UAE Facility Management Market stood at USD14.33 billion in 2020 & grow at a CAGR of over 9.55% until 2026. Free PDF Sample Report.
UAE Facility Management Market stood at USD14.33 billion in 2020 and is forecast to grow at a CAGR of over 9.55% until 2026. Growth in the facility management market is driven by growth in the real estate sector, sustainable smart cities development, and demand for improved facility services. Furthermore, the facility management industry is benefiting from sustainable smart city projects by implementing automation and enhanced data-driven technologies. Additionally, the integration of innovation, technology, and upskilling in facility services is expected to positively influence the UAE Facility Management Market in the coming years.
Based on services, the market is segmented into property, cleaning, security, catering, support, and others. Property services dominated the market in 2020 and are expected to maintain their market dominance during the forecast period, backed by growth in the country’s industrial and commercial sectors. Property management includes building maintenance, ground maintenance, environmental management and damage control, etc. which ensures effective maintenance of buildings and other structural frameworks. Growth in the country’s industrial and commercial sectors, coupled with easy credit conditions, increasing purchasing power parity, and a booming housing sector is expected to boost demand for property services.
The commercial segment was the largest contributing segment by application in 2020 and is expected to maintain its market dominance during the forecast period owing to the rapid infrastructure development, and rising demand from hotels, retail outlets, malls, and office buildings in the country. Dubai accounts for most of the development projects being undertaken in the country’s commercial sector. Moreover, the hosting of Dubai Expo 2020 will require substantial investments from the Dubai government across a range of infrastructure and related commercial projects which will further increase the demand for facility management services in the commercial sector.
Based on region, Dubai held the largest share of the UAE facility management market in 2020 and is expected to maintain market dominance during the forecast period. The growth of the Dubai region is mainly due to increased investments from the government and is expected to positively influence the demand for facility management in this region. Furthermore, improvement in tourism activities in this region post-pandemic is expected to contribute to the growth in the hotel industry, thereby creating ample demand for facility management services.
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To analyze and forecast UAE Facility Management Market, both top-down and bottom-up approaches have been used. Multiple employees from leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in the UAE Facility Management Market was also undertaken. Moreover, detailed and in-depth scrutiny of information was done to understand each policy and external or internal factor which could increase or decrease the demand for facility management services in UAE. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future of major players was studied and projects which have been commissioned in the country were identified.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as facility management companies, service providers, customers, and policymakers and which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market.
In this report, UAE Facility Management Market has been segmented into the following categories in addition to the industry trends which have also been listed below:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UAE Facility Management Market.
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1. Service Overview
4.1. Overall Brand Satisfaction Level
4.2. Brand Satisfaction Level wrt Availability
4.3. Brand Satisfaction Level wrt Mode of Distribution
4.4. Brand Satisfaction Level wrt Pricing
4.5. Brand Satisfaction Level wrt Sales Service
5.1. Industry Structure and Stakeholders
5.2. Porter’s Five Force Analysis
5.3. Market Size & Forecast
5.3.1. By Value
5.4. Market Share & Forecast
5.4.1. By Organized Vs Unorganized
5.4.2. By Outsource Vs Inhouse
5.4.3. By Service (Property, Cleaning, Security, Catering, Support and Others)
5.4.4. By Application (Commercial, Residential and Industrial)
5.4.5. By Region (Dubai, Abu Dhabi, Sharjah and Other Emirates)
5.4.6. By Company (2020)
5.5. Market Map
5.6. Average Annual Spending (Per Unit) in UAE (Plumbing, Painting, AC Services, Electrical Services, Pest Control and Masonry Services), 2020
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Organized Vs Unorganized
6.2.2. By Outsource Vs Inhouse
6.2.3. By Application
6.2.4. By Region
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Organized Vs Unorganized
7.2.2. By Outsource Vs Inhouse
7.2.3. By Application
7.2.4. By Region
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Organized Vs Unorganized
8.2.2. By Outsource Vs Inhouse
8.2.3. By Application
8.2.4. By Region
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