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Nigeria Facility Management Services Market Analysis by 2027 | by Service, Application
Nigeria Facility Management Services Market
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Nigeria Facility Management Services Market Analysis by Service (Security, Property, Catering, Cleaning, and Others) and Application (Residential and Commercial (Retail, Government Buildings, Healthcare, Educational, and Others), and Industrial)
The Nigeria facility management services market has witnessed significant growth over the past decade, owing to rise in investments in the construction and public infrastructure industry. In addition, rise in awareness among individuals toward protecting their assets is anticipated to fuel the demand for the Nigeria facility management services market. On the contrary, the uncertain economic conditions in the country is expected to hamper the growth of the market.
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Covid-19 Scenario Analysis
COVID-19 has negatively influenced a variety of construction services, which include consultancy, outsourcing, and manpower support for the building industry. The negative trends in the economy of Nigeria is anticipated to decline growth of the Nigeria facility management services industry. Further, travel prohibitions due to lockdown and unavailability of staff have also affected the demand for facility management services in Nigeria. Moreover, decreased consumer demand and consumption has led to reduction and slowdown of sales of facility management services in Nigeria over the course of the current economic year. Therefore, the Nigeria facility management services market is expected to be negatively affected in 2020.
Key Players
The key companies profiled in the report includeAlpha 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, and Willco Property Management.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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