Research Expert: Sarah Overall
  • Published: Feb 2025
  • Pages: 150
  • SKU: IRTNTR70630

  • Latest News- Facility Management Services Market in India: Soft services is expected to lead the Service segment during 2025-2029

    The Facility Management Services Market in India is being driven by Rising levels of outsourcing in building management

    The Facility Management Services Market in India is expected to grow at a CAGR of 20.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 31.5 billion. In the Facility Management Services Market in India, technological advancements are set to revolutionize the industry, offering significant opportunities for companies to enhance their operations and service delivery. The integration of modern technologies such as smart security surveillance systems, intelligent building control systems, and advanced robotics will enable providers to optimize costs, enhance quality, and reduce response times. Failure to adapt to these technological advancements may result in a competitive disadvantage. Thus, it is imperative for companies to embrace technological evolution and leverage its potential to remain competitive and deliver superior value to clients. 

    Get more information on Facility Management Services Market in India by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Service
      • Soft services
      • Hard services
    • End-user
      • IIBB
      • Manufacturing
      • Infrastructure
      • Healthcare
      • Others
    • Type
      • Fixed-term
      • On-demand
    • Geography
      • India

    According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

    • Rising levels of outsourcing in building management
    • Development of SEZs and mega food parks
    • Focus on smart cities

    However, the market also witnesses some limitations, which are as follows:

    • Regulatory and compliance issues
    • Employee attrition and training
    • Slow adoption of new technologies

    Benefits of Buying Global Facility Management Services Market in India Research Report by Technavio

    Rich Experience: 20+ years leading global market research, trusted insights across industries.

    Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

    Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

    Market Scope in Facility Management Services Market in India Research Report

    Market Scope

    Report Coverage

    Details

    Page number

    166

    Base year

    2024

    Historic period

    2019-2023

    Forecast period

    2025-2029

    Growth momentum & CAGR

    Accelerate at a CAGR of 20.5%

    Market growth 2025-2029

    USD 31.5 billion

    Market structure

    market_structure.ucfirst

    YoY growth 2024-2025(%)

    15.7

    Key countries

    India, APAC, and India

    Competitive landscape

    Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

    Request Free Sample

    Find out which segment is leading the market by accessing the free PDF report

    Research Analysis Overview

    In India's Facility Management Services Market, manufacturing services focus on processes involving digital manufacturing technologies in design, servicing, and maintenance of final products. Product managers oversee the product life cycle from production lines, utilizing resources and value chain management for customer satisfaction. Smart factories integrate operations technology and information technology for digital transformation, enhancing product innovation through real-time feedback from smart machines, sensors, and tooling. Sourcing and engineering design are also crucial elements in this dynamic industry.

    Market Research Overview

    The Facility Management Services Market in India is witnessing significant growth, driven by the adoption of advanced manufacturing processes and digital manufacturing technologies. Companies are investing in design and servicing to optimize manufacturing decision-making, reduce costs, and accelerate time to market. Digital modeling and simulating processes are increasingly being used to enhance efficiency and improve final product quality. The integration of sustainability and environmental considerations into manufacturing operations is also a key trend, with a growing emphasis on waste reduction and pollution control. These factors collectively contribute to the expansion of the Facility Management Services Market in India.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


    Contacts

    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: media@technavio.com
    Website: www.technavio.com/

    Read News Read Less
    Interested in this report?
    Get your sample now!

Safe and Secure SSL Encrypted

Technavio

  • 2500 USD

[5 reports/month/user]

  • 5000 USD

close
  • Basic Plan [5000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [7500 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 500 USD/user

*You can upgrade to Teams plan at Subscription page

close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization).
    Complimentary Customization Included

*For Enterprise license, go to checkout page

Technavio Get the report (PDF) sent to your email within minutes.