Global Market Research Reports : Ken Research: Qatar Facility Management Market

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Wednesday, October 12, 2022

Qatar Facility Management Market Outlook to 2026F: Ken Research

Qatar Facility Management Market is currently at the growth stage owing to growing trend amongst clients opting for integrated facility management and single services, heavy investment in new technologies: Ken Research

Adoption of Integrated Financial Management: Growth in construction activities, banking, IT and telecommunication sectors have increased the demand for Integrated Financial Management services as more companies have begun outsourcing their non-core activities. Increasing number of multinational companies have begun outsourcing contracts for integrated facilities management.

Qatar Facility Management Market

Development of Smart Cities: Initiatives taken by the government of Qatar to develop smart cities has increased the demand for smart solution providers in transport, urban management, and security & solutions such as intelligent transport systems, flood monitoring systems and e-government services for citizens. This has further led to the increase in the demand of facility management services in the country.

Technology Advancements: Technological advancements that have impacted the industry are as follows-

BIM technology enables organizations to visualize specific components of a space, including structural elements.
Machine learning enables building systems to automatically collect and analyze data in order to predict outcomes.
Smart Building Technology is used to automatically controls a facility’s operations, including heating, air conditioning, lighting and security

Harnessing Potential of Industrial Parks: The country has been working to develop the investment attraction and export-oriented growth. The building of new industrial parks and increasing investments in old ones as a tool to foster industrial upgrading, boost local development, decrease informality, increase employment, and stimulate trade.

Market Challenges: Lack of awareness amongst end users, Labour issues, return of migrants to home countries during COVID-19, are major challenges for Qatar Facility Management Market. The market is highly fragmented with many players operating in the country at the similar levels of revenues and margins.Lower capital investments and outsourcing services to third parties increase the presence of more players in this space.

Analysts at Ken Research in their latest publication “Qatar Facility Management Market Outlook to 2026F– Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure” by Ken Research observed that Facility Management Market Outlook in Qatar is a growing market owing to increasing trend towards adopting sustainable practices. The rising Facility Management consciousness among the population and business owners, along with increasing infrastructural growth and technology, expansion of their operation, implementation of favourable government rules & regulations is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 10.7% CAGR during 2021-2026F owing to increasing infrastructural growth and technology adoption.

Key Segments Covered

Qatar Facility Management:

By Types of Services:
Hard Services
Soft services

By Hard Services:
Electromechanical Services (including HVAC)
Operations and Maintenance Services
Fire Safety and Security Systems

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By Soft Services:
Housekeeping (including Cleaning)
Security
Landscaping
Others

By Integrated Facility Services, Bundled Services and Single Services:
Bundled services
Single services
Integrated facility management (IFM)

By End User Sectors:
Commercial (Includes Offices, retail, infrastructural)
Industrial
Residential

By Personnel:
In-House Personnel
Outsourced Personnel

Key Target Audience

Real Estate Companies

Hospitality Sector

Individual Facility Users

Business Owners

Government

Facility Management Associations

Time Period Captured in the Report:

Historical Year: 2016-2021
Base Year: 2021
Forecast Period: 2022– 2026F

Companies Covered:

Emco Qatar
Facilities Management & Maintenance Company, L.L.C.
Mosanada Facilities Management Services
ENGIE Cofely Mannai
Al Asmakh Facilities Management

Key Topics Covered in the Report

Qatar Real Estate Market Overview, 2021
Qatar Facility Management Market Ecosystem
Business Cycle and Genesis of Qatar Facility Management Market
Value Chain of Qatar Facility Management Market
Business Acquisition Process in Qatar Facility Management Market
Market Sizing Analysis of Qatar Facility Management Market, 2016-2021
Key Market Segmentations, 2021 (By Types of Services, By Single, Bundle and Integrated Services 2026F, By Types of Soft Services, By Types of Hard Services, By End-Users Sector and By Personnel Type Services)
SWOT Analysis of Qatar Facility Management Market
Key Growth Drivers in Facility Management Market in Qatar
Trends and Developments in Qatar Facility Management Market
Major Challenges Faced by the Qatar Facility Management Market
Qatar Facility Management Market Major Technological Trends, 2021
Competition Scenario in Qatar Facility Management Market
Cross Comparison of Major Players in Qatar Facility Management Market
Future Outlook of Qatar Facility Management Market, 2021-2026F
Future Outlook of Market Segmentations, 2026F (By Types of Services, By Single, Bundle and Integrated Services 2026F, By Types of Soft Services, By Types of Hard Services, By End-Users Sector and By Personnel Type Services)
Analyst Recommendations

For more information on the research report, refer to below link:

Qatar Facility Management Market Outlook to 2026F- Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure

Vietnam Facility Management Market Outlook to 2023 - By Single, Bundled and Integrated Services; By Soft Services (Housekeeping, Security, Landscaping and Others) and Hard Services (Electromechanical Services, Operations and Maintenance Services, Fire Safety and Security Systems), By End User Sectors (Commercial, Industrial, Hospitality, Residential, Infrastructure and Others)

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)

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Ankur Gupta, Head Marketing & Communications

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Friday, July 28, 2017

Qatar Facilities Management Market Size on the Basis of Revenues in USD Million and Growth Rate in % 2011-2016- Ken Research

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. Facility Management Opportunities Qatar, Facility Management Services in Qatar ,Completion of major infrastructural projects including the construction of Doha Central Grand Park in 2011, Museum of Islamic Art Park in 2012 and expansion of The Pearl led to the growth of the facilities management market between 2011 and 2013 as such projects required both hard and soft services for development purposes.
Facilities Management market in Qatar increased to USD ~ million in 2013 from USD ~ million in 2011 at a CAGR of ~% during the same period.
Rising share of hard services in the revenues of the overall market, typically due to the increasing demand for HVAC services has been
the major driving factor which has augmented the growth of facilities services in Qatar during 2011-2016.

Facilities management market in the Qatar increased to USD ~ million in 2016 from USD ~ million in 2011, marking a robust CAGR of ~% during the same period. Establishment of The Sheraton Park, Sidra Medical Research Centre and Western Green Spine in Doha between 2014 and 2016 raised the demand for facilities services providers in the country, which offered manpower and other technical resources to the developers. The growing GDP of Qatar made the country to be positioned among the top ten fastest growing economies of the world in 2016. This invited international players to invest in various sectors of the nation, thereby leading to the growth of the overall facilities management market during the same period.
Which Facilities Service Type Generated The Maximum Revenue For Qatar Facilities Management Market?
Hard services require technical assistance and expert knowledge of the service providers. Basic services provided under this segment include fire safety and security systems required by all sectors in Qatar, technical operations and maintenance, electromechanical services and Heating, Ventilation and Air Conditioning (HVAC) services. Since customers have to incur heavy expenditure for undertaking hard services, this segment dominated the market with ~% revenues of facilities management services in 2016.
Soft services which typically include cleaning, pest control, waste management, landscape access, archive management and other housekeeping services, collectively contributed ~% to the overall market revenues through soft services in the country. Soft services are available at a lower price than hard services due to limited or no requirements for well trained technicians, thus limiting the revenues earned by the players in the facilities management market. Major players affecting the overall market revenues by offering soft services in Qatar are G4S and SNC-Lavalin ProFac Gulf Management LLC.
Which Among Integrated, Single And Bundled Services Has The Highest Revenue Share In The Overall Market?
Most revenues in the facilities management market were generated through the integrated services wherein market players offered almost all types of facilities services to the clients. Since prices of collective services are higher than individual or a combination of few services, this segment dominated the overall market with a share of ~% in the revenues in 2016.
Imparting a bundle of either hard services or soft services to the clients helped the facilities management company in serving the customers with the most appropriate services, thus retaining them to opt other services in the future. This segment added a share of ~% to the overall revenues of facilities management market in 2016.
Offering single facilities service to the customers restricted the revenue of the players typically operating under this segment, thus making single services acquire the least market share of ~% in the overall revenues in 2016. However, customers preferred single services from the market players which have an expertise in providing a particular service, thereby adding to the revenues of the market during the same period.
Topics Covered in The report

Facility Management Opportunities Qatar,
Qatar Facility Management Market,
Qatar Facilities Management Industry,
Market Size Facility Management Qatar,
Market Growth Facilities Management Middle East,
Qatar Facilities Management Market,
Industry Segment Soft Services Qatar,
Hard Facility Management Market Qatar,
Competition in Facilities Management Qatar,
Trends in Facilities Management in Qatar,
Government Role FM Market Qatar,
Airport FM Services Management Qatar,
Role of FM Services Qatar,
Facility Management Services in Qatar,

For further reading click on the link below:
https://www.kenresearch.com/manufacturing-and-construction/real-estate/qatar-facility-management-market/127108-97.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
UAE Facilities Management Market Outlook to 2021 - Growing Construction Industry and Increasing Mergers and Acquisitions to Foster Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Monday, July 24, 2017

Expanding Construction Industry and Increasing Mergers and Acquisitions to Foster Future Growth in Qatar Facility Management Market: Ken Research

Increasing number of real estate developments in the private and public sector of the country, growing mergers and acquisition in the market and adoption of technologically advanced solutions are the major factors which are expected to fuel Qatar Facilities Management Market in future.

Facilities management market in Qatar has grown at a phenomenal pace over the years. The augmented demand for both hard and soft services by all sectors of the country has given a boost to the revenues of existing market players. Such an increased demand for facilities related services also allowed new entrants to the market which raised the competition among the service providers. Facility Management Services in Qatar, Facility Management Opportunities Qatar, Middle East Facilities Management Market. The overall facilities management market of Qatar was driven positively by the increasing number of infrastructural projects; wherein adequate resources were provided by the players to the contracting parties. Such infrastructural projects included the development of both public and private structures, thus expanding the customer base of the companies in the facilities management market of Qatar.
Growing construction industry in the country demanded for more manpower and other resources, for which facilities management companies were approached to provide the relevant services across all sectors. This has significantly impacted the market revenues in a positive manner. Tie-ups among various facilities management service providers over the years have boosted the market in a positive manner. Market players tied up with specialized service providers to expand their portfolio of FM services in the country.
Ken Research announced its latest publication on “Qatar Facilities Management Market Outlook to 2021 - Increasing Infrastructural Developments and Outsourcing of Hard Services to Foster Future Growth” suggested a rapid growth in Qatar Facilities Management, market majorly driven by expanding real estate and construction industry in the country. Technological advancements and the growth of retail sector are attracting large number of companies to opt for facilities services in Qatar.
Topics Covered in The Report

Qatar Facility Management Market,
Qatar Facilities Management Industry,
Market Size Facility Management Qatar,
Market Growth Facilities Management Middle East,
Qatar Facilities Management Market,
Industry Segment Soft Services Qatar,
Hard Facility Management Market Qatar,
Competition in Facilities Management Qatar,
Trends in Facilities Management in Qatar,
Growth Drivers Facility Management Qatar,
Facility Management Services Market in Qatar,
Challenges in FM Market Qatar,
Middle East Facilities Management Market
Facility Management Opportunities Qatar,
Role of FM Services Qatar,
Facility Management Services in Qatar,