Market Research Report

Africa Facility Management Market Research Report: Forecast (2024-2030)

Africa Facility Management Market - 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) and others Read more

  • Buildings, Construction, Metals & Mining
  • Apr 2024
  • 179
  • PDF, Excel, PPT

Market Insights & Analysis: Africa Facility Management Market (2024-30):

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 market in the region is currently experiencing a notable increase in growth, largely propelled by a significant growth in construction activities. This surge in construction activity is leading to a heightened demand for a variety of essential services within the facility management sector, including cleaning, disinfection, and space management services. This heightened demand underscores the critical importance of robust facility management solutions, further fueled by a growing regional preference for high-quality third-party services, rapid infrastructure improvements, and an influx of private sector investments.

Report Coverage Details
Study Period Historical Data: 2019-22
Base Year: 2023
Forecast Period: 2024-30
CAGR (2024-2030) 6.5%
Country Covered South Africa, Egypt, Nigeria, Algeria, Morocco, Rest of Africa,
Key Companies Profiled 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
Market Denominations USD Million/Billion

 

Moreover, as the market aligns with Africa Union's Agenda 2063, alongside significant demographic shifts such as population growth, economic dynamism, and urbanization, it presents an array of expanded business opportunities. Additionally, major industry players, such as Broll Property Group, Mace Group, etc., are strategically expanding their operations into regions with burgeoning foreign investments, thereby stimulating further evolution & growth within the market.

Along with the infrastructure development, the integration of technological innovations is transforming facility management across Africa, with several companies leading the charge in embracing these advancements. Companies such as Cushman & Wakefield and JLL are actively exploring opportunities to leverage smart building technologies, IoT solutions, and predictive maintenance systems to enhance their service offerings. By connecting the power of data analytics and AI, these companies aim to empower decision-makers with actionable insights for strategic planning and resource optimization.

Furthermore, local companies are also stepping up, collaborating with technology partners to implement these solutions tailored to the African market. This collective effort towards embracing technology drives operational efficiency and reinforces transparency & accountability within the industry. As African nations position themselves at the forefront of sustainable facility management practices, these proactive measures are set to enhance the region's global competitiveness and pave the way for a brighter future powered by innovation and digitalization.


Africa Facility Management Market Research Report: Forecast (2024-2030)

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.  

Africa Facility Management Market Challenge:

Skill Gap Challenge in Africa's Facility Management Market The skill gap challenge in the Africa Facility Management Market represents a multifaceted obstacle that hampers the sector's potential for growth & development. At its core, the shortage of educational skills and training opportunities acts as a significant barrier, preventing individuals from acquiring the necessary knowledge and expertise to effectively navigate the intricacies of facility management processes. Hence, this dearth of skilled professionals not only limits the talent pool available to meet the growing demand for facility management services but also undermines the sector's ability to innovate & adapt to evolving market trends.

Moreover, the pervasive lack of awareness about the advantages of facility management services further compounds the challenge, hindering efforts to attract and retain top talent within the industry. Consequently, industry leaders are faced with the daunting task of bridging this skill gap while simultaneously addressing the broader systemic issues that impede the Africa Facility Management Industry growth.

Africa Facility Management Market Trend:

Technology Integration to Act as a Growing Trend in the Africa Facility Management Sector – The incorporation of technology into facility management is rapidly evolving into a prominent trend within the African market. This trend underscores a significant shift towards the adoption of digital solutions aimed at enhancing operational efficiency, productivity, and cost-effectiveness within the sector. Notably, there is an apparent surge in the demand for advanced technologies such as IoT sensors, artificial intelligence (AI), and data analytics, reflecting an industry-wide recognition of the benefits these innovations offer in optimizing facility management processes.

By embracing these digital tools, facility management providers have transformed their approach to building management across Africa. Therefore, this trend towards technological integration drives tangible efficiency improvements and also leads to significant cost reductions, ultimately delivering enhanced value for both service providers & their clients.

Africa Facility Management Market (2024-30): Segmentation Analysis

The Africa Facility Management Market study by MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2024–2030 at the regional level. In accordance to the analysis, the market has been further classified as:

Based on the Operating Model:

  • In-house
  • Outsourced

Outsourced facility management solutions have emerged as a dominant force in the Africa Facility Management Market, driven by various factors and exemplified by notable projects & partnerships across the continent. This trend reflects a strategic shift among organizations towards optimizing operational efficiency & resource allocation by leveraging external expertise and specialized services. By outsourcing maintenance, cleaning, and security services to professional facility management firms, businesses can focus on their core activities while benefiting from streamlined operations and enhanced service delivery standards.

Projects such as the management of iconic commercial spaces like Nelson Mandela Square and the Kenyatta International Convention Centre highlight the effectiveness of outsourcing in ensuring the seamless operation of large-scale facilities. Furthermore, partnerships between facility management providers and major corporations demonstrate the value of outsourcing in driving cost-effectiveness, scalability, and customer satisfaction.

Africa Facility Management Market (2019-30): Country Projection

Geographically, the Africa Facility Management Market expands across:

  • South Africa
  • Egypt
  • Nigeria
  • Algeria
  • Morocco
  • Rest of Africa

Nigeria's prominent position in the Africa Facility Management Market is emphasized by its proactive approach to infrastructural development, driven by a series of strategic government initiatives and collaborative investments from international organizations. Projects such as the National Integrated Infrastructure Master Plan (NIIMP) and partnerships with entities like the World Bank and the African Development Bank have propelled Nigeria's momentum, positioning it as a focal point for substantial growth within the sector.

Additionally, initiatives like the Lagos Smart City Project and the Abuja Technology Village represent significant milestones in the country's efforts to modernize its infrastructure and urban landscapes. Hence, the rapid expansion of facility management services across Nigeria is further fueled by the flourishing tourism sector and the emergence of the real estate industry nationwide.

Gain a Competitive Edge with Our Africa Facility Management Market Report

  • Africa Facility Management Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
  • This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
  • Africa Facility Management Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

Frequently Asked Questions

   A. The Africa Facility Management Market is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2030.

   A. The rising infrastructural development to drive the Africa Facility Management Market growth during 2024-30.

   A. 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, among others are the major companies operating in the Africa Facility Management Market.

   A. Outsourced segment based on operating model held the largest share of the Africa Facility Management Market.

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

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Africa Macroeconomic Analysis, By Country
  5. Africa Facility Management Market Trends & Insights
  6. Africa Facility Management Market Dynamics
    1. Drivers
    2. Challenges
  7. Africa Facility Management Market Porter’s Five Forces Analysis
  8. Africa Facility Management Market Growth Opportunities & Hotspots
  9. Africa Facility Management Market Regulations & Policies
  10. Africa Facility Management Market Outlook, 2019-2030F
    1. Market Size & Outlook
      1. By Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type
        1. Hard- Market Size & Forecast 2019-2030F, USD Million
          1. District Cooling- Market Size & Forecast 2019-2030F, USD Million
          2. Building Management- Market Size & Forecast 2019-2030F, USD Million
          3. Plumbing Apparatus, Pumps, Sanitary units, etc. - Market Size & Forecast 2019-2030F, USD Million
          4. Electrical Installation- Market Size & Forecast 2019-2030F, USD Million
          5. Energy Management- Market Size & Forecast 2019-2030F, USD Million
          6. Air Conditioning System- Market Size & Forecast 2019-2030F, USD Million
          7. Roads & Street Lighting System- Market Size & Forecast 2019-2030F, USD Million
          8. Others- Market Size & Forecast 2019-2030F, USD Million
        2. Soft- Market Size & Forecast 2019-2030F, USD Million
          1. Cleaning Services- Market Size & Forecast 2019-2030F, USD Million
          2. Catering- Market Size & Forecast 2019-2030F, USD Million
          3. Pest Control- Market Size & Forecast 2019-2030F, USD Million
          4. Landscaping- Market Size & Forecast 2019-2030F, USD Million
          5. Others- Market Size & Forecast 2019-2030F, USD Million
        3. Risk- Market Size & Forecast 2019-2030F, USD Million
          1. Insurance Management- Market Size & Forecast 2019-2030F, USD Million
          2. Security- Market Size & Forecast 2019-2030F, USD Million
          3. Disaster Management- Market Size & Forecast 2019-2030F, USD Million
          4. Reserve/Sinking Fund- Market Size & Forecast 2019-2030F, USD Million
          5. Others- Market Size & Forecast 2019-2030F, USD Million
        4. Administrative- Market Size & Forecast 2019-2030F, USD Million
          1. Mail Management- Market Size & Forecast 2019-2030F, USD Million
          2. Front Office Management- Market Size & Forecast 2019-2030F, USD Million
          3. Space Planning & Management- Market Size & Forecast 2019-2030F, USD Million
          4. Inventory Management- Market Size & Forecast 2019-2030F, USD Million
          5. Others- Market Size & Forecast 2019-2030F, USD Million
      2. By Operating Model
        1. In-house- Market Size & Forecast 2019-2030F, USD Million
        2. Outsourced- Market Size & Forecast 2019-2030F, USD Million
      3. By Service Delivery
        1. Integrated- Market Size & Forecast 2019-2030F, USD Million
        2. Bundled- Market Size & Forecast 2019-2030F, USD Million
        3. Single Services- Market Size & Forecast 2019-2030F, USD Million
      4. By End Users
        1. Residential- Market Size & Forecast 2019-2030F, USD Million
        2. Government- Market Size & Forecast 2019-2030F, USD Million
        3. BFSI- Market Size & Forecast 2019-2030F, USD Million
        4. Corporates- Market Size & Forecast 2019-2030F, USD Million
        5. Healthcare- Market Size & Forecast 2019-2030F, USD Million
        6. Hospitality- Market Size & Forecast 2019-2030F, USD Million
        7. Others (Education, Retail, etc.) - Market Size & Forecast 2019-2030F, USD Million
      5. By Enterprise Size
        1. Large- Market Size & Forecast 2019-2030F, USD Million
        2. Mid-size- Market Size & Forecast 2019-2030F, USD Million
        3. Small- Market Size & Forecast 2019-2030F, USD Million
      6. By Country
        1. South Africa
        2. Egypt
        3. Nigeria
        4. Algeria
        5. Morocco
        6. Rest of Africa
      7. By Company
        1. Market Share of Top Companies
        2. Competition Characteristics
  11. South Africa Facility Management Market Outlook, 2019-2030F
    1. Market Size & Outlook
      1. By Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type- Market Size & Forecast 2019-2030F, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030F, USD Million
      3. By Service Delivery- Market Size & Forecast 2019-2030F, USD Million
      4. By End User- Market Size & Forecast 2019-2030F, USD Million
      5. By Enterprise Size- Market Size & Forecast 2019-2030F, USD Million
  12. Egypt Facility Management Market Outlook, 2019-2030F
    1. Market Size & Outlook
      1. By Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type- Market Size & Forecast 2019-2030F, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030F, USD Million
      3. By Service Delivery- Market Size & Forecast 2019-2030F, USD Million
      4. By End User- Market Size & Forecast 2019-2030F, USD Million
      5. By Enterprise Size- Market Size & Forecast 2019-2030F, USD Million
  13. Nigeria Facility Management Market Outlook, 2019-2030F
    1. Market Size & Outlook
      1. By Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type- Market Size & Forecast 2019-2030F, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030F, USD Million
      3. By Service Delivery- Market Size & Forecast 2019-2030F, USD Million
      4. By End User- Market Size & Forecast 2019-2030F, USD Million
      5. By Enterprise Size- Market Size & Forecast 2019-2030F, USD Million
  14. Algeria Facility Management Market Outlook, 2019-2030F
    1. Market Size & Outlook
      1. By Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type- Market Size & Forecast 2019-2030F, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030F, USD Million
      3. By Service Delivery- Market Size & Forecast 2019-2030F, USD Million
      4. By End User- Market Size & Forecast 2019-2030F, USD Million
      5. By Enterprise Size- Market Size & Forecast 2019-2030F, USD Million
  15. Morocco Facility Management Market Outlook, 2019-2030F
    1. Market Size & Outlook
      1. By Revenues (USD Million)
    2. Market Share & Outlook
      1. By Type- Market Size & Forecast 2019-2030F, USD Million
      2. By Operating Model- Market Size & Forecast 2019-2030F, USD Million
      3. By Service Delivery- Market Size & Forecast 2019-2030F, USD Million
      4. By End User- Market Size & Forecast 2019-2030F, USD Million
      5. By Enterprise Size- Market Size & Forecast 2019-2030F, USD Million
  16. Africa Facility Management Market Key Strategic Imperatives for Success and Growth
  17. Competition Outlook
    1. Company Profiles
      1. Bidvest Facilities Management
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      2. Tsebo Solutions Group (PTY) Ltd.
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      3. Excellerate Service
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      4. Broll Property
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      5. JLL
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      6. Mace Group
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      7. Cushman & Wakefield
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      8. Colliers International
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      9. AECOM
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      10. Savills plc
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      11. G4S Limited
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      12. Knight Frank
        1. Business Description
        2. Product Portfolio
        3. Strategic Alliances or Partnerships
        4. Recent Developments
        5. Financial Details
        6. Others
      13. Others
  18. Disclaimer


Africa Facility Management Market Segmentation