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Sodexo and Compass Continue to Dominate $ 17 Billion Brazil Facility Management Market
by David Johnson Top Market Research Company in USVarious fiscal initiatives by the government aimed at stimulating economic growth coupled with rapid infrastructure developments across various regions to drive facility management market in Brazil through 2023
According to TechSci Research report “ Brazil Facility Management Market By Service, By Type, By Application, Competition Forecast & Opportunities, 2013 – 2023”, Brazil facility management market is estimated to have crossed $ 17 billion in 2017. Over the next five years, growth in the market is anticipated to be driven by the country’s southeast and northeast regions due to high population density and increasing in demand for commercial and residential properties across these regions. In 2017, sales of residential and commercial properties in southeast and northeast region grew by 7.39% and 26.14%, respectively. Moreover, growing influence of foreign players for integrated facility management services coupled with increasing demand for customized solutions for different hard and soft solutions is further expected to push demand for facility management services across the country in the coming years.
Browse 71 market data Figures and Tables spread through 108 Pages and an in-depth TOC on
"Brazil Facility Management Market" Brazil Facility Management Market Size, Share, Analysis & Forecast 2023| TechSci Research
Among different service categories, property and cleaning services accounted for the largest value shares in Brazil facility management market in 2017, and these service segments are likely to maintain their dominance throughout the forecast period. Integrated facility management players account for a major share in organized facility management market due to their wide range of integrated service offerings, comparatively higher cost-efficiency and broad presence across most of the regions. As of 2017, Brazil facility management market was majorly dominated by the commercial application segment as it dominates in cleaning and property services across the country.
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Some major companies operating in Brazil facility management market include Sodexo, Compass Group, Grupo Brasanitas Facility Services, G4S Brazil, CBRE Group, ISS Group, Cushman & Wakefield, and Jones Lang LaSalle, among others. “Rising development in the infrastructure sector in Brazil would propel the demand for facility management across the country in the coming years. Moreover, rising preference for outsourcing facility management services would further steer growth in the market during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Brazil Facility Management Market By Service, By Type, By Application, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of Brazil facility management market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Brazil facility management market.
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Created on May 18th 2018 04:01. Viewed 364 times.
