Latest News- Facility Management Market in UK: Soft facility management is expected to lead the Type segment during 2025-2029

The Facility Management Market in UK is being driven by Increasing demand for cloud-based facilities management solutions

The Facility Management Market in UK is expected to grow at a CAGR of 4.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 21.5 billion. In the UK facility management market, there is a burgeoning preference for eco-friendly cleaning solutions. The increasing consciousness among consumers and businesses regarding the environmental and health hazards posed by conventional cleaning products, such as bleaching agents, has fueled this trend. In response, numerous facility management companies are providing green cleaning alternatives, which consist of products formulated from natural, non-toxic, and biodegradable ingredients. Additionally, these companies are adopting sustainable practices, including waste reduction, energy conservation, and minimal use of hazardous chemicals, to cater to this growing demand. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Soft facility management
  • Hard facility management
• End-user
  • Commercial
  • Government
  • Residential
• Service Type
  • Outsourced
  • In-house
• Geography
  • UK

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

• Increasing demand for cloud-based facilities management solutions
• Increasing demand for smart facilities
• Increasing emphasis on outsourcing building management services

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

• Rise in budgetary constraints
• Regulatory challenges related to facilities management
• Fragmented nature of facility management market

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Market Scope in Facility Management Market in UK Research Report

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Research Analysis Overview

The Facility Management Market in the UK encompasses various solutions such as building automation systems, facility maintenance software, and property management software, which optimize HVAC systems, energy management, and space planning. Cost tracking, building code compliance, sustainability initiatives, and environmental impact assessments prioritize efficiency and tenant satisfaction. Security systems, including building security, fire safety, access control, and inventory management, ensure safety and compliance. Project management software, strategic planning, lease management, and space allocation strategies facilitate effective operations. Metrics, building lifecycle management, reporting, and disaster recovery planning maintain optimal performance and compliance. HVAC efficiency improvements, lighting control systems, and water conservation strategies promote sustainability.

Market Research Overview

The Facility Management market in the UK is experiencing significant growth, driven by the increasing importance of Building Management Systems, HVAC maintenance contracts, energy efficiency audits, and preventive maintenance schedules. These solutions contribute to the Environmental and Facilities Services Market, which encompasses companies offering environmental and facilities maintenance services, including waste management, facilities management, and pollution control services. According to Technavio, the market's expansion is influenced by the rising emphasis on sustainability and energy efficiency, leading to a heightened demand for these services.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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