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Follow on Google News | Middle East Facility Management MarketThe Middle East facility management market is estimated to witness a strong growth rate of more than 15% during the forecast period.
By: RationalStat LLC Market Overview and Dynamics: The penetration of facility management to increase during the forecast period The Middle East facility management market is expected to witness a rapid growth that exceeds a CAGR of 15% over the forecast time. The increasing construction activity and the rising demand from the transportation sector to drive the demand for facilities management over the forecast period. The Middle East facility management market is predicted to see a substantial growth over the forthcoming years. This is mostly due to the rising construction activity across the Middle East region. In addition, there is a demand for facilities management by government departments as well as education departments. Foreign investment in the services sector, like travel, BFSI, and entertainment among other sectors is growing, contributing to the expansion in this Middle East facility management market. RationalStat has segmented the Middle East facility management market on the basis of service type, organization size, end user and country.
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