Zambia's Facility Management Market Set for Growth: Research Report Insights

Zambia's facility management market is on the verge of a significant transformation, with projections indicating a steady growth rate of approximately 3% CAGR from 2022 to 2027. This promising outlook reflects the nation’s rapid construction activities across commercial, residential, and industrial sectors, fueled by a politically stable environment and substantial government investments in infrastructure.

Key Highlights:

• Market Segmentation:?The report categorizes facility management services into four primary types: Hard, Soft, Risk, and Administrative. Among these, the demand for Soft facility management services is anticipated to surge, driven by an increasing focus on workplace productivity and operational efficiency.
• Service Delivery Models:?Analysis of operating models reveals a shift toward outsourced services, as businesses seek specialized expertise to enhance asset functionality, sustainability, and safety.
• Demand Surge Post-COVID-19:?The facility management sector witnessed unique challenges during the COVID-19 pandemic. However, the demand for these services has rebounded, particularly in the healthcare sector, emphasizing the critical need for stringent hygiene and sanitization measures across various facilities.
• End-User Insights:?The report provides a thorough analysis of end-user segments, including commercial, residential, governmental, retail, educational, healthcare, and hospitality sectors. The hospitality industry is expected to see significant growth due to increased tourism and infrastructural developments.
• Competitive Landscape:?Key players in the market include Broll Property Group, Cushman & Wakefield Excellerate Properties Zambia Limited, G4S PLC, and Tsebo Solutions Group (Pty) Ltd., each playing a pivotal role in shaping the future of facility management in Zambia.

Trending Opportunities:

The report emphasizes the growing establishment of foreign companies within Zambia, driven by favorable government policies, paving the way for innovative facility management solutions and enhanced service offerings across the sector.

Read the Full Report:

To discover more about the current trends, challenges, and opportunities in the Zambia facility management market, access the full report at [https://www.marknteladvisors.com/research-library/zambia-facility-management-market.html ].