The Integrated Facilities Management (IFM) market in Southeast Asia (SEA) is set to grow steadily until 2020. Rapid growth can be expected in developing economies such as Thailand and Indonesia, while advanced IFM markets in Malaysia and Singapore provide available opportunities due to rapid building modernization and energy-efficiency goals. Collectively, the SEA region will experience a double-digit growth of over 10% to reach market revenues exceeding $2 billion from 2015 to 2021.

In addition to the market growth analysis, the study highlights the key driving forces for the IFM market. Key drivers include narrowing expectation gaps between service providers and end users due to improving awareness on the benefits of IFM, greater demand for energy efficiency in buildings, and regulatory support. The IFM market in the SEA region is led by Singapore and Malaysia, whereas in terms of vertical markets, industrial, energy & resources, and healthcare end users the key IFM customers.

Market consolidation at the global and regional scale is increasingly common in the competitive IFM market. In addition, several local market participants are embarking on international projects and investments in Asia-Pacific and the Middle East while continuing to compete against the foreign dominance of global IFM participants in Southeast Asia.

Research Scope

The market trends are analyzed for a study period of 2013 to 2021, with the base year being 2015. IFM, as a component of facilities management (FM), is the key focus area in this study. IFM customer segmentation includes the commercial, energy & resources, education, healthcare, public, and industrial sectors.

Companies mentioned in the IFM market's competitive landscape include ISS Facility Services, Jones Lang LaSalle, Sodexo, UEM Edgenta, PCS, CBRE, Colliers International, and Cushman & Wakefield. SEA countries included in this study are Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Market revenues have also been analyzed in these SEA countries.

Key Questions This Study Will Answer
  • How is the market growing? How long will it continue to grow, and at what rate?
  • Are the existing competitors structured correctly to meet customer needs?
  • Which are the factors contributing to and deterring market development? How do these factors affect the market?
  • How will the structure of the market change with time? Is the market observing consolidation?
  • Are the products offered today meeting customer needs or is additional development needed?  
  • How do competitors operate in the market? Do competitors rely on any form of partnership to deliver the services?