Continuous adoption of new technologies across the kingdom is the significant trend projected to shape the facility management market through 2028.

According to MarkNtel Advisors study, The Saudi Arabia Facility Management Market size was valued at USD24.89 billion in 2022 and further expected to grow at a CAGR of 4.54% during the forecast period 2023-2028.

The facility management market is expected to benefit from continuous technological advancements, including the use of cloud-based solutions that enable remote business management and improved communication and collaboration via the internet. These advancements are likely to enhance the efficiency and effectiveness of FM services, driving market growth in the coming years.

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Market Growth Driver: Facility management services play a vital role in optimizing the utilization of space and energy resources, thereby reducing operating costs and enhancing sustainability. With the mounting construction activities in Saudi Arabia, the demand for efficient space and energy management solutions is on the rise. Facility management services enable organizations to manage their space requirements effectively, utilizing available space optimally while ensuring employee comfort and safety.

Further, the adoption of sustainable practices for energy conservation and resource utilization is also driving the market in Saudi Arabia. By reducing energy consumption and carbon footprint, these services help organizations achieve their sustainability goals while improving their operational efficiency. Therefore, energy and space management are key factors propelling the industry in Saudi Arabia.

Saudi Arabia Facility Management Market Key Players:

ENGIE Solutions, Khidmah LLC, Interserve Plc, Enova Facility Management Services LLC, Rezayat Group, Musanadah Facilities Management Co. Ltd., Nesma Trading Co. Ltd., Al Borj International, Petrojana, Al Hajry Overseas Co. Ltd., etc.

Market Segmentation Overview:

By Type

-Hard

-Soft

-Risk

-Administrative

By holding the potential share, Hard Services are expected to witness the highest growth in the Saudi Arabia Facility Management Market during the forecast period. This is primarily due to the rapid expansion in the infrastructure sector, which necessitates facility management services to look after the physical assets of a facility and provide services such as lighting, temperature control, cleanliness, ventilation, workspace management, and restroom facilities. These facilities are necessary for the safety and welfare of both employees and customers. Furthermore, the increasing number of construction projects across Saudi Arabia is another crucial aspect projected to increase the demand for facility management services and drive the market in the coming years.

By Operating Model

-In-House

-Outsourced

By Service Delivery

-Integrated

-Bundled

-Single Services

By End Users

-Commercial

-Residential

-Government

-Retail

-Education

-Healthcare

-Hospitality

-Others

By Enterprise Size

-Large

-Mid-Size

-Small

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By Region

• Dubai
• Abu Dhabi Al Ain
• Sharjah Northern Emirates

The Saudi Arabia Facility Management Market Recent Development

In December 2022, Khidmah, a prominent facilities management and home maintenance company in the region, has acquired Pactive Sustainable Solutions, a green building enabler, and Mace Macro Technical Services, the UAE-based Hard Facilities Management Arm of Mace Group. These acquisitions align with Khidmah's expansion and growth strategy, which aims to enhance its services and extend its geographical reach while boosting operational and financial performance.

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