Saudi Arabia Facility Management Industry to Surpass USD 33.38 Billion by 2030– Says Markntel Advisors

The “Saudi Arabia Facility Management Market Research Report: By Type (Hard, Soft, Risk, Administrative), By Operating Model (In-House, Outsourced), By Service Delivery (Integrated, Bundled, Single Services), By End-User (Commercial, Residential, Government, Retail, Education, Healthcare, Hospitality, Others), By Enterprise Size (Large, Mid-Size, Small) and others Forecast (2025-2030)”, Report offered by Markntel Advisors.

According to the report, the Saudi Arabia Facility Management Market size was valued at around USD 27.29 billion in 2025 and is projected to reach USD 33.38 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.11% during the forecast period, i.e., 2025-30. This flourishing growth is further attributed to the rapidly rising infrastructure development projects coupled with growing construction activities in Saudi Arabia. Additionally, the integration of the IoT and industrial automation in FM, paired with employee engagement programs, and other prominent components augments the industry growth and expansion.

Hard Services Projected to Dominated Industry Growth with Potential Shares

Based on type, the industry is subdivided into hard, soft, risk, and administrative, out of which the hard service segment is expected to uplift the highest share. This robust growth is accelerated owing to the rising demand for plumbing, electrical systems, mechanical services, fire protection services, heating and cooling systems, lighting, building maintenance, and others. Additionally, the growing construction projects across Saudi Arabia are also raising the demand for facility management services.

Outsourced Model to Experienced Significant Growth in Forthcoming Years

Outsourced model is anticipated to exhibit robust shares owing to the increasing trend of businesses outsourcing their non-core activities to specialized service providers. The growth in this segment is particularly notable in major cities like Riyadh, Jeddah, Makkah, and the Dammam Metropolitan Area, where organizations are increasingly recognizing the benefits of outsourcing facility management services to improve operational efficiency and reduce costs.

Key Attributes

• Forecast Period: 2025-30
• Estimated Market Value (USD) in 2024: USD 27.29 Billion
• Forecasted Market Value (USD) by 2030: USD 33.38 Billion
• Compound Annual Growth Rate: 4.11%

Key Topics Covered:

Executive Summary

• Saudi Arabia Facility Management Market, 2020-2030 (USD Billion)
• The Outsourced segment leads the growth by holding significant shares
• The Hard services segment projected to undergo substantial growth and expansion

Market Dynamics:

Drivers

• Growing demand for efficient space and energy management solutions
• Rising inclination towards innovative technologies such as IoT, AI, and ML
• Increasing Public-Private-Partnership and energy management
• Mounting infrastructure development and real estate sector
• Supporting government initiatives
• Inclination towards green and sustainable building practices

Challenges

• Rising number of cyber threats and data breaches
• Inadequate stable FM contracts and resources
• Stringent regulations, compliance requirements, and varying industry standards

Key Market Players and Recent Updates: Strengthening the Industry Growth

Highlighting the recent update that demonstrates the further growth and market expansion:

• SIERRA in 2024 introduced its groundbreaking eFACiLiTY Enterprise Facility Management Software, which is touted as the most extensive solution for Computer-Aided Facilities Management (CAFM) and Integrated Workplace Management Systems (IWMS) available globally.
• Diriyah Company in 2024 initiated the construction of a premier office complex at Diriyah Square, enhancing its portfolio aimed at supporting the business sector. This ambitious project will feature five sustainable, low-rise office buildings, combining to provide approximately 39,000 square meters of gross leasable area (GLA) and an impressive gross floor area (GFA) approaching 47,000 square meters.
• ENGIE Solutions in 2024 has transformed Facility Management with its involvement in the International Maritime Industries Mega Project in Saudi Arabia. ENGIE Solutions is pioneering new standards in facility management through its strategic contributions to this major initiative, enhancing operational efficiency and sustainability in the maritime industry within Saudi Arabia.

Additionally, to strengthen their market position, certain market players such as ENGIE Solutions, Khidmah LLC, Interserve Plc, Enova Facility Management Services LLC, Rezayat Group, Musanadah Facilities Management Co. Ltd., Nesma Trading Co. Ltd., Al Borj International, Petrojana, Al Hajry Overseas Co. Ltd., and Others, are operating, not only to raise revenue but also to seek comprehensive attention and popularity from large customers. Therefore, looking forward to futuristic growth and betterment.

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