Press Release

UAE Facility Management Market to Cross $19 Billion By 2022

Growing number of construction projects and upcoming megaevents to fuel growth in UAE facility management market during the forecast period

According to TechSci Research report UAE Facility Management Market By Service, By Application, Competition Forecast & Opportunities, 2012 – 2022, the market for facility management in the UAE is anticipated to cross $19 billion by 2022, on account of growing focus towards green buildings, upcoming megaevents such as World Expo 2020, rapid infrastructure developments, etc. Rising development of malls, hotels and other commercial buildings is boosting demand for facility management services in the country during the forecast period.

Browse 10 market data Tables and 41 Figures spread through 136 Pages and an in-depth TOC on "UAE Facility Management Market"

Number of buildings which are being supervised by the Dubai Municipality has increased from 120,000 buildings in 2016 to 125,000 in 2017. Further, more than 26,500 buildings, which include multi-storeyed buildings, general buildings, private villas, investment villas, etc., are under construction in the region. Major property facility management services such as HVAC maintenance, landscaping, MEP, building maintenance, etc., find application in buildings. Facility management service providers are increasingly signing contracts with companies. Such contracts are anticipated to boost demand for facility management services in the country and this is projected to grow further in the coming years.

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“UAE facility management market is on the rise due to growing building construction activities in the country. Upcoming megaevents such as World Expo 2020 is projected to induce around 2.5 million jobs and increase commercial developments in the country during the forecast period. UAE plans become one of the most attractive commercial and tourist hubs in the world. Consequently, Government of UAE has undertaken several construction and infrastructural projects, which require facility management services. Facility management market in the country is anticipated to directly benefit from such developments and thereby increase demand for security, catering and support services in the region.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

UAE Facility Management Market By Service, By Application, Competition Forecast & Opportunities, 2012 – 2022has evaluated the facility management market in UAE and provided statistics and information on market structure, industry behavior and trends. The report includes market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyses emerging trends along with strategic recommendations for the UAE facility management market.

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