Market Overview: GCC Facility Management Market
In the recent study, GCC Facility Management Market Research Report,' “MarkNtel Advisors – Leading Market Research Company” highlighted every essential and specific element that would aid in guiding stakeholders. The research provides the overall market landscape, key insights, significant drivers, major competitors, regulatory landscape, opportunities, current trends, the industry's supply chain structure, changing policies, and the classification of product types, applications, major players, and sectors, among other things. The usage of self-explanatory tables, pie charts, and graphs in a creative format is one of the report's standout features.
Growth Prospect of GCC Facility Management Market:
Rising Construction Activities in GCC to Drive the Market: Owing to the swiftly rising tourism & economic conditions across GCC countries, the number of construction projects is rising substantially as a part of several strategic visions to diversify the economy across non-oil industries. Hence, the member countries are investing heavily in the construction sector & boosting the facility management market.
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Industry Size, Share and Value By 2026
The GCC Facility Management Market is projected to grow at a CAGR of around 8.2% during the forecast period, i.e., 2021-26. The market is driven primarily by the burgeoning focus of governments of GCC countries on infrastructural developments and the rapidly increasing number of construction activities owing to the booming travel & tourism across the region. In addition, with the increasing establishment of multinational corporations, especially across Saudi Arabia, the government is also actively supporting the education and real estate sector in line with Vision 2030, thereby driving the facility management market through 2026.
Enlisting of the Market Segmentation & Identification of the Top Companies
To better understand or have an in-depth understanding of the industry, our dedicated group has put all of their efforts, following a rigorous research pattern to make the client better understand the GCC Facility Management Market in accordance with the segmentation analysis. They are:
-By Type
- Hard
- Soft
- Risk
- Administrative
-By Operating Model
- In-House
- Outsourced
-By Service Delivery
- Integrated
- Bundled
- Single Services
-By End Users
- Commercial
- Residential
- Government
- Retail
- Education
- Healthcare
- Hospitality
- Others
-By Enterprise Size
- Large
- Mid-Size
- Small
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Every market has major participants playing their individual role to bring new creations or upgradation in the particular market. This section offers an assessment of the competition in the market of GCC Facility Management:
- EMCOR Group Inc
- Emrill Services LLC
- United Facilities Management
- Khidmah LLC
- Kharafi National, Interserve plc
- Cofely Besix Facility Management,
- Imdaad LLC,
- Musanadah Facilities Management Co. Ltd.
- Farnek Services LLC
Geographical/National Landscape of the GCC Facility Management Market
-By Region
- UAE
- Saudi-Arabia
- Qatar
- Oman
- Bahrain
- Kuwait
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Valuable Highlights in the GCC Facility Management Market
- The GCC Facility Management Market research offers information on the prevailing situation of the industry, including data on statistics, market size, and revenue.
- The GCC Facility Management Industry Report gives a clear picture of the industry by analyzing the emerging trends & possible opportunities that would assist the investors or venture capitalists to take profitable decisions.
- The study includes deep insights about the market, making market players informed about the target audience, including demographics & purchasing behaviors.
- The GCC Facility Management Market study provides a detailed examination of the industry's competitive landscape, including information on market share & pricing strategies.
Key Questions Addressed in the Market Research Report:
- What is the projected size, share, & CAGR of the GCC Facility Management Market in the future years?
- What are the key trends & emerging opportunities likely to impact the GCC Facility Management Market during 2021-2026?
- What are crucial aspects creating a barrier to the market growth?
- What are the different segments & sub-segments considered in the market of GCC Facility Management research study?
- Who are the key stakeholders & players participating in the GCC Facility Management Market?
- What would be the demand for different types of products/services in the GCC Facility Management Market through 2026?
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