UAE facility management is projected to grow at a CAGR of over 10% to reach $ 27 billion by 2024
UAE facility management market was valued at $ 13.8 billion in 2018 and is projected to grow at a CAGR of over 10% to reach $ 27 billion by 2024. Anticipated growth in the market can be attributed to the booming commercial sector and the increasing number of residential projects in the country. Dubai and Abu Dhabi, being the commercial hubs of the country, is witnessing a boost in the real estate sector which is further increasing the demand for facility management across the country. Furthermore, the rising integration of technologies in facility management services along with hosting of World Expo, 2021 is further anticipated to aid the growth of UAE facility management market over the next five years. The objective of the Study: • The primary objective of the study was to understand and gain insights about the UAE facility management market and its segmental analysis by organized vs unorganized, by in-house vs outsource, by service, by application, and by regio...