Press Release Description
Senegal Facility Management Market to Touch USD60.13 Million by 2030 Due to Increasing Demand from Healthcare Sector
The Senegal Facility Management Market size was valued at around USD29.77 million in 2024 and is projected to reach USD60.13 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 13.50% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. Senegal’s real estate is booming, thereby driving facility management demand into high gear. Backed by the government’s intensive push for economic diversification and major infrastructure rollouts, the country is significantly attracting real estate investment. Add to that the rise in mortgage availability and easier access to housing loans has further surged residential construction.
Moreover, the cities are expanding fast, with Dakar and its outskirts seeing a wave of new residential and commercial developments. From upscale apartments to business complexes, this urban growth is creating a massive need for professional facility management services. The rise of smart buildings, shopping malls, and mixed-use complexes requires advanced maintenance solutions, energy efficiency management, and security services, further states the research report, “Senegal Facility Management System Market Analysis, 2025.”
Segmentation Analysis
In-House is the Most Preferred Operating Model
Based on the operating model, the market is further bifurcated into in-house and outsourced facility management services. In 2024, In-house FM services dominated the industry with a market share of around 60%. This dominance was led mainly by the government entities. By prioritizing local workforce training, government entities and state-owned enterprises enhance operational efficiency and reduce reliance on external contractors, making in-house management a preferred choice in Senegal.
Moreover, organisations in the private sector tend to outsource work that is not a part of their core functions; thus, activities like cleaning, security, maintenance, etc., are usually offered by the facility management system. The multiple infrastructure developments are infusing growth in the outsourcing segment. For instance, the Ellipse project is contracted for the renovation of the country’s judicial infrastructure, including the Supreme Court and 70 other buildings, at a cost of USD400 million (approximately). These buildings, once completed, require FM for various hard and soft services, thereby fostering growth in the market during the forecasted period.
Commercial Sector Holds the Largest Market Share
The facility management industry is dominated by the commercial sector of the country due to the high concentration of corporate offices and hotels, and restaurants in the western region of the country. This sector holds around 35% market share.
As Dakar, the capital of the country, has experienced rapid urbanization, which has resulted in new commercial establishments. Senegal has also registered considerable tourism inflow as a result of the government’s constant efforts and HORECA establishment initiatives. Additionally, the rising technological advancements have enhanced the IT sector in the country, fostering the growth of data centers. For instance, PAIX Data Centers announced in 2025 the construction of a new data center in Dakar. These facilities require different types of facility management services, including security, asset safety, energy and power, and more, to facilitate and smooth the functioning of the facilities. Hence, these growing commercial establishments are going to enhance the Senegal Facility Management Market in the forecast period.
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including Tsebo Solutions Group (Pty) Ltd., SOLMED, Excellerate Senegal, G4S Security, and Others, are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report:
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the country?
- How has the industry been evolving in terms of geography & service adoption?
- How has the competition been shaping up across the country?
- How have buying behavior, customer inclination, and expectations from service providers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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