The Business Research Company’s report on the Real Estate Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the real estate market?
The real estate market’s growth will be aided by stable economic growth forecasted in many developed and developing countries. For instance, in April 2024, according to the International Monetary Fund, a US-based financial agency, the global economy is projected to maintain a growth rate of 3.2% in 2024 and 2025, consistent with the pace seen in 2023. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, according to official data from the World Bank, the GDP of India increased to reach $3173.40 billion in 2021, compared to $2667.69 billion in 2020.
Access Your Free Sample of the Global Real Estate Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=1944&type=smp
How has the real estate market size evolved, and what are the latest forecasts for its expansion?
The real estate market size has grown strongly in recent years. It will grow from $4143.71 billion in 2024 to $4466.58 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased demand for affordable housing, government initiatives and rise in disposable incomes.
The real estate market size is expected to see strong growth in the next few years. It will grow to $5871 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing investments in infrastructure, an increasing population, increasing urbanization and fall in interest rates. Major trends in the forecast period include focus on use of blockchain for easy transferability and greater customer control over property, use of data analytics to gain insights into market trends, pricing, and customer preferences, integration of augmented reality and virtual reality in real estate, use of artificial intelligence (AI) technology that assists in developing projections for rental prices and determining house prices, and alternative payment methods to offer customers the ability to pay their rent on credit.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=1944&type=smp
Which major companies dominate the real estate market?
Major companies operating in the real estate market include Xiamen C&D, Brookfield Asset Management Inc., Mitsui Fudosan Co., Ltd, Sun Hung Kai Properties Limited, Anywhere Real Estate Inc. (Realogy Holdings Corp), Daito Trust Construction Co., Ltd., Prologis, Inc., Berkshire Hathaway Inc., SIMON PROPERTY GROUP Inc, DLF Limited, Godrej Properties Limited, Oberoi Realty Limited, Brigade Enterprises Limited, Mitsubishi Estate Co., Ltd, Sumitomo Realty & Development Co., Ltd, Nomura Real Estate Holdings, Inc, Sekisui House, Ltd, Samsung C&T Corporation, Lotte E&C Co., Ltd, Hyundai Engineering & Construction Co., Ltd, GS Engineering & Construction Corp, Daewoo Engineering & Construction Co., Ltd, Lendlease Group, Mirvac Group, Stockland Corporation Limited, China Vanke Co., Ltd, Country Garden Holdings Co., Ltd, China Resources Land Limited, Sunac China Holdings Limited, Evergrande Group, Mra Group, Vonovia SE, GSW Immobilien AG, Sedlmayr Grund, SEGRO plc, Savills, Knight Frank, BNP Paribas Real Estate, Grainger plc, Hamilton May, Griffin Real Estate, Dom Development SA, Develia SA, Echo Investment SA, Capital Park SA, Archicom SA, Cavatina Holding Spólka Akcyjna, JLL, Colliers, DTZ, Lennar Corporation, Dream Finders Homes, Kilroy Realty Corporation, Archway Equities, Realty Income Corporation, Recnation Storage, Rexford Industrial Realty, Quinn Residences, Prolific Group, JHSF Participações, Iguatemi S.A, Even, PDG S.A, Camargo Corrêa Desenvolvimento Imobiliário, MRV Engenharia e Participações SA, Cyrela Brazil Realty, Gafisa, Tenda, IRSA, TGLT, SalfaCorp, Paz Corp, Azrieli Group, Alony Hetz Properties & Investments Ltd, Africa Israel Investments, Elco Holdings Ltd, Delek Real Estate, Emaar Properties, Aldar Properties, Dubai Properties, DAMAC Properties, Nakheel Properties, Jabal Omar Development Company, Dar Al Arkan Real Estate Development Company, Ewaan Global Residential Company, Al Akaria Saudi Real Estate Company, Alandalus Property Company, Talaat Moustafa Group (TMG), Palm Hills Developments, SODIC, Hassan Allam Properties, Iwan Developments, Orascom Development Egypt, Growthpoint Properties, Redefine Properties, Hyprop Investments, Vukile Property Fund, Resilient REIT, Attacq Limited, Emira Property Fund, UPDC Real Estate Investment Trust, Mixta Real Estate, Adron Homes and Properties Limited, Grenadines Homes
What trends will shape the future of the rail transport market?
Gen Z (born between the mid-1990s and early 2000s) is the next generation of renters after the millennials and they are predicted to spend more than any other generation on rental services in their lifetime. Gen Z is highly dependent on technology and relies more on the internet and social media to make purchasing and lifestyle decisions. Since Gen Z has experienced technology their entire lives, leasing and marketing campaigns for real estate rental services should incorporate the use of technology to reach this generation where they are most active such as on apps, on social media, or any other internet source. Gen Z makes up almost one-quarter of the U.S. population therefore; the real estate market is expected to witness growth from this generation in the five years from 2019 to 2023.
Which region dominates the real estate market, and what factors contribute to its leadership?
Asia-Pacific was the largest region in the real estate market in 2024. North America was the second-largest region in the real estate market. The regions covered in the real estate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/real-estate-global-market-report
How is the real estate market segmented, and which segment holds the largest share?
The real estate market covered in this report is segmented –
1) By Type: Real Estate Rental, Real Estate Agency And Brokerage
2) By Mode: Online, Offline
3) By Property Type: Fully Furnished, Semi Furnished, Unfurnished
Subsegments:
1) By Real Estate Rental: Residential Rental, Commercial Rental, Industrial Rental, Vacation Rentals
2) By Real Estate Agency And Brokerage: Residential Brokerage, Commercial Brokerage, Industrial Brokerage, Property Management Services
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=1944
What defines the structure and scope of the real estate market?
Real estate refers to the process of building, renting, buying, and selling properties, both residential and commercial. Developers earn a profit by adding value to the land by creating buildings or improvements, and rezoning. The real estate agencies are responsible for guiding the buyer through all the related paperwork.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
