April 3, 2006—According to new analysis from Frost & Sullivan, environmental concerns among end-users and the implementation of new government policies such as the Energy Conservation Policy in 2005 are making some opportunities open in the Integrated FM (I-FM) services market in North America.
The report shows opportunities in various end-user segments such as healthcare, educational institutions, and government buildings, where services in building operations & maintenance, janitorial services, and IT & Telecom have the potential to be outsourced.
Frost & Sullivan’s research reveals that the total North American I-FM services market earned revenue of $25.37 billion in 2005 and estimates to reach $44.54 billion in 2012.
“The IT & Telecom service sector is expected to grow at the fastest pace as compared to others, owing to the increased market demand and clients’ adaptability of advance technology to serve their customers,” says Frost & Sullivan Research Analyst Sapan Agarwal.
The report shows increasing trends in mergers and acquisitions, with alliances between various I-FM services companies with IT & Telecom companies, such as the alliance between Johnson Controls and IBM. This alliance has worked successfully to create one of the world’s largest companies.
The research shows a high level of delayed maintenance occurring within most large-scale client companies, due to a lack of infrastructure and a lack of communication between service vendors and FMs. The challenge is negotiating an equitable contract whereby deferred maintenance issues are addressed in the beginning and then proper proactive and predictive maintenance systems are implemented throughout the term of the I-FM agreement.
For a virtual brochure that provides manufacturers, end users, and other industry participants an overview of the latest analysis of the North American Integrated Facility Management Services, including detailed market opportunities and industry trends, e-mail Trisha Bradley, Corporate Communications, with your full name, company name, title, telephone number, e-mail address, city, state, and country. The brochure will be e-mailed.
