Africa Facility Management Market Witness Highest Growth at a CAGR of 6.5% by 2030

The rising integration of technology is one of the key trends shaping the growth of the Africa Facility Management Market.

According to MarkNtel Advisors study, The Africa Facility Management Market size is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30.

The surge in infrastructural development across Africa represents a transformative shift in the Africa Facility Management Market, catalyzed by proactive government initiatives and robust support from international entities. This momentum is evident in the substantial increase in construction activities observed across various sectors, from commercial to educational, transportation, and healthcare. Countries like Nigeria have emerged as focal points of this development, witnessing a boom in construction projects ranging from towering commercial edifices in Lagos to state-of-the-art educational institutions in Abuja.

The involvement of institutions such as the World Bank and the African Development Bank underscores the magnitude of investment flowing into these ventures, driving unprecedented growth opportunities. This prioritization of infrastructure development reflects a broader trend sweeping across the continent, where governments are strategically investing in projects aimed at stimulating economic growth & fostering social development.

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Key Findings in Africa Facility Management Market:

Historical Years - 2019-2022

Base Years - 2023

Forecast Years - 2024-2030

Key Report Highlights

· Market Dimensions & Projections

· Pricing Evaluation,

· Recent Strategic Moves by Companies,

· Primary Stakeholders,

· Analysis of Import and Export Trends,

· Competitive Landscape Assessment,

· Emerging Opportunities,

· Market Trends and Indicators

Reports Delivery Format

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Africa Facility Management Market Key Players:

Bidvest Facilities Management, Tsebo Solutions Group (PTY) Ltd, Excellerate Service, Broll Property, JLL, Mace Group, Cushman & Wakefield, Colliers International, AECOM, Savills plc, G4S Limited, Knight Frank, Others

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Market Segmentation Overview:

By Type

-Hard

--District Cooling

--Building Management

--Plumbing Apparatus, Pumps, Sanitary units, etc.

--Electrical Installation

--Energy Management

--Air Conditioning System

--Roads & Street Lighting System

--Others

-Soft

--Cleaning Services

--Catering

--Pest Control

--Landscaping

--Others

-Risk

--Insurance Management

--Security

--Disaster Management

--Reserve/Sinking Fund

--Others

-Administrative

--Mail Management

--Front Office Management

--Space Planning & Management

--Inventory Management

--Others

By Operating Model

-In-house

-Outsourced

By Service Delivery

-Integrated

-Bundled

-Single Services

By End Users

-Residential

-Government

-BFSI

-Corporates

-Healthcare

-Hospitality

-Others (Education, Retail, etc.)

By Enterprise Size

-Large

-Mid-size

-Small

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By Region

South Africa
Egypt
Nigeria
Algeria
Morocco
Rest of Africa

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