Growing Construction Industry and Increasing Mergers & Acquisitions to Boost the UAE Facility Management Market: Ken Research

Increasing number of real estate developments, expanding hospitality market 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 the UAE Facilities Management Market in future

The rising demand for real estate in the Emirates has led to the expansion of construction industry in the country, which has significantly impacted the facilities management market in a positive manner. The overall growth in the construction industry in the country over the recent past has changed the shape of facilities management market in the UAE as the technologically improving economy has a higher demand for hard services which are mostly offered to the market players through a third party alliance. UAE facility management companies, Building Management Services UAE, UAE United Facilities Management Company. The major construction projects which augmented the growth of the overall facilities management market between 2011 and 2016 include Al Reyadah Carbon-Capture Project, Sheikh Rashid bin Saeed Crossing and Anantara Dubai The Palm Resort and Spa.
Additionally, growing mergers and acquisitions added to the overall revenues of the facilities management market during the same period. Market players are either tying up with other entities that can offer them the ancillary services required by the clients or are acquiring other players so as to expand their service portfolio. For instance, the market leader Enova is a result of a strategic joint venture between Majid Al Futtaim Ventures and Veolia. Al Futtaim group operates its entire portfolio of facilities management services through Enova in the UAE. A similar case was witnessed in 2016 wherein EFS Facilities Services acquired SecurePlus, which is a UAE-based security services provider. This helped EFS in expanding its existing customer base by catering to the clients of SecurePlus with its integrated facilities management services.
Ken Research announced its latest publication on “UAE Facilities Management Market Outlook to 2021 – Growing Construction Industry and Increasing Mergers and Acquisitions in the Market to Foster Future Growth” suggested a rapid growth in the UAE Facilities Management, market majorly driven by expanding real estate and construction industry in the country. UAE facility management companies, Building Management Services UAE, UAE United Facilities Management Company, Technological advancements and the growth of both online and offline retail is attracting large number of companies to opt for facilities services in the UAE.
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
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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

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