Oman Facility Management Market is expected to grow at a CAGR of 7.49% through 2029
Investment in Sustainable Practices and Development of
Public-Private Partnerships are factors driving the Oman Facility Management
Market in the forecast period 2025-2029.
According
to TechSci Research report, “Oman
Facility Management Market - Industry Size, Share, Trends,
Opportunity, and Forecast 2019-2029F”, the Oman Facility Management Market
is expected to register robust growth during the forecast period. Oman's
strategic focus on economic diversification, as outlined in Vision 2040, is a
primary driver of the facility management market. The country is actively
seeking to reduce its dependence on oil revenues by investing in non-oil
sectors such as tourism, real estate, logistics, healthcare, and manufacturing.
This diversification effort is leading to substantial investments in new
infrastructure, including commercial buildings, residential complexes,
industrial facilities, and public amenities. As these sectors expand, the
demand for professional facility management services increases to ensure
efficient operations, maintenance, and sustainability of these assets. Facility
management companies are required to provide integrated services that enhance
the performance and longevity of infrastructure, aligning with the nation's
broader economic goals.
The
facility management market in Oman is driven by economic diversification,
urbanization and infrastructural development, increasing awareness and adoption
of sustainability practices, and technological advancements. These drivers
collectively contribute to the growth and modernization of the facility
management sector, ensuring the efficient operation, maintenance, and
sustainability of Oman's expanding infrastructure. As the country continues to
evolve, the facility management market will play a critical role in supporting
its economic, environmental, and technological objectives.
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over XX market data Figures spread through 86 Pages and an in-depth TOC on the "Oman Facility Management Market"
Based
on type, the
Soft segment is expected to dominate the market during the forecast period. The
soft segment of the Oman facility management market, which includes services
such as cleaning, landscaping, security, waste management, and pest control, is
experiencing notable growth and transformation. This segment's expansion is
driven by the increasing demand for high-quality, professional services across
various sectors including commercial, residential, and hospitality. As
businesses and property owners prioritize hygiene, safety, and environmental
sustainability, the reliance on specialized soft facility management services
has intensified. The rise in urbanization and new real estate developments has
further fueled the need for comprehensive soft services to maintain the aesthetic
appeal and operational efficiency of properties. The COVID-19 pandemic has
heightened awareness of cleanliness and health standards, leading to a surge in
demand for advanced cleaning and disinfection services. However, the soft
segment faces challenges such as the need for a skilled workforce, regulatory
compliance, and the integration of eco-friendly practices. Companies are
increasingly adopting innovative solutions, such as green cleaning products and
technology-driven waste management systems, to address these challenges and
meet the evolving expectations of clients. Overall, the soft segment plays a
crucial role in enhancing the living and working environments across Oman,
contributing to the overall growth and sophistication of the facility management
market.
Key
market players in the Oman Facility Management Market are:-
- QBG Facilities
Management Group
- Oman
International Group SAOC (OIG)
- Renaissance
Services SAOG
- Daud Group of
Companies
- Bahwan
Engineering Group
- Al Nab’a
Services LLC
- Genetco
- G4S Facility
Services LLC
- Stalwart
Facilities Management LLC
- United
Facilities Management Services LLC
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“The
Elevators and Escalators market in Indoensia is expected to grow during the
forecast period. The growing awareness and adoption of sustainability practices
are reshaping the facility management landscape in Oman. There is a heightened
focus on environmentally friendly and sustainable building practices, driven by
global environmental concerns and local regulatory frameworks.” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based India
management consulting firm.
“Oman Facility Management Market
Segmented By Service (Property, Cleaning, Security, Catering, Support and
Others), By Type (Hard and Soft), By Application (Industrial, Commercial and
Residential), By Industry (Organized and Unorganized), By Mode (Outsource and
Insource), By Region, and By Competition, 2019-2029F” has evaluated the future growth
potential of Oman Facility Management Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Oman Facility Management Market.
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