Adoption of advanced technologies and the growing residential sector is expected to drive the demand of Turkey Facility Management market for the forecast period.
According to TechSci Research report, “Turkey Facility Management Market By Organized Vs Unorganized (Organized, Unorganized), By Outsource Vs Inhouse (Outsource, Inhouse), By Service (Property, Cleaning, Security, Catering, Support, Others), By Application (Commercial, Residential, Industrial), By Region, Competition Forecast & Opportunities, 2026”, the Turkey Facility Management market is expected to grow at a rate of significant CAGR for the forecast period, 2022-2026. The facility management solution helps identify the non-performing assets, resources, and processes and improves the facility management assets. Facility management also helps optimize functions at the most efficient level and in the development of sustainable buildings.
The high-end expenditure for the research and development activities for technological up-gradation of the existing infrastructure is creating the need for improved facility management services to cater to the need of the rising population. Developing smart cities in Istanbul, Ankara, Bursa, Izmir, Konya, Gaziantep, Antalya, and establishing enhanced connectivity to make the services more efficient are expected to influence the demand of Turkey facility management market. Leading authorities promote tourism activities that the facility management companies efficiently manage to provide better service to the tourists. The growing change in the organization structure and work management to efficiently manage the services provided to customers contributes to the Turkey facility management market growth. Large-sized organizations are expected to actively adopt the facility management services as they have higher funds and the presence of a large number of assets, staff, and space management requirements. The rise in the awareness regarding the benefits of using integrated facility management solutions among the enterprises operating under one vendor and management team is influencing the Turkey facility management market demand. Also, the rise in construction activities and the increased spending on infrastructural development create the need for efficient optimization. The improvements in energy utilization are bolstering the market growth. The growth of retail, real estate, manufacturing, and public industries involving infrastructural development is accelerating the demand for facility management solutions.
However, a lack of awareness about the benefits of the adoption of facility management solutions may restrain the Turkey Facility Management market growth for the forecast period.
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Turkey Facility Management market is segmented into organized Vs unorganized, outsource Vs in-house, service, application, regional distribution, and company.
Based on service, the market is divided into property, cleaning, security, catering, support, and others. The property segment is expected to hold the largest market share for the forecast period, 2022-2026. The growing commercial and industrial sector and the rise in the construction activities to satisfy the need of the population is the driving factor for the Turkey facility management market growth. Property management can be defined as the maintenance, control of buildings and other structural frameworks. The rise in the per capita income of the consumers and the availability of easy financing options are contributing to the Turkey facility management market growth.
Sodexo Turkey, CBRE Turkey, Compass Lojistik A.S., Jones Lang Lasalle Turkey, Cushman & Wakefield Turkey, Johnson Controls International, Atalian Global Services Turkey, Özak Global Holding, Rönesans Facility Management Company, EFS Middle East, SGS Turkey, ISS Turkey are the leading players operating in Turkey Facility Management market. Service providers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several Facility Management service providers are coming up with their technologically advanced offerings.
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“The adoption of cloud technology in Turkey is still at a nascent stage, and the growing awareness among individuals and enterprises about the benefits of using cloud computing solutions is the contributing factor for the market growth. Cloud-based solutions can offer efficient facility management services, and these are affordable, and they enhance security and collaboration between the teams in an enterprise. Other advantages of using cloud-based solutions are secure, scalable, and provide faster recovery options. The growing adoption of the latest technologies and the expenditure by the organizations to enhance their services is expected to propel the Turkey facility management market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Turkey Facility Management Market By Organized Vs Unorganized (Organized, Unorganized), By Outsource Vs Inhouse (Outsource, Inhouse), By Service (Property, Cleaning, Security, Catering, Support, Others), By Application (Commercial, Residential, Industrial), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Turkey Facility Management market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of Turkey Facility Management market.
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