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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
In Nigeria, real estate has a significant and diverse impact on the economy, society, and growth of the nation. Nigeria's real estate market is vibrant and diverse, including residential, commercial, and industrial buildings. Nigeria is the most populated country in Africa with a quickly expanding metropolitan population.
For Nigeria's ever-growing population, real estate is first and foremost a critical source of housing and accommodations. In large cities like Lagos, Abuja, and Port Harcourt in particular, the demand for housing is constantly increasing as a result of urbanization and migration from rural to urban areas.
Real estate developers and investors play a significant part in tackling this dilemma by building residential homes that cater to diverse income groups. Affordable housing continues to be a major issue.
Commercial real estate in Nigeria, which includes office buildings, shopping centers, and retail locations, is a major engine of economic activity. These assets are necessary for businesses to function and to provide jobs and economic progress. Particularly in Lagos, the central business district serves as a hub for commerce and commercial real estate development.
In Nigeria, real estate plays a significant role in the tourism and hotel industries. Both local and foreign tourists are drawn to the nation's various landscapes, historical landmarks, and rich cultural legacy. As a result, there is an increase in demand for hotels, resorts, and other types of lodging, which stimulates real estate investments in the tourism industry.
The Nigeria Real Estate Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
To foster talent in the real estate sector, Knight Frank, a top independent worldwide property consultancy, has opened an academy in Nigeria. The institution aims to solve the industry's widening talent gap and guarantee high-quality construction and ongoing building upkeep.
The academy was created in response to worries expressed by real estate sector stakeholders about the decreasing caliber of candidates for chartered surveyor, valuer, and real estate broker positions.
As a result, Knight Frank created the academy program as one of the methods to give back to society by bridging the competency gap between recent graduates and what is expected of entry-level professionals by top estate surveyors and valuer firms.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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