Latest News- Facility Services Management Market in Middle East: Hard service is expected to lead the Service segment during 2025-2029

The Facility Services Management Market in Middle East is being driven by Rapid growth in commercial construction

The Facility Services Management Market in Middle East is expected to grow at a CAGR of 15.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 64.2 billion. In the Middle East's facility management services market, the integration of technology has significantly enhanced operational efficiency. Companies are increasingly embracing advanced solutions to optimize planning, maintenance, and overall effectiveness. Two key technological trends gaining traction are Artificial Intelligence (AI) and the Internet of Things (IoT). AI applications include project estimation and design analysis, customer service chatbots, and big data operations. Meanwhile, IoT technologies, such as sensors and actuators, are being adopted for waste management and energy efficiency initiatives. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Service
  • Hard service
  • Soft service
• Type
  • Outsourced
  • In-house
• Geography
  • Middle East

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rapid growth in commercial construction
• Shift from oil-dependent economy
• Growing emphasis on sustainability

However, the market also witnesses some limitations, which are as follows:

• Cost constraints in facility management services
• Rising inflation in GCC member countries
• Increasing labor shortage

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Market Scope in Facility Services Management Market in Middle East Research Report

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Research Analysis Overview

In the Middle East, the Facility Services Management Market is witnessing significant growth with the adoption of advanced technologies such as Computer-Aided Facility Management (CAFM), Building Management Systems (BMS), remote monitoring, mobile solutions, robotics, and AI. GCC building owners and in-house departments are investing in these technologies to enhance sustainability, longevity of assets, and reduce rental rates. Construction companies are integrating CAFM and BMS in new projects, while service providers offer mobile apps for remote monitoring and maintenance. Society's focus on lifestyle, health, safety, and environment drives the demand for qualitative maintenance. Freehold sectors and the middle-income group-housing sector are investing in quality assurance and control through training centers. Sinking funds are being utilized for the implementation of these technologies, ensuring the building fabric remains in optimal condition.

Market Research Overview

The Middle East Facility Services Management Market encompasses businesses offering environmental and facilities maintenance services, including waste management, building management systems, remote monitoring, mobile solutions, robotics, and AI. According to Technavio, market size is determined by the consolidated revenue of these companies. Key growth drivers include heightened sustainability and environmental consciousness, necessitating the adoption of advanced technologies such as computer-aided facility management, building management systems, remote monitoring, mobile solutions, robotics, and AI in the GCC region.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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