Qatar Facility Management Market (2020-2026) | Size, industry, Trends, Analysis. Forecast, Revenue, Growth, Outlook & COVID-19 IMPACT

Latest Development (2022) in Qatar Facility Management Market

Qatar Facility Management Market is expected to register substantial growth during the upcoming years on account of the upcoming FIFA World Cup 2022 and Qatar National Vision 2030. The surging focus of the government on the development of infrastructure is adding to the development of the industry. Growing industrialization coupled with continuous work of maintenance is also driving the Qatar Facility Management Market Share. Moreover, the completion of key projects such as Al Bayt Stadium and Education City Stadium triggers the potential growth of the market. Surging growth in the residential, commercial and industrial sectors is also developing the growth of the market. The aim of the vision is to boost economic and social development which is further developing the share of the market. 

Qatar facility management market Synopsis

Qatar facility management market report is a part of the Middle East & Africa Facility Management market thoroughly covers the report by solutions, services, end-users, and regions including the northern, and southern regions. The Qatar facility management market outlook provides an unbiased and detailed analysis of the ongoing Qatar facility management market trend analysis, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.

Qatar Facility Management Market is expected to gain momentum during the upcoming years on account of growing construction projects, surging government investment in infrastructure development projects coupled with growing partnerships among international players and domestic players in the country. Moreover, the rising demand for energy-efficient buildings would lead to further growth in demand for the facility management market in the forthcoming years. Expansion of the tourism sector coupled with the increasing development of infrastructure is adding to the Qatar Facility management market growth. 

According to 6Wresearch, the Qatar Facility Management market size is expected to witness significant growth during 2020-2026. Surge in investment in the infrastructure development projects; more than USD 200 billion is being invested by the government on the infrastructure development projects in the country along with various international events in the country resulting in a surge in demand for new hotels would lead to a surge in revenues of facility management market over the coming years. Also, the Qatar government has passed a plan, “Qatar National Vision 2030” under which various projects would be undertaken to promote tourism and the real estate sector leading to a further increase in market demand.

Qatar facility management market is anticipated to witness significant growth in the upcoming six years on the back of the potential growth of manufacturing, public & government, commercial, and educational industries. Moreover, rising business efficiency coupled with the rising need for facility management by facility management teams to provide accurate determined data such as lease renewal management and operations management by tracking and notifying managers for further action that proliferate the adoption of facility management in the coming years. Additionally, increasing emerging economies which are leading to the vast expansion of infrastructure development are expected to demand facility management in order to operate the smooth work and would spur the exponential growth of the Qatar facility management market in the coming timeframe.

Qatar facility management market is projected to secure tremendous growth in the coming years backed by the rising expansion of the commercial sector. Ongoing projects in the country like Lusail city attributed as the future hospitality landmark and being a part and parcel of the Qatar smart city initiative expected to open vast new avenues for the growth of the Qatar facility management market to gain growth potential in the coming time zone. Moreover, Qatar being the richest city in the world, has a vast number of projects ongoing throughout the year and, this is estimated to shape the Qatar facility management market completive market landscape in the impending period. 

Market Analysis by End-user

Based on end-users, the retail and commercial sectors accounted for a leading share of market demand followed by the government & public administration segment. With the increase in FDI in the retail and commercial sectors, the country would witness an increase in the number of construction projects in the retail and commercial sectors leading to the demand for the facility management market over the coming years.

COVID-19 Impact on Qatar Facility Management Market

The outburst of the coronavirus pandemic has disrupted the growth of almost every industry. The Qatar Facility Management Market also suffered a major setback due to the restrictions imposed by the government. 

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key players in the market

Some of the key players in the Qatar Facility Management Market are:

• Mosanada Facilities Management Services.
• Engie Cofely.
• Al-Asmakh Facilities Management W.L.L.
• COMO Facilities Management Services.
• OCS Qatar LLC.
• CBM Qatar LLC.
• Elegancia Group.
• Al Tamyoz Business Group.

Key Highlights of the Report:

• Qatar Facility Management Market Overview
• Qatar Facility Management Market Outlook
• Qatar Facility Management Market Forecast
• Historical Data of Qatar Facility Management Market Revenues for the Period 2016-2019
• Qatar Facility Management Market Size and Qatar Facility Management Market Forecast of Revenues, Until 2026
• Historical Data of Qatar Facility Management Market Revenues, By Services, for the Period 2016-2019
• Market Size & Forecast of Qatar Facility Management Market Revenues, By Services, until 2026
• Historical Data of Qatar Facility Management Market Revenues, By Solutions, for the Period 2016-2019
• Market Size & Forecast of Qatar Facility Management Market Revenues, By Solutions, until 2026
• Historical Data of Qatar Facility Management Market Revenues, By End-Users, for the Period 2016-2019
• Market Size & Forecast of Qatar Facility Management Market Revenues, By End-Users, until 2026
• Historical Data of Qatar Facility Management Market Revenues, By Regions, for the Period 2016-2019
• Market Size & Forecast of Qatar Facility Management Market Revenues, By Regions, until 2026
• Market Drivers and Restraints
• Qatar Facility Management Market Trends
• Market Opportunity Assessment
• Qatar Facility Management Market Share, By Regions
• Qatar Facility Management Market Share, By Players
• Qatar Facility Management Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Qatar Facility Management Market report provides a detailed analysis of the following market segments:

By Solutions:

• Facility Environment Management
• Facility Property Management
• Building Information Modelling
• Facility Operations and Security Management
• Others

By Services:

• Auditing and Quality Assessment
• Support and Maintenance
• Service Level Agreement Management
• Deployment and Integration
• Consulting

By End-Users:

• IT and Telecom
• Retail and Commercial
• Energy and Utilities
• Construction and Real Estate
• BFSI
• Educational Institutes
• Healthcare
• Manufacturing
• Government and Public Administration
• Others

By Regions:

• Northern Region
• Southern Region