Qatar Facility Management Market (2023-2029) | Analysis, Share, Companies, Trends, Value, Revenue, Growth, Size, Forecast, Industry & COVID-19 IMPACT

Qatar Facility Management Market Highlights

Report Name	Qatar Facility Management Market
Base Year	2022
Historical Period	2019-2022
Forecast Period	2023-2029
Growth Rate (CAGR)	9.67%
Report Coverage	Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share
Segment Coverage	By Component, By Deployment Mode, By Organization Size, By Vertical
Customization Scope	100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com
Pricing and Purchase Options	Avail customization purchase option to know the exact pricing of your research needs

Topics Covered in Qatar Facility Management Market Report

Qatar Facility Management Market Report thoroughly covers the market by component, deployment mode, by organization size, and vertical. The outlook report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Qatar Facility Management Market Synopsis

Qatar Facility Management Market is likely to grow in the forecast period facility management plays a crucial role in optimizing operations across diverse sectors. In healthcare, education, retail, energy, utilities, and manufacturing, facility management has become an integral component to ensure seamless operations and improve end-user satisfaction.

According to 6Wresearch, Qatar Facility Management Market size is projected to reach USD 6.70 billion and grow at a CAGR of 9.67% to reach USD 9.89 billion during 2023-2029. The rapid urbanization and infrastructure development projects in Qatar have created a growing demand for professional facility management services to ensure the effective functionality and maintenance of commercial, residential, and public buildings. The increasing focus on sustainability and energy efficiency has prompted businesses and organizations to seek facility management solutions that can optimize resource consumption and reduce environmental impact. The need for cost-effective solutions has given rise to the of facility management services, especially among large enterprises. There are certain challenges prevalent in the market that have reduced Qatar Facility Management Market Share. There is a need for skilled manpower and workforce development in facility management to meet the growing demand for specialized There is increased awareness of the benefits of outsourcing facility management services but some organizations still prefer in-house management, leading to market competition. The economic fluctuations and budget constraints heavily impact businesses and government entities to invest in facility management services.

COVID-19 Impact on Qatar Facility Management Market

The COVID-19 pandemic had a notable impact on the Facility Management Market in Qatar. The market experienced disruptions due to lockdowns and restrictions, leading to delayed facility management projects and a reduction in demand for some services. As organizations and businesses adapted to the new normal, the importance of facility management in ensuring safe workplaces became prominent. There was a major focus on hygiene, health, and safety measures, leading to increased demand for cleaning, sanitization, and preventive maintenance services. Remote monitoring and automation solutions gained prominence as they allowed for contactless facility management. The pandemic boosted the adoption of digital technologies and cloud-based solutions to amplify operational efficiency and cost-effectiveness.  The success of the market during the crisis can be attributed to the fact that the market is an integral part of the Middle East Management Market

Qatar Facility Management Market: Key players

These are the major players in the Qatar Facility Management Industry who are ensuring seamless operations and improving end-user satisfaction in the facility management market domain.

• Qatar Integrated Facility Management (QIFM)
• Cofely Besix Mannai Facility Management
• Tadmur Trading W.L.L.
• Al Asmakh Facilities Management Company
• Al Faisal Without Borders Foundation (ALFFB)
• CBRE Qatar
• Imdaad Qatar
• Al Futtaim Engineering
• Alfardan Properties
• Khidmah Qatar
• Al Tamyoz Business Group

Market by Component

Based on components, the market is segmented into Solutions and Services. The solution segment is expected to have a major share in the market as it helps organizations streamline their operations, improve efficiency, and reduce costs.

Market by Deployment Mode

According to Dhaval, Research Manager, 6Wresearch, Cloud-based facility management solutions have witnessed a growth trajectory due to their flexibility and scalability. They offer real-time data access and remote management.

Market by Organisation Size

Based on organization size, the large enterprises will accelerate Qatar Facility Management Market Growth in the forecast period on account of the adoption of facility management solutions to optimize operations, ensure compliance, and manage extensive facilities efficiently.

Market By Verticals

The BFSI sector is expected to dominate the market as it prioritizes security and this factor has led to increased adoption of facility management solutions.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Qatar Facility Management Market Outlook
• Market Size of Qatar Facility Management Market, 2022
• Forecast of Qatar Facility Management Market, 2029
• Historical Data and Forecast of Qatar Facility Management Revenues & Volume for the Period 2019 - 2029
• Qatar Facility Management Market Trend Evolution
• Qatar Facility Management Market Drivers and Challenges
• Qatar Facility Management Price Trends
• Qatar Facility Management Porter's Five Forces
• Qatar Facility Management Industry Life Cycle
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Component for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Solutions for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Services for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Deployment Mode for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Cloud for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By On-premises for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Organization Size for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Large Enterprises for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Small and medium-sized enterprises (SMEs) for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Vertical for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By BFSI for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By IT and Telecom for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Government and Public Administration for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Healthcare for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Education for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Retail for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Energy and Utilities for the Period 2019 - 2029
• Historical Data and Forecast of Qatar Facility Management Market Revenues & Volume By Manufacturing for the Period 2019 - 2029
• Qatar Facility Management Import Export Trade Statistics
• Market Opportunity Assessment By Component
• Market Opportunity Assessment By Deployment Mode
• Market Opportunity Assessment By Organization Size
• Market Opportunity Assessment By Vertical
• Qatar Facility Management Top Companies Market Share
• Qatar Facility Management Competitive Benchmarking By Technical and Operational Parameters
• Qatar Facility Management Company Profiles
• Qatar Facility Management Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments

By Component

• Solutions
•  Services

By Deployment Mode

• Cloud
• On-Premise

By Organisation Size

• Large Enterprises
• Small And Medium-Sized Enterprises (SMEs)

 By Verticals

• BFSI
• IT And Telecom
• Government And Public Administration
• Healthcare
• Education
• Retail
• Energy And Utilities
• Manufacturing