July 2017 Qatar Facilities Management Market Outlook to 2021
Executive Summary
Qatar Facilities Management Market Outlook to 2021- Ken Research
Ken Research announced its latest publication on “ Qatar Facilities Management Market Outlook to 2021 - Increasing Infrastructural Developments and Outsourcing of Hard Services to Foster Future Growth ” suggested a rapid growth in Qatar Facilities Management market majorly driven by expanding real estate and construction industry in the country . The facilities management market of the country has been further explained with details on market share contributed by major service providers in various regions of Qatar . The stakeholders of this report include facilities management service providers , companies involved in research , real estate and infrastructure developers in Qatar and the new entrants and venture capitalists who wish to invest in facilities management market in future . Detailed comparative analysis of major FM service providers has also been provided . Various marketing analysis factors such as trends and developments and SWOT analysis are also added in the study . The future analysis of the overall Qatar Facilities Management market has also been discussed along with recommendations from analyst view .
Qatar Facilities Management Market The growing GDP of Qatar made the country to be positioned among the top ten fastest growing economies of the world in 2016 . This invited international players to invest in various sectors of the nation , thereby leading to the growth of the overall facilities management market during the same period . Facilities management market in the Qatar increased to USD ~ million in 2016 from USD ~ million in 2011 , marking a robust CAGR of ~% during the same period . Establishment of The Sheraton Park , Sidra Medical Research Centre and Western Green Spine in Doha between 2014 and 2016 raised the demand for facilities services providers in the country , which offered manpower and other technical resources to the developers .
Qatar Facilities Management Market Segmentation Hard services require technical assistance and expert knowledge of the service providers . Basic services provided under this segment include fire safety and security systems required by all sectors in Qatar , technical operations and maintenance , electromechanical services and HVAC services . Since customers have to incur heavy expenditure for undertaking hard services , this segment dominated the market with ~% revenues of facilities management services in 2016 . Most revenues in the facilities management market were generated through the integrated services wherein market players offered almost all type of facilities services to the clients . Since prices of collective services are higher than individual or a combination of few services , this segment dominated the overall market with a share of ~% in the revenues in 2016 .
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