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Report Description

Report Description

Forecast Period

2024-2029

Market Size (2023)

USD 836.92 million

CAGR (2023-2029)

7.49%

Fastest Growing Segment

Organized

Largest Market

Muscat

Market Size (2029)

USD 1,302.52 million





Market Overview

Oman Facility Management Market was valued at USD 836.92 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 7.49% through 2029. As global and local awareness of environmental issues grows, there is a significant opportunity for facility management companies in Oman to invest in sustainable and eco-friendly practices. The adoption of green building certifications such as LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method) is gaining momentum. Facility managers can capitalize on this trend by offering services that focus on energy efficiency, water conservation, waste reduction, and the use of sustainable materials. This not only helps reduce the environmental impact but also enhances the marketability and long-term value of properties. Government incentives and regulations promoting sustainability further bolster this opportunity.

Key Market Drivers

Economic Diversification and Government Initiatives

Oman's facility management market is significantly driven by the country's strategic economic diversification efforts and robust government initiatives aimed at reducing its dependency on oil revenues. The government's Vision 2040 plan is a comprehensive roadmap that focuses on sustainable economic growth, infrastructural development, and enhancing the overall quality of life for its citizens. This vision includes substantial investments in various sectors such as tourism, logistics, healthcare, and real estate, all of which require sophisticated facility management services.

The real estate sector, in particular, is witnessing rapid growth due to the development of new residential, commercial, and industrial projects. The government has been proactive in attracting foreign investments and fostering public-private partnerships to boost infrastructure development. The construction of modern shopping malls, office complexes, and residential areas demands efficient facility management to ensure the smooth operation, maintenance, and sustainability of these assets.

The tourism sector is a key focus area for economic diversification. Oman aims to capitalize on its rich cultural heritage, natural beauty, and strategic location to become a prime tourist destination. The development of hotels, resorts, and recreational facilities necessitates professional facility management to maintain high standards of service and safety, thus enhancing the overall visitor experience.

Healthcare is another critical sector undergoing transformation. With the construction of state-of-the-art hospitals and medical facilities, the need for specialized facility management services has grown. These services are essential for maintaining hygiene, managing medical waste, and ensuring the seamless functioning of complex healthcare infrastructure.

The logistics sector is expanding due to Oman's strategic location along major global trade routes. The development of ports, free zones, and logistics hubs requires comprehensive facility management to optimize operations, maintain infrastructure, and ensure security.

Oman's facility management market is propelled by the government's determined efforts to diversify the economy and foster sustainable development across various sectors. The emphasis on infrastructural growth, coupled with strategic investments and initiatives, creates a robust demand for facility management services, ensuring the efficient functioning and longevity of new and existing developments.

Urbanization and Infrastructure Development

The rapid urbanization and extensive infrastructure development in Oman are pivotal drivers of the facility management market. As urban centers expand and new cities emerge, the demand for professional facility management services escalates to ensure the efficient operation and maintenance of urban infrastructure. The shift from traditional rural settings to modern urban lifestyles necessitates a comprehensive approach to managing residential, commercial, and public facilities.

One of the most significant aspects of urbanization in Oman is the development of smart cities. These cities leverage advanced technologies and sustainable practices to enhance the quality of life for residents while optimizing resource utilization. The implementation of smart city projects requires integrated facility management solutions that encompass energy management, waste disposal, security, and maintenance of high-tech infrastructures. The use of IoT (Internet of Things) devices and AI (Artificial Intelligence) in smart cities further amplifies the need for specialized facility management services to handle the complexity of these systems.

Infrastructure development is another critical factor driving the facility management market. Oman's ambitious infrastructure projects, including the construction of highways, airports, and public transportation systems, create a substantial demand for facility management services. For instance, the expansion of Muscat International Airport and the development of Duqm Port as a major logistics hub necessitate continuous facility management to ensure operational efficiency, safety, and compliance with international standards.

Residential and commercial real estate developments are booming in urban areas. The construction of high-rise buildings, gated communities, and commercial complexes requires ongoing facility management to maintain the aesthetics, functionality, and safety of these properties. Property owners and developers increasingly recognize the value of professional facility management in preserving the long-term value of their assets and providing a superior living and working environment.

The emphasis on sustainable development further influences the facility management market. Green building initiatives and eco-friendly practices are becoming integral to urban planning in Oman. Facility management services play a crucial role in implementing and maintaining these sustainable practices, such as energy-efficient lighting, water conservation systems, and waste recycling programs.

The rapid urbanization and extensive infrastructure development in Oman drive the facility management market by creating a substantial need for professional services to manage, maintain, and optimize the growing urban landscape. The focus on smart cities, sustainable practices, and high-quality urban living further amplifies the demand for specialized facility management solutions.

Growing Awareness of Facility Management Benefits

The growing awareness of the benefits of professional facility management is a significant driver of the facility management market in Oman. As businesses, property owners, and government entities increasingly recognize the importance of efficient facility management, the demand for these services is on the rise. The awareness extends beyond mere maintenance and encompasses aspects such as cost efficiency, sustainability, enhanced productivity, and improved quality of life.

One of the primary benefits of facility management is cost efficiency. Effective facility management helps in reducing operational costs through optimized resource utilization, preventive maintenance, and efficient energy management. For instance, regular maintenance of HVAC systems, electrical installations, and plumbing can prevent costly breakdowns and extend the lifespan of these assets. In a competitive business environment, cost savings achieved through facility management can significantly impact the bottom line, making it an attractive proposition for businesses and property owners.

Sustainability is another critical benefit driving the demand for facility management services. As environmental consciousness grows, there is an increasing emphasis on sustainable practices and green building initiatives. Facility management services play a crucial role in implementing and maintaining these practices, such as energy-efficient lighting, water conservation measures, and waste management programs. By adopting sustainable practices, organizations can reduce their environmental footprint, comply with regulatory requirements, and enhance their corporate social responsibility profile.

Enhanced productivity is a notable benefit of professional facility management. Well-maintained facilities create a conducive environment for employees, enhancing their comfort, safety, and overall productivity. For example, maintaining optimal indoor air quality, adequate lighting, and ergonomic workspaces can positively impact employee health and morale, leading to increased efficiency and reduced absenteeism. In educational institutions, well-managed facilities provide a better learning environment for students, contributing to improved academic performance.

The quality of life is also significantly improved through effective facility management. In residential complexes, facility management ensures the upkeep of common areas, security, and amenities, enhancing the living experience for residents. In healthcare facilities, professional management is vital for maintaining hygiene, safety, and the smooth operation of medical equipment, thereby ensuring high standards of patient care.

The growing awareness of the numerous benefits of professional facility management is a significant driver of the market in Oman. As organizations and property owners realize the advantages of cost efficiency, sustainability, enhanced productivity, and improved quality of life, the demand for specialized facility management services continues to grow. This awareness is fostering a culture of proactive and professional management, further propelling the facility management market's expansion.


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Key Market Challenges

Skilled Workforce Shortage

One of the significant challenges facing the facility management market in Oman is the shortage of a skilled workforce. Facility management is a complex field that requires a diverse set of skills, including technical expertise, managerial capabilities, and knowledge of sustainability practices. However, the local labor market in Oman often lacks adequately trained professionals to meet these demands, leading to a talent gap that hampers the industry's growth.

The educational and vocational training infrastructure in Oman has historically been geared towards traditional sectors like oil and gas, leaving a gap in specialized training programs for facility management. While there have been efforts to introduce relevant courses and certifications, the pace of these developments has not kept up with the growing demand for facility management services. This shortage of skilled professionals means that many facility management companies face difficulties in finding qualified personnel to manage and maintain complex infrastructure effectively.

The retention of skilled employees poses another challenge. The facility management industry can be demanding, with the need for round-the-clock services and the pressure to maintain high standards. As a result, there is a high turnover rate among facility management staff, exacerbating the issue of workforce shortages. Companies often struggle to provide competitive salaries and career growth opportunities that can attract and retain top talent.

To address this challenge, Oman needs to invest in comprehensive training programs and certifications tailored to facility management. Collaboration between the government, educational institutions, and industry players is crucial to develop a robust pipeline of skilled professionals. Additionally, companies should focus on creating attractive career paths and improving working conditions to enhance employee satisfaction and retention.

Tthe shortage of a skilled workforce is a significant challenge for the facility management market in Oman. Addressing this issue requires a concerted effort to develop specialized training programs, attract talent, and create conducive working environments. Overcoming this challenge is essential for the sustainable growth and success of the facility management industry in Oman.

Regulatory and Compliance Issues

Regulatory and compliance issues present a substantial challenge to the facility management market in Oman. The facility management sector operates within a complex regulatory framework that encompasses health and safety standards, environmental regulations, building codes, and labor laws. Navigating this intricate landscape can be daunting for facility management companies, particularly given the evolving nature of these regulations and the need for strict compliance.

One of the primary regulatory challenges is the adherence to health and safety standards. Facility management involves the maintenance and operation of various types of infrastructure, each with its specific safety requirements. Ensuring compliance with these standards is critical to prevent accidents and ensure the safety of occupants. However, the frequent updates and changes to safety regulations necessitate continuous monitoring and adaptation by facility management companies, which can be resource-intensive and challenging to implement effectively.

Environmental regulations also pose significant compliance challenges. Oman has been increasingly focusing on sustainability and environmental protection, leading to the introduction of stringent regulations on waste management, energy efficiency, and water conservation. Facility management companies are required to adopt eco-friendly practices and technologies to meet these regulatory requirements. However, the cost and complexity of implementing these sustainable practices can be a barrier for many companies, especially smaller ones with limited resources.

Building codes and standards represent another area of regulatory complexity. The construction and maintenance of buildings must comply with specific codes to ensure structural integrity, fire safety, and accessibility. Facility management companies must stay updated with these codes and ensure that all aspects of their operations adhere to the regulations. Non-compliance can result in hefty fines, legal issues, and damage to reputation, making it imperative for companies to invest in regulatory compliance.

Labor laws and regulations add another layer of complexity. Ensuring compliance with labor laws related to wages, working hours, and employee welfare is crucial for facility management companies. Navigating the regulatory landscape while maintaining operational efficiency requires dedicated resources and expertise.

Regulatory and compliance issues pose significant challenges to the facility management market in Oman. Companies need to invest in continuous monitoring, training, and adaptation to navigate this complex regulatory environment successfully. Ensuring compliance while maintaining operational efficiency is critical for the sustainable growth and credibility of the facility management industry.

Technological Integration and Adoption

Technological integration and adoption present a major challenge for the facility management market in Oman. The industry is increasingly reliant on advanced technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), Building Information Modeling (BIM), and smart systems to enhance efficiency, reduce costs, and improve service quality. However, the integration and widespread adoption of these technologies face several hurdles.

The initial investment required for advanced technological solutions can be prohibitively high. Many facility management companies, particularly small and medium-sized enterprises (SMEs), may find it challenging to allocate the necessary capital for purchasing and implementing these technologies. This financial barrier can limit their ability to compete with larger, better-funded companies that can afford to invest in state-of-the-art systems.

There is a significant challenge related to the existing infrastructure's compatibility with new technologies. Older buildings and facilities may not be equipped to support the latest technological advancements without substantial retrofitting and upgrades. This process can be both costly and time-consuming, posing a deterrent to the adoption of advanced facility management solutions. Additionally, the integration of new technologies with existing systems can lead to operational disruptions if not managed properly.

The lack of technological expertise within the facility management workforce is another critical issue. Effective implementation and utilization of advanced technologies require a workforce skilled in IT and tech-savvy management practices. However, as mentioned earlier, there is already a shortage of skilled professionals in the Omani facility management market. This gap extends to technological competencies, making it difficult for companies to fully leverage the potential of advanced systems.

There is often resistance to change within organizations. The adoption of new technologies necessitates a shift in operational processes and employee mindsets. Resistance from staff, due to fear of job loss or unfamiliarity with new systems, can impede the smooth transition to technologically advanced facility management practices.

Data security and privacy concerns also complicate the adoption of new technologies. The use of IoT and AI involves the collection and analysis of vast amounts of data, raising issues related to data protection and cybersecurity. Facility management companies must ensure robust security measures are in place to protect sensitive information and comply with data protection regulations.

Technological integration and adoption are significant challenges for the facility management market in Oman. Overcoming these challenges requires substantial investment, infrastructure upgrades, skill development, and a cultural shift within organizations. Addressing these issues is essential for the industry to harness the benefits of advanced technologies and remain competitive in an increasingly digital landscape.

Key Market Trends

Adoption of Smart Building Technologies

The adoption of smart building technologies is a prominent trend shaping the facility management market in Oman. Smart building technologies utilize the Internet of Things (IoT), Artificial Intelligence (AI), and data analytics to create more efficient, sustainable, and responsive building environments. This trend is driven by the increasing demand for energy efficiency, operational cost reduction, and enhanced occupant experience.

Smart building technologies enable real-time monitoring and control of various building systems such as HVAC (heating, ventilation, and air conditioning), lighting, security, and energy management. For instance, IoT sensors can monitor and adjust lighting and temperature based on occupancy and natural light availability, significantly reducing energy consumption. AI algorithms can analyze data from these sensors to optimize building performance, predict maintenance needs, and improve energy efficiency. This level of automation and predictive maintenance not only enhances operational efficiency but also extends the lifespan of building systems and reduces unexpected downtime.

Energy efficiency is a critical concern in Oman due to the harsh climatic conditions and the high energy consumption associated with cooling and ventilation. Smart building technologies address this issue by optimizing energy use and integrating renewable energy sources such as solar panels. Buildings equipped with smart technologies can automatically adjust energy usage based on real-time data, reducing energy waste and lowering utility costs. This aligns with the broader sustainability goals of Oman’s Vision 2040, which emphasizes environmental stewardship and sustainable development.

Enhanced occupant experience is another significant benefit driving the adoption of smart building technologies. Smart buildings can provide a more comfortable and customized environment for occupants through personalized settings for lighting, temperature, and air quality. This leads to improved productivity and satisfaction for occupants in commercial buildings and a better quality of life for residents in smart homes. Additionally, advanced security systems with real-time monitoring and analytics enhance the safety of the building's occupants.

Facility management companies in Oman are increasingly recognizing the advantages of smart building technologies and investing in their integration. This trend is expected to grow as more stakeholders, including property developers, building owners, and tenants, become aware of the benefits. The government's support for smart city initiatives further accelerates this trend, promoting the adoption of smart technologies across the built environment.

The adoption of smart building technologies is a significant trend in the Oman facility management market. Driven by the need for energy efficiency, cost reduction, and enhanced occupant experience, smart technologies are transforming the way buildings are managed and operated, aligning with the country's sustainability and modernization goals.

Increasing Focus on Sustainability and Green Building Practices

An increasing focus on sustainability and green building practices is a notable trend in the Oman facility management market. As environmental awareness grows globally and locally, there is a strong push towards adopting sustainable practices in the construction, operation, and maintenance of buildings. This trend is propelled by both regulatory requirements and the rising demand from businesses and consumers for eco-friendly solutions.

Sustainability in facility management involves a holistic approach to reducing the environmental impact of buildings. This includes energy-efficient systems, water conservation measures, waste reduction, and the use of sustainable materials. Facility management companies are increasingly incorporating these practices into their operations to meet the sustainability goals of their clients and comply with stringent environmental regulations.

Energy efficiency is a key component of sustainable facility management. The adoption of energy-efficient HVAC systems, LED lighting, and advanced building automation systems helps reduce energy consumption and lower greenhouse gas emissions. Facility managers are also leveraging renewable energy sources such as solar power to supplement traditional energy supplies, further enhancing the sustainability of building operations. Energy audits and performance monitoring are becoming standard practices to identify areas for improvement and ensure ongoing efficiency.

Water conservation is another critical aspect of sustainable facility management. In a region like Oman, where water scarcity is a significant concern, efficient water management practices are essential. Facility managers are implementing water-saving technologies such as low-flow fixtures, smart irrigation systems, and water recycling programs. These measures help reduce water consumption and promote sustainable water use in buildings.

Waste management and recycling are integral to green building practices. Facility management companies are adopting comprehensive waste management strategies that include recycling programs, waste segregation, and the use of biodegradable materials. These practices not only reduce the environmental impact but also contribute to a circular economy by reusing and recycling materials.

The use of sustainable and non-toxic building materials is becoming increasingly important. Facility managers are sourcing materials that have minimal environmental impact, are durable, and promote indoor air quality. Green building certifications such as LEED (Leadership in Energy and Environmental Design) and BREEAM (Building Research Establishment Environmental Assessment Method) are gaining popularity, providing a framework for implementing and measuring sustainability practices.

The increasing focus on sustainability and green building practices is a significant trend in the Oman facility management market. Driven by regulatory requirements and consumer demand, facility management companies are adopting comprehensive sustainability strategies to reduce environmental impact and promote eco-friendly building practices. This trend not only supports environmental goals but also enhances the marketability and long-term value of properties.

Segmental Insights

Application Insights

The Commercial segment emerged as the dominating segment in 2023. The commercial segment of the facility management market in Oman plays a pivotal role in the overall industry landscape. This segment encompasses a wide range of properties, including office buildings, retail spaces, hospitality establishments, and mixed-use developments. The growth and dynamics of the commercial segment are influenced by several factors, including economic diversification, urbanization, and evolving business needs.

Oman's strategic economic diversification efforts, as outlined in Vision 2040, have significantly boosted the commercial real estate sector. The government's focus on reducing reliance on oil revenues has led to substantial investments in non-oil sectors, driving the development of commercial properties. New business hubs, office complexes, shopping malls, and mixed-use developments are being constructed to support the growing demand for commercial spaces.

The capital city of Muscat is a primary beneficiary of this growth, with numerous commercial projects underway. The development of commercial zones such as Knowledge Oasis Muscat (KOM) and the expansion of existing business districts are creating a robust demand for facility management services. Efficient facility management is crucial in these commercial properties to ensure smooth operations, enhance tenant satisfaction, and maintain property values.

Rapid urbanization in Oman is another critical driver for the commercial facility management market. As cities expand and new urban centers emerge, the demand for commercial spaces, including office buildings, retail outlets, and hospitality establishments, continues to rise. The influx of businesses and the growing urban population necessitate the development and maintenance of high-quality commercial infrastructure.

The retail sector, in particular, is experiencing significant growth, with the construction of modern shopping malls and retail complexes. These establishments require specialized facility management services to handle the complexities of large-scale retail operations, including maintenance, security, energy management, and customer service. Efficient facility management ensures that retail spaces remain attractive to shoppers and tenants, driving foot traffic and business success.

The hospitality sector is a vital component of the commercial segment in Oman's facility management market. The country's strategic efforts to promote tourism have led to the development of numerous hotels, resorts, and recreational facilities. These hospitality establishments demand high standards of facility management to provide exceptional guest experiences, maintain hygiene and safety, and manage diverse operational needs.

Facility management in the hospitality sector includes a wide range of services, from housekeeping and landscaping to technical maintenance and energy management. The goal is to create a seamless and enjoyable environment for guests while ensuring operational efficiency and sustainability. The rise in luxury hotels and resorts, particularly in tourist hotspots, amplifies the need for specialized facility management services.

The commercial segment is a crucial driver of the facility management market in Oman, supported by economic diversification, urbanization, and technological advancements. The development of commercial real estate, retail spaces, and hospitality establishments creates a robust demand for specialized facility management services. Despite the challenges, the commercial segment offers significant opportunities for growth and innovation, ensuring the efficient operation and maintenance of Oman's commercial infrastructure.


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Regional Insights

Muscat is expected to dominate the market during the forecast period. Muscat's rapid urbanization is a significant driver for the facility management market. The city's population growth and expansion necessitate the development of extensive residential, commercial, and public infrastructure. New residential complexes, office buildings, shopping malls, and mixed-use developments are emerging across the city, requiring comprehensive facility management services to ensure their efficient operation and maintenance. Key urban development projects, such as the Muscat International Airport expansion and the construction of new business districts, further amplify the demand for specialized facility management solutions.

Oman's Vision 2040 aims to diversify the economy away from oil dependency, with Muscat playing a pivotal role in this transformation. The city's focus on sectors such as tourism, logistics, real estate, and healthcare creates a robust demand for facility management services. For instance, the growth of the tourism sector has led to the development of numerous hotels, resorts, and recreational facilities in Muscat, all of which require high standards of facility management to ensure guest satisfaction and operational efficiency.

The commercial segment in Muscat, encompassing office spaces, retail outlets, and hospitality establishments, is a significant contributor to the facility management market. The development of business hubs and commercial zones like Knowledge Oasis Muscat (KOM) necessitates advanced facility management to maintain high standards of safety, functionality, and aesthetics. Similarly, the residential segment, characterized by modern apartment complexes and gated communities, requires services such as cleaning, security, landscaping, and waste management to enhance the living experience for residents.

Muscat is witnessing a trend towards the adoption of smart building technologies and advanced facility management solutions. The integration of IoT, AI, and data analytics in building management systems enhances energy efficiency, security, and maintenance processes. Smart buildings in Muscat leverage these technologies to optimize operations, reduce costs, and provide a superior experience for occupants. This technological shift is driving the demand for skilled facility management professionals capable of managing and utilizing these advanced systems.

The focus on sustainability and green building practices is gaining traction in Muscat's facility management market. Developers and property managers are increasingly adopting eco-friendly solutions to reduce the environmental impact of buildings. This includes the use of energy-efficient systems, water conservation measures, waste reduction strategies, and sustainable building materials. Green building certifications such as LEED (Leadership in Energy and Environmental Design) are becoming more common, reflecting the city's commitment to sustainable development.

Muscat's facility management market is a dynamic and evolving sector, driven by urbanization, economic diversification, and technological advancements. The city's focus on developing modern infrastructure and adopting sustainable practices positions it as a key player in Oman's facility management industry. As the demand for specialized facility management services continues to grow, Muscat will remain at the forefront of this market, contributing significantly to the overall development and modernization of Oman.

Recent Developments

In March 2024, Oman unveiled three projects totaling USD 40 million, along with eight investment opportunities valued at USD 49.35 million. Additionally, the country introduced 20 empowerment initiatives designed to stimulate growth and vitality in cultural and innovative industries, highlighted by projects such as the Film City project and Ebdaa Park.

In June 2024, Dar Global, a real estate developer announced the unveiling of Trump International Oman as part of its AIDA project. This new addition, valued at USD 500 million, marks the latest inclusion in Trump's global portfolio. Expected to open its doors in December 2028, Trump International Oman at AIDA will feature a luxurious 140-key 5-star hotel complex, offering a variety of accommodations such as hanging suites, furnished villas, and serviced apartments. The resort will also include an exquisite 18-hole championship golf course, an exclusive members-only club, and the Cliff Hanging Night Club.

Key Market Players

  • 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

By Service

By Type

By Application

By Industry

By Mode

By Region

  • Property
  • Cleaning
  • Security
  • Catering
  • Support
  • Others
  • Hard
  • Soft
  • Industrial
  • Commercial
  • Residential
  •  
  • Organized
  • Unorganized
  • Outsource
  • Insource
  • Muscat
  • Dhofar 
  • Al Wusta
  • A'Sharqiyah
  • A'Dhahirah
  • A'Dakhiliya
  • Rest of Oman

 

Report Scope:

In this report, the Oman Facility Management Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Oman Facility Management Market, By Service:

o   Property

o   Cleaning

o   Security

o   Catering

o   Support

o   Others       

  • Oman Facility Management Market, By Type:

o   Hard

o   Soft        

  • Oman Facility Management Market, By Application:

o   Industrial

o   Commercial

o   Residential          

  • Oman Facility Management Market, By Industry:

o   Organized

o   Unorganized    

  • Oman Facility Management Market, By Mode:

o   Outsource

o   Insource                  

  • Oman Facility Management Market, By Region:

o   Muscat

o   Dhofar 

o   Al Wusta

o   A'Sharqiyah

o   A'Dhahirah

o   A'Dakhiliya

o   Rest of Oman            

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Oman Facility Management Market.

Available Customizations:

Oman Facility Management Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Oman Facility Management Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

Table of content

1.         Service Overview

1.1.    Market Definition

1.2.    Scope of the Market

1.2.1.Markets Covered

1.2.2.Years Considered for Study

1.2.3.Key Market Segmentations

2.         Research Methodology

2.1.    Objective of the Study

2.2.    Baseline Methodology

2.3.    Formulation of the Scope

2.4.    Assumptions and Limitations

2.5.    Sources of Research

2.5.1.Secondary Research

2.5.2.Primary Research

2.6.    Approach for the Market Study

2.6.1.The Bottom-Up Approach

2.6.2.The Top-Down Approach

2.7.    Methodology Followed for Calculation of Market Size & Market Shares

2.8.    Forecasting Methodology

2.8.1.Data Triangulation & Validation

3.         Executive Summary

4.         Impact of COVID-19 on Oman Facility Management Market

5.         Voice of Customer

6.         Oman Facility Management Market Overview

7.         Oman Facility Management Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value

7.2.    Market Share & Forecast

7.2.1.By Service (Property, Cleaning, Security, Catering and Support)

7.2.2.By Type (Hard and Soft)

7.2.3.By Application (Industrial, Commercial and Residential)

7.2.4.By Industry (Organized and Unorganized

7.2.5.By Mode (Outsource and Insource)

7.2.6.By Region (Doha, Al Rayyan, Al Wakra, Umm Slal and Al Khor & Al Thakhira)

7.3.    By Company (2023)

7.4.     Market Map

8.         Oman Cleaning Services Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value

8.2.    Market Share & Forecast

8.2.1.By Type

8.2.2.By Application

8.2.3.By Industry

8.2.4.By Mode

8.2.5.        By Region

9.         Oman Property Services Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value

9.2.    Market Share & Forecast

9.2.1.By Type

9.2.2.By Application

9.2.3.By Industry

9.2.4.By Mode

9.2.5.        By Region

10.      Oman Catering Services Market Outlook

10.1. Market Size & Forecast

10.1.1.     By Value

10.2. Market Share & Forecast

10.2.1.     By Type

10.2.2.     By Application

10.2.3.     By Industry

10.2.4.     By Mode

10.2.5.     By Region

11.      Oman Support Services Market Outlook

11.1. Market Size & Forecast

11.1.1.     By Value

11.2. Market Share & Forecast

11.2.1.     By Type

11.2.2.     By Application

11.2.3.     By Industry

11.2.4.     By Mode

11.2.5.     By Region

12.      Oman Security Services Market Outlook

12.1. Market Size & Forecast

12.1.1.     By Value

12.2. Market Share & Forecast

12.2.1.     By Type

12.2.2.     By Application

12.2.3.     By Industry

12.2.4.     By Mode

12.2.5.     By Region

13.      Market Dynamics

13.1. Drivers

13.2. Challenges

14.      Market Trends and Developments

15.      Company Profiles

15.1.  QBG Facilities Management Group

15.1.1.     Business Overview

15.1.2.     Key Revenue and Financials  

15.1.3.     Recent Developments

15.1.4.     Key Personnel/Key Contact Person

15.1.5.     Key Product/Services Offered

15.2.  Oman International Group SAOC (OIG)

15.2.1.     Business Overview

15.2.2.     Key Revenue and Financials  

15.2.3.     Recent Developments

15.2.4.     Key Personnel/Key Contact Person

15.2.5.     Key Product/Services Offered

15.3.  Renaissance Services SAOG

15.3.1.     Business Overview

15.3.2.     Key Revenue and Financials  

15.3.3.     Recent Developments

15.3.4.     Key Personnel/Key Contact Person

15.3.5.     Key Product/Services Offered

15.4.  Daud Group of Companies

15.4.1.     Business Overview

15.4.2.     Key Revenue and Financials  

15.4.3.     Recent Developments

15.4.4.     Key Personnel/Key Contact Person

15.4.5.     Key Product/Services Offered

15.5.  Bahwan Engineering Group

15.5.1.     Business Overview

15.5.2.     Key Revenue and Financials  

15.5.3.     Recent Developments

15.5.4.     Key Personnel/Key Contact Person

15.5.5.     Key Product/Services Offered

15.6.  Al Nab’a Services LLC

15.6.1.     Business Overview

15.6.2.     Key Revenue and Financials  

15.6.3.     Recent Developments

15.6.4.     Key Personnel/Key Contact Person

15.6.5.     Key Product/Services Offered

15.7.  Genetco

15.7.1.     Business Overview

15.7.2.     Key Revenue and Financials  

15.7.3.     Recent Developments

15.7.4.     Key Personnel/Key Contact Person

15.7.5.     Key Product/Services Offered

15.8.  G4S Facility Services LLC

15.8.1.     Business Overview

15.8.2.     Key Revenue and Financials  

15.8.3.     Recent Developments

15.8.4.     Key Personnel/Key Contact Person

15.8.5.     Key Product/Services Offered

15.9.  Stalwart Facilities Management LLC

15.9.1.     Business Overview

15.9.2.     Key Revenue and Financials  

15.9.3.     Recent Developments

15.9.4.     Key Personnel/Key Contact Person

15.9.5.     Key Product/Services Offered

15.10.   United Facilities Management Services LLC

15.10.1.   Business Overview

15.10.2.   Key Revenue and Financials  

15.10.3.   Recent Developments

15.10.4.   Key Personnel/Key Contact Person

15.10.5.   Key Product/Services Offered

16.      Strategic Recommendations

17.      About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Oman Facility Management Market was USD 836.92 million in 2023.

The Commercial segment by application demonstrated significant dominance in 2023. The commercial segment is witnessing a trend towards the adoption of advanced technologies to enhance facility management. Smart building technologies, IoT, and AI are being integrated into commercial properties to optimize energy usage, improve security, and streamline maintenance processes. These technologies provide real-time data and analytics, enabling facility managers to make informed decisions and proactively address issues.

Muscat dominated the Oman Facility Management Market in 2023. Muscat, the capital city of Oman, is a central hub for the facility management market, driven by its rapid urbanization, economic diversification efforts, and infrastructural developments. The city's strategic importance as the economic, political, and cultural heart of Oman positions it at the forefront of the facility management industry.

Increasing Awareness and Adoption of Sustainability Practices are some of the major drivers for the Oman Facility Management Market.

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