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The global real estate market was valued at US$ 6,883 Billion in 2021.
We expect the global real estate market to exhibit a CAGR of 1.90% during 2022-2027.
The rising number of nuclear families, along with growing infrastructural development providing
enhanced connectivity via roads, air, and railways, is currently catalyzing the global real estate market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in the temporary halt in numerous construction activities,
thereby hampering the overall growth of the global real estate market.
Based on the property, the global real estate market has been segmented into residential, commercial,
industrial, and land. Among these, residential property holds the majority of the total market share.
Based on the business, the global real estate market can be divided into sales and rental. Currently, sales
account for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global real estate market include 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., and Wanda Group (Dalian Hexing Investment Co. Ltd.).
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