Saudi Arabia Integrated Facility Management Market – Future, Scope, Trends

Saudi Arabia integrated facility management market is bound to experience impressive growth with anticipated CAGR in the forecast period, 2023-2027, on account of rising urbanization and rapidly evolving advancements in the servicing facility sector. Moreover, the demand for the standardization and simplification of industrial facilities is surging in recent years and thus supporting the growth of the market in the upcoming five years. Integrated facility management is an IT-based financial management system that is used by private firms, public firms, and government authorities to start, monitor, and manage the assets and finances of their organizations. The system modulates their expenses and monitors their financial activities related to their products, services, their assets, their solution protocols altogether. The growing economic stature of the country, and the rapidly increasing number of industries and multiplying businesses are further aiding the growth of the Saudi's Arabia integrated facility management market.

The Saudi Arabia integrated facility management market is segmented into type, service, solution, end-user, organization size, competitional landscape, and regional distribution. Based on type, the market is divided between hard services and soft services. Soft services are anticipated to hold larger shares of the market in the next five years and dominate the market segment on account of increased demand for the various services rendering the asset management, maintenance and monitoring process. Moreover, soft services from multiple market players are supporting the market growth too. The abundance of the market player in the country and their rapidly increasing number is responsible for the impressive growth of the Saudi Arabia;s integrated facility management market in the upcoming five years.

A partial list of market player in the Saudi Arabia's integrated facility management market includes IBM Middle East FZ-L.L.C. Saudi Arabia, Oracle Systems Limited - Saudi Arabia, SAP KSA Software Trading Co.Ltd, Trimble Solutions Saudi Arabia, Jood Facility Management, Al Borj Facility Management, MEEM Facility Management Co., Boualvard Facilities Management LLC, Muheel Services For Maintenance Operations LLC, Facilities Management (FMCO) Saudi Arabia, among others. These market players hold larger shares of the market than the new market players. With the evolving technology, it is appropriate to say that the effective research and development of technologically advanced instruments and methods to satisfy consumer demands would support market growth and benefit the market players as well as the consumers. New market players may focus on research and development to provide such products and services that satisfy the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

The objective of the Study:

• To analyze the historical growth of the market size of Saudi Arabia integrated facility management market from 2017 to 2020.
• To estimate and forecast the market size of Saudi Arabia's integrated facility management market from 2021 to 2027 and growth rate until 2027. 
• To classify and forecast Saudi Arabia integrated facility management market based on type, service, solution, end-user, organization size, competitional landscape, and regional distribution.
• To identify the dominant region or segment in the Saudi integrated facility management market.
• To identify drivers and challenges for Saudi Arabia's integrated facility management market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia integrated facility management market.
• To identify and analyze the profile of leading players operating in Saudi integrated facility management market.
• To identify key sustainable strategies adopted by market players in Saudi Arabia's integrated facility management market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Saudi Arabia's integrated facility management market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Integrated facility management manufacturers, end users, and other stakeholders
• Distributers and suppliers of the products and other stakeholders
• Organizations, forums, and alliances related to integrated facility management
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2021
Historical Data	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million and CAGR for 2017-2021 and 2022-2027
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments covered	·         Type ·         Services ·         Solution ·         End User ·         Organization Size
Regional scope	Western Region, Northern and Central Region, Eastern Region, Southern Region
Key companies profiled	IBM Middle East FZ-L.L.C. Saudi Arabia, Oracle Systems Limited - Saudi Arabia, SAP KSA Software Trading Co.Ltd, Trimble Solutions Saudi Arabia, Jood Facility Management, Al Borj Facility Management, MEEM Facility Management Co., Boualvard Facilities Management LLC, Muheel Services For Maintenance Operations LLC, Facilities Management (FMCO) Saudi Arabia.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Saudi integrated facility management market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Saudi Arabia Integrated facility management Market, By Type:

o   Hard Service

o   Soft Service

• Saudi Integrated facility management Market, By Service:
  • Building and Property Management
  • Cleaning and Hygiene
  • Security and Staffing
  • IT Support
    • On-Premises
    • Cloud
  • Others
• Saudi Arabia Integrated facility management Market, By Solution:
  • Asset & Space Management
  • Project Management & Real Estate
  • Portfolio Management & Lease Administration
  • Energy & Environment Sustainability Management
  • Maintenance Management
  • Others
• Saudi Integrated facility management Market, By End User:
  • BFSI
  • Utilities
  • Aerospace & Defense
  • Telecommunication
  • Manufacturing
  • Supply Chain & Logistics
  • Real Estate & Infrastructure
  • Healthcare
  • Retail
  • Energy & Resources
  • Others
• Saudi Arabia Integrated facility management Market, By Organization Size:
  • Small Enterprises
  • Medium Enterprises
  • Large Enterprises
• Saudi Arabia Integrated facility management Market, By Region:
  • Northern & Central
  • Southern
  • Eastern
  • Western

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia's integrated facility management market.

 

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Table of Content

 

   1. Introduction

2. Research Methodology
3. Executive Summary
4. Voice of Customer

4.1.  Brand Satisfaction Level with respect to Service Quality

4.2.  Brand Satisfaction Level with respect to Sales Support

4.3.  Brand Satisfaction Level with respect to Pricing & Payment Terms

4.4.  Brand Satisfaction Level with respect to Sales Safety

4.5.  Brand Satisfaction Level with respect to Sales Skill

4.6.  Brand Satisfaction Level with respect to Innovation

5. Impact of COVID-19 on the Saudi Integrated Facility Management Market
6. Saudi Arabia Integrated Facility Management Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value (USD)

6.2.  Market Share & Forecast

6.2.1.     By Type (Hard Service and Soft Service)

6.2.2.     By Service (Building and Property Management, Cleaning and Hygiene, Security and Staffing, IT Support (On-Premises and Cloud) and Others)

6.2.3.     By Solution (Asset & Space Management, Project Management & Real Estate Portfolio Management & Lease Administration, Energy & Environment Sustainability Management, Maintenance Management and Others)

6.2.4.     By End-User (BFSI, Utilities, Aerospace & Defense, Telecommunication, Manufacturing, Supply Chain & Logistics, Real Estate & Infrastructure, Healthcare, Retail, Energy & Resources and Others)

6.2.5.     By Organization Size (Small, Medium, Large Enterprises)

6.2.6.     By Region (Northern & Central, Southern, Eastern, Western)

6.2.7.     By Company (2021)

6.3.  Product Market Map

7. Saudi Arabia Hard Service Integrated Facility Management Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value (USD)

7.2.  Market Share & Forecast

7.2.1.     By Service

7.2.2.     By Solution

7.2.3.     By End User

7.2.4.     By Organization Size

8. Saudi Arabia Soft Service Integrated Facility Management Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value (USD)

8.2.  Market Share & Forecast

8.2.1.     By Service

8.2.2.     By Solutions

8.2.3.     By End User

8.2.4.     By Organization Size

9. Market Dynamics

9.1.     Drivers/Opportunities

9.2.     Challenges/Restraints