The growth of the hospitality industry in the country and the increase in investment in future infrastructure projects are key drivers in promoting Kuwait’s facility management market growth.
Demand for Facility Management services in the country will increase as more and more projects are invested, especially in residential and commercial facilities, shopping malls and other areas. Also, as the real estate industry in Kuwait grows and the per capita income of the younger population grows, there will be higher quality housing options and increased demand for businesses to manage these facilities. Local and local companies are leveraging market potential to provide maintenance facilities for these assets. Real estate development companies in Kuwait are also establishing subsidiaries. Therefore, infrastructure development will have a positive impact on the growth of the Kuwait market.
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This is due to the growing adoption of disruptive technologies such as cognitive computing, augmented reality, IoT and analysis, robots and unmanned aerial vehicles in the area of facility management. Facility management solutions have helped companies in diverse industries improve overall operational efficiency and improve profit margins. Companies in the BFSI, IT and telecom sectors are early adopters of facility management solutions because they are highly human resources dependent. The base year for the study is 2017, and forecasts were provided between 2018 and 2023.
Some Of the Key Players in Facility Management Organization Market Are:
- United Facility Management
- EFS Facility Management Services
- O&G Engineering
- Ecovert FM Kuwait
- Engie Services
- Tanzifco Company
- Al Mazaya
With the increasing adoption of outsourcing services by industrial applications, demand for reduced operating costs is driving the growth of the global facility management market. Delivery systems, such as bundled facility management services and full facility management services, are adopted by the company to reduce costs and maintain centralized control over a complete service cycle. Facility management services are expected to be adopted in the short term as the awareness of facility management services increases and the border crossing between facility management service providers increases.
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Segmentation by product type: breakdown data from 2013 to 2018 and forecast to 2023 in
Property, Cleaning, Catering, Support, Environmental Management
Segmentation by application: breakdown data from 2013 to 2018 and forecast to 2023
Commercial, Residential, Industrial
This report presents a comprehensive overview, market shares, and growth opportunities of Facility Management Organization market by product type, application, key manufacturers and key regions and countries.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Major Table of Contents:
1 Scope of the Report
2 Executive Summary
3 Global Facility Management Organization by Players
4 Facility Management Organization by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Facility Management Organization Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
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Facility Management Organization Market report Synopsis
- To analyze the market size of the market and infer the key trends from it.
- Industry Chain Suppliers of Facility Management Organization market with Contact Information
- The key findings and recommendations highlight crucial progressive industry trends in the Facility Management Organization Market, thereby allowing players to develop effective long term strategies
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Facility Management Organization market
- Comprehensive quantitative analysis of the industry is provided for the period of 2018-2023 to assist stakeholders to capitalize on the prevailing market opportunities.
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