-party Management Services
- 6. Benefits to Third-party Management
- 1. Benefits to Third-party Management
- 2. Integrated Facilities Management (IFM) Services Offer a Variety of Products
- 3. Expected Benefit of Third-party Management
- 4. In-house versus Outsourcing
- 5. Advantages of In-house Facility Management
- 6. Advantages of Contracting to Third-party Providers
- 7. Other Issues to Consider
- 3. Trends and Forecasts for Integrated Facilities Management (IFM) Services Market in Malaysia
- 1. Market Overview
- 1. Integrated Facilities Management (IFM) Market Overview
- 2. Strategic Role of the Integrated Facilities Manager
- 3. Key Findings
- 2. Revenue Forecasts
- 1. Integrated Facilities Management (IFM) Revenue Forecasts
- 3. Trends by Service Types
- 1. Janitorial Services Sector
- 2. Mechanical and Electrical Services Sector
- 3. Security Environmental Landscaping and Other Services Sector
- 4. Key IFM Players in Malaysia
- 1. Participant-Global Facilities Management (GFM)
- 2. Participant-Radicare
- 3. Participant-Cofreth
- 4. Participant-AWC Facility Solution
- 5. Participant-Peransang Jati
- 4. End-user Analysis for Integrated Facilities Management (IFM) Services Market in Malaysia
- 1. Introduction and Overview
-
- 1. End-user Market Information
- 2. Switching Perspective and Strategic Understanding
-
2. Key Trends by End-user Verticals
- 1. End-user Verticals
2. Integrated Facilities Management (IFM) in Commercial Office Buildings
3. Integrated Facilities Management (IFM) in Commercial Retail Segment
4. Integrated Facilities Management (IFM) in Education Facilities
5. Integrated Facilities Management (IFM) in Healthcare Facilities
6. Integrated Facilities Management (IFM) in Government Facilities
5. Econometrics
1. Decision Support Database
- 1. Nominal Gross Domestic Product
- 2. Gross Domestic Product Per Capita
- 3. Labour Force
List of Figures
Chapter 1
Integrated Facilities Management Service Market: Revenue Forecast (Malaysia), 2003-2013
Chapter 2
Integrated Facilities Management Service Market: Market drivers ranked in order of impact (Malaysia), 2007-2013
Integrated Facilities Management Service Market: Market restraints ranked in order of impact (Malaysia), 2007-2013
Integrated Facilities Management Service Market: Market challenges ranked in order of impact (Malaysia), 2007-2013
Integrated Facilities Management Market: Company Market Share by Revenues (Malaysia), 2006
Integrated Facilities Management Service Market: Database of Key Industry Participants by Service (Malaysia), 2006
Integrated Facilities Management Service Market: Database of Key Industry Participants by End Users (Malaysia), 2006
Chapter 3
Integrated Facilities Management Service Market: Revenue Forecasts (Malaysia), 2007-2013
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