Saudi Arabia Facility Management Market: Growth, Opportunity and Forecast Till 2024


Posted December 27, 2019 by sharonwilliams

The Saudi Arabia Facility Management Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

 
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Facility Management Market, By Service (Property, Cleaning, Security, Support, Catering & Others), By End User (Commercial, Industrial & Residential), Competition, Forecast & Opportunities, 2014-2024” (http://www.marketreportsonsaudiarabia.com/marketreports/saudi-arabia-facility-management-market-by-service-property-cleaning-security-support-catering-others-by-end-u/905655) under Business Services category. The Saudi Arabia Facility Management Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

Saudi Arabia Facility Management Market stood at $ 22.9 billion in 2018 and is projected to grow at a CAGR of more than 12% during 2019-2024 to reach $ 44.9 billion by 2024. Increasing number of companies looking to consolidate in the facility management market and growing investments in large-scale projects in the infrastructure sector are expected to boost demand for facility management services in the country. Saudi Arabia boasts the holy sites of the Muslim community, thus registers a huge number of visitors and travelers, annually, which results in opportunities for the hospitality and construction industries. All these factors are anticipated to drive demand for facility management services in Saudi Arabia during forecast period.

Years Considered for this Report:
* Historical Years: 2014-2017
* Base Year: 2018
* Estimated Year: 2019
* Forecast Period: 2020-2024

Request a free sample copy of Facility Management Market Report @ http://www.marketreportsonsaudiarabia.com/marketreports/sample/reports/905655

Objective of the Study:
• The primary objective of the study was to evaluate and forecast facility management market size in Saudi Arabia.
• To categorize the market by service type - property, cleaning, security, support, catering and others; by end user - commercial, industrial and residential; and by region – Makkah, Riyadh, Eastern Province and Rest of Saudi Arabia.
• To understand major policy changes and regulations impacting Saudi Arabia facility management market.
• To perform pricing analysis and identify major drivers of Saudi Arabia facility management market.
• To identify and profile major companies in facility management market in Saudi Arabia.

Some of the major players in Saudi Arabia facility management market are Saudi Emcor Company Limited (EFS Facility Management), Khidmah LLC, Interserve, Enova Facility Management Services LLC, Saudi Oger Ltd., Rezayat Facilities Management.

To analyze and forecast Saudi Arabia facility management (FM) market, considered both top down and bottom up approach. Multiple employees of companies operating in the FM market have been interviewed through telephonic conversations to understand historical and present trends. Moreover, a detailed and in-depth scrutiny of data by service, by end user and by region was carried out to understand factors that could impact the demand for facility management services in Saudi Arabia.

A brief study of the major players in the facility management market was carried out to collect information such as investments and expected year of ongoing infrastructure projects along with the expansion plans of various other infrastructure and construction projects in the country. To prepare the report, data was also studied from various secondary sources such as white papers and secondary literature on facility management market, World Bank Economic Data, OPEC annual statistical bulletin 2018, General Authority of Statistics, Saudi Vision 2030 and several other statistical documents.

Key Target Audience:
• Facility management service providers and other stakeholders
• Major end users of facility management services in industrial, commercial and residential segments
• Organizations, forums and alliances related to facility management market
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms

The study is useful for providing key information to industry stakeholders such as facility management service providers, customers and policymakers. This study would help them to decide which market segments to be targeted over the coming years to strategize investments and capitalize on growth opportunities.

Report Scope:
In this report, Saudi Arabia facility management market has been segmented into the following categories:
• Market, by Service:
* Property
* Cleaning
* Security
* Support
* Catering
* Others

• Market, by Application:
* Commercial
* Industrial
* Residential

• Market, by Region:
* Makkah
* Riyadh
* Eastern Province
* Rest of Saudi Arabia

Competitive Landscape
Competition Bench marking: Bench marking of leading players on the basis of type of services provided by them.

Company Profiles: Detailed analysis of the major companies operating in Saudi Arabia facility management market.

Available Customization:
With the given market data, offers customization according to a company’s specific needs. The following customization options are available for the report:

Company Information
• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.

Browse our full report with Table of Contents: http://www.marketreportsonsaudiarabia.com/marketreports/saudi-arabia-facility-management-market-by-service-property-cleaning-security-support-catering-others-by-end-u/905655

About Us
Market Reports on Saudi Arabia provides you with an in-depth industry reports focusing on various economic, political and operational risk environment, complemented by detailed sector analysis. We have an exhaustive coverage on variety of industries – ranging from energy and chemicals to transportation, communications, constructions and mining to Food and Beverage and education. Our collection includes over 2000 up-to-date reports all researched, analysed and published by top-notch international research firms.

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Last Updated December 27, 2019