A report released by AMA Research has predicted encouraging growth in Facilities Management Outsourcing over the next three years, with an annual value increase of 5 per cent.
The ‘Facilities Management Outsourcing Market Report- UK 2014-2018 Analysis’ forecast the value of the service to reach £23.2 billion by 2018, an increase of £3.7 billion from last year’s results. The report went on to suggest that key opportunities in future will come from local authorities within the public sector, fueled by recession-era drives to make efficiency savings.
Currently, the corporate market makes up almost 50 per cent of the total facilities management outsourcing market, with a further 25 per cent allocated to local and central government.
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