UAE Vision 2021 and Abu Dhabi Vision 2030 to Drive UAE Facility Management Market beyond $ 21 Billion by 2023
Growing number of construction projects, hosting of
World Expo and government initiatives such as UAE Vision 2021 and Abu Dhabi
Vision 2030 to fuel UAE facility management market through 2023
According to TechSci Research
report “UAE
Facility Management Market By Service, By Application, By In-house Vs
Outsource, By Organized Vs Unorganized, Competition Forecast &
Opportunities, 2013 – 2023”, facility management market in the UAE is projected to
reach $ 21.7 billion by 2023. Key factors expected to fuel the market are growing
focus towards green buildings, rapid infrastructure development and rising integration
of facility management with building design. As the number of mall, hotel and
other commercial building development projects is growing in the country, requirement
for maintenance and ancillary services is also anticipated to increase, which
would further drive the UAE facility management market during the forecast
period.
Browse 8 market data Tables and 61 Figures spread through 108
Pages and an in-depth TOC on
"UAE Facility Management Market" https://www.techsciresearch.com/report/uae-facility-management-market/3170.html
Number of buildings which are
being supervised by the Dubai Municipality increased from 120,000 in 2016 to more
than 125,000 in 2017. Further, more than 26,500 buildings are under
construction in the region, which include multi-storied buildings, general
buildings, private villas, investment villas, etc. Dubai and Abu Dhabi are the
largest demand generating regions for facility management services in the
country, on account of huge population and growing investments in commercial
and housing sectors in the regions. Property services segment dominated the
country’s facility management market in 2017 and is likely to continue its market
dominance in the coming years as well, backed by increasing number of
construction projects in both residential and commercial sectors.
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“Facility management market in the
UAE is registering strong growth, on account of increasing building
construction activities in the country, in addition to investments under UAE
Vision 2021 and Abu Dhabi Vision 2030, aimed at transforming the country into one
of the best in the world. Moreover, growing preference for outsourcing facility
management services would further steer growth in the UAE facility management market
during the forecast period.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“UAE Facility
Management Market By Service, By Application, By In-house Vs Outsource, By
Organized Vs Unorganized, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the facility
management market in the UAE and has provided the statistics and information on
market structure, industry behavior and trend. 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 decisions. Besides, the report also identifies and analyzes emerging
trends along with strategic recommendations for the UAE facility management market.
About TechSci Research
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