UAE Facility Management Market 2026: Expected Rapid Growth of Industry Size and Share

TechSci Research reports that the UAE Facility Management Market will likely achieve a value of USD 25.37 billion by 2026.
 
MANHATTAN, N.Y. - March 30, 2023 - PRLog -- The market is benefiting from sustainable smart city projects and the use of automation and data-driven technologies. The UAE is adopting smart city infrastructure to integrate sustainable technologies into the built environment, which is expected to aid market growth during the forecast period.

The UAE Facility Management Market is segmented based on organization type (organized vs. unorganized), outsourcing vs. in-house, service type (property, cleaning, security, catering, support, and others), application (industrial, commercial, and residential), and region. The property services segment holds the largest market share in terms of value, owing to growth in the country's industrial and commercial sectors. The real estate sector's expansion is expected to have a positive impact on the demand for property services in the forecast period.

The commercial segment is the largest contributing segment by application due to rising demand from hotels, retail outlets, malls, and office buildings in the country, particularly in Dubai, Abu Dhabi, and Sharjah. The COVID-19 pandemic has increased demand for facility management services due to people being more cautious about cleaning and sanitization in public areas.

In the UAE, most companies operating in the facility management market are seeking innovative solutions to streamline communication and manage manpower and day-to-day operations. Artificial intelligence, mobile internet, and the Internet of Things enable real-time data analysis of different hard and soft services, enabling companies to monitor and manage the workforce more efficiently in near-real time.

In 2020, the government implemented a lockdown to prevent the spread of COVID-19, which impacted the facility management services. The market suffered a decline of -5.89% in terms of value, according to TechSci Research's estimates. However, the market is currently recovering and is set to overcome the descent in 2021-2022, as organizations focus on cleaning and maintaining hygiene. Facility management service providers are offering end-to-end services to government and private sectors, allowing them to work more efficiently in key areas.

Emrill Services LLC, Imdaad LLC, Farnek Services LLC, EFS Facilities Services Group, Transguard Group LLC, Khidmah LLC, Etisalat Facilities Management LLC, Cofely Besix Facility Management LLC, Al Shirawi Facilities Management LLC, Khansaheb Facilities Management, Enova Facilities Management Services LLC, Eltizam Asset Management Groupetc. are among the leading players operating in UAE Facility Management Market. Companies operating in the market are using organic strategies such as service advancement through addition of new features, partnerships, mergers and collaborations to boost their share in UAE Facility Management Market.

Browse market data Figures and data tables "UAE Facility Management Market"- https://www.techsciresearch.com/report/uae-facility-management-market/3170.html

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