The Outsourced Facility Management Market to Witness Notable Growth on account of the Booming Tourism & Construction Sectors in the UAE
A recent research report by MarkNtel Advisors reveals that the UAE Outsourced Facility Management Market is set to register around 11% CAGR during 2023-28. The rapidly expanding tourism and building & construction industries owing to the ever-growing influx of tourists and active government efforts toward diversifying the economy away from the oil & gas sector are the prime aspects projected to drive the market in the future.
Owing to its modern skyscrapers, rich culture, desert experience, shopping festivals, lavish lifestyle, & theme parks, the UAE is amongst the most popular tourist destinations in the world. Consequently, the rising number of tourists & migrants in the UAE is leading to the construction of more & more hotels, resorts, shopping malls, & corporate spaces that require regular maintenance and, in turn, propelling the growth of the outsourced facility management market in the country.
Commercial Sector is the Largest End-User of Outsourced Facility Management Services in the UAE
The ever-increasing infrastructural development activities associated with hotels, retail stores, malls, & office buildings in the UAE is the prime aspect driving the need for outsourced facility management services across the commercial sector of the country, especially in Dubai, i.e., witnessing various ongoing & upcoming commercial development projects in verticals like IT & telecommunication, manufacturing, BFSI, etc., mainly on account of substantial government investments toward diversifying the economy from oil & gas exports. In addition, the growing establishment of corporate buildings owing to the flourishing IT sector, coupled with active efforts by telecom companies toward 5G deployment, are further creating profitable prospects for FM service providers to generate significant profits.
Get Full Research Insights- https://www.marknteladvisors.com/research-library/uae-outsourced-facility-management-market.html
Competitive Landscape:
The key companies operating in the UAE Outsourced Facility Management Market include EMRILL Services LLC, Imdaad LLC, Farnek Services LLC, EFS Facilities Management Services, Etisalat, Khidmah LLC, Al Shirawi Facilities Management LLC, Interserve, Transguard, and SERCO.
Key Questions Answered in the Research Report:
- What are the current and future trends of the UAE Outsourced Facility Management Market?
- How has the industry been evolving in terms of end-user demand & application areas?
- How has the competition been shaping across various countries, followed by their comparative factorial indexing?
- What are the key growth drivers and challenges for the UAE Outsourced Facility Management Market?
- What is customer orientation, purchase behavior, and expectations from the key companies in the UAE Outsourced Facility Management Market?
Market Segmentation:
- By Type (Integrated, Single, Specialized, Bundled)
- By End Users (Residential, Commercial, Government, Retail, Education, Healthcare, Hospitality)
- By Enterprise Size (Large, Mid-Size, Small)
- By Region (Abu Dhabi & Al Ain, Dubai, Sharjah & Northern Emirates)
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