Soaring Infrastructural Development Fueling U.A.E. Facility Management Market Boom

The U.A.E. facility management market generated a revenue of $14,360.2 million in 2020, and it is predicted to advance at a CAGR of 10.8% from 2021 to 2030. Furthermore, as per the estimates of P&S Intelligence, a market research company based in India, the market will attain a value of $39,680.8 million by 2030. The market is being driven by the surging investments being made in the construction sector and the expansion of the tourism sector in the country.

With the expansion of the tourism industry, due to strong government support, and the subsequent rise in the tourist footfall, gross domestic product (GDP), and foreign direct investments (FDI), the demand for facility management services such as security services, safety services, environmental management services, and disinfection services is rising sharply in the country. Additionally, the upcoming Expo 2020 Dubai (which was postponed to 2021 due to the COVID-19 pandemic) is predicted to create huge growth opportunities for the tourism sector. 

Besides, the surge in the construction sector, due to the increasing infrastructural development activities, is also powering the U.A.E. facility management market growth. In Dubai, nearly 4,000 construction and infrastructural development projects worth $313.2 billion are currently underway, and this trend is predicted to continue in the coming years. The Dubai Metro Red Line extension, the Royal Atlantis Resort and Residencies (Palm Jumeirah), and the Container Terminal 4 (Jebel Ali Port) expansion project are some of these major infrastructure projects. 

Currently, companies in the U.A.E. facility management market are proactively working toward winning large-scale client tenders to increase their revenue. Ejadah Asset Management Group LLC, Adeeb Electrical & Electronic Services Co. LLC, Al Shirawi Facilities Management LLC, Blue Diamond Facilities Management LLC, Tafawuq Facility Management LLC, Engie Cofely, Imdaad LLC, EFS Facilities Services Group Limited, Deyaar Development PJSC, Transguard Group LLC, AG Facilities Solution LLC, Reliance Facilities Management, and Etisalat Facilities Management LLC are some of the most-significant facility management service providers in the country.

Thus, the expansion of the tourism and construction sectors in the U.A.E. will boost the requirement for facility management services in the coming years.

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