CONSTRUCTION PORTFOLIO OF EVENTS
The facility management market in Saudi Arabia was valued at USD 23.30 billion* in 2021, and it is expected to grow at a CAGR of 6.97%* due to the rising emphasis on outsourcing, the ever-expanding internet of things (IoT) market, technology integration, and the booming ecosystem. The Kingdom is promoting environmentally friendly ways to reduce energy usage, greenhouse gas emissions, and green buildings. Following Vision 2030, the Saudi government has launched the Saudi Green Initiative to increase the country's use of renewable energy sources, reduce carbon emissions, and safeguard the environment. It is also to be noted that due to increased corporate competitiveness and a desire to focus on core competencies, outsourced facility management services are gaining traction. The FM Saudi industry is also increasingly adopting data-driven strategies supported by network connections and linked devices-thus, propelling the rise of the Internet of Things-IoT enabled ecosystem. Architects are also closely working with FM experts integrating FM through the initial design stages.
The FM Talks would focus on the latest trends and opportunities across green facilities management, Health and Safety best practices, Digital transformation, and Hygiene Trends towards empowering industry professionals in optimizing their productivity.
Source: Market Research.com