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Students And Workers Non-Residential Accommodation Global Market Report 2024 - By Size, Share, Growth, Trends, Analysis, Forecast TO 2033
The Business Research Company's Students And Workers Non-residential Accommodation Global Market Report 2023 identifies increasing number of international students and workers in developed countries as the major driver for the Students And Workers Non-residential Accommodation market's growth in the forecast period. International students and workers refer to individuals who come from foreign countries to study or work in another country. Non-residential accommodations play a vital role in supporting international students and workers by providing affordable, convenient, and flexible lodging options near educational institutions and workplaces.
The students and workers non-residential accommodation market size has grown rapidly in recent years. It will grow from $17.18 billion in 2023 to $18.98 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to educational enrollment, economic conditions, urbanization, government policies, demographic shifts. The students and workers non-residential accommodation market size is expected to see rapid growth in the next few years. It will grow to $29.16 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%.
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Major competitors in the Students And Workers Non-residential Accommodation market are American Campus Communities, Unite Group PLC, Campus Apartments Inc., Asset Plus Companies, Centurion Corporation.
A key trend in the Students And Workers Non-residential Accommodation market includes Major companies operating in the student and worker non-residential accommodation marketsHigh-quality living experiences refer to the overall quality of life and satisfaction that individuals enjoy in their living environments. This includes factors such as comfortable and well-maintained accommodations, access to essential services, safety, a sense of community, and amenities that enhance their daily lives. For instance, in January 2023, Abrdn PLC, a US-based investment company, launched a purpose-built student accommodation platform (PBSA) called MYS Student Living. This platform aims to address the shortage of student housing in the UK and Europe while also catering to the growing number of university students. MYS Student Living intends to develop and operate PBSA assets that offer students a high-quality living experience and meet the needs of universities. The company's PBSA assets will have a focus on sustainability and well-being, featuring energy-efficient technologies, green spaces, and amenities that support students' academic and social success.
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The Students And Workers Non-residential Accommodation market is segmented -
• By Type: Dormitories, Off Campus Establishments, Migrant Workers' Camps
• By Price Point: Economy, Mid-Range, Luxury
• By Channel: Direct Sales, Distributor
• By Mode of Booking: Online Bookings, Direct Bookings, Other Mode Of Booking
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the Students And Workers Non-residential Accommodation market.
The Business Research Company's "Global Students And Workers Non-residential Accommodation Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Students And Workers Non-residential Accommodation Market Include:
1. Executive Summary
2. Students And Workers Non-residential Accommodation Market Characteristics
3. Students And Workers Non-residential Accommodation Product/Service Analysis -Product/Service Examples
4. Students And Workers Non-residential Accommodation Market Trends And Strategies
5. Students And Workers Non-residential Accommodation Market - Macro Economic Scenario
.................
68. Global Students And Workers Non-residential Accommodation Market Competitive Benchmarking
69. Global Students And Workers Non-residential Accommodation Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Students And Workers Non-residential Accommodation Market
71. Students And Workers Non-residential Accommodation Market Future Outlook and Potential Analysis
72. Appendix
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