The global Real Estate Market size was USD 4 trillion in 2022 and is expected to reach a value of USD 6.76 trillion in 2032 and register a revenue CAGR of 6% during the forecast period. A growing propensity for homeownership, population expansion, fast urbanization, rising disposable income, and other factors all contribute to the real estate market's expansion.
In addition, the expansion of other industries, including healthcare, IT, and hospitality, is driving up demand for commercial real estate. Demand for real estate properties is also being fueled by the growth of transportation networks and infrastructure.
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Competitive Landscape:
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as license agreements, partnerships, merger and acquisitions, collaborations, R&D investments, and joint ventures to gain robust footing in the market.
Major Companies:
- CBRE Group Inc.
- Jones Lang LaSalle Incorporated
- Newmark Grubb Knight Frank
- Cushman & Wakefield
- Colliers International Group Inc.
- Keller Williams Realty, Inc.
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Real Estate Market Segmentation:
By Property Type Outlook:
- Residential
- Commercial
- Industrial
- Others
By Transaction Type Outlook:
- Sales
- Rental
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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