Market Research Report

Middle East Facility Management Market Research Report: Forecast (2023-2028)

By Type of Services (Hard, Soft, Risk, Administrative), By Operating Model (Outsourced, In-House), By Service Delivery (Single, Bundled, Integrated), By Enterprise Size (Large, Med...ium, Small) By End Users (Residential, Government, Retail Malls, Healthcare, Educational Institutes, Corporates, Others), By Country (UAE, Saudi Arabia, Qatar, Kuwait, Oman, Bahrain, Lebanon, Egypt), By Company (Al Asmakh Facilities Management, Al Tamyoz, Alghanim International, EMCOR Group Inc., Emrill Services LLC, Etisalat Facilities Management LLC, Farnek, G4S UAE, Galfar AL Misnad, Saudi Binladin Group, Imaad LLC, Khidmah Sole Proprietorship LLC, Muheel services for Maintenance and Operations LLC, SBGOM, Transguard Group, and others) Read more

  • Buildings, Construction, Metals & Mining
  • Jul 2023
  • 185
  • BM44011

Market Insights & Analysis: The Middle East Facility Management Market (2023-28):

The Middle East Facility Management Market is valued at USD 52.5 billion in 2022 & is estimated to grow at a CAGR of around 5.8% during the forecast period, i.e., 2023-28. The market is equipped with several remarkable growth factors, such as the growing prevalence of sustainability concerns, rising construction projects in the region, expanding demands raised by the government, education, transportation & logistics sector, etc. Other prime factors for the augmentation of the market remain a quick hike in the initiatives undertaken by the government of rapidly flourishing economies in the region to support social welfare activities to change the entire landscape of the healthcare & housing industries since facility management is all about providing professional management services that streamline hard or soft functioning, security, sustainability, and overall management of a building, real estate, or a ground.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 5.8%
Country Covered Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain, Lebanon, Others
Key Companies Profiled Al Asmakh Facilities Management, Al Tamyoz, Alghanim International, EMCOR Group Inc., Emrill Services LLC, Etisalat Facilities Management LLC, Farnek, G4S UAE, Galfar AL Misnad, Saudi Binladin Group, Imaad LLC, Khidmah Sole Proprietorship LLC, Muheel services for Maintenance and Operations LLC, SBGOM, Transguard Group, and others
Market Value (2022) USD 52.5 billion

 

This industry is also facilitated to witness a booming demand from the hospitality & tourism sector, owing to its qualitative managing features that aid in keeping the fluent functioning when the visitors arrive. The sector is also recording a high influx of tourists in several countries, with the newly establishing sightseeing places & parks. In addition, it enables vendors to continue with standard practices, including IFM (Integrated Facilities Management) and others. Further, an upscale in equipment leasing is more likely to amplify the Middle East Facility Management Market growth within the projected timeframe owing to the providers aiming to deliver all equipment-related services like maintenance & repair in the forthcoming years.


Middle East Facility Management Market Research Report: Forecast (2023-2028)

The Middle East Facility Management Market Driver:

Rising Sustainable Buildings in the Well-developed Nations - With the growing advent of green buildings, sustainable infrastructures, and modern eco-friendly techniques encompassed in the well-developed nations of the region, mainly the UAE & Qatar, the demand for facility management is increasing exponentially. This is because the following countries have already begun following the footprints of other regions like the US & Western Europe by inching towards establishing an eco-friendly environment via emphasizing lower carbon emissions. Additionally, to ensure the timely overall maintenance & repair of green buildings, there is a solidified demand for certified outsourced FM services throughout the UAE & Qatar, which would eventually drive the demand graph of the Middle East Facility Management Market. 

The Middle East Facility Management Market Opportunity:

Proliferating Initiatives Towards Promoting Clean Energy - The Facility Management Market is poised for growth in the Middle East region due to the growing number of initiatives by the government, especially Saudi Arabia, toward promoting clean energy resources by figuring out every suitable measure for achieving zero carbon emissions till 2060. Hence, to support this initiative, the country is envisioning a circular carbon economy & introducing campaigns like the Saudi Green Initiative to evolve from fossil fuels to renewable energy sources. Likewise, the government is setting goals to acquire more than 50% of its energy from renewable sources by 2030 & has publicly declared plans for ten new renewable energy projects, including the Yanbu Wind Farm. Therefore, the encouraging initiatives by the various government of the countries to achieve the sustainability target would aid in generating lucrative opportunities for the market in the future years.

The Middle East Facility Management Market Challenge:

Limited Logistics Services & Material Supply in Western Regions of the Countries - Facility management requires a steady & timely supply of equipment, tools, and materials for various maintenance & operational tasks. Limited logistics services & material supply result in delays in receiving essential items, leading to disruptions in facility operations. This delay led to an impact on the maintenance schedules prolonging repair times & compromising the overall efficiency of facility management services in regional countries, such as Saudi Arabia, the UAE, etc.

Also, inadequate logistics services lead to increased downtime for facility management services in various sectors like commercial, hospitality, and various others. If spare parts or necessary supplies are not readily available, mainly in the western region, it takes longer to procure & deliver them from other areas. Hence, extended downtime can affect the functionality of critical systems, including HVAC, electrical, or plumbing, leading to discomfort for occupants & potential revenue losses for businesses. Therefore, the lack of accessible logistics & material supply results in hindering the Middle East Facility Management Market during the forecast period. 

The Middle East Facility Management Market Trend:

Increasing Implementation of Modern Technologies like Artificial Intelligence (AI) & Internet of Things (IoT) by Prominent FM Companies – For enhanced end-user satisfaction, prominent FM companies have now begun incorporating modern technologies such as AI, IoT, and robotics to reinforce the overall functioning & performance of a company, along with having a brief record of documentation. Hence, such factors are influencing the growth of the Middle East Facility Management Market. Moreover, amalgamating AI algorithms with business operations aids in lowering the operating expenses of major assets of a firm, such as HVAC, security, and other systems, thus strengthening the overall efficiency & stimulating the market to accelerate at a considerable rate.

The Middle East Facility Management Market (2023-28): Segmentation Analysis

The Middle East Facility Management Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2023–28 at the regional & country levels. Based on the analysis, the market has been further classified as:

Based on End Users:

  • Commercial
  • Residential
  • Government
  • Retail
  • Education
  • Healthcare
  • Hospitality
  • Others

The Commercial sector holds the lion’s share of the market due to the transcending construction projects coupled with the massive emergence of hotels, shopping malls, IT industries, and retail outlets. All these are accountable for snowballing the Middle East Facility Management market at an astounding pace in the future years as well. The burgeoning smart buildings emerged quickly in the region due to an upsurge in the infrastructure, and the real estate sector is generating a stringent demand for ideal maintenance & cleaning services which is another crucial factor assisting in enhancing the market growth.

Based on Operating Model:

  • In-house
  • Outsourced

Outsourced is considered to be a significant operating model that would contribute to heightening the prominence of facility management services throughout the region due to enhancing the reliability & efficacy of operations along with attaining a deep understanding of the fundamental strengths & weaknesses of an organization. Furthermore, the skilled professionals under the outsourced operating model function on a contract basis that aims to diminish other duties while considering putting more effort into assigned tasks, which is a remarkable growth factor contributing to upscaling the demand for the Middle East Facility Management Market in the coming years.

The Middle East Facility Management Market (2023-28): Regional Projections

Geographically, the Middle East Facility Management Market expands across:

  • The UAE
  • Kuwait
  • Qatar
  • Oman
  • Bahrain
  • Saudi Arabia
  • Turkey
  • Israel
  • Rest of the Middle East

The UAE has more likelihood of witnessing a substantial expansion in FM services owing 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 getting 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.

The Middle East Facility Management Industry Recent Development:

  • May 2022:  Emrill Services LLC, a leading FM management company based in the UAE, introduced its latest application to streamline its cleaning services with utmost efficiency to serve the renowned sectors.
  • October 2022: Imaad LLC joined hands with the Dubai Culture & Arts Authority by signing a one-year bond to provide FM services. Earlier, the organization was leveraged by the Dubai Culture & Arts Authority in the expansion of its service operation in the UAE.

Gain a Competitive Edge with Our Middle East Facility Management Market Report

  • The Middle East Facility Management Market Report by Markntel Advisors provides a detailed & thorough analysis of market size, 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.
  • The Middle East 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 Middle East Facility Management is estimated to grow at a CAGR of around 5.8% during the forecast period, i.e., 2023-28.

   A. Rising sustainable buildings in the well-developed nations has the likelihood of driving the Middle East Facility Management Market.

   A. Al Asmakh Facilities Management, Al Tamyoz, Alghanim International, EMCOR Group Inc., Emrill Services LLC, Etisalat Facilities Management LLC, Farnek, G4S UAE, Galfar AL Misnad, Saudi Binladin Group, Imaad LLC, Khidmah Sole Proprietorship LLC, Muheel services for Maintenance and Operations LLC, SBGOM, Transguard Group, and others are the leading competitors in the Middle East Facility Management Market.

   A. Outsourced is presumed to be one of the leading operating model in the Middle East Facility Management Market.

   A. The UAE would present growth prospects in the Middle East Facility Management Market during 2023-28.

   A. Increasing Implementation of Modern Technologies like Artificial Intelligence (AI) & Internet of Things (IoT) by Prominent FM Companies is the major trend that has the potential to shape the growth of the market.

   A. One of the crucial growth opportunities is the proliferating Initiatives Towards Promoting Clean Energy.

   A. Lack of awareness about the cost among the end-users is the major possible restraint.

   A. The commercial, residential, government, retail, education, healthcare, hospitality, and others are considered to be the industry’s potential end-user.

Middle East Facility Management Market Research Report (2023-2028) - Table of Contents

 

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Expert Verbatim- What our Experts Say?
  4. Middle East Facility Management Market Voice of Customer
    1. Brand Awareness
    2. End User Expectation
    3. Key Factors Impacting Vendor Selection
    4. Key Issues Encountered
    5. Vendor’s Receptiveness to Address Key Customer Issues
    6. Future Requirements
  5. Middle East Facility Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Services
        1. Hard
        2. Soft
        3. Risk
        4. Administrative
      2. By Operating Model
        1. Outsourced
        2. In-house
      3. By Service Delivery
        1. Bundled
        2. Integrated
        3. Single Service
      4. By Enterprise Size
        1. Large
        2. Medium
        3. Small
      5. By End User
        1. Residential
        2. Government
        3. Retail Malls
        4. Healthcare
        5. Educational Institutes
        6. Corporates
        7. Others
      6. By Country
        1. Saudi Arabia
        2. UAE
        3. Qatar
        4. Oman
        5. Kuwait
        6. Bahrain
        7. Lebanon
        8. Others
  6. Saudi Arabia Facility Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Services
      2. By Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End User
  7. UAE Facility Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Services
      2. By Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End User
  8. Qatar Facility Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Services
      2. By Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End User
  9. Kuwait Facility Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Services
      2. By Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End User
  10. Bahrain Facility Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Services
      2. By Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End User
  11. Oman Facility Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Services
      2. By Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End User
  12. Lebanon Facility Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. Market Revenue
    2. Market Share & Analysis
      1. By Type of Services
      2. By Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End User
  13. Middle East Facility Management Market Trends & Insights
  14. Middle East Facility Management Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  15. Middle East Facility Management Market Hotspot & Opportunities
  16. Middle East Facility Management Market Key Strategic Imperatives for Success & Growth
  17. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Specialization
      3. Target Markets
      4. Target End Users
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Emrill Services LLC
      2. Imdaad L.L.C
      3. Farnek Services LLC
      4. EFS Facilities Management Services
      5. COFELY BESIX Facility Management
      6. Khidmah LLC
      7. Al Shirawi Facilities Management LLC
      8. Interserve
      9. Etisalat Facilities Management L.L.C.
      10. Mosnada Facility Management Services
  18. Disclaimer


Middle East Facility Management Market Segmentation