ISS 2020 Vision Future of Service Management | Page 73

59% 34% 6% Higher expectations Somewhat higher expectations Same as today 0% 0% 0% Somewhat lower expectations Lower expectations N/A Figure 32: In relation to today, how do you think expectations towards facilities management will develop towards 2025? (Source: CIFS, ISS, IFMA, CoreNet Global Survey, 2016) Yet, despite the positive growth, FM service providers continue to be challenged in the commercial office and retail sectors since outsourced FM services are approaching a saturation point in many high income markets. Further growth depends on expansion. These findings rationalize the following trends, as described in ISS 2020 Vision: The Future of Outsourcing and Perspectives for Facility Management: 99 • Consolidation of the market: With a greater amount of mergers and acquisitions, the number of large FM providers is growing – focused on winning enough business to fill their capacity. • New niche specialists: Increased pressures to create efficiencies through both cost and energy savings, for example, will favour specialists with expertise in energy management – providers are likely to become key players in the delivery of energy/carbon reduction. • Expansion and diversification of service provision: Expect more activity in other end use sectors such as manufacturing, warehousing, energy, utilities and privatized transport services. Four worlds of service FM is also experiencing a shift in focus towards more comprehensive talent management, creating dynamic workspaces and driving behavioural change among employees in customer organizations, while reducing FM’s labour intensity and improving its ability to use data analytics to drive service delivery. 99 Due to megatrends − such as individualization and immaterialization – and changes in Service Management, there will be increased emphasis 99 ISS World Services, ISS 2020 Vision: Future of Outsourcing and Perspectives for Facility Management, White Book, 2015. 71