Growing Infrastructural Projects Coupled with Renewal of FM Services Contracts at Public Places will Drive Saudi Arabia Facility Management Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 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. 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 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 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 facilities management services both in terms of soft services and hard services. The hospitality market will boom in the future owing to the Saudi Arabia’s 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 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-construction/real-estate/saudi-arabia-facilities-management-market/127109-97.html Related Reports by Ken Research https://www.kenresearch.com/manufacturing-and-construction/real-estate/qatar-facility-management-market/127108-97.html https://www.kenresearch.com/manufacturing-and-construction/real-estate/oman-facility-management-market/127107-97.html https://www.kenresearch.com/manufacturing-and-construction/infrastructure/india-facility-management-market-research-report/6193-97.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Tags: Airport FM Services Management Saudi Arabia, Challenges in FM Market Saudi Arabia, Competition Facility Management Saudi Arabia, Competition in Facilities Management Saudi Arabia, End Users Facility Management Saudi Arabia, Facility Management Opportunities Saudi Arabia, Facility Management Services in Saudi Arabia, Facility Management Services Market in Saudi Arabia, Government Role FM Market Saudi Arabia, Growth Drivers Facility Management Saudi Arabia, Hard Facility Management Market Saudi Arabia, Industry Segment Soft Services Saudi Arabia, Market Competition Saudi Arabia Facility Management, Market Growth Facilities Management Middle East, Market Share Saudi Arabia Players Facility Management, Market Size Facility Management Saudi Arabia, Middle East Facilities Management Market, New Standard Facility Management Saudi Arabia, Role of FM Services Saudi Arabia, Saudi Arabia Facilities Management Industry, Saudi Arabia Facilities Management Market, Saudi Arabia Facility Management Market, Saudi Arabia Facility Management Sector, Trends in Facilities Management in Saudi Arabia