The UAE Facility Management Market is expecting to grow around 9% CAGR during 2021-26, says MarkNtel Advisors. The growing efforts by the UAE government to diversify its economy from conventional oil export to service sector-driven economy have actively contributed to the growth of the UAE Facility Management Market.
Besides, the snowballing tourism industry in the country shall also boost the hospitality sector owing to the soaring demand for new hotels, which would require various facility management services, thereby positively influencing the growth of the Facility Management Market in the UAE.
The research report on the UAE Facility Management Market provides an extensive study on the market size, prominent shareholders, growth projection, market segments, competitive landscape, value chain analysis, historical data, and strategic performance indicators, among other information. Furthermore, UAE Facility Management Market report comprise growth drivers and challenges, major developments by market leaders and their research & development activities, and revenue forecasts, among other information.
Get a sample copy of the market report: https://www.marknteladvisors.com/query/request-sample/uae-facility-management-market.html
Analysis of Covid-19 Impact on the UAE Facility Management Market
The Covid-19 pandemic in 2020 caused a massive deterioration to the global economy, with most industries facing significant losses, both in terms of revenue and growth. As a result, the key players in the UAE Facility Management Market revised their budgets & growth tactics for the coming years.
This research report also cites the Covid-19 impact analysis on the UAE Facility Management Market that shall help prominent stakeholders in the industry create innovative strategies to tackle any such emergencies if occurred again. In turn, it will enable them to sustain & grow and better understand the industry's top revenue prospects.
Outsourcing Segment Exhibits Fastest Growth
Within Operating Model Segmentation, the market bifurcates into In-House, Outsourced. Among these, the Outsourced facility management services are likely to exhibit the fastest market growth rate in the UAE over the forecast period due to the surging number of competitors offering diversified services.
Further, the diminishing service quality of In-house facility management and improper management have also contributed to the declining market share of in-house facility management. Moreover, the outsourced facility management model is utilized majorly in large enterprises. On the other front, medium & small enterprises exhibit a low market share of outsourced facility management than in-house facility management.
Key Features of the Research Report:
This report provides a deep understanding of the UAE Facility Management Market 's size, shares, dynamics, segments, potential, key trends, and an overall outlook to 2026. Readers will find this report enormously beneficial in comprehending the industry insights taken from trustworthy sources and validated thoroughly by research experts. Listed below are some other important inclusions of the UAE Facility Management Market research report:
- Regional/Country-Level Landscape
- Sales Volume & Revenue
- Major Trends in the Industry
- SWOT Analysis
- Recent developments by Leading Companies
- Porter’s Five Forces Model
- Strategic Performance Indicators
Explore more reports:
Indonesia Facility Management Market Research Report: Forecast (2022-2027)
Saudi Arabia Facility Management Market Research Report: Forecast (2021-2026)
China Facility Management Market Research Report: Forecast (2020-2025)
USA Facility Management Market Research Report: Forecast (2020-2025)
About MarkNtel Advisors:
MarkNtel Advisors LLP is a premier market research center known for delivering comprehensive research, consulting, and data analytics services on the volatile market scenarios across numerous industries, including Information & Communication Technology, Consumer Goods & Retail, FinTech, Building & Construction, Automotive, Chemicals & Materials, Oil & Gas, etc., thereby enabling companies to make informed decisions and build their growth trajectories with clear-sightedness.