The British market for facility management is expected to grow 3.1% this year, with market volume reaching EUR 130.8 billion by year’s end. The trend towards outsourcing has largely been responsible for fueling the growth. According to a new study by Interconnection Consulting, external facility management is currently growing by 4.0% in Great Britain, while internal services are declining.

Infrastructure Services On Top

External facility management had a total market share of 78.5% in 2017, a number that is expected to increase. By 2021, Interconnection is anticipating a share of 80.7% for outsourced services in the facility management sector. Infrastructure services represents the largest product group, with a share of 52.2%, followed by technical services and commercial services with 12.3%. Within infrastructure services, cleaning is by far the largest segment, with a share of 35%, followed by security services (27.8%) and catering (18.6%).

Low Market Concentration

Compared to other branches, the market concentration is still relatively low. The top ten companies have a share of 14.5%. The most important providers of facility management services in the British market are Mitie, Interserve, Sodexo, Engie, Servest, Compass Group, Serco, and G4S.

01/06/2018

Copyright: Interconnection, Publication free of charge for coverage regarding the study and InterConnection Consulting.