With new technologies knocking on the doors of the world, everything is undergoing a rapid transformation to say the least. And, in this regard, facility management industry is also not left behind in any way. But, in this blog, we will not talk about the facility management in the world, but what are the current trends that are impacting the facility management of the gulf.

 The FM industry in the gulf has some trends going on, which are helping the industry to boost.

Without any further delay, lets take a dip into some of the common trends in the industry.

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Shifting Market Dynamics

Another trend can also be the shifting dynamics of the industry, chiefly the price points in FM contracts. Generally, there is a contract for about 3-5 years, or longer. There is a good chance that the contract will expire and can be replaced by some other party. Particularly if there is no upgradation or do something out of the ordinary.

If we talk about the past, tier one companies were often replaced by tier two FM companies with regards to pricing. However, recently, there has been an opposite trend, with the latter replaced by the former with regards to pricing.

Summing Up the Scene

The FM industry in the gulf is evolving quickly, with digital revolution and because of various other factors. Now, let us talk about the other factors that play a vital part in the increasing the demand for facility management is increasing in the gulf.

There is an increase in the construction activities in whole of the gulf, rising count of green building projects in the region. Apart from these, the growing tourism industry is also adding up to the demand for facility management solutions in the middle east.