Middle East Facility Management Services Market to exhibit market growth at a CAGR of through 2023-2027
Rapid growth in commercial construction, a shift from an oil-dependent economy, and a growing emphasis on sustainability are transforming the Middle East Facility Management Services Market. The Market is forecasted to become a billion-dollar sector with a revenue growth of USD 34.05 Bn. It is estimated the market will witness growth at a CAGR of 10.85% between 2022 and 2027.
Middle East Facility Management Services Market Analysis at a Glance
Middle East Facility Management Services Market Segmentation
The Facility Management Services Market is segmented by service (hard service and soft service) and type (outsourced and in-house) in the Middle East.
When it comes to the rapidly growing segment, the growth of the hard service segment will be significant during the forecast period because of the large-scale construction projects planned in countries such as the UAE, Saudi Arabia, and Qatar that are expected to boost the demand for hard services
" Hard services consist of facility management service offerings that require technical expertise. "
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Core Companies of the Middle East Facility Management Services Market
Some of the core companies that are worth mentioning are Emrill Services LLC, Etisalat Facilities Management LLC, Farnek, G4S Ltd., Galfar Al Misnad, Gems Industrial Services W.L.L, Imdaad LLC, Khidmah Sole Proprietorship LLC, MRC, Muheel services for Maintenance and Operations LLC, ONE Facilities Management, Sbgom, etc that come with a wide variety of offerings.
Organizations like Transguard Group's primary offerings include cash, security, manpower, and integrated facility services, as well as business support and outsourcing services. It also offers facility management services that include specialized cleaning services to shopping malls, transportation networks, and theme parks. Our report includes qualitative and quantitative analyses of market leaders with a wider understanding of the business ecosystem.
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