The Kuwaiti facility management market is expected to grow at a CAGR of 8.5% between 2021 and 2030, owing to the booming hospitality sector and upcoming infrastructure projects in the country. According to P&S Intelligence, the industry was valued at $954.4 million in 2021, and it will generate $1,995.5 million revenue by 2030. In recent...
Showing posts with label Facility Management Market. Show all posts
Showing posts with label Facility Management Market. Show all posts
Why will Demand for Facility Management Services Soar in Asia-Pacific in Coming Years?
The expansion of the construction, hospitality, and tourism industries is one of the major factors driving the demand for facility management services across the world. Furthermore, the rising urbanization rate, rapid economic progress, and the launch of smart city and infrastructural development projects by the governments of several countries are...
Surging Construction Activities Driving Demand for Facility Management in Saudi Arabia
With the expansion of the infrastructure industry, the demand for facility management services is surging in Saudi Arabia. The country has witnessed the launch of several construction projects in the recent years, and this trend will continue in the coming years, due to strong...
