Global Facility Management Services Market Analysis By 2027
The intelligence report by Allied Market Research is the solid outcome of deep study and arduous assessment of numerous dynamics modeling the growth of the Facility Management Services market. Allied Market Research fosters a highly efficient team of experts, strategists, analysts, and industry specialists who provide proper frameworks and approaches to make efficient decisions. Their systematic analysis and insights help executives steer through their critical priorities with utmost confidence.
Nigeria facility management services market was valued at $8.4 billion in 2019, and is projected to reach $12.7 billion by 2027, registering a CAGR of 6.4%
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Major Market Players
- Alpha Mead Group
- Briscoe Properties Limited
- Cxall Facilities Management
- Eko Maintenance
- FilmoRealty
- Global PFI Group
- Grandeur Real-Estate Company
- Green Facilities Ltd.
- Libra Reliance Properties
- Provast
- Trim Estate & Facility Management Services
- Willco Property Management
rise in awareness among individuals toward protecting their assets is anticipated to fuel the demand for the Nigeria facility management services market. On the contrary, the uncertain economic conditions in the country is expected to hamper the growth of the marketTop of Form
Outbreak of the Covid-19 pandemic has had a preposterous impact on the lives of people. Most of the business verticals across the world were highly affected. The Facility Management Services market report doles out a compact overview of the Covid-19 impact on the industry. Moreover, it takes in a micro- and macro-economic impact assessment. The report further cites the market extent and share as one of the major impacts of the pandemic. At the same time, it offers a detailed overview of the influence of COVID-19 on the Facility Management Services market supply chain.
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On the other hand, growth in investments and incentives by the government for the construction industry and infrastructure sector is anticipated to offer remunerative opportunities for the market growth. Further, increase ininvestments in commercial infrastructure is expected tocreate the need for effective facility management solutions such as security, cleaning, and catering. This, in turn, is expected to accelerate the growth of the Nigeria facility management services market. Furthermore, investments in railways, roadways, and airport constructions in the country are anticipated togenerate the need for the facility management services, thereby leading to market growth.
Last but not the least; the market report focuses on the key approaches incorporated by the industry players throughout the global health crisis. In a nutshell, the Facility Management Services market report offers an overview of pre- as well as post-Covid-19 impact exploration.
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Key Findings Of The Study
- The report provides an extensive analysis of the current and emerging Nigeria facility management services market trends and dynamics.
- By application, the commercial segment dominated the Nigeria facility management services market in 2019, and is projected to grow at a CAGR 6.6% during the forecast period.
- By service, the property segment led the Nigeria facility management services market in 2019.
- On the basis of commercial application, the retail segment held the largest share in 2019.
- The report provides an extensive analysis of the Nigeria facility management services market trends and emerging opportunities of the market.
The major queries answered in the report are given below:
- Who are the frontrunners active in the global Facility Management Services market?
- What is the dominant scenario of the market?
- What are the existing drifts & leanings that would possibly determine the global Facility Management Services market study in the next few years?
- What are the driving factors, limitations, and opportunities in the industry?
- What are the probable forecasts for the future that would help in coming up with further strategic steps to propel the growth of the market?
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