How big is the South Africa Facility Management Market?

The South Africa Facility Management Market size is expected to reach USD 10.62 billion in 2024 and grow at a CAGR of 4.62% to reach USD 13.32 billion by 2029. Read More

What is the current South Africa Facility Management Market size?

In 2024, the South Africa Facility Management Market size is expected to reach USD 10.62 billion. Read More

What years does this South Africa Facility Management Market cover, and what was the market size in 2023?

In 2023, the South Africa Facility Management Market size was estimated at USD 10.13 billion. The report covers the South Africa Facility Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Facility Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

South Africa Facility Management Market

South Africa Facility Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers South Africa Facility Management Companies and the Market is Segmented by Type of Facility Management (In-House Facility Management and Outsourced Facility Management [Single FM, Bundled FM, and Integrated FM]), Offering Type (Hard FM and Soft FM), and End User (Commercial, Institutional, Public/Infrastructure, and Industrial). The Market Sizes and Predictions are Provided in Terms of Value (USD) for all the Above Segments.

South Africa Facility Management Industry Overview

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.

March 2023: Red Rocket, a South African independent power producer, placed a 373 MW wind turbine contract with the Danish wind turbine manufacturer Vestas. The business will produce 64 of its V150-4.5 MW wind turbines, 12 of its V163-4.5 MW turbines, and five of its V162-6.2 MW Enventus turbines. The Brandvalley, Rietkloof, and Wolf wind parks, located in South Africa's Western and Eastern Capes, hosted the installation of the turbines.
February 2023: Planon Corporation and Gilbane Building Company announced that they had formed a strategic alliance to help the real estate and facility management market with solutions that leverage Gilbane’s multiple years of knowledge in integrated construction and facility management services with Planon’s international market-leading technology for smart building and workplace management solutions.