The UK facilities Management comprises of a wide range of players that offer services across various sectors and the key players offer services utilizing their size & scale. So, the average contract value and duration is varied based on the sector, service provided and the type of sector. Overall, FM providers have secured various contracts with an average total contract value TCV of ~£10.9Mn and an average contract duration of 3.9 years.
The effects of COVID-19 will lead to an inevitable slowdown in M&A activity in the immediate term. In connection with both existing deals and new deals, there will be critical questions around target valuations, which will require the parties to be flexible about purchase price and structure.
UK retail sector is the single largest private sector in UK, with 1 in 10 people working in retail. The national wide lockdowns last year resulted in majority of physical shops being shut for number of weeks, impacting physical retail sales and few of the trends emerged during those times are digitisation- such as e-commerce services and shift towards sustainability.
The Retail sector spends circa ~£4.6Bn, in which Soft FM acounts of services contracted with TCV of ~£2.5Bn (54%), followed by Hard FM with ~£1.2Bn (25.1%) and Integrated FM with ~£0.4Bn (9.3%) according to database value of Dec 2020.
To know the Market Share, Key providers, key customers and their competitive landscape.
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NHS is one of a kind sector that covers the entire population in UK. Due to the rising needs of Health care services, agile project management approaches have been adopted to meet the demanding health care needs.These demands resulted in preferring Private Health Care over NHS due to the rise in waiting lists, rise in technology like online consultation &decline in PMI.
The Health care sector spends circa ~£6.1Bn , in which soft FM accounts for the highest proportion of services
contracted with TCV of ~£2.4Bn (38.7%) , followed by Integrated FM with ~£2.1Bn (34.2%) and Hard FM with ~£1.2Bn (19.5%)
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