The current UAE Facility Management market research report provides a comprehensive overview of various variables that influence the business portfolio, future outlook, present crisis analysis with significant innovations, and product & service segmentation. The research analyzes key statistics on market size, major drivers, growth opportunities & challenges, competitive analysis, and revenue share of leading corporations/industries/companies, namely –
-EMRILL Services LLC
-Imdaad L.L.C.
-Farnek Services LLC
-EFS Facilities Management Services
-COFELY BESIX Facility Management
-Khidmah LLC
-Al Shirawi Facilities Management LLC
-Interserve
-Etisalat Facilities Management L.L.C.
-Enova Facility Management Services LLC
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According to the research report, the UAE Facility Management Market is expected to expand at a CAGR of 9% during 2021-26.
Market Definition: Facility management comprises tools & services that support the functionality, safety, and sustainability of buildings to provide the surrounding people with better facilities and living & work environments. It involves the integration of places, people, processes, and technologies with each other, thereby enabling the effective management of a workplace.
Key Drivers: The increasing demand for modern infrastructure due to the surging inflow of tourists in the UAE is projected to boost the facility management market during 2021-26. The regulatory bodies in the country are heavily investing in the tourism sector to improve economic diversification, and the government has started issuing tourist visas for the first time in the UAE’s history. Such initiatives are likely to propel the construction of facilities like hotels, malls, cultural centers, etc., in the country, which, in turn, would boost the facility management market in the years to come.
Growth Challenges: Several small & medium-sized enterprises in the UAE do not have heavy investment budgets or resources to avail facility management services. As a result, it leads to various challenges like fire breakouts due to negligent electrical system maintenance, reduced employee morale & productivity, sanitization & hygiene issues, etc. Hence, these financial restraints of small & medium-sized companies might hamper the overall market growth in the coming years.
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The Market segments are cited below:
Market Divided into, By Type
-Hard
-Soft
-Risk
-Administrative
Market Divided into, By Operating Model
-In-House
-Outsourced
Market Divided into, By Service Delivery
-Integrated
-Bundled
-Single Services
Market Divided into, By End Users
-Commercial
-Residential
-Government
-Retail
-Education
-Healthcare
-Hospitality
-Others
Market Divided into, By Enterprise Size
-Large
-Mid-Size
-Small
Country Level Segmentation is as follows: Dubai, Abu Dhabi & Al Ain, Sharjah & Northern Emirates
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Key Citations of the Research Report:
-Influential parameters driving or constraining Market growth
-The Market’s response to the Covid-19 pandemic
-A thorough examination of the Market’s shifting dynamics
-Assists in determining the profitability by providing thorough insights & assessments of -various segments of the Market
-Key strategies adopted by market leaders to maintain their position in the Market
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