Snowballing Construction Activities to invigorate the Facility Management Market in UAE

UAE is emerging as one of the most dynamic markets for facility management in the Middle East region as the country is considered to be the regional financial hub. The burgeoning tourism sector and expansion of the hospitality sector are boosting the demand for facility management services in the country. In addition, the growth in the construction market is providing a number of opportunities to the facility management service providers in the UAE.

According to the MarkNtel Advisors’ research report, “UAE Facility Management Market Analysis, 2020”, the facility management market is projected to register a CAGR of around 8% during 2020-25. The hard facility management services grabbed a major market share in the UAE facility management market in 2019. The expansion of real estate and increasing construction of buildings, retail malls, industrial hubs, and corporate centers have positively contributed to boosting the demand for hard facility management services such as HVAC maintenance, electrical maintenance, etc.Moreover, the growth of hard facility management services is attributed to the escalating demand from corporates, residential, hospitality, healthcare, etc. The country has planned to establish 30,000 dwellings for emigrants by 2020, which is expected to provide numerous opportunities for hard facility management service providers.

However, soft facility management is surging at a faster pace in the country. The demand for post-construction cleaning and other specialized maintenance services is emanating in the country thereby positively impacting the demand for soft facility management services.

Upcoming Events to Boost the Growth

The surging growth of the facility management market in UAE is due to the delivery of a large pool of properties that require maintenance. Dubai Expo 2020 has positively contributed to the growth of construction sector. There are several construction projects scheduled to be completed before Expo begins in 2020. In 2018, the total projected value of major Expo-related construction projects reached USD 54 billion. Hence, it is anticipated to boost the facility management market in the UAE.

Fixed Term Contract

The key players with a considerable market share in the UAE facility management market include EMRILL Services LLC, Imdaad L.L.C, Farnek Services LLC, EFS Facilities Management Services, Khidmah LLC, etc.

According to MarkNtel Advisors, the companies are securing several contracts to provide their services for a fixed periodof time to gain an advantage over their competitors. In 2017, Imdaad L.L.C signed a 3-year contract to offer facility management services across more than 500 mosques and around 1,200 associated homes in Dubai. In 2019, Farnek Services LLC was given a five-year Dubai Airport’s contract toprovide cleaning services for landsideand airside facilities.

UAE Facility Management Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the market potential, regional opportunities, key factors impacting sales and purchase decision, hotspots and opportunities available for facility management firms across the globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the competition assessment, formulation of Go to Market Strategies and identifying the blue ocean for their offerings. 

Industry Segmentation:

1.     By Type(Hard, Soft, Risk, Administrative)

2.     By Service Delivery(Single Service, Bundled, Integrated)

3.     By Size(Small Enterprise, Mid-Size Enterprise, Large Enterprise)

4.     By End Users (Residential, Commercial, Government, Retail, Education, Healthcare, Hospitality, Others)

5.     By Geographic Region (Abu Dhabi & Al Ain, Dubai, Sharjah & Northern Emirates)

6.     By Competitors (EMRILL Services LLC, Imdaad L.L.C, Farnek Services LLC, EFS Facilities Management Services, Others)

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Key questions answered in the study

1. What are the current and future trends of the UAE facility management market? 
2. How the industry has been evolving in terms of end-user demand and application areas?
3. What are the future plans and customer expectations of end-users across the globe? 
4. How the competition has been shaping across the countries followed by their comparative factorial indexing?
5. What are the key growth drivers and challenges for the UAE facility management market?
6. What are the customer orientation, purchase behavior, and expectations from the facility management companies across various regions?