UAE Facility Management Market to Cross $19 Billion By 2022
Growing number of construction
projects and upcoming megaevents to fuel growth in UAE facility management market
during the forecast period
According to TechSci Research report “UAE
Facility Management Market By
Service, By Application, Competition Forecast & Opportunities, 2012 – 2022”, the market for facility management in the UAE is anticipated
to cross $19 billion by 2022, on account of growing focus towards green
buildings, upcoming megaevents such as World Expo 2020, rapid infrastructure
developments, etc. Rising development of malls, hotels and other commercial
buildings is boosting demand for facility management services in the country during
the forecast period.
Browse 10 market data Tables and 41 Figures
spread through 136 Pages and an in-depth TOC on "UAE Facility Management Market"
https://www.techsciresearch.com/report/uae-facility-management-market-by-service-property-cleaning-security-catering-support-others-by-application-commercial-residential-industrial-competition-forecast-opportunities/1053.html
Number of buildings which are
being supervised by the Dubai Municipality has increased from 120,000 buildings
in 2016 to 125,000 in 2017. Further, more than 26,500 buildings, which include multi-storeyed
buildings, general buildings, private villas, investment villas, etc., are
under construction in the region. Major property facility management services
such as HVAC maintenance, landscaping, MEP, building maintenance, etc., find
application in buildings. Facility management
service providers are increasingly signing contracts with companies. Such
contracts are anticipated to boost demand for facility management services in
the country and this is projected to grow further in the coming years.
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“UAE facility management market is on the rise due to growing
building construction activities in the country. Upcoming megaevents such as
World Expo 2020 is projected to induce around 2.5 million jobs and increase
commercial developments in the country during the forecast period. UAE plans become one of the most
attractive commercial and tourist hubs in the world. Consequently, Government of UAE has undertaken several construction
and infrastructural projects, which
require facility management services. Facility
management market in the country is anticipated to directly benefit from such
developments and thereby increase demand for security, catering and support services
in the region.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“UAE
Facility Management Market By Service, By Application, Competition Forecast
& Opportunities, 2012 – 2022”
has evaluated the facility
management market in UAE and provided statistics and information on market
structure, industry behavior and trends. The report includes market projections
and demand forecasting. The report is intended to provide cutting-edge market
intelligence and help decision makers to take sound investment evaluation.
Besides, the report also identifies and analyses emerging trends along with strategic
recommendations for the UAE facility management market.
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