Technical Services and Integrated Contracts Will be the Main Growth Drivers
Just as global markets show signs of moving on from the disruptions caused by COVID-19, the French economy now faces a period of high inflation and low economic growth. High inflation will act as a tailwind for rising prices and revenues. While this is expected to drive revenue expansion, it will increase costs and put pressure on margins.
France is the third-largest market for facility management (FM) in Europe (after the United Kingdom and Germany) and is growing slightly faster than the average growth of the Western European market. It will present opportunities to incumbent suppliers and attract new entrants from outside the country. Technology and sustainability will be key differentiators.
Changes in technology, the labor force, and workplaces impact FM services in terms of customer bases, value propositions, and service needs. This calls for technology and service innovation, new value propositions, and better business models. The COVID-19 pandemic has redefined the future of work and will accelerate digital technology solutions and new business models for 1 to 2 years. The more mobile and flexible workforce will require support in complex and varied settings.
KEY ISSUES ADDRESSED:
- What is the FM market outlook, and what will be the impact of the Mega Trends shaping the future?
- What are the transformational trends in the FM market until 2027?
- What is the French FM market forecast until 2027?
- How will transformational trends yield new business opportunities in growth markets?
- What is the FM market’s vision for 2027 by delivery model and customer segment?
- What are the top technology and service opportunities in the FM market until 2027?
