Growing Hospitality Market and Adoption of Technologically Advanced Solutions are Acting as Major Drivers for the UAE Facilities Management Market: Ken Research

·         Facilities management market in the UAE is expected to gain high revenue in the future due to the developments in hospitality market.

·         Rising demand for hard services due to the adoption of technologically advanced solutions is expected to assist market in growing its revenue

·         Increasing alliances among players and outsourcing of specialized services were the major factors leading to the growth of the facilities management market in the Emirates between 2011 and 2016.

The facilities management market of the UAE is also projected to grow due to the number of infrastructure projects in pipeline. The major projects which are expected to complete during the review period include Museum of the Future in Dubai, Akoya by Damac , Bluewaters Island and Abu Dhabi Mid Field Airport Terminal. UAE facility management companies, Middle East Facility Management, Soft Facility Management UAE, Hard Facility Management UAE, Market Size FM Market, New Developments Facility Management UAE, Building Management Services UAE, Facilities Management in the GCC, Property Management Market UAE,UAE United Facilities Management Company Upcoming and planned developments in the country are further anticipated to fuel the growth of revenues of facilities services providers which offer adequate resources to meet the demands of all sectors across the UAE.

The facilities management market of the country is expected to be dominated by hard services owing to the increased demand for companies offering technical services by expert personnel across various industries. The hot and humid climatic condition of the UAE is expected to drive the demand for HVAC services. Growing number of shopping malls and increasing modern retail by way of internet services is expected to raise the demand for expert personnel provided by facilities management players; thereby making retail and commercial sector contribute significant share to the market revenues in 2021.

Companies operating in the facilities management market of the country are focusing on the adoption of latest techniques that have been successful in shaping the market. The growing demand for smart solutions and more effective services by other industries have led to the expansion of advanced facilities services overtime. Smart security surveillance systems, intelligent energy-saving solutions, smart building management systems and advanced robotics are some examples of modern technology that are boosting the new level of services. Such advancements in the facilities management market have improved the level of operations for the overall industry, thus providing the required services to end users as per the ongoing demand.

Ken Research in its latest study, UAE Facilities Management Market Outlook to 2021 suggested Enova, Emrill, G4S and EFS facility services group will continue their dominance but have to face fierce competition from the counterparts. The companies in the industry have plans to develop innovative services and acquire small players.

UAE facilities management market is estimated to register a positive CAGR during 2016-2021. Growing construction industry, upcoming real estate and hotel projects, growing awareness about facilities management services will be the key drivers for the growth of the facilities management industry in the country.

Topics Covered In The Report

·         UAE facility management companies,

·         Middle East Facility Management,

·         Soft Facility Management UAE,

·         Hard Facility Management UAE,

·         Market Size FM Market,

·         New Developments Facility Management UAE

·         Building Management Services UAE,

·         Facilities Management in the GCC,

·         Property Management Market UAE,

·         UAE United Facilities Management Company,

·         UAE Real Estate Development Facility Management,

For More Details Click On below link :

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

Facilities Management Market Outlook to 2021- Ken Research

Ken Research latest Report   on “UAE Facilities Management Market Outlook to 2021 - Growing Construction Industry and Increasing Mergers and Acquisitions to Foster Future Growth” provides a comprehensive analysis on the soft and hard facilities management market in UAE. The report covers various aspects including market overview, recent contracts in UAE facilities management market, value chain analysis, market Size, market Segmentation by Integrated Facilities Services, Bundled Services and Single Services, by in-house and outsourcing, Trends and Developments, SWOT Analysis, Vendor Selection Process, Competitive Landscape, Company Profiles of Major Players and Future Analysis along with list of major projects in pipeline.

Market Potential

The UAE facilities management market has surged from USD ~ million during 2011 to USD ~ million during 2016. Completion of major infrastructural projects including Al Reyadah Carbon-Capture Project by Abu Dhabi National Oil Company (Adnoc) and Masdar in 2016, Sheikh Rashid bin Saeed Crossing by Dubai Roads and Transport Authority (RTA) in 2015, Al Sufouh Tramway by Dubai Roads and Transport Authority (RTA) in 2014, Anantara Dubai The Palm Resort and Spa in 2013 and Dubai smile by Dubai Roads and Transport Authority (RTA) in 2012 fuelled the revenues of facilities management market between 2011 and 2016 at a robust CAGR of ~% during the same period. Growing tourism sector and the advent of latest techniques in various sectors further surged the demand for facilities services in the country, wherein market players earned significant revenues by catering to the needs of the population.

Market Segmentation

By Hard and Soft Services
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. Conversely, soft services which typically include cleaning, pest control, waste management, landscaping, security, reception services, concierge, valet services and archive management added ~% to the overall revenue generated by facilities management market in the UAE in 2016.
By Integrated Facilities Services, Single Services and Bundled Services
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. 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. Bundled facilities services constituted the minimum share of ~% in the overall market revenues in 2016.
By Sectors
Retail & Commercial sector dominated the market share with ~% share in the overall revenues of the market in the Emirates in 2016. Integrated facilities solutions were the most demanded services by this segment during the same year. Market players generated significant revenues through both hard and soft services in the residential sector, thus contributing ~% to the overall pie of the market in 2016. Other sectors which include hospitality sector, public Infrastructure such as Airport, labor camps, oil & gas plants, energy plants, industrial plants and education institutes, schools, universities collectively contributed ~% to the overall facilities management market revenues in the UAE in 2016.

Competitive Landscape

The UAE facilities management market was dominated by Enova, which contributed ~% to the overall market revenues in 2016. By providing its services across all sectors including residential communities, industrial and commercial offices in the UAE, Emrill acquired a share ~% in the overall revenues generated by facilities management market in the country in 2016. G4S, EFS Facilities Services and OCS contributed ~%, ~% and ~% to the overall revenues of the facilities management services market in the UAE in 2016. Deyaar contributed ~ million revenues in 2016. Farnek contributed USD ~ million to the market revenues in the UAE in 2016.

Future Analysis and Projections

The revenues generated by facilities management market players in the UAE is projected to augment to USD ~ million by 2021, registering a CAGR of ~% during the period 2016-2021. Upcoming and planned developments in the country are further anticipated to fuel the growth of revenues of facilities services providers which offer adequate resources to meet the demands of all sectors across the UAE. Growing internet retailing in the country is further expected to increase the revenues earned by FM companies from hard services, thereby impacting the overall market in a positive manner.
The hot and humid climatic conditions of the UAE is expected to drive the demand for HVAC services, making hard services increase their revenue to USD ~ million by 2021 from USD ~ million during 2016. Conversely, soft services are expected to generate USD ~ million revenues by 2021.
Integrated services are anticipated to dominate the market with a revenue share of ~% during 2021. The revenue from single services is projected to rise to USD 859.0 million during 2021 from USD ~ million during 2016 at a CAGR of ~% during the outlook period. Conversely, the least share in the pie of the market revenues of 2021 is expected to be contributed by bundled services due to absence of players in this service category.
Rising demand for real estate services in the Emirates is expected to make this segment lead the market during the outlook period, contributing ~% to the overall facilities management market revenues in 2021. Retail and commercial sector contributed USD ~ million to the market revenues in 2021. Conversely, government sector is projected to contribute the least share of ~% to the overall market revenues by 2021.
Key Topics Covered in the Report:

• UAE Facilities Management Market Size By Revenue
• Recent Project Launches which have Driven the Market
• Market Segmentation - By Hard and Soft Services; By Integrated Facilities Services, Single Services and Bundled Services; By Outsourced Services and In-house Services; and By Sectors (Real Estate, Retail & Commercial, Government and Others)
• Regulatory Landscape for the UAE Facilities Management Market
• SWOT Analysis for the UAE Facilities Management Market
• Trends and Developments in the UAE Facilities Management Market
• Market Share of Facilities Management Market Players
• Company Profiles of Major Facilities Management Market Players
• Future Outlook for the UAE Facilities Management Market
• Analyst Recommendation
• Macro-Economic Factors Impacting the UAE Facilities Management Market

For More Details Click On below link :
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