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.
Access Research Report of 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
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
o
U.S.
o
Canada
·
Europe
o
France
o
UK
·
Asia Pacific
o
China
o
India
·
Latin America
o
Brazil
·
MEA
o
UAE
Regional Outlook (by million units sold,
2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
France
o
UK
·
Asia Pacific
o
China
o
India
·
Latin America
o
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.