UAE $14.33 Billion Facilities Management Markets, Competitive Forecast and Opportunities, 2026

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DUBLIN, March 03, 2022–(BUSINESS WIRE)–The “United Arab Emirates Facilities Management Market, By Organized vs Unorganized (Organized, Unorganized), By Outsourced vs Internal (Outsourced, Internal), By Service, By Application, By Region, Competition Forecast and Opportunities, 2016 -2026″ Report has been added to from ResearchAndMarkets.com offer.

The UAE facilities management market was worth $14.33 billion in 2020 and is expected to grow at a CAGR of over 9.55% through 2026.

The growth of the facilities management market is driven by the growth of the real estate sector, the sustainable development of smart cities and the demand for improved services. Additionally, the facility management industry is benefiting from sustainable smart city projects by implementing automation and improved data-driven technologies.

Moreover, the integration of innovation, technology and sophistication in facilities services is expected to positively influence the UAE facilities management market in the coming years.

Based on services, the market is segmented into real estate, cleaning, security, catering, support and others. Real estate services dominated the market in 2020 and are expected to maintain their market dominance over the forecast period, supported 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 efficient maintenance of buildings and other structural settings. The growth of the country’s industrial and commercial sectors, coupled with easy credit conditions, rising purchasing power parity and a booming housing sector, is expected to boost demand for real estate services.

Commercial segment was the top contributing segment by application in 2020 and is expected to maintain its market dominance over the forecast period due to rapid infrastructure development, growing demand from hotels, retail outlets, shopping centers and office buildings in the country.

Dubai accounts for most of the development projects undertaken in the commercial sector of the country. Additionally, hosting Dubai Expo 2020 will require substantial investment from the Government of Dubai in 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 UAE facilities management market share in 2020 and is expected to maintain its market dominance over the forecast period.

The growth of the Dubai region is mainly due to the increase in government investments and is expected to positively influence the demand for facility management in this region. Additionally, improved tourism business in this region post-pandemic is expected to contribute to the growth of the hospitality industry, thereby creating a strong demand for facility management services.

Some of the major players in the facilities management market in UAE include Emrill Services LLC, Farnek Services LLC, EFS Facilities Services Group, Khidmah LLC, Imdaad LLC, Eltizam Asset Management Group, MAB Facilities Management LLC, Deyaar Facilities Management LLC, Idama Facilities ManagementSolutions. , Enova Facilities Management Services LLC, among others.

Goal of the study:

  • The main objective of the study is to understand and obtain insights on the United Arab Emirates Facilities Management Market by Value and its segmental analysis by Organized Vs Unorganized, Outsourced Vs In-house, By Service, by application, by region from 2016 to 2026.

  • To analyze the historical market size growth of the UAE Facilities Management market from 2016 to 2020.

  • Estimate and forecast the market size of UAE Facilities Management Market from 2021 to 2026 and the growth rate till 2026.

  • To project the size of the UAE facilities management market, in terms of value, with respect to key services such as real estate, cleaning, security, catering, support and others.

  • To understand the regional market structure of UAE Facilities Management Market which is segmented into regions viz- Dubai, Abu-Dhabi, Sharjah and Other Emirates.

  • Identify the detailed information of the major factors affecting the UAE Facilities Management market.

  • Evaluate competitive pricing, average market selling prices and margins in the UAE facilities management market.

  • Examine competitive developments such as new services, new entrants, government policy and investments in the UAE Facilities Management Market.

  • To strategically profile key market players involved in facilities management in the UAE.

Report Scope:

Years considered for this report:

UAE Facilities Management Market, Organized vs. Unorganized

UAE Facilities Management Market, By Outsourcing vs In-house

UAE Facilities Management Market, By Service:

  • Goods

  • Cleaning

  • Security

  • Restoration

  • Support

  • Others

UAE Facilities Management Market, By Application:

  • Commercial

  • Residential

  • Industrial

UAE Facilities Management Market, By Region:

  • dubai

  • Abu Dhabi

  • Sharjah

  • Other Emirates

For more information on this report visit https://www.researchandmarkets.com/r/fx42oc

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220303005482/en/

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