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Students And Workers Non-residential Accommodation Global Market will Exceed $29.16 Billion By 2028 with a Projected CAGR of 11.3% | Unite Group PLC, GSA Group, Campus Suites, The Scion Group, Servitas LLC

Students And Workers Non-residential Accommodation Market

Students And Workers Non-residential Accommodation Market

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Students And Workers Non-residential Accommodation Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $29.16 billion In 2028 At A CAGR Of 11.3% :

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%. The growth in the forecast period can be attributed to the adoption of online and hybrid education methods, remote work trends, international mobility, sustainability and esg, health and safety regulations. Major trends in the forecast period include flexible accommodation models, technology integration, sustainability practices, wellness and comfort, customization and personalization.

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Students And Workers Non-residential Accommodation Market Major Segments
The students and workers non-residential accommodation market covered in this report is segmented -
1) By Type: Dormitories, Off Campus Establishments, Migrant Workers' Camps
2) By Price Point: Economy, Mid-Range, Luxury
3) By Channel: Direct Sales, Distributor
4) By Mode of Booking: Online Bookings, Direct Bookings, Other Mode Of Booking

Key Driver - Globalization's Impact On The Restaurant Industry

Globalization is expected to pave the way for more joint ventures, foreign investments, global expansion, and multi-national companies setting up facilities in high-growth regions, thereby allowing restaurant operators to offer their cuisines to customers around the world. Globalization is also making it easier for restaurants to procure exotic ingredients and hence provide a more sophisticated and wider variety of dishes to their customers, thereby giving restaurants an opportunity to compete globally. Furthermore, globalization has increased the number of potential vendors for restaurants, lowering the bargaining power of suppliers and thus helping the bottom line. For example, McDonald's is produced in many countries and has franchises around the world. It invests and supports initiatives to adapt its products and services to different locales to ensure its global brand. This rise in globalization is likely to boost investments and consequently drive the market going forward.

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Prominent Trend - Enhancing The Restaurant Experience By Utilizing Menu Engineering And Data-Driven Tactics

Restaurants are using menu engineering and restaurant reporting strategies to improve customers' experiences and profits. Separate menus for appetizers, entrées/main dishes, desserts, and beverages give servers an additional touch point to ask customers to add something to their order. Also, restaurant operators are analyzing customer preferences through data-driven approaches that enable restaurants to offer relevant choices to customers at each point in the meal.

Students And Workers Non-residential Accommodation Market Players
Major companies operating in the students and workers non-residential accommodation market include American Campus Communities, Unite Group PLC, Campus Apartments Inc., Asset Plus Companies, Centurion Corporation, The Preiss Company, Buckingham Companies, Education Realty Trust Inc., Greystar Real Estate Partners, GSA Group, Campus Living Villages, Scape Student Living, Campus Advantage, Campus Crest Communities, Campus Suites, CampusWorks Development, Capstone On-Campus Management, Colliers International, Corvias Group LLC, Harrison Street Real Estate Capital, Inland American Communities Group, Landmark Properties, Lincoln Property Company, Peak Campus, Pierce Education Properties, Servitas LLC, The Scion Group, Trinitas Ventures, University Student Living.

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Largest And Fastest Growing Region In The Market
Western Europe was the largest region in the students and workers non-residential accommodation market in 2023. North America was the second largest region in the global students and workers non-residential accommodation market. The regions covered in the students and workers non-residential accommodation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Students And Workers Non-residential Accommodation Market Report Structure
3. Students And Workers Non-residential Accommodation Market Trends And Strategies
4. Students And Workers Non-residential Accommodation Market - Macro Economic Scenario
5. Students And Workers Non-residential Accommodation Market Size And Growth
…..
27. Students And Workers Non-residential Accommodation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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