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Nigeria facility management services Market Share, Analysis & Growth Forecast, 2020–2027 | by Service, Application
Nigeria facility management services Market
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The market growth is attributed to the rise in adoption of facility management services in commercial and industrial applications. The two major areas of Nigeria facility management services market are industrial and commercial sectors. The commercial sector accounted for the maximum share in the market in 2019, owing to dominant use of facility management services such as cleaning, security, heating ventilation & air conditioning (HVAC), and electrical services in offices, malls, and government buildings.
Further, growth in applications of facility management services in infrastructure projects and residential construction projects are expected to fuel the development of the market. In addition, the facility management market in Nigeria is expected to have a promising future, owing to growth in investments in the infrastructure sector, which involves construction of new international airport and port, rail lines, and highways.
Moreover, the development of sectors such as tourism, hospitality, and real estate is also expected to contribute to the economic development of the country. This, in turn, is anticipated to positively influence the demand for facility management services in Nigeria. Conversely, low economic condition and scarcity of skilled workforce limits the growth of the Nigeria facility management services market.
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Nigeria Facility Management Services Market Segments
By Service
Cleaning
Security
Property
Catering
Others
By Application
Residential
Industrial
Commercial
Retail
Healthcare
Educational
Government
Others
Key Players
Alpha Mead Group
Briscoe Properties Limited
Cxall Facilities Management
Eko Maintenance
FilmoRealty
Global PFI Group
Grandeur Real-Estate Company
Green Facilities Ltd.
Libra Reliance Properties
Provast
Trim Estate & Facility Management Services
Willco Property Management
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