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.
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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
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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.
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