Real Estate Market in Armenia to Reach $1,249.3 Million by 2026 | BARS Real Estate Company, "CHARAGAYT" Construction Company, AdaTech LLC

According to a new report published by Allied Market Research, titled, "Armenia Real Estate Market by Property and Business: Global Opportunity Analysis and Industry Forecast, 2019-2026,"

The Armenia real estate market size was valued at $880.4 million in 2018, and is projected to reach $1,249.3 million by 2026, growing at a CAGR of 4.3%. The sales segment accounted for more than half of Armenia real estate market share in 2018 and is expected to witness a CAGR of 4.0% during the forecast period.

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The Armenia market is segmented on the basis of property type and business type. On the basis of property type, the market is divided into residential, commercial, industrial, and land. The land segment held the largest share in 2018, accounting for more than two-fifths of the market. On the other hand, the industrial segment is expected to manifest the fastest CAGR of 5.8% during the forecast period.

Based on business type, the market is categorized into sales and rental. The rental segment is expected to register the fastest CAGR of 4.9% during the forecast period. However, the sales segment held the largest share in 2018, accounting for more than two-thirds of the total revenue.

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The major players in the market includes AdaTech LLC, "Akcern" Real Estate Corporation, BARS Real Estate Company, "CHARAGAYT" Construction Company, Comfy LLC, Elite Group, MLL Industries, LLC, Renshin LLC, Roxwell LLC, and Step Investment Group.

Key Findings of the Study:
o The report provides an extensive analysis of the current and emerging Armenia real estate market trends and dynamics.
o Depending on property, the land segment dominated the market, in terms of revenue in 2018 and the industrial segment is projected to grow at a CAGR 5.8% during the forecast period.
o By business, the sales segment led the market in 2018.
o Key market players within the market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the Armenia real estate industry.

Get Full Insight:https://www.alliedmarketresearch.com/armenia-real-estate-market-A06057

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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