Market Research Report Building Management Services UAE,Facilities Manage | Page 9

July 2017 UAE Facilities Management Market Outlook to 2021 Integrated services which involve a combination of almost all types of facilities services constituted ~% in the overall market revenues in 2016 due to a large number of industries preferring one company to handle their entire facilities management business. Imparting single service at a limited cost restricts the earning capacity of the market player. Single services offered by facilities management companies contributed ~% to the overall revenues of the market in 2016. Bundled facilities services constituted the minimum share of ~% in the overall market revenues in 2016. By Sectors Retail & Commercial sector dominated the market share with ~% share in the overall revenues of the market in the Emirates in 2016. Integrated facilities solutions were the most demanded services by this segment during the same year. Market players generated significant revenues through both hard and soft services in the residential sector, thus contributing ~% to the overall pie of the market in 2016. Other sectors which include hospitality sector, public Infrastructure such as Airport, labor camps, oil & gas plants, energy plants, industrial plants and education institutes, schools, universities collectively contributed ~% to the overall facilities management market revenues in the UAE in 2016. COMPETITIVE LANDSCAPE The UAE facilities management market was dominated by Enova, which contributed ~% to the overall market revenues in 2016. By providing its services across all sectors including residential communities, industrial and commercial offices in the UAE, Emrill acquired a share ~% in the overall revenues generated by facilities management market in the country in 2016. G4S, EFS Facilities Services and OCS contributed ~%, ~% and ~% to the overall revenues of the facilities management services market in the UAE in 2016. Deyaar contributed ~ million revenues in 2016. Farnek contributed USD ~ million to the market revenues in the UAE in 2016. FUTURE ANALYSIS AND PROJECTIONS The revenues generated by facilities management market players in the UAE is projected to augment to USD ~ million by 2021, registering a CAGR of ~% during the period 2016-2021. Upcoming and planned developments in the country are further anticipated to fuel the growth of revenues of facilities services providers which offer adequate resources to meet the demands of all sectors across the UAE. Growing internet retailing in the country is further expected to increase the revenues earned by FM companies from hard services, thereby impacting the overall market in a positive manner. The hot and humid climatic conditions of the UAE is expected to drive the demand for HVAC services, making hard services increase their revenue to USD ~ million by © Licensed product of Ken Research; should not be copied 9