Middle East Facility Management Industry Analysis by Major Players

AIRMONT, N.Y. - Dec. 27, 2024 - PRLog -- One of the renowned consulting, data analytics, and market research firms, Markntel Advisors published an analytical report titled, the Middle East Facility Management Industry. The report consists of several factors that influence the growth of the Middle East Facility Management industry. Additionally, the report demonstrates the operation of the players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the progress of the Middle East Facility Management industry. One of the leading market players Emrill Service a leading FM management company based in the UAE, recently introduced its latest application to streamline its cleaning services with utmost efficiency to serve the renowned sectors. Additionally, Imaad LLC joined hands with the Dubai Culture & Arts Authority by signing a one-year bond to provide FM services. Earlier, the organization was leveraged by the Dubai Culture & Arts Authority in the expansion of its service operation in the UAE.

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The report comprises, "Middle East Facility Management Market Research Report: By Type of Services, By Operating Model, By Service Delivery, By Enterprise Size, By End Users and Others Forecast (2025-30)". According to the report, the Middle East Facility Management Market size was valued at USD 52.5 billion in 2022 & is estimated to grow at a CAGR of around 5.8% during the forecast period, i.e., 2025-30. The predicted growth is driven by the growing prevalence of sustainability concerns, rising construction projects in the region, expanding demands raised by the government, education, transportation & logistics sectors, etc.

Key Takeaways

• Study Period: The FM market report historical data – 2020-23, Base year –2024, and Forecast Period- 2025-30.
• Market Growth: Middle East Facility Management is expected to grow at a CAGR of 5.8% during the forecast period 2025-30.
• Growth Driver: The Middle East Facility Management market is expected to expand with the rising sustainable buildings in well-developed nations
• By End Users: Commercial sector led the market segment, owing to the transcending construction projects coupled with the massive emergence of hotels & more.

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Frequently Asked Questions (FAQs)-

• What are the industry's overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
• What are the trends influencing the current scenario of the market?
• How has the industry been evolving in terms of geography & Middle East Facility Management adoption?
• Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?