Industry Overview
The Qatar Facility Management Market is predicted to grow at 9.24% CAGR during the forecast period with the market size reaching USD 12.1 billion by 2030. Different services such as property, cleaning, environmental management, security, support, catering, and others are majorly contributing to the facility management market size. The market has witnessed significant demand for property over the last few years due to its advantages such as minimal maintenance and repair price, reduced occupant turnover, support with taxes, rent collection, and small vacancy cycles.
Market Segmentation
Insight by Service
Based on the service, the facility management market is categorized into property, cleaning, environmental management, security, support, catering, and others of which property holds the largest share during the historical period in the facility management market due to its advantages such as minimal maintenance and repair price, reduced occupant turnover, support with taxes, rent collection, and small vacancy cycles. Moreover, the catering segment is predicted to grow at the fastest growth during the forecast period owing to the mounting tourism and hospitality industry.
The property segment is further subdivided into heating, ventilation, and air conditioning (HVAC) maintenance, mechanical and electrical maintenance, and others.
Insight by End User
Based on the end user, the Qatar facility management market is segmented into commercial, industrial, and residential. Of all, the commercial category is predicted to witness the highest CAGR of 9.0% during the forecast period and accounted for the largest share in the Qatar facility management market due to escalating alertness among end users for commercial building maintenance to minimize expenditure.
Insight by Mode
Based on mode, the Qatar facility management market is segmented into outsourced, and in-house. Of all, the in-house category accounted for the larger share of the market due to the elevated acceptance rate, long-standing existence, and comparatively low price. The outsourced segment is further subdivided into integrated, single, and bundled.
Facility management companies are placing prominence on providing integrated services as an alternative to standalone services, as it would facilitate them in growing their incomes as greater consumer inclination for integrated service offerings.
Insight by Type
Based on the type, the Qatar facility management market is segmented into hard, soft, and others. Of all, the hard category accounted for the largest share in the Qatar facility management market due to the high cost.
Global Qatar Facility Management Market Report Coverage
Report Metric
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Details
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Historical Period
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2018 - 2023
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Base Year Considered
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2024
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Forecast Period
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2025 - 2030
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Market Size in 2024
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U.S.D. Billion
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Revenue Forecast in 2030
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U.S.D. 12.1 Billion
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Growth Rate
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9.24%
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Segments Covered in the Report
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By Services, By Type, By Mode, By End User
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Report Scope
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Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
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Regions Covered in the Report
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Doha, Al Raayan, Al Khor, Al Wakrah, Al Daayen, Umm Salal, and Madinat ash Shamal
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Industry Dynamics
Industry Trends
The mounting infrastructural development in the country and escalating alertness regarding the protection of assets are the major trends in the Qatar facility management market.
Growth Drivers
The mounting infrastructure-based development such as commercial buildings and residential construction projects, relocation to support the development of major construction programs, and upcoming FIFA Cup 2022 in the country are the key factors leading to the growth in the Qatar facility management market.
Some of the other key factors driving the growth of the industry are the mounting need for outsourced facility management services, leading projects such as Vision Qatar 2030, Qatar Rail Development Program (QRDP), and National Tourism Sector Strategy 2030, and upcoming international mega-events in the country. Owing to the upcoming international mega-events in the country such as the FIFA World Cup, Gulf Expo, International Conference on Environment and Natural Science and others are creating immense demand for facility management services in Qatar. The upcoming events would result, in the need for hospitality services and infrastructure to provide accommodation resources for participants and guests from various countries.
Challenges
Key factors hindering the growth of the Qatar facility management market are strict labor laws and staffing policies.
Competitive Insight
Mosanada is Qatar’s preferred facilities management specialist. The company has excelled by leveraging its international pedigree with local knowledge to successfully deliver the full spectrum of facilities management services.
Confident Enterprises was formed as a result of its continuous demand for quality services in the State of Qatar. From the inception to date company has dramatically grown due to the expert team of management which is working in different sectors in the field of Facility Management, Logistics, Real Estate, Vegetable Import, Transportation, Safety Materials, Hospitality, Heavy Equipment Rentals, and Sewage Transportation.
Market players in the Qatar facility management industry are investing capital to develop technologically advanced systems.
Mosanada Facilities Management Services, Confident Enterprises WLL, CBM Qatar LLC, Cofely Besix Facility Management, Al Tamyoz Business Group, COMO Facilities Management Services, ASTAD, OCS Qatar LLC, Al-Asmakh Facilities Management WLL, Elegancia Hospitality & Facility Management Services, and Conserve Facility Management Co. WLL some of the key players offering solutions for facility management in Qatar.
Recent Developments by Key Players
Al Asmakh Real Estate takes over Fox Hills. Al Asmakh Real Estate is a property firm based in Doha, Qatar that has been the leading development company in Qatar for decades. Regency Residence Fox Hills by Al Asmakh Real Estate present the perfect mix of quality, comfort and luxury.
The Qatar Facility Management Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
- Service
- Property
- Heating, Ventilation, and Air Conditioning (HVAC) maintenance
- Mechanical and electrical maintenance
- Others
- Cleaning
- Environmental Management
- Security
- Catering
- Others
- End User
- Commercial
- Industrial
- Residential
- Mode
- Outsourced
- Integrated
- Single
- Bundled
- In-House
- Type
Geographical Segmentation
Facility Management Market by City
- Doha
- Al Rayan
- Al Khor
- Al Wakrah
- Al Daayen
- Umm Salal
- Madinat ash Shamal