According to IMARC Group latest report titled “Real Estate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on Global Real Estate market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global real estate market reached a value of US$ 6,883.80 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 7,806.70 Billion by 2027, exhibiting a CAGR of 1.90% during 2022-2027.
Real estate refers to the purchasing and selling of properties that are owned by a particular individual in the form of land and buildings. It includes properties with any permanent improvements attached to the space, whether manufactured or natural, including trees and fences. Along with this, it also includes commercial offices, residential housing, trading spaces, hotels and restaurants, and retail outlets. Additionally, investments in real estate aid in tax benefit, portfolio diversification, long-term security and passive income while protecting individuals against inflation.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The global market is primarily driven by increasing investments by private and public agencies in infrastructural development projects. Coupled with rapid urbanization and industrialization, this is favorably impacting the market growth. In line with this, the rising global population and the inflating disposable income levels of the masses are also acting as major growth-inducing factors. Along with this, the increasing preference for good quality housing facilities with a safe and secured environment among the masses is favoring the market growth. Furthermore, the rising need for rearranging business operations due to globalization is further propelling the market growth. In addition to this, the increasing adoption of aggressive marketing strategies and advertisements on social media platforms by key players is creating a positive outlook for the market. Other factors, including continuous improvements in the construction industry, the rising trend of nuclear families and a significant shift of the population from rural to urban areas, are further contributing to the market growth.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/real-estate-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- American Tower Corporation
- Aston Pearl Real Estate Broker
- Ayala Land Inc. (Ayala Corporation)
- Cbre Group Inc.
- Colliers International
- Gecina
- Jones Lang Lasalle Incorporated
- Prologis Inc.
- Reliance Relocation Services
- SEGRO plc
- Simon Property Group Inc.
- Wanda Group (Dalian Hexing Investment Co. Ltd.)
Real Estate Market Segmentation:
Our report has categorized the market based on region, property, business and mode.
Breakup by Property:
- Residential
- Commercial
- Industrial
- Land
Breakup by Business:
- Sales
- Rental
Breakup by Mode:
- Online
- Offline
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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