The
global real
estate market is expected to generate a revenue of USD 4,263.7
billion by 2025, according to a new report by Grand View Research, Inc. Factors
such as the increasing demand for housing real estate space, rapid urbanization
through migration in search for better amenities. Rapid economic development in
the developing regions and countries like India, China, and many African
countries has enhanced income levels and helped in the real estate market.
Real
estate market involves buying, selling and renting, leasing of property and
condominiums for commercial and personal household usage. Commercial real
estate business had grown exponentially in the last decade owing to increased
number of key players entering the regional market as well. Government reforms,
lower rentals, mortgage rates in the developing countries is likely to boost
the market over the forecast period
According
to United Nations, approximately 50% of the population lives in urban areas and
this figure is set to reach up to 65% in the forecast period owing to the
migration into cities which turn into megacities with bustling urban amenities
and lifestyle.
Browse full research report on Real Estate Market: https://www.grandviewresearch.com/industry-analysis/real-estate-market
Further
key findings from the report suggest:
- The market is
driven by rapid urbanization through migration to find better amenities
thus increasing the demand for urban home spaces
- Real estate
spaces for commercial, retail, industrial and healthcare infrastructure
are in high demand with increasing urbanization
- Political
uncertainty is hampering the market growth to an extent due to hesitation
from the investors due to unsure returns and initiation of the projects
- Asia Pacific
and Middle east are the hotspots for real estate development and
investment supported by large population and favorable regulations by the
governments
- North
America, Asia Pacific and Middle East Asia are set to witness considerable
growth in demand for personal real estate spaces over the forecast period
driven by the increasing population and favorable reforms from the
government bodies
- Some of the
leading real estate companies are Central General Development CO., Ltd.,
Equity Residential, Grainger Plc, Dalian Wanda Group, LeadingRE, Aston
Pearl Real Estate and others
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/consumer-goods
Grand
View Research has segmented the real estate market into regions & countries
on both revenue and volume fronts:
Regional
Outlook (Revenue, USD Billion; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- France
- UK
- Asia Pacific
- China
- India
- Latin America
- Brazil
- MEA
- UAE
Regional
Outlook (by million units sold, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- France
- UK
- Asia Pacific
- China
- India
- Latin America
- Brazil
- MEA
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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