DUBLIN--(BUSINESS WIRE)--The "Saudi Arabia Facility Management Market by Service, by End User, by Mode - Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering.
On the basis of service, property services is expected to be largest category with an estimated contribution of more than 25% in the market, in 2017. Property services offer several benefits such as ensuring short vacancy cycles, better tenant retention, and various others. Owing to such benefits, the demand for this service type is growing in Saudi Arabia.
The commercial sector was the largest end user with an estimated contribution of more than 40% in the Saudi Arabian facility management market, in 2017. The demand for these services is growing in the commercial sector, owing to increase in awareness among end users to optimize expenditure on commercial building management. During the forecast period, the market is expected to witness a significant growth among commercial end users.
In terms of mode of service, the market is categorized into in-house and outsourced. In-house was the larger category with an estimated contribution of more than 60% in the market in 2017. The leading position of in-house mode is attributed to its long-standing presence, high adaptation rate, and comparatively low cost.
Due to lack of in-house expertise and a need to focus on core competencies, the demand for outsourcing facility management services is increasing, which is creating ample opportunities for the growth of facility management market in Saudi Arabia.
Key Topics Covered
1. Research Background
2. Research Methodology
3. Executive Summary
5. Saudi Arabia Market Size and Forecast
6. Competitive Landscape
7. Company Profiles
- EMCOR Group Inc.
- Khidmah LLC
- Interserve plc
- Enova Facility Management
- Saudi Oger Ltd.
- Rezayat Group
- Musanadah Facilities Management Co. Ltd.
- Nesma Trading Co. Ltd.
- Al Borj International
For more information about this report visit https://www.researchandmarkets.com/research/zpdwx9/saudi_arabia?w=4