2022: Cushman & Wakefield teamed up with Pupil to enhance their data analytics services, aiming to enhance speed and accuracy in digital measuring and the production of digital floor plans, site drawings, and related services.
According to MarkNtel Advisors study, The Chile Integrated Facility Management Market size was valued at USD 1.01 billion in 2023 and is estimated to grow at a CAGR of around 4.9% during the forecast period, i.e., 2024-30.
The growing tourism sector is expected to significantly bolster the demand in Chile’s Integrated Facility Management Market. This surge complemented by the establishment of new hotels and the imminent completion of numerous shopping malls, further amplifies this demand. As the tourism sector expands and new properties emerge, the escalating commercial supply underlines the necessity for proficient facility management solutions. Moreover, prioritizing the enhancement of guest experiences and service quality is crucial, particularly in Santiago, the capital city of Chile, which serves as a major hub for the tourism sector. This robust tourist presence presents ample opportunities for facility management service providers to meet the diverse needs of visitors. Leveraging this demand, providers can offer tailored solutions to ensure seamless operations and enhance the overall guest experience.
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Market Trend: In Chile’s Integrated Facility Management sector, there’s a growing emphasis on sustainability, marked by the adoption of green and energy-efficient solutions, shaping market growth. Also, companies are actively seeking to reduce both environmental impact and operational costs. This trend is evident in the focus on effectively tracking energy utilization and obtaining green building certifications.
Likewise, there’s a noticeable demand for energy-efficient retrofit projects and the integration of renewable energy sources into facility operations. This market shift presents a significant opportunity for growth and innovation. Hence, by capitalizing on the trend towards sustainability, facility management firms can position themselves as leaders in the industry, meeting the evolving needs of environmentally conscious clients.
Chile Integrated Facility Management Market Key Players:
Cushman & Wakefield, CBRE Group, Jones Lang LaSalle IP, Inc., ISS Chile, Sodexo Chile, Colliers International Chile, Grupo Eulen, Mancorp, Aramark, Links Energia Y Servicios, and Others
Market Segmentation Overview:
By Type
-Hard
-Soft
-Risk
-Administrative
Soft services constitute a vital segment in the Chile Integrated Facility Management Market encompassing essential human-sourced amenities, such as cleaning, landscaping, security, laundry, safety measures, energy management solutions, and CCTV monitoring, etc. The market shares of soft services driven by catering & cleaning is registering an uptick. This growth trajectory is highlighted by the expanding presence of hotels and restaurants. Thus, each of these establishments emphasizes robust facility management solutions to ensure seamless operations and guest satisfaction.
Furthermore, as tourism continues to flourish, there’s a notable surge in demand for service staff within the hospitality sector. Moreover, as the market evolves, integrated facility management firms can effectively position themselves to capitalize on this burgeoning segment.
By End Users
-Commercial
-Residential
-Government
-Retail
-Education
-Healthcare
-Hospitality
-Others
By Enterprise Size
-Large
-Mid-size
-Small
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By Region
- North
- Central
- South
The Chile Integrated Facility Management Market Recent Development
2022: Sodexo unveiled its Better Tomorrow 2025 sustainability plan, which aligns with all 17 Sustainable Development Goals (SDGs), providing integrated food and facility services.
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