Market Research Reports - Ken Research Oman Facility Management Market Outlook to 2022

Oman Facility Management Market Outlook to 2022: Ken Research
The report titled “Oman Facility Management Market Outlook to 2022 – By Soft Services
(Housekeeping, Landscape Access and Façade Access, Security, Others) and By Hard Services
(HVAC, Electromechanical, Operational and Maintenance, Fire Safety and Security)” provides
a comprehensive analysis of Facility Management in Oman. The report focuses on overall
market size, market segmentation by Types of Services (Single, Bundled and Integrated
Services), by Sectors (Commercial, Hospitality, Residential, Industries and other sectors), by In
house and Outsourcing services and by Hard and Soft Services. The report also covers the
overall trends and developments, Vendor selection process and Competitive landscape. The
report concludes with market projections for future for the market described above
highlighting the major opportunities and cautions for Oman Facility Management.
Oman Facility Management Market Overview and Size
The Facility Management (“FM”) market in Oman has witnessed robust growth during the
review period; however, the market is still in its growth stage. The market is highly fragmented
with large number of players operating within the FM industry. The FM market in the past was
dominated by soft services but technological advancement and increasing need for building
maintenance has resulted in rising demand for hard services. The major growth drivers for the
industry include the booming real estate market, growing construction industry, increasing
number of shopping malls and supermarkets, expanding hospitality sector and focus on Green
Buildings aligned to Vision 2030; creating opportunities for FM services in the country.
Increase in project activity centered on tourism and the commercial sector have raised the
demand for soft and hard services in the country, leading to a positive impact on the facility
management market. Rising inflow of foreign expatriates has also positively impacted the
growth of the industry.
Oman Facility Management Market Segmentation
By Soft and Hard Services
The facility management market can be categorized on the basis of services offered i.e. hard
services and soft services. Soft services dominated the facility management market in Oman
with a higher revenue share during 2017. The development of various sectors including real
estate, hospitality, healthcare and tourism (owing to Vision 2020) has amplified the demand for
soft services in the country. Conversely, hard services accounted for the remaining revenue
share of facility management market revenue in Oman during 2017.
By Single Service, Bundled Services and Integrated Services