The Qatari facility management market is expected to witness a CAGR of 8.5% during 2019–2024. The growth of the market is mainly driven by increasing construction activities in the region, owing to the upcoming mega events such as FIFA World Cup 2022, in the country. Facility management refers to professional services covering multiple disciplines, in a bid to ensure functionality of the built structures through the integration of people, place, process, and technology. Also, these services provide safe and clean environments for residents, employees, and building visitors.
the Qatari facility management market is categorized into property services (heating, ventilation, and air conditioning (HVAC) maintenance; mechanical and electrical maintenance; and others), cleaning services, security services, catering services, support services, environmental management services, and other services. The other services include reception staffing, utility management, furniture supplies, and contract management.
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Property services held the largest share in the facility management industry of Qatar, accounting for more than 25% revenue contribution in 2017. Property services offer various benefits such as decreased tenant turnover, rent collection, short vacancy cycles, low maintenance and repair costs, assistance with taxes, and others. Owing to such benefits, the demand for this service type is growing in Qatar.
the Qatari facility management market is categorized into commercial, industrial, and residential. The commercial sector was the largest end user in the market, with more than 40% revenue contribution in 2017. The sector is witnessing increased demand for these services, attributed to the growing awareness among end users for commercial building management to optimize expenditure. During the forecast period, the facility management industry of Qatar is expected to experience a significant growth among commercial end users.
the Qatari facility management market is categorized into in-house and outsourced (integrated, bundled, and single). In-house category held the largest share in the facility management industry of Qatar, with a revenue contribution of 60% in 2017. The leading position of in-house mode of service is attributed to its long-standing presence, comparatively low cost, and high adoption rate.
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Qatar will host some of the major international events to be held during 2019–2022, including World Artistic Championship for Gymnastics, Gulf Expo, International Conference on Environment and Natural Science, FIFA World Cup, and others, which are creating huge demand for facility management services. To organize such big events, the country will need infrastructure and hospitality services, in order to provide lodging facility for participants and visitors from different countries.
Some of the major players operating in the Qatari facility management market are Mosanada Facilities Management Services, Cofely Besix Facility Management, Al-Asmakh Management WLL, COMO Facilities Management Services, OCS Qatar LLC, CBM Qatar LLC, Elegancia Hospitality & Facility Management Services, Al Tamyoz Business Group, Conservo Facility Management Co. WLL, Confident Enterprises WLL, and ASTAD.
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the Qatari facility management market is categorized into property services (heating, ventilation, and air conditioning (HVAC) maintenance; mechanical and electrical maintenance; and others), cleaning services, security services, catering services, support services, environmental management services, and other services. The other services include reception staffing, utility management, furniture supplies, and contract management.
Request to get the report sample pages at : https://www.psmarketresearch.com/market-analysis/qatar-facility-management-market/report-sample
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the Qatari facility management market is categorized into commercial, industrial, and residential. The commercial sector was the largest end user in the market, with more than 40% revenue contribution in 2017. The sector is witnessing increased demand for these services, attributed to the growing awareness among end users for commercial building management to optimize expenditure. During the forecast period, the facility management industry of Qatar is expected to experience a significant growth among commercial end users.
the Qatari facility management market is categorized into in-house and outsourced (integrated, bundled, and single). In-house category held the largest share in the facility management industry of Qatar, with a revenue contribution of 60% in 2017. The leading position of in-house mode of service is attributed to its long-standing presence, comparatively low cost, and high adoption rate.
Explore Full Report With TOC: https://www.psmarketresearch.com/market-analysis/qatar-facility-management-market
Qatar will host some of the major international events to be held during 2019–2022, including World Artistic Championship for Gymnastics, Gulf Expo, International Conference on Environment and Natural Science, FIFA World Cup, and others, which are creating huge demand for facility management services. To organize such big events, the country will need infrastructure and hospitality services, in order to provide lodging facility for participants and visitors from different countries.
Some of the major players operating in the Qatari facility management market are Mosanada Facilities Management Services, Cofely Besix Facility Management, Al-Asmakh Management WLL, COMO Facilities Management Services, OCS Qatar LLC, CBM Qatar LLC, Elegancia Hospitality & Facility Management Services, Al Tamyoz Business Group, Conservo Facility Management Co. WLL, Confident Enterprises WLL, and ASTAD.
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Get More Information Visit : P&S Intelligence
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