Market Research Report

GCC Facility Management Market Research Report: Forecast (2024-2030)

GCC Facility Management Market - By Type (Hard, Soft, Risk, Administrative), By Operating Model (In-house, Outsourced), By Service Delivery (Integrated, Bundled, Single Service), B...y Enterprise Size (Large, Mid-Size, Small), By End User (Commercial, Residential, Government, Retail, Education, Healthcare, Hospitality) and others Read more

  • Buildings, Construction, Metals & Mining
  • Apr 2024
  • 187
  • PDF, Excel, PPT

Market Insights & Analysis: GCC Facility Management Market (2024-30):

The GCC Facility Management Market size is estimated to grow at a CAGR of around 8.2% during the forecast period, i.e., 2024-30. The market is driven by government initiatives and regulations, growing commercial & residential infrastructure projects, and the escalating tourism industry. Government initiatives such as the UAE Infrastructure and Vision 2021, Oman Vision 40, etc., aimed at improving the quality of infrastructure, enhancing public services, and promoting sustainability, driving the demand for facility management services. Regulations mandating compliance with safety, health, and environmental standards also contribute to the growth of the Facility Management Market.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030) 8.2%
Country Covered Saudi Arabia, The UAE, Qatar, Oman, Kuwait, Bahrain
Key Companies Profiled EMRILL Services LLC, Imdaad L.L.C., Farnek Services LLC, Michelin, EFS Facilities Management Services, COFELY BESIX Integrated Facility Management (IFM), Khidmah LLC, Al Shirawi Facilities Management LLC, Interserve, Etisalat Facilities, Management L.L.C., Enova Integrated Facility Management (IFM) Services LLC, MAB Facilities Management L.L.C., Musanadah Facilities Management Company (MFM), Others
Market Denominations USD Million/Billion

 

Moreover, the surging spending by the companies and government for the infrastructural development of commercial and residential buildings such as premium hotels, high-rise apartments, etc., in countries such as the UAE, Saudi Arabia, Qatar, etc., are facilitating the demand for the facility management market. Additionally, the rising number of leisure and business travelers as well as the growing expatriate population, have been amplifying the construction activities of commercial & residential buildings.

In addition, the Abu Dhabi 2030 Vision & Saudi Vision 2030 aims to boost the tourism industry and encourage the construction of hotels, malls, public infrastructures, tourist attraction places, and other commercial infrastructures. Hence, the construction of these infrastructures is generating considerable demand for facility management services to maintain these infrastructures.

Furthermore, the growing popularity of smart homes in the region has led to an increased demand for the management of various building systems, such as air conditioning systems, lighting controls, and other integrated technologies. As smart home technology becomes more prevalent, there is a greater need for facility management services in the future years to ensure proper maintenance, optimization, and integration of these systems in the overall building infrastructure.


GCC Facility Management Market Research Report: Forecast (2024-2030)

GCC Facility Management Market Driver:

Rapid Investment in the Healthcare Sector to Thrive the Growth – The GCC countries are witnessing a rise in chronic diseases, such as diabetes, cardiovascular diseases, and obesity. This trend has increased the demand for healthcare services, including preventive care, management of chronic conditions, and specialized treatments. As a result, there has been a proliferation of healthcare centers and hospitals across the GCC. Consequently, the demand for management has also increased to ensure healthcare facilities operate efficiently, maintain high standards of cleanliness & safety, and provide a conducive environment for patient care.

Additionally, the governments in the GCC countries, like Saudi Arabia, Kuwait, etc., have planned to invest heavily in the healthcare sector in recent years. This has been aimed at boosting medical tourism, particularly in the UAE & Saudi, economic development, research & innovation, etc., further eventually driving the GCC Facility Management Market.

GCC Facility Management Market Opportunity:

Increasing Sustainable Buildings Fuelling the Facility Management Market – Governments in the GCC, particularly in countries like the UAE, Qatar, and Saudi Arabia, have implemented regulations and initiatives to promote sustainable building practices. These include green building codes, energy efficiency standards, and sustainability certifications, which incentivize developers and builders to adopt environmentally friendly construction practices.

The growing sustainable buildings create a favorable environment for the facility management market in the region to ensure the timely overall maintenance & repair of green buildings. Hence, as the GCC countries invest more in sustainable infrastructures the demand for facility management services to increase in the upcoming years, creating profitable opportunities for market.

GCC Facility Management Market Challenge:

Limited Financial Resources & Access to Funds Among Small- & Medium-sized Companies to Hinder their Ability to Utilize Facility Management Services – Many small- & medium-sized enterprises (SMEs) in countries like the UAE, Saudi Arabia, etc., face challenges in accessing facility management services due to limited investment budgets and resources. As a consequence, these companies may encounter issues such as neglected electrical system maintenance, which could increase the risk of fire breakouts. Additionally, inadequate facility management may lead to decreased employee morale and productivity, as well as hygiene and sanitation concerns. Consequently, the financial constraints experienced by SMEs could potentially impede the overall growth of the market in the foreseeable future.

GCC Facility Management Market Trend:

Rising Adoption of Cutting Edge Technologies Like AI, IoT, and Robotics by FM Companies – To enhance operational efficiency & improve end-user satisfaction, major FM companies like EMRILL, Imdaad, etc., are increasingly incorporating technologies such as AI, IoT, and robotics. By integrating AI algorithms into their business operations, these companies could optimize the performance of key assets, such as HVAC systems and security systems, resulting in reduced operating expenses and improved overall efficiency. Additionally, the use of modern technologies enables FM companies to maintain comprehensive documentation records, further bolstering their operational capabilities. As a result, GCC Facility Management Market is experiencing accelerated growth, driven by the adoption of AI, IoT, and other advanced technologies by prominent FM firms.

GCC Facility Management Market (2024-30): Segmentation Analysis

The GCC Facility Management Market study by MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2024–2030 at the regional level. In accordance to the analysis, the market has been further classified as:

Based on Operating Model:

  • In-house
  • Outsourced

Outsourcing is widely recognized as a key operational model that can significantly elevate the profile of facility management services across the region. By outsourcing, organizations can improve the reliability and efficiency of their operations while gaining valuable insights into their core strengths & weaknesses. Moreover, under the outsourced model, skilled professionals work on a contractual basis, allowing organizations to focus more intensely on their core responsibilities while ensuring dedicated attention to assigned tasks. This aspect serves as a notable growth driver, fueling the increasing demand for facility management services in the GCC during the forecast period.

Based on Type:

  • Hard
  • Soft
  • Risk
  • Administration

Hard service to hold a significant share of the GCC FM Market during the coming years. Increasing emphasis on sustainability & energy efficiency motivates building owners and operators to invest in green building practices & renewable energy solutions. Hard FM services play a crucial role in implementing sustainable building strategies, including energy audits, retrofitting for energy efficiency, and installation of renewable energy systems. Furthermore, nations like Oman, Saudi Arabia, Qatar, and others are actively investing in clean energy technologies such as wind and solar power. For instance:

  • In 2024, Kuwait has launched a tender for solar projects with a total capacity of 1.1GW, to be installed at its Al Shagaya Renewable Energy facility in the west of Kuwait City.

These investments are aimed at achieving their carbon emission targets, diversifying their economies, and promoting the growth of green economies.

GCC Facility Management Market (2024-30): Regional Projection

Geographically, the GCC Facility Management Market expands across:

  • Saudi Arabia
  • The UAE
  • Qatar
  • Oman
  • Kuwait
  • Bahrain

The UAE is holding a significant share of the GCC Facility Management Market due to a rapid acceleration in commercial development projects intertwined with a significant boost in government investments. The government is setting up more exposure to establish smart cities along with manifesting the tourism sector to enlarge the demand for facility management services. As these industries are getting greatly emphasized, the need for specified services like logistics, cleaning & hygiene, HVAC services, etc., is multiplied & contributing to the proliferation of the market.

Moreover, adequate management of warehouses, including services, such as cleaning & hygiene maintenance, equipment maintenance, space management, human resource management, and others, is embraced as a result of the rapidly thriving e-commerce industry.

GCC Facility Management Industry Recent Development:

  • 2023: Emrill, developed & launched an advanced, digital FM solution, TECHSPHERE, to expand technical capabilities, optimise operations & enhance the flow of information accessible by Emrill employees & clients.
  • 2023: Imdaad partnered with Talisen Technologies to develop data-enabled smart building solutions that optimise energy use.

Gain a Competitive Edge with Our GCC Facility Management Market Report

  • GCC Facility Management Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
  • This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
  • GCC Facility Management Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

Frequently Asked Questions

   A. The GCC Facility Management Market is expected to grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2030.

   A. The rapid investment in the healthcare sector is expected to drive the market during 2024-2030.

   A. EMRILL Service LLC, Imdaad LLC, Farnek Service LLC, EFS Facilities Management Services, COFELY BESIX Integrated Facility Management (IFM), Khidmah LLC, Al Shirawi Facilities Management LLC, Interserve, Etisalat Facilities Management LLC, Enova Integrated Facility Management (IFM) Service LLC., MAB Facilities Management LLC., Musanadah Facilities Management Company (MFM), and Others, are the top companies in the GCC Facility Management Market.

   A. Hard facility management held the largest share of the GCC Facility Management Market.

   A. The UAE would present growth prospects in the GCC facility management market during 2024-2030.

   A. The rising adoption of cutting-edge technologies like AI, IoT, and Robotics by FM companies is the key trend shaping the growth of the market.

   A. The increasing sustainable buildings are creating growth opportunities for the GCC Facility Management Market.

  1. Market Segmentation
  2. Introduction
    1. Production Definition
    2. Research Process
    3. Assumption
  3. Executive Summary
  4. GCC Facility Management Market Trends & Developments
  5. GCC Facility Management Market Dynamics
    1. Growth Drivers
    2. Challenges
  6. GCC Facility Management Market Hotspot & Opportunities
  7. GCC Facility Management Market Outlook, 2019-2030F
    1. Market Size and Analysis
      1. By Revenues (USD Million)
    2. Market Share and Analysis
      1. By Type
        1. Hard-Market Size & Forecast 2019-2030, USD Million
          1. District Cooling-Market Size & Forecast 2019-2030, USD Million
          2. Building Management -Market Size & Forecast 2019-2030, USD Million
          3. Plumbing Apparatus, Pumps, Sanitary Units-Market Size & Forecast 2019-2030, USD Million
          4. Electric Installation-Market Size & Forecast 2019-2030, USD Million
          5. Energy Management- Market Size & Forecast 2019-2030, USD Million
          6. Air Conditioning System-Market Size & Forecast 2019-2030, USD Million
          7. Road & Street Lightening System-Market Size & Forecast 2019-2030, USD Million
          8. Others (Fire Safety Services, Security Systems Services, etc.)- Market Size & Forecast 2019-2030, USD Million
        2. Soft- Market Size & Forecast 2019-2030, USD Million
          1. Cleaning Services-Market Size & Forecast 2019-2030, USD Million
          2. Catering -Market Size & Forecast 2019-2030, USD Million
          3. Pest Control-Market Size & Forecast 2019-2030, USD Million
          4. Landscaping-Market Size & Forecast 2019-2030, USD Million
          5. Others (Concierge Services, health & safety services, etc.) -Market Size & Forecast 2019-2030, USD Million
        3. Risk- Market Size & Forecast 2019-2030, USD Million
          1. Insurance Management-Market Size & Forecast 2019-2030, USD Million
          2. Security-Market Size & Forecast 2019-2030, USD Million
          3. Disaster Management-Market Size & Forecast 2019-2030, USD Million
          4. Reserve/Sinking Fund-Market Size & Forecast 2019-2030, USD Million
          5. Others (Legal & liability, Supply Chain Risk, etc.) -Market Size & Forecast 2019-2030, USD Million
        4. Administrative- Market Size & Forecast 2019-2030, USD Million
          1. Mail Management-Market Size & Forecast 2019-2030, USD Million
          2. Front Office Management-Market Size & Forecast 2019-2030, USD Million
          3. Space & Planning Management-Market Size & Forecast 2019-2030, USD Million
          4. Inventory Management-Market Size & Forecast 2019-2030, USD Million
          5. Others (Procurement & Vendor Management, Contract Management, etc.) -Market Size & Forecast 2019-2030, USD Million
      2. By Operating Model
        1. In-house- Market Size & Forecast 2019-2030, USD Million
        2. Outsourced- Market Size & Forecast 2019-2030, USD Million
      3. By Service Delivery- Market Size & Forecast 2019-2030, USD Million
        1. Integrated- Market Size & Forecast 2019-2030, USD Million
        2. Bundled- Market Size & Forecast 2019-2030, USD Million
        3. Single Service- Market Size & Forecast 2019-2030, USD Million
      4. By Enterprise Size
        1. Large- Market Size & Forecast 2019-2030, USD Million
        2. Mid-Size- Market Size & Forecast 2019-2030, USD Million
        3. Small- Market Size & Forecast 2019-2030, USD Million
      5. By End User
        1. Commercial- Market Size & Forecast 2019-2030, USD Million
        2. Residential- Market Size & Forecast 2019-2030, USD Million
        3. Government- Market Size & Forecast 2019-2030, USD Million
        4. Retail- Market Size & Forecast 2019-2030, USD Million
        5. Education- Market Size & Forecast 2019-2030, USD Million
        6. Healthcare- Market Size & Forecast 2019-2030, USD Million
        7. Hospitality - Market Size & Forecast 2019-2030, USD Million
        8. Others (Transportation, Utilities & Energy, etc.) - Market Size & Forecast 2019-2030, USD Million
      6. By Country
        1. Saudi Arabia
        2. The UAE
        3. Qatar
        4. Oman
        5. Kuwait
        6. Bahrain
      7. By Competition
        1. Competition Characteristics
        2. Market Shares & Analysis
  8. Saudi Arabia Facility Management Market Outlook, 2019- 2030F
    1. Market Size and Analysis
      1. By Revenues (USD Million)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030, USD Million
      3. Service Delivery- Market Size & Forecast 2019-2030, USD Million
      4. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      5. By End User- Market Size & Forecast 2019-2030, USD Million
  9. The UAE Facility Management Market Outlook, 2019- 2030F
    1. Market Size and Analysis
      1. By Revenues (USD Million)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030, USD Million
      3. Service Delivery- Market Size & Forecast 2019-2030, USD Million
      4. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      5. By End User- Market Size & Forecast 2019-2030, USD Million
  10. Qatar Facility Management Market Outlook, 2019- 2030F
    1. Market Size and Analysis
      1. By Revenues (USD Million)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030, USD Million
      3. Service Delivery- Market Size & Forecast 2019-2030, USD Million
      4. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      5. By End User- Market Size & Forecast 2019-2030, USD Million
  11. Oman Facility Management Market Outlook, 2019- 2030F
    1. Market Size and Analysis
      1. By Revenues (USD Million)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030, USD Million
      3. Service Delivery- Market Size & Forecast 2019-2030, USD Million
      4. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      5. By End User- Market Size & Forecast 2019-2030, USD Million
  12. Kuwait Facility Management Market Outlook, 2019- 2030F
    1. Market Size and Analysis
      1. By Revenues (USD Million)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030, USD Million
      3. Service Delivery- Market Size & Forecast 2019-2030, USD Million
      4. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      5. By End User- Market Size & Forecast 2019-2030, USD Million
  13. Bahrain Facility Management Market Outlook, 2019- 2030F
    1. Market Size and Analysis
      1. By Revenues (USD Million)
    2. Market Share and Analysis
      1. By Type- Market Size & Forecast 2019-2030, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030, USD Million
      3. Service Delivery- Market Size & Forecast 2019-2030, USD Million
      4. By Enterprise Size- Market Size & Forecast 2019-2030, USD Million
      5. By End User- Market Size & Forecast 2019-2030, USD Million
  14. GCC Facility Management Market Key Strategic Imperatives for Success and Growth
  15. Competitive Outlook
    1. Company Profiles 
      1. EMRILL Services LLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Imdaad L.L.C.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Farnek Services LLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. EFS Facilities Management Services
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. COFELY BESIX Integrated Facility Management (IFM)
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Khidmah LLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Al Shirawi Facilities Management LLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Interserve
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. Etisalat Facilities Management L.L.C.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Enova Integrated Facility Management (IFM) Services LLC
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. MAB Facilities Management L.L.C
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Musanadah Facilities Management Company (MFM)
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. Others
  16. Disclaimer


GCC Facility Management Market Segmentation