GCC Facility Management Market Expected to Rise at a CAGR of 9.1% during 2024-2032
Facility Management Market - GCC Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 9.1% (2024-2032) According to the latest report by IMARC Group, the GCC facility management market size is projected to grow at a CAGR of 9.1% from 2024 to 2032 . The market is expanding rapidly, driven by infrastructure growth, urbanization, and increased demand for integrated services. GCC Facility Management Market Trends and Drivers Robust Market Growth: The GCC facility management market is expanding rapidly, driven by the growth of the construction and real estate sectors across the region. Increased Demand : The rise in commercial, residential, and industrial projects, along with a focus on building efficiency and sustainability, is fueling demand for facility management services. Government Initiatives : Vision 2030 and Vision 2021, which emphasize urban development and smart ...