The South Africa Facility Management Market size is estimated at USD 10.62 billion in 2024, and is expected to reach USD 13.32 billion by 2029, growing at a CAGR of 4.62% during the forecast period (2024-2029).
Facilities management helps ensure the functionality, comfort, safety, and efficiency of buildings, grounds, infrastructure, and real estate. The facility management market in South Africa has been experiencing steady growth due to increasing infrastructure development and the need for efficient building management. Technological advancements, sustainability initiatives, and outsourcing trends also contribute to its expansion.
The facility management market in South Africa is relatively fragmented due to the presence of local players and small to medium-sized firms. These players are focusing on adopting various growth strategies, such as new product launches, expansions, joint ventures, and partnerships, to strengthen their position in this market. A few prominent players in the market include Matrix Consulting Services, SGS SA, Facilities Management Solutions (Pty) Ltd, Chiefton Facilities Management (Pty) Ltd, and Tsebo Facilities Solutions.
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