Press release
GCC Facility Management Market Demand, Growth, Size, Upcoming Trends, and Its Revenue Estimation Through 2026
GCC Facility Management Market is expected to grow at a CAGR of 8.2% during 2021-26. The market growth attributes to the mounting government expenditure for developing various infrastructure sectors, such as the transportation, construction projects in UAE, Qatar, and Saudi Arabia, and snowballing investments toward a Smart city.Moreover, the rising adoption of advanced technologies like IoT and AI in enhancing the efficiency of facility management services & solutions is also propelling the market growth. Additionally, a burgeoning government initiative toward growing the travel & tourism industry positively affects the demand for facility management services in the GCC region.
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Market Outlook, Segmentation and Statistics
1. Impact of COVID-19 on GCC Facility Management Market
2. Industry Potential & Outlook
2.1. By Revenues
3. Industry Segmentation & Outlook
3.1. By Type
3.1.1. Hard
3.1.2. Soft
3.1.3. Risk
3.1.4. Administrative
4. By Operating Model
4.1. In-House
4.2. Outsourced
5. By Service Delivery
5.1. Integrated
5.2. Bundled
5.3. Single Services
6. By End Users
6.1. Commercial
6.2. Residential
6.3. Government
6.4. Retail
6.5. Education
6.6. Healthcare
6.7. Hospitality
6.8. Others
7. By Enterprise Size
7.1. Large
7.2. Mid-Size
7.3. Small
8. By Company
8.1. Revenue Shares
8.2. Strategic Factorial Indexing
8.3. Competitor Placement in MarkNtel Quadrant
9. GCC Facility Management Market Regulations
10. GCC Facility Management Services Market, Customer Buying Behaviour
11. GCC Facility Management Market Winning Strategies
11.1. Investment Scenario
11.2. Hotspots
12. GCC Facility Management Market Porter’s Five Forces Analysis
13. GCC Facility Management Market Pricing Analysis
14. Competition Outlook
14.1. Competitor Wise Growth Strategies
14.2. Company Profiles
Country-wise Segmentation
• Saudi Arabia
• Qatar
• UAE
• Kuwait
• Oman
• Bahrain
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Key Growth Drivers
• increasing demand for facility management services in commercial & residential buildings across GCC countries like Qatar, Saudi Arabia, UAE, etc.
• the execution of various development programs, such as Qatar National Vision 2030, Saudi Vision 2030, and Kuwait National Development Plan promoting region’s infrastructural developments
• surging demand for Cloud-based solutions across various organizations in GCC countries owing to the low operation cost associated with cloud solutions
• integrating cloud-based solutions with facility management offer benefits like easy data recovery, reduced maintenance costs, and enhanced customer satisfaction
Market Challenges
• rapidly increasing market players in the GCC region leading to surging expectations of quality services
• huge investments required for adopting advanced technologies to reduce labor
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Market Competitors:
EMCOR Group Inc., Emrill Services LLC., United Facilities Management, Khidmah LLC, Cofely Besix Facility Management, Kharafi National, Interserve plc, Imdaad LLC, Musanadah Facilities Management Co. Ltd., and Farnek Services LLC.
Key Questions Answered in this Report:
1. What are the current & future trends in the GCC Facility Management Market?
2. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the GCC Facility Management Market?
3. How has the industry been evolving in terms of geography & services adoption?
4. How has the competition been shaping across GCC, followed by their comparative factorial indexing?
5. What are the key growth drivers & challenges for the GCC Facility Management Market?
6. What are the customer orientation, purchase behavior, and expectations from facility management service providers across the GCC region?
7. What are the country-wise industry size, growth drivers, and challenges?
8. What are the key innovations, opportunities, current & future trends, and regulations in the GCC Facility Management Market?
9. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the GCC Facility Management Market based on a competitive benchmarking matrix?
10. What are the key results derived from the surveys conducted during the GCC Facility Management Market study?
MarkNtel Advisors
1147 88AVE, Delta, British Columbia, BC,V4C,3B8, CANADA
Email: sales@marknteladvisors.com
Tel: +1 604 800 2671
Website: https://www.marknteladvisors.com
About us:
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.
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