Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Technology Strategy Based on AI and Robotics to Deliver More Efficient FM Services
* Required Fields
Pay by invoice
Although the COVID-19 pandemic has devastated the global economy, the GCC facilities management (FM) market has been among the lesser impacted industries. This study covers the reasons why and offers the results of Frost & Sullivan’s extensive engagement survey (in collaboration with MEFMA) of key industry players active in the region. In particular, companies from the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE) dominate the industry by market share and technology adoption. This study outlines the market’s growth potential, competitive environment, key disruptive trends, and growth drivers and challenges. The research covers market demand and outlook for both hard and soft services across the region, considering the COVID-19 pandemic and in general terms. Extensive commentary is included on the impact of the pandemic, response strategies, and the resulting changes that will be adopted by industry stakeholders in the near future.In addition, this research explores the strategic imperatives and next steps service providers must consider, growth opportunities available to existing players and new entrants, and revenue forecasts. The product segments covered are residential cooling systems, light commercial cooling systems, and commercial cooling systems. The geographic coverage is confined to the GCC. The market is forecast to grow at a compound annual growth rate (CAGR) of 6.1% from 2019 to 2024. UAE is the fastest growing market in the region, followed by KSA. Artificial intelligence (AI) and robotics, machine learning, Internet of Things (IoT), and Industry 4.0 are the key technologies that are disrupting the industry as service providers continue to recognize the synergies and paybacks that technology implementation offers in both financial savings and operational efficiency.Frost & Sullivan research finds that the region was well prepared to handle the COVID-19 pandemic, and companies with robust business continuity plans were quick to rebound and capitalize on the opportunities presented.Author: Nideshna Naidu
Global Li-Fi and Optical Camera Communications Growth Opportunities
Top 50 Companies Accelerating Digitalization in the Global Homes and Buildings Industry
North American Heating, Ventilation, and Air Conditioning Growth Opportunities
Italian Facilities Management Growth Opportunities
Southeast Asia Facilities Management Emerging Business Models and Growth Opportunities
New Zealand Facilities Management Growth Opportunities
Southeast Asian District Cooling Growth Opportunities
Singapore Facilities Management Cost Tracker, 2021
Thailand Residential and B2B Solar Rooftop Installations, Forecast to 2026
North American Energy Saving and Performance Contracting Growth Opportunities
power electronics market
food waste market
diabetes devices market
energy storage market
augmented reality market
composite materials market
food preservatives market
electric vehicle market analysis
fleet management market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.