GCC Facility Management Market Size generated revenue of USD 40.8 billion in 2019 and is expected to reach USD xx.xx Billion by 2027, according to a new report study the market is expected to expand at a CAGR of 14.02% from 2020 to 2027. The base year considered for the study is 2018, and the forecast has been provided for the period from 2020 to 2027. The boom in construction activities, led by the government, and the rising emphasis on green building practices are increasing the demand for facilities management in Qatar. In addition, Growing Tourism Industry, owing to Saudi Vision 2030, and Smart Facility Management Using Advanced Technologies Adding to Market Revenue. The market has witnessed significant demand for property over the last few years due to its advantages such as minimal maintenance and repair price, reduced occupant turnover, support with taxes, rent collection, and small vacancy cycles.
The GCC facility management market is fragmented in nature, with the presence of players such as EMCOR Group Inc., Khidmah LLC, Interserve plc, Musanadah Facilities Management Co. Ltd., Engie Cofely, Kharafi National for Infrastructure Projects Developments Construction and Services S.A.E., United Facilities Management, Emrill Services LLC, Imdaad LLC, and Farnek Services LLC.
The analysis of the report is carried on various primary and secondary data sources. The primary sources include conduction interviews with numerous industry analysts, suppliers, distributors, and other involved professionals. The secondary sources include a review of statistical data from press releases, government websites, annual reports of the companies, and other relevant documents.
During interviews, these primary and secondary sources provide exclusive information, which acts as a validation from global GCC Facility Management market leaders. Access to an extensive internal repository and external proprietary databases helps this study to address questions and details regarding the market. Also, the report uses the top-down approach to assess the figures for each segment and to counter-validate them with the bottom-up approach.
We have covered two proprietary models in the GCC Facility Management report, the FPNV Positioning Matrix and the Competitive Strategic Window and. The FPNV Positioning Matrix analyses players’ competitive marketplace in terms of product satisfaction and business strategy they follow to sustain in the market. In terms of applications, markets, and geographies, the Competitive Strategic Window analyses the competitive landscape.
Summarization of Report
The research report provides a perspective of the attractiveness of the regions and segments which are formulated based on their growth rate (CAGR) and market size. Leading analysts and industry professionals present in various regions have validated the data & information provided in the report. The report provides the detailed analysis of forecasted data, revenues, and major developments. It also offers crucial strategies adopted by major organizations catering to the GCC Facility Management market. This provides important and in-depth insights to depict the overall market scenario.
Along with the market position, future trends, market share, market dynamics, opportunities, threats, risks and entry barriers, a detailed overview of the GCC Facility Management market is included. In the form of graphs, tables, pie chart, and product figures, all the brief points and analytical market data are statistically pictured to provide users with overall information.
Also, the report sheds light on upstream raw materials, downstream client survey, marketing channels, industry development trends and recommendations that specifically provide useful information on major manufacturing equipment suppliers, raw materials suppliers, major distributors, and major consumers with their contact information, for GCC Facility Management market chain analysis.
The key purpose of the report is to provide a growth map of the GCC Facility Management market and hence assist the client's in the formulation of required strategies to meet the business goals. Thus, there are many qualitative and quantitative tools used for growth mapping of the market. These include PESTEL analysis for various regions involved in the market, SWOT analysis of the industry, PORTER'S five forces for determination of different attributes such as the power of the buyer and supplier engaged in the market, threat of substitution, intensity of competition and threat of the new entrants in the market.
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