Market Research Reports - Ken Research Egypt Facility Management Market Outlook to 2023

Egypt Facility Management Market Outlook to 2023: Ken Research The report titled “Egypt Facility Management Market Outlook to 2023- By Soft Services (Housekeeping, Security, Landscaping and Others); Hard Services (Electromechanical and Operational Maintenance, Fire Safety and Security Systems and Civil Maintenance) and By End User Sectors (Industrial, Commercial, Residential and Others)” provides a comprehensive analysis on the Facility Management Market in Egypt. The report covers various aspects including overview and market size, market segmentation, trends and development, issues and challenges, SWOT analysis, competitive landscape, market share of major players in facility management market and Trends and Developments. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions. Market Overview and Size Facility Management Market in Egypt is fragmented with both domestic and global players offering services to the clients. The market is at early growth stage. The customers in the market are price sensitive and lack awareness about the importance of facility management services which has resulted in low penetration in the market. However, fast track construction of residential, commercial and industrial units along with increasing inflow of Foreign Direct Investment has led to rise in demand for integrated facility services. High rate of unemployment resulting in increasing immigration is gaining government attention. Egypt Facility Management Market Segmentation By Soft and Hard Services: Soft services that include manned security, housekeeping, landscaping, waste management, pest control and others dominated the facility management market in Egypt in terms of revenue in the year 2018. The evolving economy demanding for huge infrastructure development along with growing government concern for terrorism and other mal-practices owe to huge demand for Facility Management services. On the other hand, hard services have comparatively less market share in terms of revenue. By Type of Soft Service (Housekeeping, Security, Landscaping and Others): Housekeeping including cleaning contributed a major share in terms of generating revenues for the industry in 2018 as it is the most basic service demanded by any sector. The demand for housekeeping has also been increasing in Government Offices. By Type of Hard Services (Electromechanical and Operational Maintenance, Fire Safety and Security Systems and Civil Maintenance): Electromechanical and Operational Maintenance accounted for maximum market share in terms of revenue in 2018 due to high demand of on-