Gurugram, India, Jan. 20, 2023 (GLOBE NEWSWIRE) —

• Housing units would be a big booming segment to focus on due to the rising younger population, expats and government-sponsored affordable housing programs for the poor.
• Many new companies are expected to enter the industry in the coming years, particularly real estate developers and international players with more advanced technology-enabled service delivery.
• Rapid real estate development related to smart city development, new infrastructure developments and focus on tourism and hospitality promotion are the supporting factor for commercial facility management services revenue.

Growing industrial sector: FM services in the industrial sector are expected to grow the fastest in 2021-2026F. A steadily increasing demand for commercial office space can be expected for the future, which will contribute significantly to the growth of this sector. Outsourcing is expected to see growth in 2021-2026F. This is due to the adoption of a lightweight business model that allows companies to penetrate new markets faster.

Technological advances: Various techniques can be employed in innovation and the technology can be used to improve the FM industry in Egypt. The integration of technology will lead to the delivery of higher quality services, such as B. monitoring the outer shell of the building and checking for damage that is difficult to achieve manually. Technological advances lead to reduced dependency on labor, improved quality of service and reduced costs.

Focus Green Building Management & Energy Efficiency: Green buildings aim to increase the efficiency of resource use while minimizing the negative impact on people and the environment. Efforts are being made to identify relationships between key green building management practices and green building performance. Structural and non-structural approaches are pursued for energy management so that…