How big is the India Facility Management Market?

The India Facility Management Market size is expected to reach USD 148.65 billion in 2024 and grow at a CAGR of 7.37% to reach USD 212.12 billion by 2029. Read More

What is the current India Facility Management Market size?

In 2024, the India Facility Management Market size is expected to reach USD 148.65 billion. Read More

Who are the key players in India Facility Management Market?

Sodexo Facilities Management Services India Private Limited, BVG India Limited, ISS Facility Management, G4S India and Mortice Group PLC (TenonFM) are the major companies operating in the India Facility Management Market. Read More

What years does this India Facility Management Market cover, and what was the market size in 2023?

In 2023, the India Facility Management Market size was estimated at USD 138.45 billion. The report covers the India Facility Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the India Facility Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the emerging trends in the India Facility Management Market?

Emerging trends in the India Facility Management Market are a) Integration of IoT for smart facility management b) Adoption of green cleaning solutions c) Increasing the use of data analytics for predictive maintenance Read More

India Facility Management Market Report | Industry Analysis, Size & Growth Outlook

Facility Management Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The India Facility Management Market is segmented by Facility Management Type (Hard Services and Soft Services), Sector Type (Unorganized and Organized), End User (Commercial, Industrial, and Infrastructure), and Geography (North, West, South, and East). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

India Facility Management Industry Overview

The Indian Facility Management Market is fragmented. The major companies include Sodexo Facilities Management Services India Private Limited, ISS Facility ManagementBVG India Limite, G4S India, and Mortice Group PLC (TenonFM).

In March 2023, Sodexo Facilities Management Services India Private Limited launched its expertise to AHPI-affiliate healthcare providers and diagnostic centers in Ranchi for the repair, maintenance, and upkeep of clinical equipment to enable quality patient care. The warehouse comprises a state-of-the-art repair laboratory housing vital spare parts and accessories for equipment crucial to patient care.

In June 2022, the FacilityCobot interdisciplinary innovation project was a partnership between the University of Southern Denmark (SDU), consulting firm K-Jacobsen, Signal Architects, and ISS, as well as the technology firms Ubiqisense and Enabled Robotics. The project's goal is to create a novel mobile robot that combines a smart building sensing system with a human-robot interface and frees cleaning employees from laborious or repetitive chores. The robot will be able to operate effectively with cleaning personnel with the integration of the aforementioned technologies, particularly in spaces with a lot of open space, like offices and canteens.