As per current published report by Markntel Advisors the Africa Facility Management Market is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30. A detailed discussion of industry behavior is presented. It will assist companies and other stakeholders in making decisions that assure strong earnings in the upcoming years, and also describes the future trend. In order to assist readers in making defensible choices on market projects, this research will offer a useful summary of the market and its dynamic environment. The growth prospects that will enable the market to extend its operations in current markets will be the main focus of this analysis.
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Africa Facility Management Market Driver:
Rising Infrastructural Development to Boost Africa Facility Management Market – 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.
The Africa Facility Management Market has segmented the market into the following categories:
By Type
(Hard, Soft, Risk, Administrative),
By Operating Model
(In-house, Outsourced),
By Service Delivery
(Integrated, Bundled, Single Service),
By Enterprise Size
(Large, Mid-Size, Small),
By End User
(Commercial, Residential, Government, Retail, Education, Healthcare, Hospitality)
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-By Region
– South Africa
– Egypt
– Nigeria
– Algeria
– Morocco
– Rest of Africa
Competitive Environment Featuring 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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