TechSci Research reports that the UAE Facility Management Market will likely achieve a value of USD 25.37 billion by 2026. The market is benefiting from sustainable smart city projects and the use of automation and data-driven technologies. The UAE is adopting smart city infrastructure to integrate sustainable technologies into the built environment, which is expected to aid market growth during the forecast period.
The UAE Facility Management Market is segmented based on organization type (organized vs. unorganized), outsourcing vs. in-house, service type (property, cleaning, security, catering, support, and others), application (industrial, commercial, and residential), and region. The property services segment holds the largest market share in terms of value, owing to growth in the country’s industrial and commercial sectors. The real estate sector’s expansion is expected to have a positive impact on the demand for property services in the forecast period.
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The commercial segment is the largest contributing segment by application due to rising demand from hotels, retail outlets, malls, and office buildings in the country, particularly in Dubai, Abu Dhabi, and Sharjah. The COVID-19 pandemic has increased demand for facility management services due to people being more cautious about cleaning and sanitization in public areas.
In the UAE, most companies operating in the facility management market are seeking innovative solutions to streamline communication and manage manpower and day-to-day operations. Artificial intelligence, mobile internet, and the Internet of Things enable real-time data analysis of different hard and soft services, enabling companies to monitor and manage the workforce more efficiently in near-real time.
In 2020, the government implemented a lockdown to prevent the spread of COVID-19, which impacted the facility management services. The market suffered a decline of -5.89% in terms of value, according to TechSci Research’s estimates. However, the market is currently recovering and is set to overcome the descent in 2021-2022, as organizations focus on cleaning and maintaining hygiene. Facility management service providers are offering end-to-end services to government and private sectors, allowing them to work more efficiently in key areas.
Dubai accounted for the largest share of 50.90% in the UAE facility management market, owing to an increase in population and growing investments in the commercial and housing sector. The government of the UAE is upgrading the country’s commercial and tourism sectors, with Dubai hosting the World Expo 2020 between October 2021 and March 2022. Millions of visitors are expected to visit the country for the event, increasing the demand for facility management services.
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Emrill Services LLC, Imdaad LLC, Farnek Services LLC, EFS Facilities Services Group, Transguard Group LLC, Khidmah LLC, Etisalat Facilities Management LLC, Cofely Besix Facility Management LLC, Al Shirawi Facilities Management LLC, Khansaheb Facilities Management, Enova Facilities Management Services LLC, Eltizam Asset Management Groupetc. are among the leading players operating in UAE Facility Management Market. Companies operating in the market are using organic strategies such as service advancement through addition of new features, partnerships, mergers and collaborations to boost their share in UAE Facility Management Market.
“Integration of facility management in building design, growing usage of integrated workplace management system, increasing usage of CAFM (Computer-aided Facility Management) and BIM (Building Information Modelling) Software’s are driving the UAE Facility Management Market. Moreover, rising demand for sustainable and energy efficient green building solutions, shifting trend towards automated building management solutions, booming Internet of Things (IoT) market, surging demand for cyber and information security management have also been positively influencing the market. Continuance of such trends and increasing awareness about cleanliness, security and maintenance are expected to drive the UAE Facility Management Market in the coming years”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE Facility Management Market by Organized Vs Unorganized (Organized, Unorganized), By Outsource Vs Inhouse (Outsource, Inhouse), By Service (Property, Cleaning, Security, Catering, Support, Others), By Application (Commercial, Residential, Industrial), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of UAE Facility Management Marketand provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE Facility Management Market.
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