Press release
Global Real Estate Rental Market 2020, Industry Trends, Revenue Growth, Key Players Till 2030 | CBRE Group, Colliers International, RE/MAX, Marcus and Millichap, HFF
Real Estate Rental Market
The global real estate rental market is expected to grow from $1759.8 billion in 2019 to $1787.8 billion in 2020 at a compound annual growth rate (CAGR) of 1.6%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $2216.2 billion in 2023.
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The real estate rental market consists of real estate rental revenues earned by entities (organizations, individuals, sole traders and partnerships) that rent, lease and allow the use of buildings and/or land.
Real estate agents are increasingly using new technologies such as online listing, video and virtual reality (VR), to provide better services to clients and strengthen the buyer-agent relationship. With advancements in technology, the role of real estate agents is shifting from just an information arbitrator to a local market expert and service provider. Online real estate listing services such as Zillow and realtor.com provide housing database and information on tax and purchase history. Technologies such as video, VR tours and e-signing services also streamline the real estate transactions. For instance, in 2016 Sotheby’s International Realty, a luxury real estate franchisor, began hosting 3D home tours on its listing pages.
Real Estate Rental Market Segmentation:
By Type
1.Residential Buildings And Dwellings Rental Services
2.Non-Residential Buildings Rental Services
3.Mini warehouses And Self-Storage Units Rental Services
By Mode
1.Online
2.Offline
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Real Estate Rental Market Characteristics
4. Real Estate Rental Market Product Analysis
5. Real Estate Rental Market Supply Chain
....
20. Key Mergers And Acquisitions In The Real Estate Rental Market
21. Market Background: Real Estate Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the real estate rental market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the real estate rental market are CBRE Group, Colliers International, RE/MAX, Marcus and Millichap, HFF
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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