Press Release

A USD 20.11 Billion UAE Integrated Facility Management Market to Grow at a CAGR of Around 8.22% During 2025-30

The UAE Integrated Facility Management Market size was valued at around USD 20.11 billion in 2023 & is projected to grow at a CAGR of around 8.22% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors. The principal aspect contributing to the boom of Integrated Facility Management Services within the UAE has been the UAE’s plan of diversifying the economy from a solely oil-based economy to a service-based economic system. Over the years, the government's projects have acted as a catalyst for the development of the UAE Integrated Facility Management Market. Moreover, growth in infrastructure development initiatives, together with the construction of offices, accommodations, and residential units in the country, similarly created the demand for IFM services including hard, soft, risk, and administrative.

Furthermore, the mounting tourist inflow and increasing foreign direct investments (FDIs) are key elements augmenting the growth of the tourism industry in the country. Tourists are attracted to the UAE due to the contemporary skyscrapers, rich subculture, desert experience, theme parks, etc. To meet the demand of the increasing inflow of tourists, new hotels, shopping department stores, and different traveler-attracting buildings are being developed by the government in the country. These buildings after completion would require constant maintenance, repair, and other services to keep them in prime condition and keep attracting visitors. Thus, it is anticipated that the demand for integrated facility management services would increase during the forecast period.

Despite a positive market outlook, the UAE Integrated Facility Management Industry is facing some challenges. One of them is the lack of competent labor. The need for knowledgeable individuals who can oversee intricate building systems, guarantee regulatory compliance, and provide superior maintenance and operational services is growing in tandem with the need for all-inclusive property management services. Nevertheless, the sector is having trouble finding enough competent workers. The quick development of building technology, which needs constant specialization and upskilling, makes this shortage worse. Competent authorities in the country should address these issues to smooth the functioning of the UAE Integrated Facility Management in the coming years, further states the research report, "UAE Integrated Facility Management Market Analysis, 2025."

UAE Integrated Facility Management Market Segmentation Analysis

Hard Facility Management Services Segment to Hold a Major Market Share

Based on type, the market is bifurcated into Hard, Soft, Risk, and Administrative. Among them, the Hard segment is anticipated to grab a sizeable market share during the forecast period due to the growing construction of retail malls, industrial hubs, expansion of corporate offices, luxurious hotels, etc. The rapid expansion in the healthcare sector, educational institutions, and government offices is also anticipated to augment the demand for Hard Facility Management Services in the UAE. Moreover, extreme weather conditions in the country significantly contributed to the demand for district cooling services in the country. Significantly, the establishment of new hospitals & reviving of commercial offices in the country post-COVID-19 would boost the demand for electrical installation, energy management, building management, etc. Therefore, positively impacting the growth of hard services facility management services in the forthcoming years.

Large Enterprises Segment Leads the UAE Integrated Facility Management Industry

The Large enterprise accumulated a major share in the UAE Integrated Facility Management Market historically. Large enterprises have varied & complex tasks to perform that can range from management of business conference meetings to providing food service to their employees on time. Therefore, it comprises a chain of management tasks to be conducted daily. Due to this, large enterprises seek integrated facility management services.

As the volume of business operations of a large enterprise remains normally high, thus such an enterprise prefers proper management of all allied services in an integrated way. That is why there is a higher demand for integrated facility management services from large enterprises segment and it is anticipated to create similar demand in the coming years as well. Ultimately it is accelerating the growth & expansion of the UAE Integrated Facility Management Market.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including EMRILL Services LLC, Imdaad LLC, Farnek Services LLC, EFS Facilities Management Services, COFELY BESIX Facility Management, Khidmah LLC, Al Shirawi Facilities Management LLC, Interserve, Etisalat Facilities Management LLC, Enova, and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Market Size- By Value, Forecast Numbers, Segmentation, Market Shares)?
2. What are the market trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the country?
4. How has the industry been evolving in terms of geography & services adoption?
5. How has the competition been shaping up across the country?
6. How have the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?