The smart city initiative launched by the Saudi government aims to boost infrastructure development in urban areas. Due to the subsequent surge in construction activities, the Saudi Arabian facility management market value is expected to increase from $31,264.1 million in 2020 to $87,216.0 million by 2030, at an 11.1% CAGR between 2020 and 2030. Among the under-construction mega projects in the kingdom currently are AMAALA, QIDDIYA, King Salman Park, Red Sea project, Diriyah Gate, Jabal Omar, King Abdullah Financial District, and NEOM City.
Additionally, the government plans to integrate smart cameras, smart solid waste disposal, smart parking, smart lighting, and pollution monitoring tools into five cities. Another key factor that will propel the Saudi Arabian facility management market growth will be the rising travel and tourism activities. To cater to the increasing number of visitors and further boost this sector, new resorts and tourist attractions are being developed, which will require various facility management services after they are commissioned.
During the COVID-19 pandemic, a major part of the country, including its tourist attractions, religious places, hospitality units, commercial spaces, and many factories, was shut down. This negatively impacted the Saudi Arabian facility management market, as the shutting down of end-user facilities killed the demand for such services.
Saudi Arabia Facility Management Market Segmentation Analysis
In the years to come, the cleaning service category will witness the fastest growth in the Saudi Arabian facility management market. Due to the COVID-19 pandemic, the awareness on hygiene has risen massively, since the virus is transmitted via nasal droplets accumulating on hands and objects that haven’t been sanitized.
The business and corporate category held the largest share in the Saudi Arabian facility management market in the past, based on end user. To reduce its dependence on oil trade, the government is offering support to the private sector. This is leading to the development of office spaces, which is propelling the demand for various facility management services in the business and corporate sector.
Throughout this decade, the in-house bifurcation, under the mode segment, will keep dominating the Saudi Arabian facility management market. In-house employees can be expected to do a more-thorough job than third parties, especially in the areas of catering, asset management, and security. This is why most end users in the kingdom prefer to take care of their facility management needs by themselves.
The highest CAGR in the Saudi Arabian facility management market, under segmentation by type, of 11.9%, is predicted to be seen in the soft services category. Public and private entities in the kingdom are generating an increasing demand for cleaning, catering, security, support, and other non-technical services. This service demand is now being fulfilled by third-party companies, thereby driving the industry.
Presently, the higher revenue in the Saudi Arabian facility management market, on the basis of sector, is generated by the private bifurcation. The kingdom’s efforts to diversify its economy have led to the growth of private-sector companies in the last few years.
The major players in the Saudi Arabian facility management market include Muheel Services LLC, APSG Group, Safari Group, AMNCO, Khidmah LLC, EFS Facilities Services Group Limited, Enova Facility Management, Nesma Trading Co. Ltd., Musanadah Facilities Management Co. Ltd., Al Borj Facility Management, Al Hajry Overseas Co. Ltd., Petrojana, Zahran Holding Company, FMCO, Initial Saudi Group, CBRE Group Inc., Jones Lang LaSalle Incorporated, and Al Yamama Group.
Table of Contents
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Service
1.3.2 Market Segmentation by End User
1.3.3 Market Segmentation by Mode
1.3.4 Market Segmentation by Type
1.3.5 Market Segmentation by Sector
1.3.6 Analysis Period
1.3.7 Market Data Reporting Unit
1.3.7.1 Value
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.1.1 Paid
2.1.2 Unpaid
2.1.3 Publisher Database
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By industry participant
2.2.1.2 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Currency Conversion Rates
2.6 Assumptions for the Study
2.7 Notes & Caveats
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Service
4.1.1.1 Property
4.1.1.1.1 HVAC maintenance
4.1.1.1.2 Mechanical and electrical maintenance
4.1.1.1.3 Others
4.1.1.2 Cleaning
4.1.1.3 Security
4.1.1.4 Catering
4.1.1.5 Support
4.1.1.6 Environmental management
4.1.1.7 Others
4.1.2 By End User
4.1.2.1 Business and corporate
4.1.2.2 Education
4.1.2.3 Industry and manufacturing
4.1.2.4 Healthcare
4.1.2.5 Public administration
4.1.2.6 Hospitality
4.1.2.7 Construction
4.1.2.8 Others
4.1.3 By Mode
4.1.3.1 In-house
4.1.3.2 Outsourced
4.1.3.2.1 Integrated
4.1.3.2.2 Bundled
4.1.3.2.3 Single
4.1.4 By Type
4.1.4.1 Hard services
4.1.4.2 Soft services
4.1.4.3 Other services
4.1.5 By Sector
4.1.5.1 Private
4.1.5.1.1 Outsourced
4.1.5.1.2 In-house
4.1.5.2 Public
4.1.5.2.1 Outsourced
4.1.5.2.2 In-house
4.2 Market Dynamics
4.2.1 Trend
4.2.1.1 Economic Diversification
4.2.1.2 Other trends
4.2.2 Drivers
4.2.2.1 Increasing construction activities in the country
4.2.2.2 Growing tourism industry
4.2.2.3 Impact analysis of drivers on market forecast
4.2.3 Restraints
4.2.3.1 Legal marketplace of the country
4.2.3.2 Impact analysis of restraints on market forecast
4.2.4 Opportunities
4.2.4.1 Increasing demand of outsourcing facility management services
4.3 Impact of COVID-19
4.4 Key Technologies in Facility Management Market
4.5 Porter's Five Forces Analysis
4.5.1 Bargaining Power of Buyers
4.5.2 Bargaining Power of Suppliers
4.5.3 Intensity of Rivalry
4.5.4 Threat of New Entrants
4.5.5 Threat of Substitutes
Chapter 5. Saudi Arabia Market Size and Forecast
5.1 By Service
5.1.1 Property, by Type
5.2 By End User
5.3 By Mode
5.3.1 Outsourced, by Type
5.4 By Type
5.5 By Sector
5.5.1 Public Sector, by Mode
5.5.2 Private Sector, by Mode
Chapter 6. List of Mega Projects
Chapter 7. Key Facility Management Players and Projects
Chapter 8. Competitive Landscape
8.1 Key Offerings of Key Players
8.2 List of Other Players
8.3 Strategic Developments in the Market
8.3.1 Client Wins
8.3.2 Other Developments
Chapter 9. Company Profiles
9.1 Muheel Services LLC
9.1.1 Business Overview
9.1.2 Product and Service Offerings
9.2 Safari Group
9.2.1 Business Overview
9.2.2 Product and Service Offerings
9.3 APSG Group
9.3.1 Business Overview
9.3.2 Product and Service Offerings
9.4 AMNCO
9.4.1 Business Overview
9.4.2 Product and Service Offerings
9.5 EFS Facilities Services Group Limited
9.5.1 Business Overview
9.5.2 Product and Service Offerings
9.6 Khidmah LLC
9.6.1 Business overview
9.6.2 Product and service offerings
9.7 Enova Facility Management
9.7.1 Business overview
9.7.2 Product and service offerings
9.8 Musanadah Facilities Management Co. Ltd.
9.8.1 Business overview
9.8.2 Product and service offerings
9.9 Nesma Trading Co. Ltd.
9.9.1 Business overview
9.9.2 Product and service offerings
9.10 Al Borj Facility Management
9.10.1 Business overview
9.10.2 Product and service offering
9.11 Petrojana
9.11.1 Business overview
9.11.2 Product and service offering
9.12 Al Hajry Overseas Co. Ltd.
9.12.1 Business Overview
9.12.2 Product and Service Offerings
9.13 Zahran Holding Company
9.13.1 Business Overview
9.13.2 Product and Service Offerings
9.14 Initial Saudi Group
9.14.1 Business Overview
9.14.2 Product and Service Offerings
9.15 FMCO
9.15.1 Business Overview
9.15.2 Product and Service Offerings
9.16 Jones Lang LaSalle Incorporated
9.16.1 Business Overview
9.16.2 Product and Service Offerings
9.16.3 Key Financial Summary
9.17 CBRE Group Inc.
9.17.1 Business Overview
9.17.2 Product and Service Offerings
9.17.3 Key Financial Summary
9.18 Al Yamama Group
9.18.1 Business Overview
9.18.2 Product and Service Offerings
Chapter 10. Appendix
10.1 Abbreviations
10.2 Sources and References
10.3 Related Reports
List of Tables
Table 1 Analysis Period Of The Study
Table 2 Drivers For The Market: Impact Analysis
Table 3 Restraints For The Market: Impact Analysis
Table 4 Saudi Arabia Major Upcoming/Ongoing Projects
Table 5 Saudi Arabia Facility Management Market, By Service, $M (2015-2020)
Table 6 Saudi Arabia Facility Management Market, By Service, $M (2021-2025)
Table 7 Saudi Arabia Facility Management Market, By Service, $M (2026-2030)
Table 8 Saudi Arabia Facility Management Market For Property, By Type, $M (2015-2020)
Table 9 Saudi Arabia Facility Management Market For Property, By Type, $M (2021-2025)
Table 10 Saudi Arabia Facility Management Market For Property, By Type, $M (2026-2030)
Table 11 Saudi Arabia Facility Management Market, By End User, $M (2015-2020)
Table 12 Saudi Arabia Facility Management Market, By End User, $M (2021-2025)
Table 13 Saudi Arabia Facility Management Market, By End User, $M (2026-2030)
Table 14 Saudi Arabia Facility Management Market, By Mode, $M (2015-2020)
Table 15 Saudi Arabia Facility Management Market, By Mode, $M (2021-2025)
Table 16 Saudi Arabia Facility Management Market, By Mode, $M (2026-2030)
Table 17 Saudi Arabia Outsourced Facility Management Market, By Type, $M (2015-2020)
Table 18 Saudi Arabia Outsourced Facility Management Market, By Type, $M (2021-2025)
Table 19 Saudi Arabia Outsourced Facility Management Market, By Type, $M (2026-2030)
Table 20 Saudi Arabia Facility Management Market, By Type, $M (2015-2020)
Table 21 Saudi Arabia Facility Management Market, By Type, $M (2021-2025)
Table 22 Saudi Arabia Facility Management Market, By Type, $M (2026-2030)
Table 23 Saudi Arabia Facility Management Market, By Sector, $M (2015-2020)
Table 24 Saudi Arabia Facility Management Market, By Sector, $M (2021-2025)
Table 25 Saudi Arabia Facility Management Market, By Sector, $M (2026-2030)
Table 26 Saudi Arabia Public Facility Management Market, By Mode, $M (2015-2020)
Table 27 Saudi Arabia Public Facility Management Market, By Mode, $M (2021-2025)
Table 28 Saudi Arabia Public Facility Management Market, By Mode, $M (2026-2030)
Table 29 Saudi Arabia Private Facility Management Market, By Mode, $M (2015-2020)
Table 30 Saudi Arabia Private Facility Management Market, By Mode, $M (2021-2025)
Table 31 Saudi Arabia Private Facility Management Market, By Mode, $M (2026-2030)
Table 32 List Of Mega Projects And Master Plan
Table 33 Facility Management Contracts Awarded In Mega Projects
Table 34 Opportunities For Facility Management Providers In Mega Projects
Table 35 Sector Focus Of Key Facility Management Players And Their Projects
Table 36 List Of Other Players
Table 37 Muheel Services Llc - At A Glance
Table 38 Safari Group - At A Glance
Table 39 Apsg Group - At A Glance
Table 40 Amnco - At A Glance
Table 41 Efs Facilities Services Group Limited - At A Glance
Table 42 Khidmah Llc - At A Glance
Table 43 Enova Facility Management- At A Glance
Table 44 Musanadah Facilities Management Co. Ltd. - At A Glance
Table 45 Nesma Trading Co. Ltd. - At A Glance
Table 46 Al Borj Facility Management - At A Glance
Table 47 Petrojana - At A Glance
Table 48 Al Hajry Overseas Co. Ltd. - At A Glance
Table 49 Zahran Holding Company - At A Glance
Table 50 Initial Saudi Group - At A Glance
Table 51 Fmco - At A Glance
Table 52 Jones Lang Lasalle Incorporated - At A Glance
Table 53 Jones Lang Lasalle Incorporated - Key Financial Summary
Table 54 Cbre Group Inc. - At A Glance
Table 55 Cbre Group Inc. - Key Financial Summary
Table 56 Al Yamama Group - At A Glance
List of Figures
Fig 1 Research Scope
Fig 2 Research Methodology
Fig 3 Breakdown Of Primary Research By Industry Participant
Fig 4 Breakdown Of Primary Research By Company Type
Fig 5 Data Triangulation Approach
Fig 6 Currency Conversion Rates For Usd (2020)
Fig 7 Saudi Arabia Facility Management Market Summary
Fig 8 Porter's Five Forces Analysis
Fig 9 Saudi Arabia Facility Management Market Snapshot
Fig 10 Saudi Arabia Facility Management Market, By Service, $M (2015-2030)
Fig 11 Saudi Arabia Facility Management Market For Property, By Type, $M (2015-2030)
Fig 12 Saudi Arabia Facility Management Market, By End User, $M (2015-2030)
Fig 13 Saudi Arabia Facility Management Market, By Mode, $M (2015-2030)
Fig 14 Saudi Arabia Outsourced Facility Management Market, By Type, $M (2015-2030)
Fig 15 Saudi Arabia Facility Management Market, By Type, $M (2015-2030)
Fig 16 Saudi Arabia Facility Management Market, By Sector, $M (2015-2030)
Fig 17 Saudi Arabia Public Facility Management Market, By Mode, $M (2015-2030)
Fig 18 Saudi Arabia Private Facility Management Market, By Mode, $M (2015-2030)
Fig 19 Key Offerings Of Key Players In Saudi Arabia Facility Management Market
Fig 20 Jones Lang Lasalle Incorporated - Revenue Split By Segment And Geography (2020)
Fig 21 Cbre Group Inc. - Revenue Split By Segment And Geography (2020)
Companies Mentioned
- Al Borj Facility Management
- Al Hajry Overseas Co. Ltd.
- Al Yamama Group
- AMNCO
- APSG Group
- CBRE Group Inc.
- EFS Facilities Services Group Limited
- Enova Facility Management
- FMCO
- Initial Saudi Group
- Jones Lang LaSalle Incorporated
- Khidmah LLC
- Muheel Services LLC
- Musanadah Facilities Management Co. Ltd.
- Nesma Trading Co. Ltd.
- Petrojana
- Safari Group
- Zahran Holding Company
Methodology
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