According to the research report titled ‘Middle East Facility Management Market Analysis, 2020‘, available with Market Study Report, Middle East facility management market is expected to witness a growth rate of 7% during 2020-2025
 

Developments in construction sector in order to create fresh revenue streams and to reduce the dependence on crude oil earnings, is fueling the growth of Middle East facility management market. Further, increasing foreign investments in several sectors such as entertainment, BFSI, and tourism as well as rapid rise in commercial space is contributing to the industry growth..
 

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Also, efforts taken by government towards social welfare such as healthcare centers, affordable housing, and others is creating opportunities for the expansion of the Middle East facility management market. Moreover, expansion of hotel chains, rise in religious tourism infrastructure and developments for global events is propelling the industry growth.
 

Operational efficiency and financial savings in terms of cost optimization are majorly influencing the growth of facility management operations in UAE, Saudi Arabia, Oman, Kuwait, and Bahrain.
 

Based on type of services, Middle East facility management industry is segmented into risk, hard, soft, and administrative. Among these, the hard service segment held significant industry share in 2019 and is anticipated to witness considerable gains in coming years owing to rising HVAC maintenance.  However, decline in cost of maintenance, per sq., ft, may cause slow paced growth of the segment.
 

Whereas, the soft segment is surpassing the growth rate of hard service type, although, high cost may hamper its segmental growth.   
 

Major players influencing Middle East facility management market trends are COFELY BESIX Facility Management Ltd. LLC, Farnek Services LLC, Emrill Services LLC, Al Shirawi Facilities Management LLC, Etisalat Facilities Management L.L.C., Khidmah LLC, Imdaad L.L.C, EFS Facilities Services LLC, Mosanada Facility Management Services, and Interserve.