The advent of latest techniques in various sectors surged the demand for facilities services in the country, wherein market players earned significant revenues by catering to the needs of the population through their portfolio of hard services. Rising HVAC services in the indoor structures of the Emirates due to humid climate added to the overall revenues of the facilities management market during the review period. Facilities Management Industry UAE, UAE Facility Management Market, Facility Management Market Growth Emirates, Property Maintenance Services Market UAE,UAE facility management companies, UAE Facility Management Services Market, Facility Management Market Trends UAE, Facility Management Market Analysis & Forecasts UAE,G4S Facility Management Market Share UAE,EFS Competition in UAE, Facilities Management Market UAE, Future Facility Management UAE, Middle East Facility Management Market.
Continuous expansion in the hospitality industry of the UAE during 2011-2016 led to an increase in the growth of facilities management market overtime. Growing tourism sector in the country was catered by the soft services of facilities management market players, wherein personnel requirements of the hospitality sector including housekeeping and
Cleaning was met by the service providers, thus adding to the overall revenues of the market.
Facilities management market in the Emirates increased to USD ~ million in 2016 from USD ~ million in 2011, marking a robust CAGR of ~% during the same period.
UAE witnessed major infrastructural projects in the country which were the primary reasons behind the growth of the overall facilities management market between 2011 and 2016. Some of the major projects included Al Reyadah Carbon-Capture Project, Sheikh Rashid bin Saeed Crossing, Al Sufouh Tramway, Anantara Dubai The Palm Resort and Spa and Dubai smile.
Which Facilities Service Type Generated The Maximum Revenue For The Uae Facilities Management Market?
Hard services dominated the overall facilities management market in the UAE in terms of revenues, contributing ~% to the market in 2016. Higher cost incurred by various sectors for hiring technically trained staff added to the overall market revenues, thereby making this segment acquire the majority share of the pie. Moreover, the economical advancements in the Emirates demanded for more services related to technical maintenance including Smart security surveillance systems, intelligent energy-saving solutions and smart building management systems which acted as the major revenue generators for the overall facilities management market in the UAE.
Soft services which typically include cleaning, pest control, waste management, landscaping, security, reception services, concierge, valet services and archive management added ~% to the overall revenues generated by facilities management market in the UAE in 2016. Soft services are available at a lower price than hard services due to limited or no requirements for well trained technicians. This makes companies pay less to the facilities service providers; thereby limiting the revenues earned by the players in the facilities management market.
Which Among Integrated, Single And Bundled Services Has The Highest Revenue Share In The Overall Market?
Facilities management firms in the country often provide one stop solutions to their clients by providing all kinds of services under one contract. Integrated services which involve a combination of almost all types of facilities services constituted ~% in the overall market revenues in 2016 due to a large number of industries preferring one company to handle their entire facilities management business. The revenue of the FM player also increases due to the higher prices charges for rendering all the services to the customers.
Imparting single service at a limited cost restricts the earning capacity of the market player. Single services offered by facilities management companies contributed ~% to the overall revenues of the market in 2016.
A few facilities management firms in the country offer a combination of some hard and soft services, catering to the specified needs of the clients. Bundled services which involve a combination of both types of facilities services constituted ~% in the overall market revenues in 2016 due to limited players operating in this segment.
Which Among Outsourced And In-House Facilities Services Generated The Maximum Revenue In The Uae Facilities Management Market?
Most companies in the facilities management market of the UAE prefer opting for outsourcing services to a third party or to a collaborated company which have the required resources to cater to the demands of the clients. Market players generate significant revenues from outsourced services as they are able to offer almost all types of services; thus retaining their customers. This also reduces their own operational cost as services are provided by another company in the name of the contracted company. Outsourced services in the facilities management market generated a revenue share of ~% in 2016.
Providing in-house services to all clients proves to be a tedious task due to high cost of maintaining different resources. Therefore companies outsourced most of the services and the revenues earned by in-house services merely added ~% to the overall facilities management market revenues in 2016.
However, a higher profit margin is involved in providing in-house services as market players charge more for making the clients receive all facilities services from one company.
Topics Covered in the Report
https://www.kenresearch.com/manufacturing-and-construction/real-estate/uae-soft-hard-facility-management-market/126973-97.html
Related Reports:
Kuwait Facility Management Market Outlook to 2021 - Growing Retail Industry and Upcoming Infrastructure Projects to Drive Market Growth
India Facility Management Market Outlook To 2020 - Driven By Rapid Growth Of Commercial Spaces And Advent Of Smart Cities
Middle East Real Estate Market Outlook To 2019 - Demand For Destination Retail And Affordable Housing To Shape Future
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Continuous expansion in the hospitality industry of the UAE during 2011-2016 led to an increase in the growth of facilities management market overtime. Growing tourism sector in the country was catered by the soft services of facilities management market players, wherein personnel requirements of the hospitality sector including housekeeping and
Cleaning was met by the service providers, thus adding to the overall revenues of the market.
Facilities management market in the Emirates increased to USD ~ million in 2016 from USD ~ million in 2011, marking a robust CAGR of ~% during the same period.
UAE witnessed major infrastructural projects in the country which were the primary reasons behind the growth of the overall facilities management market between 2011 and 2016. Some of the major projects included Al Reyadah Carbon-Capture Project, Sheikh Rashid bin Saeed Crossing, Al Sufouh Tramway, Anantara Dubai The Palm Resort and Spa and Dubai smile.
Which Facilities Service Type Generated The Maximum Revenue For The Uae Facilities Management Market?
Hard services dominated the overall facilities management market in the UAE in terms of revenues, contributing ~% to the market in 2016. Higher cost incurred by various sectors for hiring technically trained staff added to the overall market revenues, thereby making this segment acquire the majority share of the pie. Moreover, the economical advancements in the Emirates demanded for more services related to technical maintenance including Smart security surveillance systems, intelligent energy-saving solutions and smart building management systems which acted as the major revenue generators for the overall facilities management market in the UAE.
Soft services which typically include cleaning, pest control, waste management, landscaping, security, reception services, concierge, valet services and archive management added ~% to the overall revenues generated by facilities management market in the UAE in 2016. Soft services are available at a lower price than hard services due to limited or no requirements for well trained technicians. This makes companies pay less to the facilities service providers; thereby limiting the revenues earned by the players in the facilities management market.
Which Among Integrated, Single And Bundled Services Has The Highest Revenue Share In The Overall Market?
Facilities management firms in the country often provide one stop solutions to their clients by providing all kinds of services under one contract. Integrated services which involve a combination of almost all types of facilities services constituted ~% in the overall market revenues in 2016 due to a large number of industries preferring one company to handle their entire facilities management business. The revenue of the FM player also increases due to the higher prices charges for rendering all the services to the customers.
Imparting single service at a limited cost restricts the earning capacity of the market player. Single services offered by facilities management companies contributed ~% to the overall revenues of the market in 2016.
A few facilities management firms in the country offer a combination of some hard and soft services, catering to the specified needs of the clients. Bundled services which involve a combination of both types of facilities services constituted ~% in the overall market revenues in 2016 due to limited players operating in this segment.
Which Among Outsourced And In-House Facilities Services Generated The Maximum Revenue In The Uae Facilities Management Market?
Most companies in the facilities management market of the UAE prefer opting for outsourcing services to a third party or to a collaborated company which have the required resources to cater to the demands of the clients. Market players generate significant revenues from outsourced services as they are able to offer almost all types of services; thus retaining their customers. This also reduces their own operational cost as services are provided by another company in the name of the contracted company. Outsourced services in the facilities management market generated a revenue share of ~% in 2016.
Providing in-house services to all clients proves to be a tedious task due to high cost of maintaining different resources. Therefore companies outsourced most of the services and the revenues earned by in-house services merely added ~% to the overall facilities management market revenues in 2016.
However, a higher profit margin is involved in providing in-house services as market players charge more for making the clients receive all facilities services from one company.
Topics Covered in the Report
- Facilities Management Industry UAE,
- UAE Facility Management Market,
- Facility Management Market Growth Emirates,
- Property Maintenance Services Market UAE,
- UAE facility management companies
- UAE Facility Management Services Market
- Facility Management Market Trends UAE
- Facility Management Market Analysis & Forecasts UAE
- G4S Facility Management Market Share UAE,
- EFS Competition in UAE,
- Facilities Management Market UAE,
- Future Facility Management UAE,
- Middle East Facility Management Market,
- Market Size FM Market UAE,
- Manned Security Services Dubai Market,
- Building Management Services UAE,
- Facilities Management in the GCC UAE,
- Property Management Market UAE
https://www.kenresearch.com/manufacturing-and-construction/real-estate/uae-soft-hard-facility-management-market/126973-97.html
Related Reports:
Kuwait Facility Management Market Outlook to 2021 - Growing Retail Industry and Upcoming Infrastructure Projects to Drive Market Growth
India Facility Management Market Outlook To 2020 - Driven By Rapid Growth Of Commercial Spaces And Advent Of Smart Cities
Middle East Real Estate Market Outlook To 2019 - Demand For Destination Retail And Affordable Housing To Shape Future
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
I found this blog after a long time which is really helpful to let understand different approaches. I am going to adopt these new point to my career and thankful for this help
ReplyDeletehttps://indusdesignworks.com/structural-engineering.php
Freelance structural engineering job