Press release
Qatar Facility Management Market Emerging Opportunities Scenario 2024
The Qatari facility management market is expected to witness a CAGR of 8.5% during 2019–2024. The growth of the market is mainly driven by increasing construction activities in the region, owing to the upcoming mega events such as FIFA World Cup 2022, in the country. Facility management refers to professional services covering multiple disciplines, in a bid to ensure functionality of the built structures through the integration of people, place, process, and technology. Also, these services provide safe and clean environments for residents, employees, and building visitors.Request to get the report sample pages : www.psmarketresearch.com/market-analysis/qatar-facility-management-market/report-sample
the Qatari facility management market is categorized into property services (heating, ventilation, and air conditioning (HVAC) maintenance; mechanical and electrical maintenance; and others), cleaning services, security services, catering services, support services, environmental management services, and other services. The other services include reception staffing, utility management, furniture supplies, and contract management.
the Qatari facility management market is categorized into in-house and outsourced (integrated, bundled, and single). In-house category held the largest share in the facility management industry of Qatar, with a revenue contribution of 60% in 2017. The leading position of in-house mode of service is attributed to its long-standing presence, comparatively low cost, and high adoption rate.
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Qatar will host some of the major international events to be held during 2019–2022, including World Artistic Championship for Gymnastics, Gulf Expo, International Conference on Environment and Natural Science, FIFA World Cup, and others, which are creating huge demand for facility management services. To organize such big events, the country will need infrastructure and hospitality services, in order to provide lodging facility for participants and visitors from different countries. This will create huge opportunities for players operating in the Qatari facility management market.
Some of the major players operating in the Qatari facility management market are Mosanada Facilities Management Services, Cofely Besix Facility Management, Al-Asmakh Management WLL, COMO Facilities Management Services, OCS Qatar LLC, CBM Qatar LLC, Elegancia Hospitality & Facility Management Services, Al Tamyoz Business Group, Conservo Facility Management Co. WLL, Confident Enterprises WLL, and ASTAD.
Other Reports on Facility Management
GCC Facility Management Market
The growth of the GCC facility management market is mainly driven by the increasing construction activities and growing tourism industry in GCC countries. Facility management refers to professional services covering multiple disciplines, in a bid to ensure functionality of the built structures through the integration of people, place, process, and technology.
www.psmarketresearch.com/market-analysis/gcc-facility-management-market
Saudi Arabia Facility Management Market
The growth of the facility management market is mainly driven by the increasing construction activities in the country. Facility management refers to professional services covering multiple disciplines, in a bid to ensure functionality of the built structures through the integration of people, place, process, and technology.
www.psmarketresearch.com/market-analysis/saudi-arabia-facility-management-market
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