Regional Insights into Vietnam Facility Management Industry Market Growth

Vietnam Facility Management Industry by Type of Facility Management Type (In-house Facility Management, Outsourced Facility Mangement), by Offerings (Hard FM, Soft FM), by End-User (Commercial, Institutional, Public/Infrastructure, Industrial, Others), by Vietnam Forecast 2025-2033

Jun 25 2025
Base Year: 2024

197 Pages
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Regional Insights into Vietnam Facility Management Industry Market Growth


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Tailored for you

  • In-depth Analysis Tailored to Specified Regions or Segments
  • Company Profiles Customized to User Preferences
  • Comprehensive Insights Focused on Specific Segments or Regions
  • Customized Evaluation of Competitive Landscape to Meet Your Needs
  • Tailored Customization to Address Other Specific Requirements
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Key Insights

The Vietnam facility management (FM) market, valued at approximately $X million in 2025, is poised for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.00% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, the rapid urbanization and economic development in Vietnam are creating a surge in demand for commercial and industrial spaces, necessitating professional FM services. Secondly, a growing awareness among businesses of the importance of optimized operational efficiency and cost savings is driving outsourcing of FM functions. This trend is particularly evident in segments like hard FM (maintenance, repairs) and soft FM (cleaning, security), with outsourced facility management experiencing significant growth. The increasing complexity of building infrastructure and the need for specialized expertise are further contributing to market expansion. While the market faces challenges such as a potential shortage of skilled FM professionals and fluctuating energy prices (which can impact operational costs), the overall positive economic outlook and increasing foreign direct investment are expected to mitigate these restraints. The market is segmented by facility management type (in-house vs. outsourced), offerings (hard FM vs. soft FM), and end-user (commercial, institutional, public/infrastructure, industrial). Major players like PMC, Savills Vietnam, CBRE, Jones Lang LaSalle, and others are actively shaping the market landscape through strategic partnerships and service expansions.

The forecast period (2025-2033) anticipates a steady increase in market size, driven primarily by the expansion of the commercial and industrial sectors. The institutional and public/infrastructure segments are also expected to contribute significantly to growth, reflecting government initiatives to improve infrastructure and public services. The increasing adoption of smart building technologies and sustainable practices within the FM sector presents both opportunities and challenges. Companies are investing in technology to enhance efficiency and data-driven decision-making, while simultaneously navigating the challenges of implementing environmentally friendly FM solutions. Competition is likely to intensify as more players enter the market, leading to increased service innovation and price competition. The overall outlook for the Vietnam FM market remains positive, projecting substantial growth and market maturation over the next decade. This translates to a significant increase in demand for skilled professionals, technological advancement, and further consolidation within the industry.

This comprehensive report provides an in-depth analysis of the Vietnam facility management industry, covering market size, segmentation, key players, growth drivers, challenges, and future opportunities. The study period spans from 2019 to 2033, with 2025 as the base and estimated year. The report offers actionable insights for industry stakeholders, investors, and businesses looking to capitalize on the dynamic growth of this sector. The total market size is projected to reach xx Million by 2033.

Vietnam Facility Management Industry Research Report - Market Size, Growth & Forecast

Vietnam Facility Management Industry Market Concentration & Innovation

This section analyzes the competitive landscape, innovation drivers, regulatory environment, and market dynamics within the Vietnamese facility management industry. The market is moderately concentrated, with key players like PMC, Savills Vietnam, CBRE Group Inc, Jones Lang LaSalle Incorporated, AEON Delight, ATALIAN Global Services, RCR Vietnam, ADEN Vietnam, Sodexo Inc, and P Dussmann Co Ltd holding significant market share. However, the presence of numerous smaller, specialized firms indicates a degree of fragmentation. The combined market share of the top five players is estimated at xx%.

Innovation is driven by the increasing adoption of smart building technologies, the growing demand for sustainable practices, and the evolving needs of diverse end-users. Regulatory frameworks, while generally supportive of industry growth, could benefit from further clarity on specific aspects of sustainability and data privacy. Product substitutes, primarily in-house management solutions, pose a competitive challenge but are often less efficient for larger organizations. Recent M&A activities, while not extensive, demonstrate consolidation within specific niches. For example, a recent deal involved xx Million in investment, primarily focusing on technology integration.

  • Market Share: Top 5 players: xx%
  • M&A Deal Value (2019-2024): xx Million
  • Key Innovation Drivers: Smart building technologies, sustainable practices, diverse end-user needs.

Vietnam Facility Management Industry Industry Trends & Insights

The Vietnam facility management market is experiencing robust growth, driven by rapid urbanization, increasing foreign direct investment (FDI), and a burgeoning real estate sector. The market is forecast to grow at a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). This growth is fueled by the rising demand for outsourced facility management services across various sectors, including commercial real estate, manufacturing, and hospitality. Technological disruptions, such as the Internet of Things (IoT) and Artificial Intelligence (AI), are transforming the industry, enabling improved efficiency, predictive maintenance, and enhanced data-driven decision-making. Consumer preferences are shifting towards integrated, sustainable, and technologically advanced solutions. The competitive landscape is characterized by intense competition among both international and local players, leading to innovations in service offerings and pricing strategies. Market penetration of outsourced facility management services is expected to increase from xx% in 2024 to xx% by 2033.

Vietnam Facility Management Industry Growth

Dominant Markets & Segments in Vietnam Facility Management Industry

The Ho Chi Minh City and Hanoi metropolitan areas represent the dominant markets, fueled by robust economic activity and high concentrations of commercial and industrial facilities. Outsourced Facility Management is the leading segment by type, driven by the cost-effectiveness and specialized expertise it offers. Within offerings, Hard FM (hard facilities management) currently holds a larger market share compared to Soft FM (soft facilities management), although the latter is experiencing faster growth. The Commercial sector is the largest end-user segment, followed by Industrial and Institutional.

  • Key Drivers for Dominant Segments:
    • Outsourced Facility Management: Cost-effectiveness, specialized expertise
    • Hard FM: Focus on infrastructure and core building systems
    • Commercial Sector: High concentration of office buildings and retail spaces
    • Ho Chi Minh City & Hanoi: Economic hubs with high real estate development

Vietnam Facility Management Industry Product Developments

Recent product innovations focus on integrating smart building technologies, such as IoT sensors and AI-powered analytics, to enhance operational efficiency and improve building performance. This includes predictive maintenance solutions, energy management systems, and data-driven insights for optimizing resource allocation. These advancements offer competitive advantages through cost reductions, improved sustainability, and enhanced tenant satisfaction. The market is witnessing a shift towards integrated facility management solutions, encompassing both Hard and Soft FM services, offering a comprehensive approach to managing built environments.

Report Scope & Segmentation Analysis

This report segments the Vietnam facility management market by:

  • Type of Facility Management: In-house Facility Management and Outsourced Facility Management. Outsourced is projected to grow at xx% CAGR. In-house segment is expected to see a slower growth rate of xx% CAGR.

  • Offerings: Hard FM and Soft FM. Soft FM is anticipated to experience faster growth driven by increased demand for specialized services.

  • End-User: Commercial, Institutional, Public/Infrastructure, Industrial, and Others. Commercial and Industrial sectors are expected to remain the largest contributors, with significant growth potential in the Public/Infrastructure segment.

Key Drivers of Vietnam Facility Management Industry Growth

The growth of the Vietnam facility management industry is propelled by several key factors:

  • Rapid Urbanization: Significant population migration to urban centers increases demand for efficient facility management.
  • Foreign Direct Investment (FDI): Increased investment in infrastructure and commercial properties fuels market expansion.
  • Technological Advancements: Smart building technologies and data analytics enhance efficiency and sustainability.
  • Government Initiatives: Supportive policies and regulations encourage industry development.

Challenges in the Vietnam Facility Management Industry Sector

The Vietnam facility management industry faces certain challenges:

  • Skill Shortages: A lack of skilled professionals hampers industry growth.
  • Competition: Intense competition among domestic and international players puts pressure on margins.
  • Regulatory Uncertainty: Clarification in some areas of regulation would benefit the industry.

Emerging Opportunities in Vietnam Facility Management Industry

The Vietnamese facility management industry presents exciting opportunities:

  • Smart Building Technologies: Integration of IoT and AI offers significant potential for innovation.
  • Sustainable Facility Management: Growing demand for green building practices creates new market segments.
  • Specialized Services: Focus on niche sectors like healthcare and data centers can yield high returns.

Leading Players in the Vietnam Facility Management Industry Market

  • PMC
  • Savills Vietnam
  • CBRE Group Inc
  • Jones Lang LaSalle Incorporated
  • AEON Delight
  • ATALIAN Global Services
  • RCR Vietnam
  • ADEN Vietnam
  • Sodexo Inc
  • P Dussmann Co Ltd

Key Developments in Vietnam Facility Management Industry Industry

  • February 2022: LOGOS Vietnam Logistics Venture and Manulife Investment Management announced a joint venture to develop an 11-hectare logistics asset in Ho Chi Minh City, reflecting the rising demand for modern logistics facilities.
  • January 2022: Aden Group partnered with AutoFlight to explore smart air mobility and logistics solutions, highlighting the industry's embrace of innovative technologies.

Strategic Outlook for Vietnam Facility Management Industry Market

The Vietnam facility management market is poised for sustained growth, driven by continued urbanization, FDI inflows, and technological advancements. The increasing adoption of smart building technologies and sustainable practices will shape future market dynamics. Opportunities exist for companies that can offer integrated solutions, leverage technological innovations, and cater to the evolving needs of diverse end-user segments. The market's long-term outlook remains positive, with significant potential for both established players and new entrants.

Vietnam Facility Management Industry Segmentation

  • 1. Type of Facility Management Type
    • 1.1. In-house Facility Management
    • 1.2. Outsourced Facility Mangement
      • 1.2.1. Single FM
      • 1.2.2. Bundled FM
      • 1.2.3. Integrated FM
  • 2. Offerings
    • 2.1. Hard FM
    • 2.2. Soft FM
  • 3. End-User
    • 3.1. Commercial
    • 3.2. Institutional
    • 3.3. Public/Infrastructure
    • 3.4. Industrial
    • 3.5. Others

Vietnam Facility Management Industry Segmentation By Geography

  • 1. Vietnam
Vietnam Facility Management Industry Regional Share


Vietnam Facility Management Industry REPORT HIGHLIGHTS

AspectsDetails
Study Period 2019-2033
Base Year 2024
Estimated Year 2025
Forecast Period2025-2033
Historical Period2019-2024
Growth RateCAGR of 5.00% from 2019-2033
Segmentation
    • By Type of Facility Management Type
      • In-house Facility Management
      • Outsourced Facility Mangement
        • Single FM
        • Bundled FM
        • Integrated FM
    • By Offerings
      • Hard FM
      • Soft FM
    • By End-User
      • Commercial
      • Institutional
      • Public/Infrastructure
      • Industrial
      • Others
  • By Geography
    • Vietnam


Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Vietnam policies Encouraging Foreign Direct Investment (FDI) Drives the Growth in Industrial Sector; Service Sector Drives the Growth in Vietnam
      • 3.3. Market Restrains
        • 3.3.1. Increased instances of Data Breaches and Security Threats
      • 3.4. Market Trends
        • 3.4.1. Industrial Sector is Expected to Witness Significant Growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Vietnam Facility Management Industry Analysis, Insights and Forecast, 2019-2031
    • 5.1. Market Analysis, Insights and Forecast - by Type of Facility Management Type
      • 5.1.1. In-house Facility Management
      • 5.1.2. Outsourced Facility Mangement
        • 5.1.2.1. Single FM
        • 5.1.2.2. Bundled FM
        • 5.1.2.3. Integrated FM
    • 5.2. Market Analysis, Insights and Forecast - by Offerings
      • 5.2.1. Hard FM
      • 5.2.2. Soft FM
    • 5.3. Market Analysis, Insights and Forecast - by End-User
      • 5.3.1. Commercial
      • 5.3.2. Institutional
      • 5.3.3. Public/Infrastructure
      • 5.3.4. Industrial
      • 5.3.5. Others
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. Vietnam
  6. 6. Competitive Analysis
    • 6.1. Market Share Analysis 2024
      • 6.2. Company Profiles
        • 6.2.1 PMC
          • 6.2.1.1. Overview
          • 6.2.1.2. Products
          • 6.2.1.3. SWOT Analysis
          • 6.2.1.4. Recent Developments
          • 6.2.1.5. Financials (Based on Availability)
        • 6.2.2 Savills Vietnam
          • 6.2.2.1. Overview
          • 6.2.2.2. Products
          • 6.2.2.3. SWOT Analysis
          • 6.2.2.4. Recent Developments
          • 6.2.2.5. Financials (Based on Availability)
        • 6.2.3 CBRE Group Inc
          • 6.2.3.1. Overview
          • 6.2.3.2. Products
          • 6.2.3.3. SWOT Analysis
          • 6.2.3.4. Recent Developments
          • 6.2.3.5. Financials (Based on Availability)
        • 6.2.4 Jones Lang LaSalle Incorporated
          • 6.2.4.1. Overview
          • 6.2.4.2. Products
          • 6.2.4.3. SWOT Analysis
          • 6.2.4.4. Recent Developments
          • 6.2.4.5. Financials (Based on Availability)
        • 6.2.5 AEON Delight
          • 6.2.5.1. Overview
          • 6.2.5.2. Products
          • 6.2.5.3. SWOT Analysis
          • 6.2.5.4. Recent Developments
          • 6.2.5.5. Financials (Based on Availability)
        • 6.2.6 ATALIAN Global Services
          • 6.2.6.1. Overview
          • 6.2.6.2. Products
          • 6.2.6.3. SWOT Analysis
          • 6.2.6.4. Recent Developments
          • 6.2.6.5. Financials (Based on Availability)
        • 6.2.7 RCR Vietnam
          • 6.2.7.1. Overview
          • 6.2.7.2. Products
          • 6.2.7.3. SWOT Analysis
          • 6.2.7.4. Recent Developments
          • 6.2.7.5. Financials (Based on Availability)
        • 6.2.8 ADEN Vietnam
          • 6.2.8.1. Overview
          • 6.2.8.2. Products
          • 6.2.8.3. SWOT Analysis
          • 6.2.8.4. Recent Developments
          • 6.2.8.5. Financials (Based on Availability)
        • 6.2.9 Sodexo Inc
          • 6.2.9.1. Overview
          • 6.2.9.2. Products
          • 6.2.9.3. SWOT Analysis
          • 6.2.9.4. Recent Developments
          • 6.2.9.5. Financials (Based on Availability)
        • 6.2.10 P Dussmann Co Ltd
          • 6.2.10.1. Overview
          • 6.2.10.2. Products
          • 6.2.10.3. SWOT Analysis
          • 6.2.10.4. Recent Developments
          • 6.2.10.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Vietnam Facility Management Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
  2. Figure 2: Vietnam Facility Management Industry Share (%) by Company 2024

List of Tables

  1. Table 1: Vietnam Facility Management Industry Revenue Million Forecast, by Region 2019 & 2032
  2. Table 2: Vietnam Facility Management Industry Revenue Million Forecast, by Type of Facility Management Type 2019 & 2032
  3. Table 3: Vietnam Facility Management Industry Revenue Million Forecast, by Offerings 2019 & 2032
  4. Table 4: Vietnam Facility Management Industry Revenue Million Forecast, by End-User 2019 & 2032
  5. Table 5: Vietnam Facility Management Industry Revenue Million Forecast, by Region 2019 & 2032
  6. Table 6: Vietnam Facility Management Industry Revenue Million Forecast, by Country 2019 & 2032
  7. Table 7: Vietnam Facility Management Industry Revenue Million Forecast, by Type of Facility Management Type 2019 & 2032
  8. Table 8: Vietnam Facility Management Industry Revenue Million Forecast, by Offerings 2019 & 2032
  9. Table 9: Vietnam Facility Management Industry Revenue Million Forecast, by End-User 2019 & 2032
  10. Table 10: Vietnam Facility Management Industry Revenue Million Forecast, by Country 2019 & 2032


Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Vietnam Facility Management Industry?

The projected CAGR is approximately 5.00%.

2. Which companies are prominent players in the Vietnam Facility Management Industry?

Key companies in the market include PMC, Savills Vietnam, CBRE Group Inc, Jones Lang LaSalle Incorporated, AEON Delight, ATALIAN Global Services, RCR Vietnam, ADEN Vietnam, Sodexo Inc, P Dussmann Co Ltd.

3. What are the main segments of the Vietnam Facility Management Industry?

The market segments include Type of Facility Management Type, Offerings, End-User.

4. Can you provide details about the market size?

The market size is estimated to be USD XX Million as of 2022.

5. What are some drivers contributing to market growth?

Vietnam policies Encouraging Foreign Direct Investment (FDI) Drives the Growth in Industrial Sector; Service Sector Drives the Growth in Vietnam.

6. What are the notable trends driving market growth?

Industrial Sector is Expected to Witness Significant Growth.

7. Are there any restraints impacting market growth?

Increased instances of Data Breaches and Security Threats.

8. Can you provide examples of recent developments in the market?

February 2022 - LOGOS Vietnam Logistics Venture and Manulife Investment Management announced the formation of a joint venture to obtain an 11-hectare build-to-suit logistics asset in the greater Ho Chi Minh City area and support Vietnam's expanding demand for modern, high-quality logistics facilities.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Vietnam Facility Management Industry," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Vietnam Facility Management Industry report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Vietnam Facility Management Industry?

To stay informed about further developments, trends, and reports in the Vietnam Facility Management Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.



Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

About Research Axiom

Research Axiom delivers in-depth market research, industry analysis, and consulting for pharmaceuticals, automotive, IT, and consumer goods. Our reports provide the clarity you need to make informed decisions and drive innovation.

Our team combines primary research, advanced analytics, and sector expertise to deliver actionable intelligence. We offer syndicated reports, custom research, and consulting services tailored to your business needs.

At Research Axiom, we are committed to quality, transparency, and client satisfaction. Every report is rigorously validated to ensure accuracy and relevance. Our global perspective and local expertise help you understand both the big picture and the finer details of your market.

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The Heads-Up Display (HUD) market is booming, projected to reach [estimated market size in 2033] million by 2033, with a CAGR of 21.20%. Discover key trends, driving factors, major players (like Collins Aerospace, Denso, Visteon), and regional market shares in this comprehensive market analysis. Learn about windshield-based, combiner-based, and AR-HUD technologies.

July 2025
Base Year: 2024
No Of Pages: 234
Price: $4750
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