Set up by the world’s largest exhibitions’ organizer, Informa Markets in India, Facilities show India Virtual Expo is a premier expo and conference for the facilities management supplier industry. The show offers the ideal opportunities for suppliers to showcase their products & services virtually and to network and connect with key decision makers from every level of a wide range of sectors.
A high-level virtual expo and conference, Facilities show India will bring together local and global manufacturers, suppliers, consultants and service providers to network with thousands of attendees from various facilities management verticals looking to procure latest products & services. The expo being a highly researched and planned platform to highlight an exciting array of products and services from smart solutions, security solutions, air conditioning & mechanical ventilation, energy management, environmental management, cleaning solutions, IT solutions, Facilities Services, workplace, HR services and much more.
Facility Management (FM) refers to the use of a third-party service providers to maintain a part or entire building facility in a professional manner. It is increasingly gaining popularity amongst commercial as well as residential clients driven by modernization, rapid urban development and a growing awareness of advantages arising from outsourcing non-core business activities. The Indian facility management market accounts for 3.2% of the GDP of the country and is at present an INR 5 lakh crore market and is expected to grow at a rate of 20-25% annually. The market is highly fragmented with relatively few organized players. However, with the growing formalization of the economy, the proportion of organized players is steadily increasing. At present, the organized FM services industry in India is valued at INR 50 thousand crore constituting 10% of the total market. This is expected to grow to INR 1.25 lakh crore by 2022. In India FM services companies have only tapped 25% of the addressable market with 75% of this work still being undertaken in-house, a stark contrast to 49% at the global level.
The Indian Facilities Management (FM) industry is in the midst of rapid development. The anticipated growth in the market can be attributed to:
Facilities show India Virtual Conference
Redeﬁning Workplaces in the “new normal” will provide insights and ideas, discuss trends and disruptions permeating modern life and workplaces. The thought-provoking sessions will help organizations rise to some of the greatest challenges and changes needed to adapt and thrive and provide attendees with tools and inspiration to seize workplace opportunities.
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