PRZOOM - /newswire/ -
Palo Alto, CA, United States, 2006/03/15 - New analysis from Frost & Sullivan, North American Integrated Facility Management Services Market, 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..
Environmental concerns among the end-users and implementation of new government policies such as the Energy Conservation Policy in 2005 is making some opportunities open in the I-FM services market in North America. The opportunities are included in various end-user segments such as healthcare, educational institutions, government buildings where services in building o/m, janitorial services, IT & Telecom. These segments have the potential to be outsourced.
New analysis from Frost & Sullivan, North American Integrated Facility Management Services Market, 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.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the North American Integrated Facility Management Services, then send an e-mail to Trisha Bradley, Corporate Communications at trisha.bradley[.]frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state, and country. The brochure will be e-mailed to you upon receipt of this information.
“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.
Increasing trends in mergers and acquisitions, alliances between various I-FM services companies with IT & Telecom companies, such as the alliance between Johnson Controls and IBM, has worked successfully to be one of the world’s largest companies. Johnson Controls is forging a successful name for itself within the integrated facilities management services market.
A high level of delayed maintenance is occurring within most large-scale client companies. There are various reasons causing the delay such as a lack of infrastructure and less interest driving facility managers to take initiatives due to improper communication between service vendors and facility managers.
“An integrated facilities management solution directly affects a client company’s ability to achieve its business objectives and helps concentration in its core competencies, “ notes Agarwal.
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.
North American I-FM services Market, a part of the Building Management Technologies Subscription, provides an overview and outlook for the market. This study gives the scope of I-FM services and it is segmented in to building operations & maintenance services, janitorial services, capital project management services, IT & Telecom services and environmental services. This research includes detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews are available to the press.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.