Facility management market is also segmented on the basis of single service , bundled services and integrated services . Single service has contributed the highest share to the revenues of the industry during 2017 . There are few players operating in the industry with specialized expertise in single service and has been the primary force driving customers to purchase single FM service . Bundled services are the second largest contributor to the revenues of the industry during 2017 .
By Sectors
Commercial sector contributed the highest revenue share to the overall facility management industry . FM companies have been providing soft and hard services to commercial complexes over the years and the growth in this sector has created large potential for FM companies . Hospitality sector added their fair share in the revenues of the FM industry . Conversely , the residential sector accounted for the least revenue share of the FM market in terms of revenue in 2017 . Other sectors include Industrial plants , airports , infrastructure projects and others sectors together contributed to the overall facility management market in 2017 .
Competitive Landscape in Oman Facility Management Market
The market dynamics has changed in terms of number of players as domestic and international players have been entering the FM industry . With major MNCs entering this market , competition has further streamlined in recent years . Major FM companies in the country include Renaissance CSG , OIG , Como Facility Management , QBG and EFS . Companies are competing on the basis of price and quality . Renaissance CSG competes in the market on the basis of value innovation and various supplementary services it provides to their customer . OIG differentiates itself from other companies by using environment friendly and safe products . Como has a huge service portfolio which gives it a competitive edge over other companies . QBG is a customer centric company that provides personalized services to its customers while EFS follows an employee centric approach
Oman Facility Management Market Future Outlook and Projections
As the facility management market in Oman is fragmented , it will provide immense opportunity to global and local players to tap this market with the aid of technology advancements and rising awareness among Omanis towards FM services . Enormous growth in construction , tourism and healthcare industries in the country will increase the demand for FM services . Additionally , the 9th Year Development plan ( 2016-2020 ) is expected to trigger the demand for FM services owing to the increase in infrastructure projects .
Key Segments Covered