Market Research Reports - Ken Research Egypt Facility Management Market Outlook to 2023 | Page 2

site electrical and mechanical solutions both in commercial and industrial sector. This is
followed by the demand for Fire and Security System due to growing construction around the
country that has driven the demand for Fire Safety and Security Systems, as these are required
by law to be installed in every building. Civil Maintenance had the least market share as cost of
hiring local service providers is much cheaper than hiring a facility management company.
By Integrated Facility Services, Bundled Services and Single Services: Single Services
contributed the most to the overall revenue of the Facility Management Market in 2018. Price
and quality of the service offered along with selection of the company specializing in the service
in demand are the key reasons for people opting for single services. Integrated Facility Services
occupy the least market share due to client’s inability to opt for such services.
By End User Sector (Industrial, Commercial, Residential and Others): Industrial Sector
including factories, plants and other such production spaces and units contributed the most to
overall revenue of Facility Management Market in 2018. This is followed by the demand from
Commercial, Residential and others.
Competitive Landscape
Facility Management Market in Egypt is fragmented. Contrack FM is the market leader with the
highest market share on the basis of revenue in 2018. This was followed by Enova, EFS Facilities
Management, IFMC-Apleona Group, Egypro and Others. These players compete in the facility
management market in Egypt on the basis of quality of service, brand image, price of service
rendered and specific expertise.
Egypt Facility Management Market Future Outlook
In future, it is anticipated that Egypt Facility Management market in terms of revenue will
increase at a positive CAGR during the period 2028-2023E. Upcoming airport construction
projects and smart city plans along with increasing MNCs in the country will boost the demand
for facility management services in Egypt. The government is focusing on improving tourism to
generate additional revenue for the country. This will lead to the growth of hospitality sector,
ultimately rising the demand for facility management services. It is also expected that the
market will witness the emergence of both local and global companies due to growing trend of
adopting facility management services in the country.
Key Segments Covered
By Type of Services
Soft Service