Increased Focus On Green Initiatives, Smart Buildings And Energy Management Are Making Facilities Management Necessary For Every Project Developed Across The United Arab Emirates: Ken Research
- Mega Projects, aiming to improve infrastructure, and cater to the growing population including expats shall act as a major growth driver.
- The technology integration will add to the Facilities Services being more adaptive as the data being collected currently would have more applicability in the coming time.
- High growth in the tourism, real estate and construction industry is bringing about more requirement for Facilities Management across the emirates.
Hike in commercial property leasing: Revenue generated from extending Facilities Management Services to Commercial projects is estimated to contribute to the highest share of 43% to the overall facilities management market in 2026E.
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The hike in commercial property leasing and usage as companies shift their offices to the UAE and more businesses are setup shall lead to a higher requirement of facilities services in the emirates.
Changing technological landscape: Integration of more localised players among others in the ecosystem will also contribute in enhancing the supply for Soft Services providers for the projects. Revenue generated from Soft Services will account for the majority share of 70% in 2026E out of the overall revenue generated by Facilities Management market. The revenue share of Soft Services will increase by 10% in between 2022 and 2026E due to the higher demand for sanitation and cleaning services and technical services under Hard Services being handled by the technological capabilities.
Increasing demand for sanitation: Housekeeping Services which include Cleaning, High-Level cleaning, Concierge, Pest Control etc. will contribute to the majority share of 60% to the overall facilities management market in 2026E on the basis of revenue generated. Security services would majorly be digitised and would contribute much less to the revenue generation. Demand for Landscaping is also expected to decrease by 5% in between 2022 and 2026E based on the automation of the service and more focus on Housekeeping in the oncoming years.
Analysts at Ken Research in their latest publication “United Arab Emirates Facilities Management Market Outlook to 2026F– Driven by rapid real estate expansion and tourism infrastructure development by Ken Research observed that UAE facilities market is an emergent market in UAE at a rebounding stage from the economic crisis after pandemic. The high growth in the tourism, real estate and construction industry bringing about more requirement for Facilities Management across the emirates, is expected to contribute to the market growth over the forecast period. The Facilities Management market is estimated to expand at a CAGR of 14.5% in between 2023F and 2026F.
Key Segments Covered
UAE Facilities Management Market:
- By Companies (by Revenue):
- Tafawuq Facilities Management
- Farnek Services LLC
- EFS Facilities Services
- Imdaad LLC
- By End Users (by Revenue)
- Commercial
- Residential
- Infrastructure
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- By Services (by Revenue)
- Soft services
- Hard services
- By Personnel (by Revenue)
- In-House
- Outsourced
- By outsourced FM (by Revenue)
- Integrated FM
- Bundles
- Singles
Key Target Audience
- Logistics Companies
- Bankers and associations
- Investment firms
- Fintech companies
- Venture capitalists
- Western conglomerates
- Multi-national Companies
- Tourism Agencies
- Government Bodies & Regulating Authorities
- Energy Management Firms
Time Period Captured in the Report:
- Historic Period: 2017-2022P
- Base Year: 2022P
- Forecast Period: 2023F– 2026F
Companies Covered:
Facilities management Providers
- Tafawuq Facilities Management
- Farnek Services LLC
- EFS Facilities Services
- Imdaad LLC
Key Topics Covered in the Report
- UAE Facilities Management Market Overview
- UAE Healthcare Overview
- Ecosystem of UAE Facilities Management Market
- Business Cycle and Genesis of UAE Facilities Management Market
- End User Analysis of UAE Facilities Management Market
- Consumer Journey in UAE Facilities Management Market
- Consumer Pain Points in UAE Facilities Management Market
- Industry Analysis of UAE Facilities Management Market
- SWOT Analysis of UAE Facilities Management Market
- Key Growth Drivers in Dental Service Market in UAE
- Major Challenges and Bottlenecks in UAE Facilities Management Market
- Regulatory Framework in UAE Facilities Management Market
- Competitive Landscape in in UAE Facilities Management Market
- Market Share of Major Facilities Management Providers in UAE Facilities Management Market
- Detailed Analysis on UAE Facilities Management Market (Market Size and Segmentation, 2016-2021; Future Market Size and Segmentation, 2021-2026F)
- Market Opportunity and Analyst Recommendations
For more insights on the market intelligence, refer to the link below
UAE Facility Management Service Providers
Related Reports by Ken Research: –
KSA Facility Management Market Outlook to 2026F
Kuwait Facility Management Market Outlook to 2026F
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