Hard Facility Management Industry Overview
The HFM market is highly fragmented, with local and international players having decades of industry experience. The HFM vendors are incorporating a powerful competitive strategy by leveraging their expertise. HFM companies are incorporating technologies into their services, strengthening their service portfolio. The major players are CB Richard Ellis (CBRE), Sodexo Facilities Management Services, Jones Lang LaSalle Incorporated, Johnson Controls International plc., and Cushman & Wakefield.
- July 2022: Johnson Controls unveiled its innovation center in Hyderabad. In a bid to expand its footprint in India, the company had unwrapped Hyderabad's OpenBlue Innovation Center. This is crucial for developing innovation in sustainable technology for building security and the state's ambitions to position itself as a center for tech innovation and talent in India.
- March 2022: Sodexo Ireland, one of the top providers of office services, launched a new partnership with Sensori Facilities Management to support customers' efforts to manage office space and work flexibly and suitably. Sodexo's experience in workplace transformation and Sensori FM's expertise in digital intelligent building solutions are both utilized in the new FM cooperation.
Hard Facility Management Market Leaders
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CB Richard Ellis (CBRE.)
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Sodexo Facilities Management Services
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Jones Lang LaSalle Incorporated
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Johnson Controls International plc.
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Cushman & Wakefield
- *Disclaimer: Major Players sorted in no particular order
