Facility management (FM) encompasses building management methods and techniques, infrastructure management for an organisation, and methods of overall harmonisation of an organization's work environment. This system standardises services and streamlines processes for an organisation. The country's facility management industry is based on integrated contracts provided by large vendors and small local players focusing on single contracts and single-service solutions. Given the national dynamics, however, there are increasing opportunities to leverage facility management and corporate real estate in novel ways.
The COVID-19 outbreak acted as a catalyst for change, emphasising the importance of paying attention to facility management and service delivery. Offices, warehouses, retail stores, and manufacturing facilities, whether owned or leased, will all require careful planning and execution. Digital technologies have changed how real estate functions and facilities are used. It has reshaped the workplace and lifestyle by changing how, when, and where people work.
However, the uncertainty surrounding future labour and material costs makes it riskier to build propositions, which could be a significant impediment to the players' long-term contract bidding process. Furthermore, the COVID-19 outbreak has had a mixed economic impact on facility management companies. People's movement restrictions resulted in a decrease in project work and a lower level of activity at many customer sites.
Egypt Facility Management Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Contrack FM, Enova, EFS Facilities Management, IFMC – Apleona Group, Egypro-FME, CBRE, JLL, Qeema FM,G4S, Savills, ProService, Encorp Facility Management, Emdad Facility Management, Egypt Service.
Egypt Facility Management Market Segmentation:
By Type of Facility Management: Based on the Type of Facility Management, Egypt Facility Management Market is segmented as; Inhouse Facility Management, Outsourced Facility Management, Single FM, Bundled FM, Integrated FM.
By Offering Type: Based on the Offering Type, Egypt Facility Management Market is segmented as; Hard FM, Soft FM.
By End-User: Based on the End-User, Egypt Facility Management Market is segmented as; Commercial, Institutional, Public/Infrastructure, Industrial, Others.
By Region: This report also provide the data for key regional segments of Egypt; Suze Canal, Greater Cairo & Upper North Region, Asyut Region, South Upper Region.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.