Rising demand for construction of hotels, resorts, and shopping malls and growth in tourist activities among others are driving the demand for UAE facility management market through 2026.
According to TechSci Research report, “UAE Facility Management Market by Organized Vs Unorganized (Organized, Unorganized), By Outsource Vs Inhouse (Outsource, Inhouse), By Service (Property, Cleaning, Security, Catering, Support, Others), By Application (Commercial, Residential, Industrial), By Region, Competition Forecast & Opportunities, 2026”,UAE Facility Management Market is estimated to reach USD25.37 billion in terms of value by 2026. The facility management market in UAE is benefiting from sustainable smart city projects, along with the implementation of automation and enhanced data driven technologies. UAE is methodologically adopting smart city infrastructure with the aim of integrating latest and sustainable technologies in the built environment which in turn, is anticipated to aid the growth of UAE Facility Management Market during the forecast period.
Browse 46 market data Figures and 8 data tables spread through 124 Pages and an in-depth TOC on “UAE Facility Management Market”
UAE Facility Management Market is segmented based on organized vs unorganized, outsource vs inhouse, service, application, and region. Based on service, the market is segmented into property, cleaning, security, catering, support and others. Property segment held the largest market share in 2020 in terms of value owing to the growth in the country’s industrial and commercial sectors. Property services segment is increasing owing to easy credit conditions, increasing purchasing power parity and booming housing sector in the country. The growth of the real estate sector across the country is expected to have a positive impact on the demand for property services in the forecast period. Furthermore, favorable social factors such as income level, literacy rate, etc. are expected to benefit the property services market during the forecast period.
Based on application, the market is segmented into industrial, commercial and residential segments. Commercial segment is the largest contributing segment by application due to the rising demand from hotels, retail outlets, malls and office buildings in the country, particularly in Dubai, Abu Dhabi and Sharjah. Moreover, due to the COVID-19 pandemic, people are getting more cautious towards cleaning and sanitization in the public areas, which has also increased the demand for facility management services.
In UAE majority of companies that are operational in the facility management market are looking for innovative solutions such as streamlining communication to manage manpower and day-to-day operations. Artificial intelligence, mobile internet and Internet of things have enabled harnessing of real time data of different hard and soft services. Different companies adopting these techniques can monitor and manage the workforce in near-real time.
In the year 2020, to prevent the spread of COVID-19, the government implemented lockdown which impacted the facility management services. According to TechSci Research’s estimates, the market suffered a decline of -5.89% in terms of value. This decline left a remarkable depreciation in the market, but the market is currently reviving and is set to overcome the descent in 2021-2022, owing to the shift towards the focus of all the organizations towards cleaning and maintaining hygiene. Furthermore, the facility management service providers are offering end to end facility management services to government and private sectors which allows them to work more efficiently in the key areas.
Based on region, Dubai accounted for the largest share of 50.90% in UAE facility management market owing to increase in population in this emirate and growing investments in commercial and housing sector. Furthermore, Dubai is hosting one of the largest commercial events, the World Expo 2020 between October 2021 and March 2022. Millions of visitors are anticipated to visit the country for the event. Thus, the government of UAE is focusing on upgrading the country’s commercial and tourism sectors which will increase the demand for facility management.
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Emrill Services LLC, Imdaad LLC, Farnek Services LLC, EFS Facilities Services Group, Transguard Group LLC, Khidmah LLC, Etisalat Facilities Management LLC, Cofely Besix Facility Management LLC, Al Shirawi Facilities Management LLC, Khansaheb Facilities Management, Enova Facilities Management Services LLC, Eltizam Asset Management Groupetc. are among the leading players operating in UAE Facility Management Market. Companies operating in the market are using organic strategies such as service advancement through addition of new features, partnerships, mergers and collaborations to boost their share in UAE Facility Management Market.
“Integration of facility management in building design, growing usage of integrated workplace management system, increasing usage of CAFM (Computer-aided Facility Management) and BIM (Building Information Modelling) Software’s are driving the UAE Facility Management Market. Moreover, rising demand for sustainable and energy efficient green building solutions, shifting trend towards automated building management solutions, booming Internet of Things (IoT) market, surging demand for cyber and information security management have also been positively influencing the market. Continuance of such trends and increasing awareness about cleanliness, security and maintenance are expected to drive the UAE Facility Management Market in the coming years”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“UAE Facility Management Market by Organized Vs Unorganized (Organized, Unorganized), By Outsource Vs Inhouse (Outsource, Inhouse), By Service (Property, Cleaning, Security, Catering, Support, Others), By Application (Commercial, Residential, Industrial), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of UAE Facility Management Marketand provides statistics and 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 UAE Facility Management Market.
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