Qatar Facility Management Market Market Segments
Qatar Facility Management Market Market Segments
Qatar Facility Management Market Market Segments
Summary
Table of Content s
Product Overview
Facility Management has become one of the
influential sectors yearnings for maximum
recognition for a long period of time. The
development began about a few decades ago
when end-users considered the option of
outsourcing the operation, maintenance, and other
non-core activities related to the facility to a
professional company that formed a new industry
called FM. Today, FM has grown as a consumer
delight by using advanced technology and
modular building models to accommodate various
needs, giving way to managing facilities. FM
Services are classified into two main types: Hard
Services: Electrical, Mechanical, Plumbing, HVAC,
Fire Safety, and other systems/solutions related to
construction maintenance. Cleaning,
Security/Staffed Guards, Landscaping, Waste
Collections, Pest Control, Rope Entry, Catering, and
other related services are included.
Market Highlights
Qatar Facility Management Market is expected to
project a notable CAGR of XX.X% in 2030.
Qatar Facility Management Market to surpass USD
XXXX million by 2030 from USD XXXX million in
2018 at a CAGR of XX% throughout the forecast
period, i.e. 2019-30. Growth in the country’s market
is driven by the increasing use of facility
management services in commercial buildings,
residential construction projects, infrastructure
projects, and industrial projects. As various
projects are underway, the demand is expected to
expand in Qatar, following governments’ strategic
measures to accelerate demand development in
the coming years.
Qatar Facility Management Market: Segments
Catering and Support Services Segment to grow
with the highest CAGR during 2019-30
Qatar Facility Management Market is segmented
by service 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
cleaning services segment accounted for the
larger market share in 2019 and is expected to be
the fastest-growing category during the forecast
period owing to the growing hospitality and
tourism industry in the country.
An in-House segment to grow with the highest
CAGR during 2019-30
Qatar Facility Management Market is segmented
by mode into in-house and outsourced (integrated,
bundled, and single). Based on mode, the greater
market share was accounted for by the in-house
group due to the high acceptance rate, long-
standing presence, and comparatively low price.
The dominance of the in-house mode of service is
driven by the fact that a large number of
businesses are still operating through internal
facility management teams or professionals who
maintain their properties on a regular basis.
A commercial segment to grow with the highest
CAGR during 2019-30
Qatar Facility Management Market is segmented
by end-user into commercial, industrial, and
residential. Based on end-user, the greater market
share was accounted for commercial segment due
to its economic diversification plan, the country is
experiencing a large-scale expansion of hotels,
shopping centers, malls, and a host of other
commercial ventures, which are expected to fuel
demand in Qatar for facilities management
services.
Qatar Facility Management Market: Market
Dynamics
Drivers
Upcoming FIFA World Cup 2022 in the country
The investment in the infrastructure sector has
been increasing due to the upcoming mega-events
in the country, such as the FIFA World Cup 2022,
the Gulf Expo, and others, the Qatar facility
management market has a promising future. For
example, in order to host the 2022 FIFA World Cup,
more than $200 billion is being invested in
infrastructure development in the country,
including new rail lines, new international airports
and ports, highways, hotels, and numerous others.
Also, the rapid expansion of tourism, education,
and real estate sectors would contribute toward
the economic growth of the country and result in
demand for facility maintenance services.
Qatar National Vision 2030
Qatar’s National Vision 2030 was introduced in
2008 which is one of the key forces expected to
drive the development of Qatar’s facility
management sector. It is focused on four main
pillars, including human growth, social
development, economic development, and the
development of the environment. The objective of
the national vision is to develop the country by
reducing its economic dependence on the oil and
gas industry and by strengthening other sectors,
such as infrastructure and tourism. The vision lays
the groundwork for the rapid growth of
infrastructure and investments to achieve its goal.
The vision will include large areas of opportunity
for the creation and growth of the country’s
facility management sector.
Restraints
Stringent staffing policies and labor law of the
country
The country’s stringent staffing policies and labor
laws act as the major constraints on the Qatari
facility management market’s growth. Overtime
dues are some of the main points of Qatar labor
law; compulsory benefits such as paid leave, sick
leave, gender equality, termination of service
benefits, health insurance, and termination of
employment; and others. Market-based companies
also face problems with securing workers’ permits,
seeking housing for employees, and others.
Qatar Facility Management Market:
Key Players
Mosanada Facilities Management Services
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Cofely Besix Facility Management
Al-Asmakh Facilities Management WLL
COMO Facilities Management Services
By End User:
Commercial
Industrial
Residential
By Mode:
In-house
Outsourced
Integrated
Bundled
Single
By Type:
Hard
Soft
Others
Qatar Facility Management Market Dynamics
Qatar Facility Management Market Size
Supply & Demand
Current Trends/Issues/Challenges
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