January 05, 2021
According to the business intelligence report titled ‘UAE Facility Management Market Analysis, 2020’ available with Market Study Report, UAE facility management market is predicted to exhibit a compound annual growth rate of around 8% during 2020-2025.
The research report states that favorable government initiatives, flourishing tourism sector, and initiation of projects for attracting tourist population are augmenting the expansion of the UAE facility management market size.
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Moreover, increasing establishment of hotels along with rapid development on the hospitality industry are fueling the demand for facility management services, thereby stimulating the overall market outlook.
Based on type, UAE facility management market is fragmented into administrative, risk, soft, and hard. With regards to operating model, the industry is divided into outsourced and in-house.
Moving on to service delivery, the market is segmented into single services, bundled, and integrated. Elaborating on enterprise size, the business sphere is split into small, mid-size, and large.
The end-user terrain of the industry vertical comprises of hospitality, healthcare, education, retail, government, residential, commercial, and others. Among these, the commercial sector is expected to emerge as a major revenue generator for the market during the analysis timeframe, on account of escalating demand for facility management services from corporate offices and enterprises.
As per the regional analysis of the report, UAE facility management market is bifurcated into Sharjah & Northern Emirates, Abu Dhabi & Al Ain, and Dubai.
Key participants of the market include Enova Facility Management Services LLC, Etisalat Facilities Management LLC, Interserve, Al Shirawi Facilities Management LLC, Cofely Besix Facility Management LLC, EFS Facilities Management Services LLC, Farnek Services LLC, Imdaad LLC, and EMRILL Services LLC among others.