Middle East Facility Management Market Segmented By Industry (Organized and Unorganized), By Service (Property, Cleaning, Security, Catering, Support, and Others), By Application (Residential, Commercial, Industrial, and Public Sector), By Type (Hard Service and Soft Service), By Country, Competition Forecast and Opportunities, 2017-2027
February 1, 2023
TechSci Research
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Middle East Facility Management Market Segmented By Industry (Organized and Unorganized), By Service (Property, Cleaning, Security, Catering, Support, and Others), By Application (Residential, Commercial, Industrial, and Public Sector), By Type (Hard Service and Soft Service), By Country, Competition Forecast and Opportunities, 2017-2027
Abstract Middle East Facility Management Market was valued at USD 64.27 billion in 2022 and is anticipated to project robust growth during the forecast period, registering a CAGR of 8.13% through 2027. A facility is any tangible asset used by an organization to support its activities, according to a common definition of the word. The term "facility management" refers to the upkeep of a company's physical assets, such as its buildings and machinery, through services such as cleaning, security, mechanical, electrical, and plumbing (MEP) maintenance, etc., which boosts the efficiency of the company's core operations. The International Facility Management Association (IFMA) describes facility management (FM) as a profession that integrates place, people, process, and technology to ensure that the built environment is functioning. In a nutshell, facility management is a discipline that supports a company's fundamental operations. Growing Middle Eastern Infrastructure Development The development of Qatar's infrastructure is a priority for the government, as it aids in the country's economic growth. In its budget for 2021, the Ministry of Municipality and Environment of Qatar allotted USD 7 billion for the continuation of key infrastructure projects, water and electricity networks, as well as the upkeep, development, and expansion of highways. In addition, the Qatari government intended to invest USD 58 billion in infrastructure projects by 2020. Additionally, Qatar's infrastructure growth is a result of industrialization. For instance, the Manateq Economic Zones Company declared in 2020 that it will invest USD 2.7 billion to build out the essential infrastructure for industrial zones. As a result, the Qatar Facility Management Market is expected to grow during the forecast period along with the increased investments in infrastructure development. Government Investments The construction industry in Qatar has experienced rapid expansion, demonstrating its willingness to become green and prioritize more environment-friendly building strategies. The nation's desire to protect the environment by lowering CO2 emissions and energy use is the driving force behind this choice. As a result, one of the key ideas outlined in Qatar's National Vision 2030 is sustainable development. As a result, the local regulatory authority, the Qatar Green Building Council (QGBC), has been aggressively encouraging sustainable methods. The governing body is promoting sustainability in the public and business sectors by putting on the Qatar Sustainability Week (QSW). The most thorough green building assessment system in the world is the Global Sustainability Assessment System (GSAS) system, which was created by Qatar. It was created following a thorough analysis of 40 green building codes that are available globally. The guidelines established a heavy emphasis on environmental stress reduction and sustainable development. As a result, growth for Qatar Facility Management Services is expected during the next few years. World Expo 2020 Dubai The six-month World Expo 2020 took place in Dubai from October 2021 to March 2022. This important event necessitated lodging from the hospitality industry, which increases the demand for facilities management services in hotels and bed & breakfasts. Additionally, by ensuring the safe and efficient operation of any physical asset, facilities management professionals play a crucial role in maintaining and expanding its value. Representatives from the diverse variety of people and professions that make up the FM sector were present at FM Expo. For instance, the UAE-based Farnek Services LLC had contracts for facilities management (FM) worth a total of USD 4.55 million with eight national pavilions, including Saudi Arabia and China. Farnek Services provides a variety of services, including facility integration, cleaning, pest control, and operational support. Integrated workplace management system usage is on the rise (IWMS) By managing the real estate portfolio, maximizing capital projects, enhancing facility use, and lowering energy and other operating expenses of facilities, the IWMS seeks to increase the operational, environmental, and financial performance of facilities. Further driving demand for IWMS in the UAE Facility Management Market are elements such as rising cloud computing usage and government mandates on technological developments. Market Segmentation The Middle East Facility Management Market is segmented based on industry, service, application, type, country, and company. Based on service, the market is further fragmented into property, cleaning, security, catering, support, and others. Based on application, the market is split into the residential, commercial, industrial, and public sectors. Based on type, the market is further segmented into hard service and soft service. The market analysis also studies the country's segmentation. Company Profiles Saudi EMCOR Company Ltd. (EFS Facility Management), Muheel Services for Maintenance & Operations LLC, Khidmah LLC, Enova Facilities Management Services LLC, Saudi Binladin Group Operation & Maintenance, Emrill Services LLC, Farnek Services LLC, Transguard Group LLC, Etisalat Facilities Management LLC, Imdaad LLC, Galfar Al Misnad, CBM Qatar LLC, Al Asmakh Facilities Management, G4S Qatar, Al Tamyoz Facility Management, Alghanim International, United Facilities Management, ONE Facilities Management Company, Al Mulla Group, and MRC Facility Management are among the major market players in the Middle East facility management Market.
Report Scope: In this report, Middle East Facility Management market has been segmented into the following categories, in addition to the industry trends which have also been detailed below: •Middle East Facility Management Market, By Service Type: oProperty oCleaning oSecurity oSupport oCatering oOthers •Middle East Facility Management Market, By Type: oSoft Services oHard Services •Middle East Facility Management Market, By Industry: oUnorganized oOrganized •Middle East Facility Management Market, By Application: oCommercial oResidential oPublic Sector o •Middle East Facility Management Market, By Region: oSaudi Arabia oUAE oQatar oKuwait oBahrain Competitive Landscape Company Profiles: Detailed analysis of the major companies present in Middle East Facility Management
Available Customizations: With the given market data, TechSci 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).
Content Table of Contents
1.Service Overview 2.Research Methodology 3.Executive Summary 4.Impact of COVID-19 on Middle East Facility Management Market 5.Voice of Customer 5.1.Key Factors for Selecting Service Provider 5.2.Key Satisfaction Level 5.3.Key Challenges faced 6. Middle East Facility Management Market Overview 6.1.Industry Structure & Stakeholders 6.1.1.Key Stakeholders 6.2.Porter’s Five Force Analysis 6.3.Outsourcing in Middle East Facility Management Market 6.3.1.Reasons Necessitating Outsourcing Facilities Management Services 6.3.2.Evolution of Outsourcing in Facility Management Market 6.4.Middle East Facility Management-Value Chain 6.5.Key Technologies Adopted in Middle East Facility Management Market 6.6.Key Pain Points in Middle East Facility Management Market 6.6.1.Key Pain Points for Customers 6.6.2.Key Pain Points for Facility Management Companies 7.Middle East Facility Management Market Outlook 7.1.Market Size & Forecast 7.1.1.By Value 7.2.Market Share & Forecast 7.2.1.By Industry (Organized and Unorganized) 7.2.2.By Service (Property, Cleaning, Security, Catering, Support and Others) 7.2.3.By Application (Residential, Commercial, Industrial, and Public Sector) 7.2.4.By Type (Hard Service and Soft Service) 7.2.5.By Country (Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Others) 7.3.Market Map 8.Saudi Arabia Facility Management Market Outlook 8.1.Market Size & Forecast 8.1.1.By Value 8.2.Market Share & Forecast 8.2.1.By Industry 8.2.2.By Service 8.2.3.By Application 8.2.4.By Type 8.2.5.By Region 8.3.Market Drivers & Challenges 8.4.Market Trends & Developments 8.5.Policy & Regulatory Landscape 8.6.Upcoming Mega Projects in Saudi Arabia 8.7.Company Profiles (Top 5) 8.7.1.Saudi EMCOR Company Ltd (EFS Facility Management) 8.7.2.Muheel Services for Maintenance & Operations LLC 8.7.3.Khidmah LLC 8.7.4.Enova Facilities Management Services LLC 8.7.5.Saudi Binladin Group Operation & Maintenance 9.UAE Facility Management Market Outlook 9.1.Market Size & Forecast 9.1.1.By Value 9.2.Market Share & Forecast 9.2.1.By Industry 9.2.2.By Service 9.2.3.By Application 9.2.4.By Type 9.2.5.By Region 9.3.Market Drivers & Challenges 9.4.Market Trends & Developments 9.5.Policy & Regulatory Landscape 9.6.Upcoming Mega Projects in Saudi Arabia 9.7.Company Profiles (Top 5) 9.7.1.Emrill Services LLC 9.7.2.Farnek Services LLC 9.7.3.Transguard Group LLC 9.7.4.Etisalat Facilities Management LLC 9.7.5.Imdaad LLC 10.Qatar Facility Management Market Outlook 10.1.Market Size & Forecast 10.1.1.By Value 10.2.Market Share & Forecast 10.2.1.By Industry 10.2.2.By Service 10.2.3.By Application 10.2.4.By Type 10.2.5.By Region 10.3.Market Drivers & Challenges 10.4.Market Trends & Developments 10.5.Policy & Regulatory Landscape 10.6.Upcoming Mega Projects in Saudi Arabia 10.7.Company Profiles (Top 5) 10.7.1.Galfar Al Misnad 10.7.2.CBM Qatar LLC 10.7.3.Al Asmakh Facilities Management 10.7.4.G4S Qatar 10.7.5.Al Tamyoz Facility Management 11.Kuwait Facility Management Market Outlook 11.1.Market Size & Forecast 11.1.1.By Value 11.2.Market Share & Forecast 11.2.1.By Industry 11.2.2.By Service 11.2.3.By Application 11.2.4.By Type 11.2.5.By Region 11.3.Market Drivers & Challenges 11.4.Market Trends & Developments 11.5.Policy & Regulatory Landscape 11.6.Upcoming Mega Projects in Saudi Arabia 11.7.Company Profiles (Top 5) 11.7.1.Alghanim International 11.7.2.United Facilities Management 11.7.3.ONE Facilities Management 11.7.4.Al Mulla Group 11.7.5.MRC Facility Management 12.Bahrain Facility Management Market Outlook 12.1.Market Size & Forecast 12.1.1.By Value 12.2.Market Share & Forecast 12.2.1.By Industry 12.2.2.By Service 12.2.3.By Application 12.2.4.By Type 12.2.5.By Region 12.3.Market Drivers & Challenges 12.4.Market Trends & Developments 12.5.Policy & Regulatory Landscape 12.6.Upcoming Mega Projects in Saudi Arabia 12.7.Company Profiles (Top 5) 12.7.1.Metropolitan Property & Facility Management 12.7.2.Gems Industrial Services W.L.L 12.7.3.IRIS Almoayyed Contracting Group 12.7.4.Elite Facility Management Company 13.Strategic Recommendations 14.About Us & Disclaimer
Middle East Facility Management Market was valued at USD 64.27 billion in 2022 and is anticipated to project robust growth during the forecast period, registering a CAGR of 8.13% through 2027. A facility is any tangible asset used by an organization to support its activities, according to a common definition of the word. The term "facility management" refers to the upkeep of a company's physical assets, such as its buildings and machinery, through services such as cleaning, security, mechanical, electrical, and plumbing (MEP) maintenance, etc., which boosts the efficiency of the company's core operations. The International Facility Management Association (IFMA) describes facility management (FM) as a profession that integrates place, people, process, and technology to ensure that the built environment is functioning. In a nutshell, facility management is a discipline that supports a company's fundamental operations. Growing Middle Eastern Infrastructure Development The development of Qatar's infrastructure is a priority for the government, as it aids in the country's economic growth. In its budget for 2021, the Ministry of Municipality and Environment of Qatar allotted USD 7 billion for the continuation of key infrastructure projects, water and electricity networks, as well as the upkeep, development, and expansion of highways. In addition, the Qatari government intended to invest USD 58 billion in infrastructure projects by 2020. Additionally, Qatar's infrastructure growth is a result of industrialization. For instance, the Manateq Economic Zones Company declared in 2020 that it will invest USD 2.7 billion to build out the essential infrastructure for industrial zones. As a result, the Qatar Facility Management Market is expected to grow during the forecast period along with the increased investments in infrastructure development. Government Investments The construction industry in Qatar has experienced rapid expansion, demonstrating its willingness to become green and prioritize more environment-friendly building strategies. The nation's desire to protect the environment by lowering CO2 emissions and energy use is the driving force behind this choice. As a result, one of the key ideas outlined in Qatar's National Vision 2030 is sustainable development. As a result, the local regulatory authority, the Qatar Green Building Council (QGBC), has been aggressively encouraging sustainable methods. The governing body is promoting sustainability in the public and business sectors by putting on the Qatar Sustainability Week (QSW). The most thorough green building assessment system in the world is the Global Sustainability Assessment System (GSAS) system, which was created by Qatar. It was created following a thorough analysis of 40 green building codes that are available globally. The guidelines established a heavy emphasis on environmental stress reduction and sustainable development. As a result, growth for Qatar Facility Management Services is expected during the next few years. World Expo 2020 Dubai The six-month World Expo 2020 took place in Dubai from October 2021 to March 2022. This important event necessitated lodging from the hospitality industry, which increases the demand for facilities management services in hotels and bed & breakfasts. Additionally, by ensuring the safe and efficient operation of any physical asset, facilities management professionals play a crucial role in maintaining and expanding its value. Representatives from the diverse variety of people and professions that make up the FM sector were present at FM Expo. For instance, the UAE-based Farnek Services LLC had contracts for facilities management (FM) worth a total of USD 4.55 million with eight national pavilions, including Saudi Arabia and China. Farnek Services provides a variety of services, including facility integration, cleaning, pest control, and operational support. Integrated workplace management system usage is on the rise (IWMS) By managing the real estate portfolio, maximizing capital projects, enhancing facility use, and lowering energy and other operating expenses of facilities, the IWMS seeks to increase the operational, environmental, and financial performance of facilities. Further driving demand for IWMS in the UAE Facility Management Market are elements such as rising cloud computing usage and government mandates on technological developments. Market Segmentation The Middle East Facility Management Market is segmented based on industry, service, application, type, country, and company. Based on service, the market is further fragmented into property, cleaning, security, catering, support, and others. Based on application, the market is split into the residential, commercial, industrial, and public sectors. Based on type, the market is further segmented into hard service and soft service. The market analysis also studies the country's segmentation. Company Profiles Saudi EMCOR Company Ltd. (EFS Facility Management), Muheel Services for Maintenance & Operations LLC, Khidmah LLC, Enova Facilities Management Services LLC, Saudi Binladin Group Operation & Maintenance, Emrill Services LLC, Farnek Services LLC, Transguard Group LLC, Etisalat Facilities Management LLC, Imdaad LLC, Galfar Al Misnad, CBM Qatar LLC, Al Asmakh Facilities Management, G4S Qatar, Al Tamyoz Facility Management, Alghanim International, United Facilities Management, ONE Facilities Management Company, Al Mulla Group, and MRC Facility Management are among the major market players in the Middle East facility management Market.
Report Scope: In this report, Middle East Facility Management market has been segmented into the following categories, in addition to the industry trends which have also been detailed below: •Middle East Facility Management Market, By Service Type: oProperty oCleaning oSecurity oSupport oCatering oOthers •Middle East Facility Management Market, By Type: oSoft Services oHard Services •Middle East Facility Management Market, By Industry: oUnorganized oOrganized •Middle East Facility Management Market, By Application: oCommercial oResidential oPublic Sector o •Middle East Facility Management Market, By Region: oSaudi Arabia oUAE oQatar oKuwait oBahrain Competitive Landscape Company Profiles: Detailed analysis of the major companies present in Middle East Facility Management
Available Customizations: With the given market data, TechSci 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).
Table of Contents
1.Service Overview 2.Research Methodology 3.Executive Summary 4.Impact of COVID-19 on Middle East Facility Management Market 5.Voice of Customer 5.1.Key Factors for Selecting Service Provider 5.2.Key Satisfaction Level 5.3.Key Challenges faced 6. Middle East Facility Management Market Overview 6.1.Industry Structure & Stakeholders 6.1.1.Key Stakeholders 6.2.Porter’s Five Force Analysis 6.3.Outsourcing in Middle East Facility Management Market 6.3.1.Reasons Necessitating Outsourcing Facilities Management Services 6.3.2.Evolution of Outsourcing in Facility Management Market 6.4.Middle East Facility Management-Value Chain 6.5.Key Technologies Adopted in Middle East Facility Management Market 6.6.Key Pain Points in Middle East Facility Management Market 6.6.1.Key Pain Points for Customers 6.6.2.Key Pain Points for Facility Management Companies 7.Middle East Facility Management Market Outlook 7.1.Market Size & Forecast 7.1.1.By Value 7.2.Market Share & Forecast 7.2.1.By Industry (Organized and Unorganized) 7.2.2.By Service (Property, Cleaning, Security, Catering, Support and Others) 7.2.3.By Application (Residential, Commercial, Industrial, and Public Sector) 7.2.4.By Type (Hard Service and Soft Service) 7.2.5.By Country (Saudi Arabia, UAE, Qatar, Kuwait, Bahrain and Others) 7.3.Market Map 8.Saudi Arabia Facility Management Market Outlook 8.1.Market Size & Forecast 8.1.1.By Value 8.2.Market Share & Forecast 8.2.1.By Industry 8.2.2.By Service 8.2.3.By Application 8.2.4.By Type 8.2.5.By Region 8.3.Market Drivers & Challenges 8.4.Market Trends & Developments 8.5.Policy & Regulatory Landscape 8.6.Upcoming Mega Projects in Saudi Arabia 8.7.Company Profiles (Top 5) 8.7.1.Saudi EMCOR Company Ltd (EFS Facility Management) 8.7.2.Muheel Services for Maintenance & Operations LLC 8.7.3.Khidmah LLC 8.7.4.Enova Facilities Management Services LLC 8.7.5.Saudi Binladin Group Operation & Maintenance 9.UAE Facility Management Market Outlook 9.1.Market Size & Forecast 9.1.1.By Value 9.2.Market Share & Forecast 9.2.1.By Industry 9.2.2.By Service 9.2.3.By Application 9.2.4.By Type 9.2.5.By Region 9.3.Market Drivers & Challenges 9.4.Market Trends & Developments 9.5.Policy & Regulatory Landscape 9.6.Upcoming Mega Projects in Saudi Arabia 9.7.Company Profiles (Top 5) 9.7.1.Emrill Services LLC 9.7.2.Farnek Services LLC 9.7.3.Transguard Group LLC 9.7.4.Etisalat Facilities Management LLC 9.7.5.Imdaad LLC 10.Qatar Facility Management Market Outlook 10.1.Market Size & Forecast 10.1.1.By Value 10.2.Market Share & Forecast 10.2.1.By Industry 10.2.2.By Service 10.2.3.By Application 10.2.4.By Type 10.2.5.By Region 10.3.Market Drivers & Challenges 10.4.Market Trends & Developments 10.5.Policy & Regulatory Landscape 10.6.Upcoming Mega Projects in Saudi Arabia 10.7.Company Profiles (Top 5) 10.7.1.Galfar Al Misnad 10.7.2.CBM Qatar LLC 10.7.3.Al Asmakh Facilities Management 10.7.4.G4S Qatar 10.7.5.Al Tamyoz Facility Management 11.Kuwait Facility Management Market Outlook 11.1.Market Size & Forecast 11.1.1.By Value 11.2.Market Share & Forecast 11.2.1.By Industry 11.2.2.By Service 11.2.3.By Application 11.2.4.By Type 11.2.5.By Region 11.3.Market Drivers & Challenges 11.4.Market Trends & Developments 11.5.Policy & Regulatory Landscape 11.6.Upcoming Mega Projects in Saudi Arabia 11.7.Company Profiles (Top 5) 11.7.1.Alghanim International 11.7.2.United Facilities Management 11.7.3.ONE Facilities Management 11.7.4.Al Mulla Group 11.7.5.MRC Facility Management 12.Bahrain Facility Management Market Outlook 12.1.Market Size & Forecast 12.1.1.By Value 12.2.Market Share & Forecast 12.2.1.By Industry 12.2.2.By Service 12.2.3.By Application 12.2.4.By Type 12.2.5.By Region 12.3.Market Drivers & Challenges 12.4.Market Trends & Developments 12.5.Policy & Regulatory Landscape 12.6.Upcoming Mega Projects in Saudi Arabia 12.7.Company Profiles (Top 5) 12.7.1.Metropolitan Property & Facility Management 12.7.2.Gems Industrial Services W.L.L 12.7.3.IRIS Almoayyed Contracting Group 12.7.4.Elite Facility Management Company 13.Strategic Recommendations 14.About Us & Disclaimer