Saudi Arabia Facility Management Market to Surge at a CAGR of 10.8% over 2025 to 2032; CBRE Group Acquired Full Spectrum Group to Provide Enhanced Solutions

Saudi Arabia facility management market size was valued at USD 25.75 billion in 2024. The market is projected to grow from USD 27.40 billion in 2025 to USD 56.33 billion by 2032, exhibiting a CAGR of 10.8% during the forecast period.

Fortune Business Insights™ presents this information in its report titled “Energy Management System Market Size, Share & Industry Analysis, By System Type (Home Energy Management System, Building Energy Management System, and Industrial Energy Management System), By End-user (Residential/Smart Homes and Commercial Building/Complex), By Application (Property Safety, Automation, Energy Distribution, Design, e-Mobility, and Others), By Industry (Oil & Gas, Manufacturing, Energy & Utilities, Automotive, Healthcare, and Others), and Regional Forecast, 2025-2032”.

Facility management involves the management techniques and methods focused on the infrastructure and building management of any organization. The growing popularity of these services for utilities, security, and cleaning management is poised to drive industry expansion over the coming years.

The growth is further supported by the Saudi 2030 Vision that plays a pivotal role in boosting economic development. The vision is projected to offer numerous opportunities for industry players across the tourism, heavy engineering, automotive, and construction sectors.  

The COVID-19 pandemic led to volatility in the supply and demand for facility services and disruptions in the supply chain. These factors had an adverse impact on the market.

Alesayi Holding Group Acquired Majority Stake in Initial Saudi Group to Expand its Service Portfolio

In September 2023, Alesayi Holding Group acquired 85% stake in Initial Saudi Group. The move was aimed at expanding Alesayi’s service offerings to meet the growing demand for manpower services for emerging industries. The move was also centered on harnessing emerging opportunities within the Saudi Vision 2030 framework.

According to the Alesayi, the acquisition would help position the company as a provider of integrated solutions and services across various sectors within the Kingdom of Saudi Arabia. Operating through two key companies, Workforce Saudia and Initial Facilities Management, Initial Saudi Group offers a range of services across Saudi Arabia, including landscape, pest control, support, engineering, security, and cleaning.

Adoption of Various Technologies to Enhance Operational Efficiency to Impel Industry Growth

Over the recent years, the market has recorded the rapid adoption of technology for revolutionizing service delivery and operations. One of the instances is the deployment of IoT (Internet of Things) sensors and devices within buildings for collecting real-time data on equipment functionality, occupancy rates, and energy consumption.

In addition, predictive analytics is gaining popularity considering its assistance in analyzing energy consumption patterns, maintenance requirements, and equipment failures. The solutions further assist organizations in the optimization of resource allocation, extension of asset lifespans, and the minimization of downtime. These factors are anticipated to drive Saudi Arabia facility management market growth.

However, the lack of stable management contracts may restrain the industry expansion. Medium and small-sized companies face the challenge of restrained financial funding and resources, leading to dip in the implementation of facility management.

Leading Players Adopt Numerous Initiatives to Gain a Strong Market Foothold

Major service providers are making heavy investments in central production units for the rationalization of labor costs and reducing wastage. Besides, industry players are collaborating with universities to generate lucrative opportunities for business expansion. Companies are adopting these steps to gain a strong footing in the market and secure an edge over their competitors.

Key Players Profiled in the Report

• Sodexo (France)


• CBRE Group Inc. (U.S.)


• Compass Group PLC (U.K.)


• Cushman & Wakefield (U.S.)


• Tenon Group (India)


• Dussmann Group (Deutschland)


• Majid Al Futtaim – ENOVA (UAE)


• MEEM Facility Management Co. (Saudi Arabia)


• MUHEEL SERVICES (Saudi Arabia)


• INITIAL SAUDI GROUP (Saudi Arabia)


• Al Mahmal Facilities Services Company (Saudi Arabia)


• Afras (Saudi Arabia)


• TOFM (AlKifah Holding) (Saudi Arabia)


• EFS Facilities Services Group (UAE)


• G4S Limited (Saudi Arabia)


• Munjz (Saudi Arabia)


• TAMAM (Saudi Arabia)


• Fanni (Saudi Arabia)


• AJEER (Saudi Arabia)


• Albaap (Saudi Arabia)


• Just Mop (UAE)

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Key Industry Development

• November 2022 – CBRE Group Inc., acquired U.S.-based laboratory systems’ technical services provider Full Spectrum Group. The USD 110 million takeover was focused on attracting more clients and improving the technical capabilities of existing integrated laboratory solutions.   

Further Report Findings

• Saudi Arabia facility management market share is poised to rise considering the growing urbanization and industrialization. The industry is set to expand owing to soaring investments from the private sector.


• On the basis of service type, the Saudi Arabia market for facility management is subdivided into soft, hard, and others. The soft segment is poised to grow at the highest rate driven by their soaring demand across public and private enterprises.


• Based on industry vertical, real estate segment accounted for the largest share in the global market in 2023. This can be credited to increasing government initiatives focused on infrastructure investment.

Table of Segmentation