The Zambia Facility Management Market is expecting around 3% CAGR during 2022-27, cites MarkNtel Advisors in their recent research report. The increasing construction & mining activities, the rapidly expanding commercial sector, and developments associated with smart cities & residential complexes in line with the growing government focus on infrastructural enhancements are the prime aspects driving the facility management market in Zambia.
Besides, the political stability & massive investments in different industries like commercial, industrial, residential, etc., coupled with the growing dominance of European, North America, & Asian companies in construction projects related to road & rail networks, airports, power projects, sports complexes, etc. are other prominent factors driving the market, further states the research report, “Zambia Facility Management Market Analysis, 2022.”
Growing Establishment of Corporate Offices to Boost the Demand for Soft Facility Management Services
In Zambia, soft facility management services are projected to witness an upswing in their demand and contribute significantly to the overall market growth during 2022-27. It owes principally to the growing inclination toward attaining technical expertise & utilization of automation while reducing manpower.
Besides, greater accuracy and cost & time efficiency are other benefits associated with soft facility management services augmenting the overall market growth. Moreover, Zambia welcoming different countries to establish business parks & corporate spaces is also pushing the demand for soft facility management services in the country and boosting the overall market, reveals MarkNtel Advisors in their research report, "Zambia Facility Management Market Analysis, 2022."
Key Competitors in the Market
The leading companies operating in the Zambia Facility Management Market include Broll Property Group, Cushman & Wakefield Excellerate Properties Zambia Limited, G4S PLC, Tsebo Solutions Group (Pty) Ltd., Allina Francis Africa, and Sunbird Group Zambia.
Key Questions Answered in the Research Report