Global Real Estate Market Size, Insights, Drivers, Opportunities, By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa), Growth, Trends and Forecast from 2019 to 2027
Global Real Estate Market Size, Insights, Drivers, Opportunities, By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa), Growth, Trends and Forecast from 2019 to 2027
Historic years: 2015 to 2017 Base Year: 2018 Forecast Years: 2019 to 2027
Number of pages: 100 Category: Consumer Goods Report Id: MISCG5003
Market Insights
The global real estate market was valued at USD 8,536.90 billion in 2018 and is estimated to reach a value of USD 14,131 billion in 2027. The market is analyzed to rise at a CAGR of 5.76% over the forecast period of 2019 to 2027. The major drivers affecting this growth are the increasing disposable income and growing commercial sector at global level.Global real estate market size by region, 2018 (USD Billion)
Primary and secondary market researchers have identified Brookfield, Asset Management Inc., ATC IP LLC., Link Asset Management Limited, Equity Residential, Central General Development CO., Ltd. as the key players in the global real estate market. Growing trend of infrastructural development in different countries is also working as a market driving factor. Owing to this fact, it has been observed that average property cost is also rising similar to global growth. For instance, in India, house price grew 11.5% YOY in 2018. Real estate market dynamics is majorly dependent on 4 key factors such as Economical condition, demographics, bank interest rate, and government policies.
Consumers are more interested to purchase residential apartments with different amenities such as power backup, parking space, concrete roads, water supply and others. Growing industrialization in developing economies such as China and India is boosting the growth of commercial real estate.
Regional Insights:
Asia Pacific is the fastest growing real estate segment. As of 2018 the industry size was valued USD 1229.31 billion and expected to reach USD 2388.16 billion in 2027. Seoul, South Korea has emerged as a hub of commercial property in this region. India and Vietnam will witness huge growth due to growing investment by companies by understanding the market demand. Moreover trends in alternative real estate such as data centers, self-storage, student accommodation and senior housing is also attracting many investors across the region. North America was valued to be the largest real estate market in 2018. U.S. is the largest market but its growth is expected to gradually slow down over the forecast period. House costs are also decreasing slowly. It has been observed that demand and construction activity are also decreasing owing to banks rising interest rates.Research Methodology:
The following report consists of market analysis including both primary and secondary research. Primary research comprises the interaction between manufacturers, industry experts and channel partners, while the secondary research presents an analytical interpretation of relevant publications which contains details like proprietary databases, purchased database, company annual reports, and financial reports. For single, team and corporate user license, we will provide 15% free customization of the report. However, alternatively, if you are looking for additional data or insight related to the scope of the report, you may purchase the "Customized Research License". Please put an enquiry for the pricing details.Segments covered in the report
Regional Outlook- North America
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- U.S.
- Canada
- Europe
- U.K.
- France
- German
- Asia Pacific
- China
- India
- Australia
- Central & South America
- Brazil
- Middle East & Africa
- South Africa