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Facility Management Market in Singapore
Singapore facility management market by service type (cleaning, mechanical and electrical services (m&e), security), by end user (commercial, education, healthcare, industrial, public), industry snapshot, 2022-2028
Facility management, or facilities management, is the day-to-day operations necessary to ensure a physical environment supports an organization’s needs and core function. Facilities management includes: Lease management, including lease administration and accounting. According to Gen Consulting Company, the facility management in Singapore market size is expected to increase from USD 966 million in 2021 to USD 1,117 million by 2028, garnering a CAGR of 2.1% over the evaluated period.
This industry report offers market estimates of the Singapore market, followed by a detailed analysis of the service type, and end user. The Singapore market data on facility management can be segmented by service type: cleaning, mechanical and electrical services (m&e), security. According to the research, the cleaning segment had the largest share in the facility management market in Singapore. Facility management market is further segmented by end user: commercial, education, healthcare, industrial, public.
The Singapore facility management market is highly competitive. Top players covered in Singapore Facility Management Market Study are C&W SERVICES (S) PTE. LTD., CBRE Pte Ltd., CPG Facilities Management Pte. Ltd., ENGIE Services Asia-Pacific Pte. Ltd., ISS Facility Services Private Limited, Jones Lang LaSalle IP Inc., SMM PTE. LTD., Sodexo Singapore Pte. Ltd., UEMS Solutions Pte. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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Facility Management Market in Singapore
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