Market Research Report

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

UAE Integrated Facility Management Market Report - By Type (Hard, Soft, Risk, Administrative), By End Users (Commercial, Residential, Government, Retail, Education, Healthcare, Hos...pitality, Others), By Enterprise Size (Large, Mid-Size, Small), By Region (Dubai, Abu Dhabi & Al Ain, Sharjah & Northern Emirates), By Company (EMRILL Services LLC, Imdaad L.L.C., Farnek Services LLC, 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) Read more

  • Buildings, Construction, Metals & Mining
  • Jul 2024
  • 145
  • PDF, Excel, PPT

Market Definition

Consolidating all facility management services and responsibilities under one management structure or supplier is known as integrated facility management (IFM) services. This method improves efficiency, uniformity, and accountability by centralizing and streamlining activities. For instance, a lone vendor offering cleaning, catering, waste management, front desk management, pest control, security, etc.

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

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., 2024-30. The UAE has emerged as one of the most dynamic markets for integrated facility management services in the Middle East during the historical period since the country is considered as the regional financial hub. The growing efforts by the UAE government to diversify its economy away from conventional oil exports to service sectors have strongly contributed to the growth of the UAE Integrated Facility Management Market. Additionally, the country’s sustainable development objective utilizing green & smart buildings has intensified the UAE Integrated Facility Management Market. Consequently, the customer demand for smart buildings has driven the need for facility management services, such as cloud-based enterprise management systems, integrated building automation systems, etc.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030) 8.22%
Key Companies Profiled EMRILL Services LLC, Imdaad L.L.C., Farnek Services LLC, 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)
Market Value In 2023 USD 20.11 Billion

 

Moreover, the increasing foreign direct investments (FDIs) and mounting tourist inflow are the major factors driving the tourism industry. Tourists are attracted to the UAE due to the modern skyscrapers, rich culture, desert experience, theme parks, etc. New hotels, shopping malls, and other tourist-attracting ongoing building projects are under construction in the UAE. On completion, these would require constant maintenance, repair, and other services to keep them in prime condition and keep attracting visitors. Thus, the demand for integrated facility management services would increase in the forecast period due to the growing need for security, disinfection, safety, and environmental management services in hotels and other tourism sectors.

However, with the increasing number of competitors offering diverse & niche services, the rate of outsourcing facility management services in the UAE is rapidly surging. With the rising focus of organizations on core businesses & offering a better quality of services, they have shifted toward outsourcing facility management services, which, in turn, would positively augment the size & volume of the UAE Integrated Facility Management Market during the forecast period.


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

UAE Integrated Facility Management Market Driver:

Increasing Investment in the Construction Sector – In recent years, the UAE government has invested in many construction projects, including The Dubai Metro Red Line extension, the Royal Atlantis Resort, the Container Terminal 4 (Jebel Ali Port), etc. According to BNC Network, projects worth more than USD 200 billion are in the pipeline in UAE and are scheduled for completion during 2022-2035. These projects include amusement parks, business parks, mixed-use buildings, etc. Also, the government is investing heavily in the Energy sector, which, in turn, is infusing construction activities. For instance,

  • In 2024, Aldar Properties revealed a major AED 1 billion investment to expand its logistics real estate operations in Abu Dhabi and Dubai. This investment in the UAE construction industry demonstrates the increasing attention being paid to infrastructure development in the region.

The Government has also focused on and funded training programs for potential innovators in recent years. The exhibitions conducted by the UAE government have helped the country to attract global experts to follow and participate in annual exhibitions. The participation of global leading companies has increased Foreign Direct Investments in the country. Eventually, the increasing construction would require the need of facility management for its maintenance and better services. Therefore, increasing investment in the construction sector is driving the growth & development of the UAE Integrated Facility Management Industry.

UAE Integrated Facility Management Market Challenge:

Skilled Workforce Shortage to Impede Market Growth – One of the biggest obstacles facing the integrated facility management (IFM) industry 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.

Client satisfaction and the overall success of leading market players can be negatively impacted by inefficiencies, higher operating costs, and a possible drop in service quality caused by a shortage of competent workers. To attract and retain people in this competitive market climate, UAE-based integrated facility management companies need to make investments in creative recruitment techniques, competitive remuneration packages, and training and development programs.

UAE Integrated Facility Management Market Trend:

Mounting Demand for Cloud-based Facility Management Solutions – Integrated facility management companies in the UAE are integrating advanced technologies into their services, with an increasing demand for cloud-based technologies since they offer better reliability, incur lower costs, & are highly customized. Cloud-based IFM services can be accessed remotely, from any location, and real-time insights can help companies make better decisions.

Moreover, cloud-based solutions prevent integrated facility management services from cyberattacks since the cloud system detects bots & brute-force attempts of hackers and, in turn, strengthens data security. Furthermore, cloud-based IFM solutions reduce the demand for installing additional hardware or software, thus, reducing the capital expenditure of organizations. Recently, many leading market players have partnered with other tech companies to integrate cloud-based software into their facility management solutions & provide their clients with easy accessibility, real-time insights, etc.

UAE Integrated Facility Management Market (2024-30): Segmentation Analysis

The UAE Integrated Facility Management Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2024–2030 at the global level. Based on the analysis, the market has been further classified as:

Based on Type:

  • Hard
  • Soft
  • Risk
  • Administrative

Of them all, Hard Integrated Facility Management Services are projected to grab the largest market share over the forecast years. Hard services comprise district cooling, building management, plumbing apparatus, electrical installations, energy management, etc. Since air conditioning is the UAE's fundamental need due to its harsh climate conditions, there is a continuous demand for HVAC services in the country. The increasing construction of large commercial & residential spaces in the country is propelling the need for Hard IFM services, which would retain its majority market share in the forecast period, i.e., 2024-30.

Moreover, Hard FM services have been in continuous demand due to strict government regulations for energy management systems, carbon emission protocols, etc. Due to this, services like district cooling, and building energy management have been well-adopted by hospitality, retail, healthcare, government, educational sectors, etc. Furthermore, the country’s extreme weather conditions have also elevated the demand for Hard IFM services.

Based on End Users:

  • Commercial
  • Residential
  • Government
  • Retail
  • Education
  • Healthcare
  • Hospitality
  • Others (Amusement Parks, Zoo, Parks, etc.)

Integrated facility management services have been a basic need across the commercial segment since they ensure & take care of the smooth workflow in an organization. They look after the safety, comfort, functionality, efficiency, and other factors of individuals or representatives working in a company or an allied industry. The commercial sector entirely dominated the market in the past few years and is anticipated to capture a major market share in the coming years as well. Massive investments in real estate and the rapid construction of offices, hotels, malls, and buildings have contributed to the higher demand for integrated facility management services from the commercial sector.

Moreover, the application of integrated facility management services in the commercial sector is expected to increase further in the forecast years owing to the expansion of commercial infrastructures & services. The demand for IFM services in IT & communication, finance, marketing sectors, etc., is also projected to surge considerably in the coming years.

Based on Enterprise Size:

  • Large
  • Mid-Size
  • Small

Of these three, large enterprises completely dominated the market in the past few years, grossing more than 70% of the total spending in the Integrated Facility Management Market. Large budgets, an inclination towards accessing better IFM technologies, and a tendency to focus on core business activities are the key aspects attributed to the pole position of large enterprises in the market. Despite increasing investments in IFM services by mid-size companies, the same trend is likely to prevail during the forecast period.

UAE Integrated Facility Management Industry Recent Development:

  • In 2024: Together, Emrill and Clemtech offer cutting-edge technical resource solutions for the UAE rail industry through Emrill Rail.
  • In 2023: Dubai Airports is entering into a memorandum of understanding (MoU) with Enova, a joint venture between Majid Al Futtaim and Veolia, to enhance Emiratization in Enova's provision of facilities management services. This is done in support of the UAE Government's NAFIS Programme and its empowerment of Emiratis in the private sector.
  • In 2023: A major accomplishment in its financial performance was reported by EFS Facilities Services, a top global supplier of all-inclusive facilities management solutions, which secured landmark contracts valued at more than AED 1.5 billion in 2023. This outstanding accomplishment is a testament to the company's steadfast dedication to quality, client retention, and strategic growth.

Gain a Competitive Edge with Our UAE Integrated Facility Management Market Report

  1. UAE Integrated Facility Management Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & market share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of market dynamics & make informed decisions.
  2. 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.
  3. UAE Integrated 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 UAE Integrated Facility Management Market is expected to grow at a compound annual growth rate (CAGR) of around 8.22% during 2024-30.

   A. The UAE Integrated Facility Management Market size was valued at around USD 20.11 billion in 2023.

   A. The increasing investment in the construction sector is a prominent factor expected to drive the UAE Integrated Facility Management Market during 2024-30.

   A. The top companies in the UAE Integrated Facility Management Market are 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.

   A. The commercial segment held the largest share of the UAE Integrated Facility Management Market.

   A. The mounting demand for cloud-based facility management solutions is one of the key trends shaping the growth of the UAE Integrated Facility Management Market.

   A. The skilled workforce shortage is one of the possible restraints affecting the growth of the UAE Integrated Facility Management Market.

  1. Introduction
    1. Research Process
    2. Assumption
    3. Market Segmentation
    4. Market Definition
  2. Executive Summary
  3. UAE Integrated Facility Management (IFM) Market: Digital Services Providers & Their Competitive Strategies
  4. UAE Integrated Facility Management (IFM) Digital Services Providers and Their Mergers & Acquisition Activities
  5. Impact of COVID-19 on UAE Integrated Facility Management (IFM) Market
  6. UAE Integrated Facility Management (IFM) Market Trends & Insights
  7. UAE Integrated Facility Management (IFM) Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  8. UAE Integrated Facility Management (IFM) Market Value Chain Analysis
  9. UAE Integrated Facility Management (IFM) Market Hotspot and Opportunities
  10. UAE Integrated Facility Management (IFM) Market Outlook, 2019-2030F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Type
        1. Hard
          1. District Cooling
          2. Building Management
          3. Plumbing Apparatus, Pumps, Sanitary units, etc.
          4. Electrical Installation
          5. Energy Management
          6. Roads & Street Lighting System
          7. Others (Elevator Maintenance, Fire & Safety, etc.)
        2. Soft
          1. Cleaning Services
          2. Catering
          3. Pest Control & Health & Safety
          4. Landscaping
          5. Event Management
            1. General Marketing
            2. Special Events
            3. Sponsorship
            4. Photography
            5. Event creation
            6. Function, Venue, Building Hire
            7. Security & Logistics
            8. Interior/Event Design
            9. Furnishing and Fixtures
          6. Others (Travel Management, etc.)
        3. Risk
          1. Insurance Management
          2. Security
          3. Disaster Management
          4. Reserve/Sinking Fund
          5. Others (Compliance, Data Governance, Contractual Risk, etc.)
        4. Administrative
          1. FM Advisory Services
          2. Mail Management
          3. Front Office Management & Computer-Aided Facilities Management (CAFM)
          4. Property Management
            1. Commercial & Residential Property Management & Leasing
            2. Landlord Representation & Tenant Liaison
            3. Property Operations Management
            4. Property Finance
          5. Interior Design & Space Planning & Management
          6. Communication Based Services
            1. Brand and Design
            2. Content Creation
            3. Communication Consultancy
          7. Project Management
          8. Logistics & Transport
            1. Inventory Management
            2. Moving & Relocation
            3. Transportation & Vehicle leasing
            4. Courier Services
          9. Others (Technical Due Diligence, Vendor Development, etc.)
      2. By End Users
        1. Commercial
        2. Residential
        3. Government
        4. Retail
        5. Education
        6. Healthcare
        7. Hospitality
        8. Others
      3. By Enterprise Size
        1. Large
        2. Mid-Size
        3. Small
      4. By Region
        1. Dubai
        2. Abu Dhabi & Al Ain
        3. Sharjah & Northern Emirates
      5. By Company
        1. Competition Characteristics
        2. Revenue Shares of Top 5 Integrated Facility Management (IFM) Service Providers
        3. Competitor Placement in MarkNtel Quadrant
  11. UAE Hard Integrated Facility Management (IFM) Market Outlook, 2019-2030F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Type
        1. District Cooling
        2. Building Management
        3. Plumbing Apparatus, Pumps, Sanitary units, etc.
        4. Electrical Installation
        5. Energy Management
        6. Roads & Street Lighting System
        7. Others
      2. By End User
      3. By Enterprise Size
      4. By Region
  12. UAE Soft Integrated Facility Management (IFM) Market Outlook, 2019-2030F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Type
        1. Cleaning Services
        2. Catering
        3. Pest Control & Health & Safety
        4. Landscaping
        5. Event Management
          1. General Marketing
          2. Special Events
          3. Sponsorship
          4. Photography
          5. Event creation
          6. Function, Venue, Building Hire
          7. Security & Logistics
          8. Interior/Event Design
          9. Furnishing and Fixtures
        6. Others
      2. By End User
      3. By Enterprise Size
      4. By Region
  13. UAE Risk Integrated Facility Management (IFM) Market Outlook, 2019-2030F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Type
        1. Insurance Management
        2. Security
        3. Disaster Management
        4. Reserve/Sinking Fund
        5. Others
      2. By End User
      3. By Enterprise Size
      4. By Region
  14. UAE Administrative Integrated Facility Management (IFM) Market Outlook, 2019-2030F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Type
        1. FM Advisory Services
        2. Mail Management
        3. Front Office Management & Computer-Aided Facilities Management (CAFM)
        4. Property Management
          1. Commercial & Residential Property Management & Leasing
          2. Landlord Representation & Tenant Liaison
          3. Property Operations Management
          4. Property Finance
        5. Interior Design & Space Planning & Management
        6. Communication Based Services
          1. Brand and Design
          2. Content Creation
          3. Communication Consultancy
        7. Project Management
        8. Logistics & Transport
          1. Inventory Management
          2. Moving & Relocation
          3. Transportation & Vehicle leasing
          4. Courier Services
      2. By End User
      3. By Enterprise Size
      4. By Region
  15. UAE Integrated Facility Management (IFM) Market Key Strategic Imperatives for Success and Growth
  16. Competitive Outlook
    1. Competition Matrix
      1. Application Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target Applications
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Application 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 Integrated Facility Management (IFM)
      6. Khidmah LLC
      7. Al Shirawi Facilities Management LLC
      8. Interserve
      9. Etisalat Facilities Management L.L.C.
      10. Enova Integrated Facility Management (IFM) Services LLC
  17. Disclaimer


UAE Integrated Facility Management Market Segmentation