Key Findings

Residential units would be a major booming segment to focus on due to the rising younger population, ex-pats, government-sponsored affordable housing programs to the poor population.
In future years, companies need to increase their service portfolio adding new building management, energy management services and other as per the changing demand patterns.
Rapid real estate development in terms of smart city development, new infrastructure developments, and focus on tourism and hospitality promotion are the supporting factor for commercial facility management services revenue.

Focus on Green Building Management: Green buildings aim at increasing the efficiency of resource usage while minimizing their negative impact on humans and surroundings. Saudi Arabia Green Building Forum is a providing leadership and encouraging collaboration in conducting environmentally sustainable practices for green building design and development.

Inclusion in Real Estate Plans: Facility managers are consulted at the start of the design phase to provide feedback on effective utilization of project area, landscaping, fire and safety systems and lifecycle cost analysis of the building. International companies are forming a strategic alliance with local companies to penetrate the Saudi Market. Examples: Zamil group and International Maritime Industries launch OSV joint venture. The new joint venture would address the needs of the local market but also go beyond that and compete in the regional and international arena.

New Trends: Growing trend towards adopting sustainable practices is also expected to contribute positively to the demand for Facility management services. The share of Integrated Facility management (Total Energy management) would increase due to changes in customer preference, cost and operational efficiency. Growth in construction activities, banking, IT and telecommunication sectors have increased the demand for IFM services as more companies have begun outsourcing their non-core activities. Increasing number of multinational companies have begun outsourcing contracts for integrated facilities management.

Analysts at Ken Research in their latest publication “KSA Facility Management Market Outlook to 2026F- Driven by the government initiatives to promote Tourism along with Saudi Vision 2030 and infrastructure developments in the country” By Ken Research observed that Facility Management market is an emergent market in KSA at a rebounding stage from the economic crisis after pandemic. The rising government policies and demand for facility services, inclusion in real estate plans along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 7.8% CAGR during 2021-2026F owing to the rise in economy of the country, increasing consciousness towards looks and new government policies.

Key Segments Covered in the report

KSA Facility Management Market

By Type of Services
Soft Services
Hard Services
By Soft Services
Housing keeping
Security
Landscaping
Others
By Hard Services
Electromechanical Services (including HVAC)
Operations and Maintenance Services
Fire Safety and Security Systems
By Service Type
Integrated facility management (IFM)
Bundled services
Single services

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By End User Sector
Commercial (Includes Offices, retail, infrastructural)
Residential
Industrial
By Personal Type
Outsourced Personnel
In-House Personnel

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Key Target Audience

Factories
Plants and Industries
Hotels
Hospitals
Malls
Companies and offices
Tourism Agencies
Government Bodies & Regulating Authorities
Facility management companies
Real estate companies

Time Period Captured in the Report:

Historical Period: 2016-2021
Forecast Period: 2021-2026F

Companies Covered:

Al Yamama
Aljahrary Overseas
Zahran Operations & Maintenance
Zamil Operations and Maintenance
Almaja G4sl Facility Management
Initial Saudi
Safari
ENOVA
Nesma United
Alborj Facility Managment
Khidmaah
Saudi Emcor (EFS)
Musanadah Facilities Management (MFM) 
El Seif (ESOM)

Key Topics Covered in the Report

Saudi Arabia Real Estate Market Overview, 2021
Major Real Estate Giga Projects in Saudi Arabia
Saudi Arabia Facility Management Market Ecosystem
Business Cycle, Genesis and Timeline of Saudi Arabia Facility Management Market
Value Chain & Vendor Selection Process of KSA Facility Management Market
Business Acquisition Process in Saudi Arabia Facility Management Market
Saudi Arabia Facility Management Market Size, 2021
Saudi Arabia Facility Management Market Segmentation, 2021
SWOT Analysis of Saudi Arabia Facility Management Market
Key Growth Drivers in Facility Management Market in Saudi Arabia
Trends and Developments in Saudi Arabia Facility Management Market
Major Challenges Faced by the Saudi Arabia Facility Management Market
Competition Framework for Saudi Arabia Facility Management Market
Future Outlook and Projections of the Industry, 2021-2026F
Market Opportunities and Analyst Recommendations

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