Status : Published | Published On : Dec, 2023 | Report Code : VREP3009 | Industry : Energy & Power | Available Format : | Page : 104 |
Industry Overview
The U.A.E Facility Management Market is predicted to grow at 9.8% CAGR during the forecast period with the market size reaching USD 27.4 billion by 2030. Different services such as property, cleaning, environmental management, security, support, catering, and others are majorly contributing to the facility management market size. The market has witnessed significant demand for property over the last few years due to its advantages such as minimal maintenance and repair price, reduced occupant turnover, support with taxes, rent collection, and small vacancy cycles.
Market Segmentation
Insight by Service
Based on the service, the U.A.E. facility management market is categorized into property, cleaning, environmental management, security, support, catering, and others of which property holds the largest share during the historic period in the facility management market due to its advantages such as minimal maintenance and repair price, reduced occupant turnover, support with taxes, rent collection, and small vacancy cycles.
Moreover, the catering segment is predicted to grow at the fastest growth during the forecast period owing to the mounting tourism and hospitality industry. The property segment is further subdivided into heating, ventilation, and air conditioning (HVAC) maintenance, mechanical and electrical maintenance, and others.
Insight by End User
Based on the end user, the U.A.E. facility management market is segmented into commercial, industrial, and residential. Of all, the commercial category is predicted to witness the highest CAGR of 10.2% during the forecast period and accounted for the largest share in the U.A.E. facility management market due to escalating alertness among end users for commercial building maintenance to minimize expenditure. Moreover, the benefits it offers to commercial users to sustain emphasis on their core capabilities to improve their attractiveness in the market and sustain their resources at a consistent time.
Insight by Mode
Based on mode, the U.A.E. facility management market is segmented into outsourced, and in-house. Of all, the in-house category accounted for the larger share of the market due to elevated acceptance rate, long-standing existence, and comparatively low price. The outsourced segment is further subdivided into integrated, single, and bundled.
Insight by Type
Based on the type, the U.A.E. facility management market is segmented into hard, soft, and others. Of all, the hard category accounted for the largest share in the facility management market due to the high cost.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2023 |
U.S.D. XX Billion |
Revenue Forecast in 2030 |
U.S.D. 27.4 Billion |
Growth Rate |
9.8% |
Segments Covered in the Report |
By Service, By End User, By Mode, By Type |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
Dubai, Abu Dhabi, Sharjah, Rest of U.A.E. |
Industry Dynamics
Industry Trends
The mounting emphasis on facility management services and changing the emphasis on integrated facility management services are the major trends in the U.A.E facility management market. The expanding property market and acceptance of more progressive technology are resulting in the augmented need for these services, and the speedy enlarging hospitality sector, and mounting mergers and acquisitions in the industry are consequential in the augmented need for these services. Moreover, the intensifying need for real estate has produced the need for additional construction projects in the country and is leading to an upsurge in the requirement for these services.
Growth Drivers
The mounting infrastructure-based development such as commercial buildings, infrastructure projects, residential construction projects, and industrial projects, growing commercial sector, relocation to support the development of major construction programs, escalating number of residential projects, and mounting development of cloud-based solutions in the country are the key factors leading to the growth in the U.A.E facility management market.
Some of the other key factors driving the growth of the industry are expanding disposable income, the mounting tourism industry, and rapid urbanization. Owing to the upcoming international mega-events in the country such as the Dubai Expo 2020 are creating immense demand for facility management services in the U.A.E. The upcoming events would result, in the need for hospitality services and infrastructure to provide accommodation resources for guests from various countries.
Challenges
Key factors hindering the growth of the U.A.E. facility management market are inflationary pressure on the facility management service industry and workforce management. In addition, several companies are refocusing on cost-cutting actions, which also pose further challenges in sustaining service quality ethics.
Competitive Insight
Deyaar is an UAE-based real estate development and services company. The company develops and sells residential and commercial properties.
Etisalat Facilities Management LLC is a leading UAE based facilities management provider, established over four decades ago as an in-house department providing Etisalat Telecommunication with core facilities and energy management services. The company offer single stream and later integrated facilities management services to the wider market in both the public and private sectors.
Market players in the facility management industry are investing capital to develop technologically advanced systems. Emrill Services LLC, Etisalat Facilities Management LLC, Deyaar Development PJSC, Imdaad LLC, Transguard Group LLC, Cofely Besix Facility Management, EFS Facilities Management Services, Enova Facility Management Services LLC, Reliance Facilities Management, Al Shirawi Facilities Management LLC, Farnek Services LLC, and Blue Diamond Facilities Management LLC are some of the key players offering solutions for the facility management in U.A.E.
Recent Developments by Key Players
Deyaar Facilities Management (a leading facility management (FM) solutions provider and subsidiary of Deyaar Development) has announced its rebranding as ‘Ontegra’ to embark on a progressive future towards integrated, technology-driven solutions in the FM industry. This strategic move shall enhance operational excellence and set higher standards through innovation and sustainability. In conjunction with its new brand identity, Ontegra will introduce new services, with stronger emphasis on utilising artificial intelligence to digitise the company’s service delivery
Tomra (orwegian recycling firm) and UAE-based facility management company Imdaad collaborated to install new sensor-based sorting technology at a material recovery facility (MRF) in the UAE. This facility is claimed to be the country’s first automated MRF and shall use Tomra’s AUTOSORT sensor-based sorting technology, which recovers high-quality, high-purity value recyclates. The technology integrates advanced features and technologies into one machine and enables up to 320,000 scan points each second.
The U.A.E Facility Management Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Geographical Segmentation
Facility Management Market by City
Primary Research Interviews - Breakdown
U.A.E Facility Management Market