Africa Facility Management Market Size, Competitive Landscape, Regional Outlook, Industry Analysis, Forecast to 2025
According to the MarkNtel Advisors’ research report titled “Africa Facility Management Services Market Analysis, 2020”, the Facility Management market is projected to register a CAGR of around 7% during 2020-25.
Professionals from the industry at MarkNtel Advisors give a thorough and expert analysis of the Africa Facility Management market .The study is a great blend of quantitative and qualitative data, showcasing industry competition as well as gap analysis, significant market developments, difficulties, and market trends.
The Africa Facility Management Market is projected to grow at a CAGR of around 7% during the forecast period, i.e., 2020 -25
The study provides a thorough analysis of the market and highlights significant changes or trends for sectors, vendors, associations, and organizations. Based on revenue, demand, sales, product makers, and service providers, the research provides exclusive information on major market rivals and developing enterprises with a sizeable market share. The study concentrates on broad information that can help readers decide how the market is doing.
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Goals of the research
-To provide comprehensive information on the important factors affecting market growth.
-To evaluate the level of market competition, taking into account new product/service launches, market expansions, agreements, and acquisitions.
-To conduct a market analysis in order to identify different growth trends, market share contributors, and opportunities for future growth.
-To develop a strategic profile of the major market participants and conduct a careful analysis of their expansion strategies.
-Research will be done to ascertain a product or service's value by significant segments and geographical areas using historical data and projections through 2025.
-Recognizing the many sub-segments within the Africa Facility Management market is crucial to comprehend its structure.
-Over the forecast period, to identify, define, and evaluate market share, market value, the competition environment, SWOT analysis, Porter's Five Forces analysis, and expansion plans for key market players.
-To forecast the expansion and domination of important geographic regions (together with each of their primary countries).
Important Players Analysis:
The study offers useful information that can be used to comprehend the market and develop successful business expansion strategies. This section offers thorough research of the Africa Facility Management industry for prospective market entrants and current rivals, covering important factors like market positioning and potential growth plans.
The study discusses the market's competitive situation and offers comprehensive profiles of the key competitors. These are the listed businesses:
-Bidvest
-Tsebo
-Excellerate Service
-Broll Property
-Atalian Servest
-JLL
This comprises a review of the top players in the industry, their earnings, product lines, key marketing tactics, and overall revenue during the previous several years.
Check out the full report description (methodology + table of contents + infographics)- https://www.marknteladvisors.com/research-library/africa-facility-management-market.html
Complete segmentation analysis:
The research includes precise statistical data, facts, trends, statistics, and industry segmentation insights. It concentrates on and discusses the major market segments and includes a geographical analysis. The following criteria are used to classify the studied market:
-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, 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 (Commercial, Residential, Government, Retail, Education, Healthcare, Hospitality, Others),
-By Enterprise Size (Large, Mid-Size, Small),
-By Country (South Africa, Nigeria, Algeria, Egypt, Ivory Coast, Senegal, Zambia, Kenya, Others)
Recognizing the significance of various elements that support market growth is made easier by understanding the segments.
There is a gradual shift toward outsourcing model among the end-users of facility management due to increased emphasis on core business operations and financial savings. The outsourced facility management services are expected to overtake in-house facility management services by 2021. The utilization of outsourced facility management is rising at a faster pace for services such as security, pest control, cleaning, energy management, waste management, etc. However, the in-house services captured the highest market share in the Africa Facility Management market in 2019 and the key factors responsible for not outsourcing facility management services are adequate satisfaction with in-house services, low budget, perceived high risks, etc.
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