Market Trends of Switzerland Facility Management Industry
This section covers the major market trends shaping the Switzerland Facility Management Market according to our research experts:
The Outsourced Facility Management to Lead the Market
- Outsourcing in facilities management involves turning over the decision-making and management of an operation to a third-party organization. For a large organization, outsourcing facility management can be an excellent way to drive operating costs and improve efficiency and response time. Such trends encourage the organizations and management teams to outsource the complete or portion of their facility management work to third-party service providers.
- For instance, SAUTER Switzerland, which offers solutions, expertise, and products for building management and room automation throughout the entire building life cycle, in December 2021, announced that it would be showing how digital solutions in buildings contribute to a positive user experience and, at the same time benefit the management at a leading trade fair.
- Furthermore, the expertise these solution providers bring to the table is something most in-house facility management teams strive for. For instance, in May 2021, Bouygues Energies & Services announced that it had developed a sophisticated solution by combining the access control system AEOS from Nedap Security Management with the facial recognition solution FTF to meet the special requirements for access management on construction sites.
- The increasing demand is also driving new vendors to enter the Swiss market. For instance, in April 2021, funds advised by KLAR Partners Limited announced the acquisition of ISS Kanal Services, a corporate carve-out from ISS Schweiz AG and Switzerland's prominent player within the underground infrastructure maintenance sector.
Commercial Segment to Drive the Demand for Facility Management Services
- The commercial segment addresses the office spaces occupied by various organizations to carry out their day-to-day operation. A commercial building may contain one or more of many types of businesses, including offices, retailers, restaurants, or manufacturing locations.
- The country is witnessing significant growth in the data center infrastructure, which is among the key consumer of facility management services. For instance, in February 2022, Principal Global Investors announced it had closed its latest funding round with a USD 175 million data center investment aimed at European acquisitions. According to the company, about 40 percent of this fund will be split between Italy, Spain, and Switzerland.
- In October 2021, Centralschweizerische Kraftwerke AG (CKW) announced that a construction project was being carried out via its subsidiary CKW Fiber Services to establish a new data center in Rotkreuz.
- Similarly, in December 2021, Vantage Data Centers, which DigitalBridge backs, opened the first of four data centers on its growing Swiss campus in Zurich. According to the company, the seven-acre campus will offer 40MW of IT capacity to customers once fully developed.
- Furthermore, the IT and R&D sector in the country is among the key areas of the Swiss economy. Companies like Google, Meta, IBM, and Walt Disney have located their research centers in Switzerland. This has resulted in the development of office employment which has emerged as the primary driving factor behind the growth of commercial buildings in the country.