“High
unemployment rate and increasing FDI and in the country has driven the growth
of facility management market in Egypt”.
Urbanization
has led to an Increase in the Demand for Facility Management Services: The urbanization strategy by the
Government of Egypt has led to the construction of several new cities in the
country. Increasing infrastructural development, including both residential and
commercial building, has triggered the demand for facility management services
in the country.
Lack of
awareness and unskilled manpower in Egypt: The labour intensive facility management
industry requires huge capital investment in training the unskilled labour
before assigning duties to them. Moreover, failure of the clients to recognize
the potential contribution of facility management services to increase business
profitability and productivity can hamper the growth of the Facility Management
industry in Egypt. These are some major challenges faced by facility management
service providers in Egypt.
Growing
Government Concern for Terrorism and Crime: Increasing crime in the country has forced
the government to adopt stringent policies. Government is appointing agencies
and security service providers to ensure law and order in the country. This in
turn has augmented the demand for facility management services in the country
leading to the growth of sector man guarding services in the country.
The report Titled “Egypt
Facility Management Market Outlook to 2023- By Soft Services (Housekeeping,
Security, Landscaping and Others); Hard Services (Electromechanical and
Operational Maintenance, Fire Safety and Security Systems and Civil
Maintenance) and By End User Sectors (Industrial, Commercial, Residential and
Others)Egypt Facility Management Market Outlook to 2023- By Soft Services and
Hard Services, By Type of Soft and Hard Services, By Integrated Facility
Services, Bundled Services and Single Services, By In-house Personnel and
Outsourced Personnel and By End User Sectors (Industrial, Commercial,
Residential and Others)” by Ken
Research suggested that the Facility Management market in Egypt is at its early
growth stage and has been growing from 2013 due to rising number of
Infrastructure Projects in the country. The market is forecasted to grow with a
positive CAGR of 9.6% in terms of revenue during the forecasted period
2018-2023E.
Key Segments Covered
By Type of Services
Soft
Service
Hard
Service
By Type of Soft Service
Housekeeping
(including cleaning)
Security
Landscaping
Others
By Type of Hard Service
Electromechanical
and Operational Maintenance (including HVAC)
Fire
Safety and Security Systems
Civil
Maintenance
By Integrated Facility Services,
Bundled Services and Single Services
Single
Service
Bundled
Service
Integrated
Facility Management
By Personnel Type
In-house
Personnel
Outsourced
Personnel
By End User
Industrial
Commercial
Residential
Others
Key Target Audience
Facility
Management Companies
Facility
Management Solution Providers
Consultancy
and Advisory Firms
Real
Estate Developers
Construction
Companies
Hospitals
and Schools
Time Period Captured in the Report:
Historical
Period: 2013-2018
Forecast
Period: 2019-2023E
Companies Covered:
Contrack
FM
Enova
EFS
Facilities Management
IFMC
- Apleona Group
Egypro-FME
CBRE
JLL
Qeema
FM
G4S
Savills
ProService
Encorp
Facility Management
Emdad
Facility Management
Egypt
Service
Key Topics Covered in the Report
Facility
Management Businesses Egypt
Facility
Management Services Cairo
Facility
Management Services in Cairo
Egypt
Infrastructural Projects
Egypt
Commercial Projects
Security
Services Egypt
Security
Services Cairo
Housekeeping
Services Egypt
Cleaning
Services Egypt
Cleaning
Services Cairo
JLL
FM Services
CBRE
FM Services
For more information, refer to below
link:
Related Reports
Contact Us:
Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249