Kuwait Facility Management Market is expected to reach about $1,600 Mn by 2026 The next 5 years would witness the entry of many new companies in the industry especially real estate developers and international players with more advanced technology-assisted service delivery. The share of security services in soft services will remain high as it is demanded by many businesses and due to the increase in residential and commercial… Read More »
Rising End-Users awareness, Improving technology and Government’s strong initiatives regarding Infrastructure will boost Kuwait Facility Management Market after the Covid’s impact: Ken Research 1. The Kuwait hotel and restaurant sector is suffering from a shortage in the number of specialized workers including delivery services, due to the continued closure and prevention of recruitment from abroad. The hospitality industry is undergoing a pivotal digital transformation. In the hotel sector, the full customer journey has been digitized; from researching venues… Read More »
The Kuwait Facility Management Market is growing owing to Kuwait Vision 2035, Technological advancement, Increased Public Spending on infrastructure and Sustainability: Ken Research “Focus on smart city development, new infrastructure developments, focus on tourism and hospitality are Major Factor Contributing towards development of Facility Management Services in Kuwait” Major Developments: The Kuwaiti government has struck a $495-million deal with the private sector for the development of industrial, residential, and warehousing infrastructure, which is also acting as a key… Read More »