Growing Infrastructural Projects Coupled with Renewal of FM Services Contracts at Public Places will Drive Saudi Arabia Facility Management Market: Ken Research

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Growing Infrastructural Projects Coupled with
Renewal of FM Services Contracts at Public Places
will Drive Saudi Arabia Facility Management
Market Ken Research
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• Growing infrastructural projects in the country
  will create huge growth opportunities for
  facilities management services providers.
• Rise in hospitality industry and Growth in
  tourism industry will further increase the demand
  for facilities management services.

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• Ken Research in its latest study, Saudi Arabia
  Facilities Management Market Outlook to 2021
  suggested the facilities management market in
  Saudi Arabia is vast, lucrative and fragmented
  with high potential. This gives opportunity to FM
  players to consolidate the market which will
  further lead to various acquisitions and mergers
  in this industry for inorganic growth.
• Saudi Arabia facilities Management market is
  estimated to register a positive CAGR during
  2016-2021. Growing construction industry,
  upcoming real estate and hotel projects, growing
  awareness about facilities management services
  will be the key drivers for the growth of the
  facilities management industry in the country.
• The report provided information on Saudi Arabia
  facilities management market, Market segmentation
  of Saudi Arabia facilities management, Future
  growth drivers competitive landscape of few

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• companies including Saudi Oger, Almajal G4S,
  Zamil Operations and Maintenance, Samama and
  Nesma Trading.
• The infrastructure industry has been growing and
  is expected to grow further due to the number of
  projects building in the country. Smart city
  initiative launched by the Saudi government is a
  major example of development in infrastructural
  projects. In this initiative, the country has
  planned to target five Saudi cities with the help
  of private sector to apply the concepts of smart
  parking, smart lighting system, smart solid waste
  disposal, smart cameras and environment pollution
  monitoring tools. The first project has been
  opened in Yanbu in April 2016 and the upcoming
  projects are planned in Makkah, Riyadh, Jeddah,
  Madina and Ahsa. This urban development planned
  by the government as a vision till 2030 will lead
  to rise in the demand of the facilities
  management services creating a positive impact on
  the market. Various infrastructural

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• projects including Saudi Landbridge, Jabal Omar
  Development, Haramain High Speed Rail, Riyadh
  Metro, Jeddah Metro and King Abdulaziz
  International Airport have created Requirement of
  the FM services making a positive impact on the
  Saudi Arabia FM industry.
• Tourism industry experts and economists predict
  that tourism industry can overtake the oil
  industry in Saudi Arabia in terms of revenue
  generation. Globally Saudi Arabia ranked 19th
  (2012) on the basis of international tourist
  arrivals. Moreover, 43.0 increase is estimated
  in the inbound tourists in Saudi Arabia by 2020.
  This would be supported by the increase in the
  religious tourism, international patients for
  healthcare industry, and foreign workers for
  employment and tourists for hospitality industry.
  The rise in the tourism industry will make a
  positive impact in the facilities management
  industry as with the increase in tourism, the
  infrastructure, healthcare and hospitality
  markets will boom leading to elevated demand in
  the

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facilities management services both in terms of
soft services and hard services. The hospitality
market will boom in the future owing to the Saudi
Arabias national vision 2030 which include the
construction of numerous hotels. Key Topics
Covered in the Report Facility Management
Services Market in Saudi Arabia Market Share
Saudi Arabia Players Facility Management Hard
Facility Management Market Saudi Arabia Trends in
Facilities Management in Saudi Arabia Saudi
Arabia Facilities Management Industry Market Size
Facility Management Saudi Arabia New Standard
Facility Management Saudi Arabia Market Growth
Facilities Management Middle East Middle East
Facilities Management Market Industry Segment
Soft Services Saudi Arabia
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• Challenges in FM Market Saudi Arabia
• Saudi Arabia Facility Management Market
• For further reading click on the link below
• https//www.kenresearch.com/manufacturing-and-cons
  truction/real-estate/saudi-arabia-facilities-manag
  ement-market/127109-97.html
• Related Reports by Ken Research
• https//www.kenresearch.com/manufacturing-and-cons
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• https//www.kenresearch.com/manufacturing-and-cons
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  et/127107-97.html

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truction/infrastructure/india-facility-management-
market-research-report/6193-97.html Contact Ken
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Communications query_at_kenresearch.com 91-124-42302
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