The U.A.E facility management market is predicted to grow at 9.6% CAGR during the forecast period with the market size reaching USD 24.4 billion by 2027. Different services such as property, cleaning, environmental management, security, support, catering, and others are majorly contributing to the facility management market size. The market has witnessed significant demand for property over the last few years due to its advantages such as minimal maintenance and repair price, reduced occupant turnover, support with taxes, rent collection, and small vacancy cycles.

The U.A.E. facility management market is categorized into the property, cleaning, environmental management, security, support, catering, and others of which property holds the largest share during the historic period in the facility management market due to its advantages such as minimal maintenance and repair price, reduced occupant turnover, support with taxes, rent collection, and small vacancy cycles.

The U.A.E. facility management market is segmented into outsourced, and in-house. Of all, the in-house category accounted for the larger share in the market due to elevated acceptance rate, long-standing existence, and comparatively low price. The outsourced segment is further subdivided into integrated, single, and bundled.

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The mounting infrastructure-based development such as commercial buildings, infrastructure projects, residential construction projects, and industrial projects, growing commercial sector, relocation to support the development of major construction programs, escalating number of residential projects, and mounting development of cloud-based solutions in the country are the key factors leading to the growth in the U.A.E facility management market.

Key factors hindering the growth of the U.A.E. facility management market are inflationary pressure on the facility management service industry, and workforce management. In addition, several companies are refocusing on cost-cutting actions, which also pose further challenges in sustaining service quality ethics.

Market players in the facility management industry are investing capital to develop technologically advanced systems. In January 2019, Deyaar Property Management LLC partnered with Belhasa International Company LLC to accomplish its mixed-use structures across Dubai, Sharjah, and Abu Dhabi.

Emrill Services LLC, Etisalat Facilities Management LLC, Deyaar Development PJSC, Imdaad LLC, Transguard Group LLC, Cofely Besix Facility Management, EFS Facilities Management Services, Enova Facility Management Services LLC, Reliance Facilities Management, Al Shirawi Facilities Management LLC, Farnek Services LLC, and Blue Diamond Facilities Management LLC are some of the key players offering solutions for the facility management in U.A.E.

Source: VynZ Research