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Real Estate Agency And Brokerage Market Analysis 2023-2032: Market Size, Demand, Segments And Forecast | Anywhere Real Estate Inc, Mitsui Fudosan Co., Ltd., Berkshire Hathaway Inc., CBRE Group, FirstService Corporation.
Real Estate Agency And Brokerage Market
Increasing investment in infrastructure is expected to drive the growth of the real estate agency and brokerage market during the forecast period. Investments in infrastructure projects increase employment prospects and the economy, which will in turn encourage real estate investment, driving demand for property and related services. For example, according to the India Brand Equity Foundation, a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India, in Budget 2023-24, capital investment outlay for infrastructure is being increased by 33% to INR 10 trillion ($122 billion), which would be 3.3% of GDP. Therefore, the increasing investments in infrastructure will propel the growth of the real estate agency and brokerage market during the forecast period.
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The concept of the metaverse is gaining attention in the real estate agency and brokerage market, with potential applications such as virtual property tours, immersive experiences, and virtual marketplaces, offering innovative ways for buyers and sellers to interact, visualize properties, and conduct transactions in a virtual environment. This trend reflects the evolving landscape of real estate and the exploration of new technologies to enhance the customer experience. For instance, in April 2022, Union Square House (USH), a Dubai-based real estate brokerage company announced the launch of first metaverse mansions in the MENA (Middle East and North Africa) region in 2022. USH plans to develop and sell ultra-luxury digital properties as NFTs (non-fungible tokens), with or without their physical twins.
The top opportunities in the real estate agency and brokerage market by type will arise in the residential buildings and dwellings brokers segment, which will gain $332.04 billion of global annual sales by 2027. The top opportunities in the real estate agency and brokerage market by mode will arise in the offline segment, which will gain $225.07 billion of global annual sales by 2027. The top opportunities in the real estate agency and brokerage market by property type will arise in the semi-furnished segment, which will gain $264.60 billion of global annual sales by 2027. The real estate agency and brokerage market size will gain the most in China at $255.15 billion
Real Estate Agency And Brokerage Market Segmentation:
The Real Estate Agency And Brokerage market is segmented by type, By Mode, By Property.
By Type -
The real estate agency and brokerage market is segmented by type into:
a) Residential Buildings And Dwellings Brokers
b) Non-Residential Buildings Brokers
c) Mini Warehouses And Self-Storage Units Brokers
d) Other Brokers
By Mode -
The real estate agency and brokerage market is segmented by mode into:
a) Online
b) Offline
By Property -
The real estate agency and brokerage market is segmented by property into:
a) Semi-Furnished
b) Unfurnished
c) Fully Furnished
Major players in the Real Estate Agency And Brokerage market include Anywhere Real Estate Inc, Mitsui Fudosan Co., Ltd., Berkshire Hathaway Inc., CBRE Group, FirstService Corporation.
The regions covered in the global Real Estate Agency And Brokerage market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global Real Estate Agency And Brokerage Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
Real Estate Agency And Brokerage Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List of Tables
5. Report Structure
……
17. Eastern Europe Market
18. North America Market
19. South America Market
20. Middle East Market
21. Africa Market
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