Market Research Report UAE Facility Management Market,UAE facility manage | 页面 2

Continuous expansion in the hospitality industry of the UAE during 2011-2016 led to an increase in the growth of facilities management market overtime. Growing tourism sector in the country was catered by the soft services of facilities management market players, wherein personnel requirements of the hospitality sector including housekeeping and Cleaning was met by the service providers, thus adding to the overall revenues of the market. Facilities management market in the Emirates increased to USD ~ million in 2016 from USD ~ million in 2011, marking a robust CAGR of ~% during the same period. UAE witnessed major infrastructural projects in the country which were the primary reasons behind the growth of the overall facilities management market between 2011 and 2016. Some of the major projects included Al Reyadah Carbon-Capture Project, Sheikh Rashid bin Saeed Crossing, Al Sufouh Tramway, Anantara Dubai The Palm Resort and Spa and Dubai smile. Which Facilities Service Type Generated The Maximum Revenue For The Uae Facilities Management Market? Hard services dominated the overall facilities management market in the UAE in terms of revenues, contributing ~% to the market in 2016. Higher cost incurred by various sectors for hiring technically trained staff added to the overall market revenues, thereby making this segment acquire the majority share of the pie. Moreover, the economical advancements in the Emirates demanded for more services related to technical maintenance including Smart security surveillance systems, intelligent energy-saving solutions and smart building management systems which acted as the major revenue generators for the overall facilities management market in the UAE. Soft services which typically include cleaning, pest control, waste management, landscaping, security, reception services, concierge, valet services and archive management added ~% to the overall revenues generated by facilities management market in the UAE in 2016. Soft services are available at a lower price than hard services due to limited or no requirements for well trained technicians. This makes companies pay less to the facilities service providers; thereby limiting the revenues earned by the players in the facilities management market. Which Among Integrated, Single And Bundled Services Has The Highest Revenue Share In The Overall Market?