Egypt Facility Management Market Analysis Report and Forecast to 2026: Ken Research

Adoption of advanced technology and integrated services along with Government Initiatives are contributing to the growth of Facility Management Industry in Egypt: Ken Research

Commercial Segment Led Boom: The retail & commercial sector in the country is majorly demanding hard services for air-conditioned shopping complexes, commercial buildings, offices, and other retail & commercial places. Due to economic development and population growth, the Commercial sector dominated the facility management market.

Nature of Business: A decrease in employment in the rate of migrant population or a reduction in wages is likely to have a direct impact on the industry. Most of the labours engaged in construction and related sectors are working on temporary work visas.

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Once the project is over, these workers will be sent back to their countries, leading to reduced transaction volume.

Technological Advancements: Technologies such as IoT, Artificial intelligence, Building information modeling (BIM), cloud computing, biometric systems, and motion detection are being implemented at service locations. Focus on indoor thermal comfort by improving air movement mechanisms in air-conditioned and naturally ventilated buildings, which leads to increased productivity at workplaces. This advancement leads to an edge over the market and pushes it to growth.

Distinctive Strategic Location: The strategic location of Egypt has contributed to making it the main hub between global trade movements, as Egypt is considered the best choice to access the global markets in Europe, Middle East, Africa, and India. 

Egypt has a distinguished location in the international logistics roads as well as Suez Canal, which is considered the most important navigational passage in the world linking the east with the west.

Promising Government initiatives: In addition to transport projects, the government aims to rapidly expand tourism, education, and real estate, facility management market would experience considerable growth. Some of the major construction projects underway in this regard are The Electric Train Project, Monorail Project, and Building More Commercial Ports.

Analysts at Ken Research in their latest publication "Egypt Facility Management Market Outlook to 2026F-Driven By Rising End-Users Awareness, Improving Technology and Government's Strong Initiatives regarding Infrastructure" By Ken Research observe that the Facility Management market is an emergent market in Egypt at a rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for facility services, distinctive strategic location along with government are initiatives expected to contribute to the market growth over the forecast period. The market is expected to grow at a double digit CAGR during 2021-2026F owing to the rise in the economy of the country, increasing consciousness towards looks, and new government policies.

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Key Segments Covered in the report

EGYPT Facility Management Market

By Type of Services
Soft Services
Hard Services
By Soft Services
Housing keeping
Security
Landscaping
Others
By Hard Services
Electromechanical Services (including HVAC)
Operations and Maintenance Services
Fire Safety and Security Systems
By Service Type
Integrated facility management (IFM)
Bundled services
Single services
By End user Sector
Commercial (Includes Offices, retail, infrastructural)
Residential
Industrial
By Personal Type
Outsourced Personnel
In-House Personnel

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Key Target Audience

Factories
Plants and Industries
Hotels
Hospitals
Malls
Companies and offices
Tourism Agencies
Government Bodies & Regulating Authorities
Facility management companies
Real estate companies

Time Period Captured in the Report:

Historical Period: 2016-2021
Forecast Period: 2021-2026F

Companies Covered

JLL
HASSAN ALLAM
CFM
EFS Facilities Services
Qatar British Business Forum
IFMA
KHARAFI NATIONAL
ENOVA
EGYFMA
MEFMA

Key Topics Covered in the Report

Egypt Real Estate Market Overview, 2021
Major Real Estate Giga Projects in Egypt
Egypt Facility Management Market Ecosystem
Business Cycle, Genesis, and Timeline of Egypt Facility Management Market
Value Chain & Vendor Selection Process of EGYPT Facility Management Market
Business Acquisition Process in Egypt Facility Management Market
Egypt Facility Management Market Size, 2021
Egypt Facility Management Market Segmentation, 2021
SWOT Analysis of the Egypt Facility Management Market
Key Growth Drivers in Facility Management Market in Egypt
Trends and Developments in Egypt Facility Management Market
Major Challenges Faced by the Egypt Facility Management Market
Competition Framework for Egypt Facility Management Market
Future Outlook and Projections of the Industry, 2021-2026F
Market Opportunities and Analyst Recommendations

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/banking-financial-services-and-insurance/loans-and-advances/egypt-facility-management-market-outlook-to-2026/596137-93.html

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