This comprehensive Middle East Facility Management Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.
According to recent market analysis report, the Middle East Facility Management Market which was USD 52.5 billion in 2023, expected to grow at a CAGR of 5.8% during the forecast period of 2024 to 2030.
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Driving Force Behind the Growth of the Middle East Facility Management Market through 2030
Rising Sustainable Buildings in the Well-developed Nations - With the growing advent of green buildings, sustainable infrastructures, and modern eco-friendly techniques encompassed in the well-developed nations of the region, mainly the UAE & Qatar, the demand for facility management is increasing exponentially. This is because the following countries have already begun following the footprints of other regions like the US & Western Europe by inching towards establishing an eco-friendly environment via emphasizing lower carbon emissions. Additionally, to ensure the timely overall maintenance & repair of green buildings, there is a solidified demand for certified outsourced FM services throughout the UAE & Qatar, which would eventually drive the demand graph of the Middle East Facility Management Market.
Market Segment Highlights:
By Type of Services
- Hard
- Soft
- Risk
- Administrative
By Operating Model
- Outsourced
- In-house
By Service Delivery
- Bundled
- Integrated
- Single Service
By Enterprise Size
- Large
- Medium
- Small
By End User
- Residential
- Government
- Retail Malls
- Healthcare
- Educational Institutes
- Corporates
- Others
The Commercial sector holds the lion’s share of the market due to the transcending construction projects coupled with the massive emergence of hotels, shopping malls, IT industries, and retail outlets. All these are accountable for snowballing the Middle East Facility Management market at an astounding pace in the future years as well. The burgeoning smart buildings emerged quickly in the region due to an upsurge in the infrastructure, and the real estate sector is generating a stringent demand for ideal maintenance & cleaning services which is another crucial factor assisting in enhancing the market growth.
Middle East Facility Management Market Countries Outlook:
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
- Lebanon
- Others
The UAE has more likelihood of witnessing a substantial expansion in FM services owing to a rapid acceleration in commercial development projects intertwined with a significant boost in government investments. The government is setting up more exposure to establish smart cities along with manifesting the tourism sector to enlarge the demand for facility management services. As these industries are getting greatly emphasized, the need for specified services like logistics, cleaning & hygiene, HVAC services, etc., is multiplied & contributing to the proliferation of the market.
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Middle East Facility Management Market Competition Analysis:
Some of the top Middle East Facility Management companies are Al Asmakh Facilities Management, Al Tamyoz, Alghanim International, EMCOR Group Inc., Emrill Services LLC, Etisalat Facilities Management LLC, Farnek, G4S UAE, Galfar AL Misnad, Saudi Binladin Group, Imaad LLC, Khidmah Sole Proprietorship LLC, Muheel services for Maintenance and Operations LLC, SBGOM, Transguard Group, and others.
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