Press Release

Qatar Facility Management Market to Surpass $4.3 Billion by 2022

Increasing infrastructure-based developments, upcoming megaevents and rapid consolidation of major players to positively influence Qatar facility management market

According to TechSci Research report, Qatar Facility Management Market By Service, By Application, Competition Forecast & Opportunities, 2022, Qatar facility management (FM) market is projected to surpass $ 4.3 billion by 2022. Qatar’s flagship programs such as Qatar Rail Development Program (QRDP), Qatar National Vision 2030 and National Tourism Sector Strategy 2030 are expected to support the country’s construction industry during the forecast period, thereby aiding Qatar facility management market in the coming years. Moreover, growing focus towards green buildings, upcoming megaevents such as FIFA World Cup 2022 and rapid infrastructure developments are expected to boost the demand for facility management services in Qatar during forecast period.

Browse 21 market data Tables and 31 Figures spread through 118 Pages and an in-depth TOC on  "Qatar Facility Management Market"

https://www.techsciresearch.com/report/qatar-facility-management-market-by-service-hard-soft-others-by-application-industrial-commercial-residential-competition-forecast-opportunities/1191.html

Owing to increasingly strict rules & regulation from Health, Safety, and Environmental (HSE) regulatory bodies, a growing number of companies are facing difficulties in complying with the regulatory standards. In order to focus on their core businesses, companies are outsourcing their regulatory compliance obligations to facility management service providers in Qatar. Facility management companies are putting emphasis on providing integrated services instead of standalone services, as it would enable them in increasing their revenues on account of higher consumer preference for integrated service offering. With increasing demand for integrated facility management services, market players are focusing on providing mix of services such as hard, soft and others in Qatar, which in turn is positively influencing Qatar facility management market.

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“FIFA World Cup 2022 is anticipated to have a huge positive impact on the facility management market in Qatar over the coming years. In addition, “National Vision 2030”, which was officially launched by the government in October 2008, with an aim to transform the nation into a developed country, has various goals including expansion of the country’s infrastructure. Consequently, the Government of Qatar has undertaken various projects related to new international airport, new cities, schools, hospitals and electric substations in the country, which are expected to drive the country’s facility management market through 2022.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Qatar Facility Management Market By Service, By Application, Competition Forecast & Opportunities, 2022” has evaluated the future growth potential of Qatar facility management (FM) market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Qatar facility management market.

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