UAE Facility Management Market is expected to grow at a CAGR of 9% during 2021-2026

According to the MarkNtel Advisors' research report, "UAE Facility Management Market Analysis, 2021," the market is likely to grow at a CAGR of 9% during 2021-26. The burgeoning need for modernization of offices and rising demand for streamlining their services fuel the market growth. Additionally, the surging establishment of multinational corporations in the UAE has also fueled the demand for facility management services from these MNCs for better asset management. Further, the mounting adoption of advanced technologies like AI and IoT to augment the efficiency of facility management services & solutions propels the market growth. Apart from this, the rising government initiatives toward boosting the travel & tourism industry further accelerates the demand for facility management services in UAE.

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Key questions answered in the study
1. What are the current and future trends in the UAE Facility Management market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the UAE Facility Management market?
5. What are the customer orientation, purchase behavior, and expectations from the UAE Facility Management market service providers across various regions?

Impact of Covid-19
The impact of COVID-19 has been staggering and unprecedented on the overall global economy. The UAE Facility Management Market got adversely affected due to the pandemic owing to the lockdown imposition and stringent restrictions laid by the government, which, in turn, resulted in disrupting the complete supply chain of the market. Contrary to this, the surging awareness regarding cleanliness and maintenance management also propels the market growth. Due to the massive spread of coronavirus, most end-users are massively investing in facility management services to ensure their safety, thereby aiding the overall facility management market growth.

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"UAE Facility Management Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for facility management providers across the region. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

Soft Facility Management Solution Exhibits Fastest Growth

Based on the Type, the market segments into Hard, Soft, Risk, and Administrative Types. Among these, the Soft Facility Management Solution is likely to grow substantially during the forecast period. Integration of advanced technologies, such as analytics, AI, and cloud computing that support facility management services, further accelerates the market growth. Moreover, the rising focus of organizations on optimizing their operations while reducing energy consumption shall also fuel the demand for soft facility management services in the UAE. Hence, these factors actively contribute to the overall market growth in the forecast period, says MarkNtel Advisors in their research report, "UAE Facility Management Market Analysis, 2021."

According to MarkNtel Advisors, the major leading players in the UAE Facility Management Market are EMRILL Services LLC, Imdaad L.L.C., Farnek Services LLC, EFS Facilities Management Services, COFELY BESIX Facility Management, Khidmah LLC, Al Shirawi Facilities Management LLC, Interserve, Etisalat Facilities Management LLC, and Enova Facility Management Services LLC.

Market Segmentation:
1. By Type (Hard, Soft, Risk, Administrative)
2. By Operating Model (In-House, Outsourced)
3. By Service Delivery (Single Service, Bundled, Integrated)
4. By Size (Small Enterprise, Mid-Size Enterprise, Large Enterprise)
5. By End Users (Residential, Commercial, Government, Retail, Education, Healthcare, Hospitality, Others)
6. By Enterprise Size (Small, Med-Size, Large)
7. By Geographic Region ( Dubai, Abu Dhabi & Al Ain, Sharjah & Northern Emirates)
8. By Competitors (EMRILL Services LLC, Imdaad L.L.C., Farnek Services LLC, EFS Facilities Management Services, COFELY BESIX Facility Management, Khidmah LLC, Al Shirawi Facilities Management LLC, Interserve, Etisalat Facilities Management LLC, Enova Facility Management Services LLC)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.