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The Argentina facility management market size is expected to grow at a CAGR of 2.30% between 2024 and 2032.
Facility management is integral to ensuring the seamless functionality of built environments by integrating people, place, process, and technology to support core organisational activities. The facility management market in Argentina is experiencing growth propelled by the expanding construction sector and increased economic activities. The presence of multinational corporations further contributes to market expansion. However, challenges such as preference for individual services and low consumer awareness restrain growth.
Despite obstacles, opportunities abound in sustainable facility management services driven by evolving technology. Businesses seek solutions that enhance safety, comfort, and efficiency for employees and organisational operations. The COVID-19 pandemic has accelerated the adoption of remote and hybrid work models, prompting facility managers to deploy technology platforms for effective collaboration and desk scheduling.
Moreover, the pandemic has underscored the need for energy management systems to address increased pollution and energy consumption. Smart buildings and sensors are increasingly deployed to track energy usage in real-time and identify opportunities for efficiency gains, driving demand for related facility management services.
The Argentina facility management market development is expected to witness substantial growth. Factors such as cost optimisation, regulatory compliance, and the need for efficient operations are driving market expansion. Additionally, the adoption of advanced technologies like IoT and AI is transforming the landscape, enabling organisations to streamline operations and enhance service delivery.
Argentina Facility Management Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup | Categories |
Offering | Hard Facility Management, Soft Facility Management |
Type | In-house Facility Management, Outsourced Facility Management |
End-Use | Commercial, Institutional, Industrial |
Outsourced facility management is further divided into single FM, bundle FM, and integrated FM.
Key players in the facility management in Argentina develop and provide products and services aiding the end-users to obtain advanced and improved services and facilities.
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 Offering |
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Breakup by Type |
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Breakup by End Use |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Facility Management Market Overview
8.1 Key Industry Highlights
8.2 Latin America Facility Management Historical Market (2018-2023)
8.3 Latin America Facility Management Market Forecast (2024-2032)
9 Argentina Facility Management Market Overview
9.1 Key Industry Highlights
9.2 Argentina Facility Management Historical Market (2018-2023)
9.3 Argentina Facility Management Market Forecast (2024-2032)
10 Argentina Facility Management Market by Offering
10.1 Hard Facility Management
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Soft Facility Management
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Argentina Facility Management Market by Type
11.1 In-house Facility Management
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Outsourced Facility Management
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.2.3 Breakup by Type
11.2.3.1 Single FM
11.2.3.2 Bundle FM
11.2.3.3 Integrated FM
12 Argentina Facility Management Market by End Use
12.1 Commercial
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Institutional
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Industrial
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Cushman & Wakefield, Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 CBRE Inc.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Facility Service SA
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Aramark
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Plural - Servicios de Facility Management
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Facility Argentina S.r.l
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Facility Latam
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Facility Management Market: Key Industry Highlights, 2018 and 2032
2. Argentina Facility Management Market: Key Industry Highlights, 2018 and 2032
3. Argentina Facility Management Historical Market: Breakup by Offering (USD Million), 2018-2023
4. Argentina Facility Management Market Forecast: Breakup by Offering (USD Million), 2024-2032
5. Argentina Facility Management Historical Market: Breakup by Type (USD Million), 2018-2023
6. Argentina Facility Management Market Forecast: Breakup by Type (USD Million), 2024-2032
7. Argentina Facility Management Historical Market: Breakup by End Use (USD Million), 2018-2023
8. Argentina Facility Management Market Forecast: Breakup by End Use (USD Million), 2024-2032
9. Argentina Facility Management Market Structure
The market is projected to grow at a CAGR of 2.30% between 2024 and 2032.
The facility management market is categorised according to its offering, which includes hard facility management, and soft facility management.
The key market players are Cushman & Wakefield, Inc., CBRE Inc., Facility Service SA, Aramark, Plural - Servicios de Facility Management, Facility Argentina S.r.l, Facility Latam, and others.
The market is driven by factors that include robust growth in construction sector and increased economic activities, among others.
The facility management market is categorised according to its type, which includes in-house facility management, outsourced facility management.
The primary tool essential for every facility maintenance manager is an Asset Management System, designed to assist facility management companies in effectively monitoring the Maintenance, Repair, and Operations (MRO) lifecycle of their physical assets.
The major KPIs for a facility manager includes user satisfaction, planned maintenance vs reactive maintenance ratio, preventive maintenance compliance, average response time for work order resolution, among others.
Both software types vary in their focus and coverage. Computer-Aided Facility Management (CAFM) concentrates on overall facilities management, whereas a Computerized Maintenance Management System (CMMS) is specifically tailored for managing facility maintenance requests.
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