Property Maintenance Services Market Kuwait Property Maintenance Services Market Kuwait | Page 8

June 2017 Kuwait Facility Management Market Outlook to 2021 services to IT management services. Bundled services are the least contributor in the market with the share of ~ %. By Outsourced Personnel & Self Personnel: On the basis of Outsourced personnel & Self personnel, outsourced personnel are the major contributor in the revenues of the industry with the share of ~ % in the revenues in 2016. Majority of the companies in the country are outsourcing the services. Cost-efficiency remains the main driver for consideration and implementation of outsourcing initiatives by the companies. Self personnel services have added a share of ~ % in the industry. By Sectors: Retail & Commercial sector has largely dominated the revenues of the industry with the share of ~% in 2016. Retail sector is majorly demanding hard services for air- conditioned shopping complexes, commercial buildings and other publicly accessible and private environments. Hospitality sector has contributed a share of ~% in terms of revenues in 2016. Residential sector has contributed ~% in the revenues in 2016 followed by other industries Future Potential Facilities management market will grow at a tremendous rate in coming future. The market will increase at a CAGR of ~% during 2016-2021 to reach at USD ~ million in 2021 owing to the rising commercial and residential space in the country. Growing preferences of population to live in a clean and secure environment which will be professionally managed will boost the demand for facilities management services. Growing Hotel industry in the country will trigger the demand for HVAC services, security, cleaning, housekeeping and other facilities management services. The market will be largely dominated by single services in coming future. The single services market will contribute a share of ~% in 2021. Rising demand for single services especially from residential sector will drive the market. Key Topics Covered in the Report:            Kuwait Facilities Management Market Introduction Value Chain Analysis of Kuwait Facilities Management Market Kuwait Facilities Management Market Size by Revenue Kuwait Facilities Management Market Segmentation (By Soft and Hard Facilities Management Services, By Integrated Facilities Services, Bundled Services and Single Services, By Integrated Facilities Services, Bundled Services and Single Services, By In-house and Outsourcing) Kuwait Soft Facilities Management Services Market Segmentation (Housekeeping, Security, Faced Access, and Other Business Support Services) Kuwait Hard Facilities Management Services Market Segmentation (Fire and Security Systems, HVAC, Electro-Mechanical, and Operation and Building Maintenance) Regulatory Landscape for Kuwait Facilities Management Market Trends and Developments in Kuwait Facilities Management Market SWOT Analysis of Kuwait Facilities Management Market Competitive Landscape of the Kuwait Facilities Management Market Market Share of major companies in Kuwait Facilities Management Market © Licensed product of Ken Research; should not be copied 8