Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Facility Management Market Outlook
*this image is indicative*
Based on solutions, building information modelling (BIM) leads the Australia facility management market by streamlining construction processes and minimizing errors.
Building Information Modeling (BIM) serves as a collaborative platform that provides real-time access to project information for contractors, architects, and other stakeholders. Additionally, BIM helps reduce material waste and project timelines, resulting in cost savings. It also facilitates the analysis of potential risks related to constructability issues and design conflicts. Facility property management plays a crucial role in protecting property owners from legal risks by ensuring that their properties comply with relevant regulations, codes, and standards. By adhering to these regulations, property managers mitigate the risk of lawsuits, and other legal liabilities that could arise from non-compliance.
The development of the Australia facility management market is driven by various innovations and trends. This includes the increasing integration of smart building technologies, which enhances comfort and operational efficiency. Furthermore, Internet of Things (IoT) devices are utilized to manage various facility features such as equipment performance and energy consumption. Additionally, workplaces are incorporating wellness programs and biophilic design elements to enhance employee health and well-being. In September 2023, ABB debuted the Cylon Building Management System in the Australian market.
Australia Facility Management Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Service
Market Breakup by Organization Size
Market Breakup by Solution
Market Breakup by Deployment Type
Market Breakup by Vertical
Market Breakup by Region
The government and public sector hold a significant share in the Australia facility management market due to their diverse and extensive property portfolios, stringent regulatory requirements, high service delivery expectations, and commitment to operational efficiency and excellence in public service.
The growth of the facility management market is fueled by sustainability initiatives, wellness programs, smart building technologies, remote monitoring and management, and energy efficiency and cost optimization.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at AUD 56.54 billion in 2023.
The market is projected to grow at a CAGR of 4.42% between 2024 and 2032.
The revenue generated from the facility management market is expected to reach AUD 83.45 billion in 2032.
Based on the deployment, the facility management market is bifurcated into cloud-based and on-premises.
Key players in the Australia facility management industry are Cushman & Wakefield Debenham Tie Leung Limited, Ventia Pty Limited, Sodexo Australia Pty Limited, CBRE Pty Limited, ISS Facility Services Australia Limited, Australian Facilities Management, Serco Group Pty Limited, Compass Group (Australia) Pty Limited, Savills (Aust) Pty Ltd., and Veolia Holdings (Australia) Pty Ltd. among others.
Based on organization size, the facility management market is divided into small and medium size enterprises, and large enterprises.
The different services of the facility management market include support and maintenance, deployment and integration, auditing and quality assessment, consulting and training, and others.
The market is broken down into New South Wales, Victoria, Queensland, the Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Service |
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| Breakup by Organization Size |
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| Breakup by Solution |
|
| Breakup by Deployment Type |
|
| Breakup by Vertical |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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