According to TechSci Research report, "UAE Facility Management Market By Service, By Application, Competition Forecast & Opportunities, 2011 - 2021", the facility management market in the UAE is anticipated to grow at a CAGR of over 9% during 2016 - 2021, on account of booming commercial sector and increasing number of residential projects in the country. Moreover, growing disposable income of the working population and rapid urbanization are few of the other major factors fueling the growth of the UAE facility management market.
Browse 7 market data Tables and 29 Figures spread through 118 Pages and an in-depth TOC on
"UAE Facility Management Market"
Over the past few years, UAE's economy has become closely aligned with its tourism industry - a sector that has enjoyed healthy growth. According to the World Travel and Tourism Council, the total contribution of travel & tourism sector in the UAE's GDP is projected to increase from 4.2% in 2015 to 5.6% by 2026. With the upcoming World Expo 2020, millions of visitors will be visiting the country for the event. In order to represent the country's good image in front of the entire world, the Government of UAE is continuously upgrading its commercial as well as tourism sectors, thereby positively influencing the country's facility management market.
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"With growing trend of sustainable development in the UAE, the companies are increasingly adopting green building management solutions, which also help in saving operational cost. The UAE Cabinet, under its Green Agenda 2015-2030, has developed the framework for the country's sustainable growth. In 2014, the government of UAE has planned to invest 0.27% of its total GDP budget towards green initiatives during 2015-2030. Green building techniques are gaining traction in the country, and are opening new avenues for facility management professionals. The facility management providers offer skilled professionals with expertise in green building management techniques and solutions, thereby helping the organization to meet their sustainable development goals.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"UAE Facility Management Market By Service, By Application, Competition Forecast & Opportunities, 2011 - 2021" has evaluated the future growth potential of UAE facility management market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in UAE facility management market.
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