Businessescan run smoothly only when all the things are aligned properly. From inventoryto equipment, everything needs to be in place. Asia is gradually making itsmark in the global market. It is also showing signs of external support forfacility management companies. With the growing workforce and projects, thecompanies have employed the external parties to take care of the buildings andother operational elements.

Growingdemand for cloud-based facility management solutions, increasing need to complywith regulatory and economic regulations have pushed the demand for facilitymanagement companies. Asia has become the epicenter of ‘IoT coupled with theanalytics market’. Thus, focusing on external factors becomes tough. For this,the facility management companies come to the rescue.

What services are offered byfacility management companies ?
Facilitymanagement companies give a variety of services ranging from guaranteeing theusefulness, safety and effectiveness of an official area. Facility managementserves its customers with solutions such as ‘operations and upkeep’,‘communication management’, ‘emergency management’.

Thishas helped the organizations to continue their business operations without anyhassles. From hospitals to official buildings, the elite facility managementcompanies deliver excellent external support.

Itis one of the most demanded markets currently in Asia. With the growing revenueof organizations, decision makers have started to explore ways to maintain theofficial areas with the help of external support. The excellent services beingdelivered by facility management companies.

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Offices,for example, supermarkets, auto shops, places of business, medical clinics, lodgings,retail foundations, sports edifices, prisons and any remaining income producingor government establishments are the main clients of facility managementcompanies.

Appropriatelymanaged offices can save costs, it will reduce upkeep issues. It also assistswith zeroing in more on counteraction than after treatment. The global marketof facility management companies promise to save time and capital oforganizations. Thus, they have become the major external supporting parties indifferent business sectors.

Facility management companies’market cap in global market
Accordingto the Global Facility Management Companies’ Market Report, it was valued at USD 34.08 billion in 2018. Verified Market Researchanalysts projected its value to reach USD 78.54 billion by 2026. This shows that themarket is growing at a CAGR of 10.94% from 2019 to 2026.

Top 7 facility managementcompanies offering external support
CB Richard Ellis
CB Richard Ellis (or CBRE) is anAmerican brand that was established in 1906. Since then it has managed to offerthe best quality external support for the upkeep of official spaces. It hasexpanded its service portfolio and geographical coverage to expand its clientlist. It is also a part of Fortune500 companies list.

Jones Lang LaSalle
Jones Lang LaSalle (a.k.a. JLL) is a main expert administrationfirm that has expertise in real estate and investment management sectors. JLLshapes the fate of real estate for a superior world by utilizing cutting-edgeinnovation. It is one of the most flexible brands in this particular industry.

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Cushman & Wakefield
Cushman & Wakefield is an Americanbusiness enterprise founded in 1917. It conveys remarkable incentive for landoccupiers and proprietors. Cushman and Wakefield is among the biggest landadministration firms with roughly 53,000 representatives in 400 workplaces and60 nations. It has the biggest network of sales in the facility managementindustry.

Tenon Group
Over the course of past 25 years, Tenon Group has managed to hold on to the top spotas the integrated security and facility management company. The company hasbeen serving companies across booming economies. Its unwavering nature ofoffering excellent quality services has made it a reliable name in theindustry.

Quess Corp
Quess Corp is India’s driving businessadministrations supplier and biggest private-area employer. It offers a widevariety of administrations to assist associations for dealing with theirnon-center exercises. Quess offers services such as Workforce Management,Operating Asset Management, and Global Technology Solutions across enterprisesand topographies.

Updater Services Pvt. Ltd.
Updater Services Pvt. Ltd. is Asia’s biggest facilitymanagement company. It serves its customers with integrated facility managementservices for Commercial, IT Parks and Township. It has introduced manyindustry-firsts and this has made it a prominent name in the facility managementindustry booming globally.

ISS Facility Services
ISS Facility Services takes care ofeverything related to enterprises. It offers industry-leading solutions such ascleaning, support services, property services, catering and security. It hasreceived numerous five-star ratings from its global customers.

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