Press release
Real Estate Agency and Brokerage Market Analysis: Share, Drivers, Growth 2024-2033
"The new report published by The Business Research Company, titled Real Estate Agency and Brokerage Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the real estate agency and brokerage market size has grown strongly in recent years. It will grow from $1414.75 billion in 2023 to $1508.15 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The real estate agency and brokerage market size is expected to see strong growth in the next few years. It will grow to $1917.99 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=2219&type=smp
Urbanization Boom Fueling Demand For Real Estate Agency And Brokerage
Economic growth and a rapidly growing urban population are expected to increase the demand for real estate agency and brokerage, during the forecast period. The increasing number of rural residents migrating into cities is resulting in an increasing demand for access to affordable housing and commercial spaces. This provides a significant opportunity for real estate service providers to improve housing, retail, and other commercial services. Globally, around 60% of urban settlements remained to be built. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2031. This rapid urbanization is expected to boost the demand for real estate agencies and brokers and drive the real estate agency and brokerage market going forward.
The Power Of Artificial Intelligence In Real Estate Operations
Real estate companies are investing in artificial intelligence applications to perform various functions such as property search, building management, and design. Artificial intelligence is helping real estate companies to find people looking to buy or sell properties, find a suitable property based on customer requirements, and redesign office spaces based on user behavior. According to the research conducted by Drooms, AI technology providers around 54% of property professionals surveyed already use artificial intelligence to improve keyword search and 69% believe AI gives their companies a competitive advantage by enabling the high-speed search of documents. For instance, REX, a real estate company analyses data from third parties such as Google to determine the willingness of a person to buy or sell a house. WeWork, a startup that provides shared workspaces is using artificial intelligence to design its office spaces. Skyline, an Israeli company's artificial intelligence platform recommends properties to real estate investors by using data from more than 130 sources and taking into account over 10,000 different attributes of properties' lives.
The real estate agency and brokerage market covered in this report is segmented -
1) By Type: Residential Buildings And Dwellings Brokers, Non-Residential Buildings Brokers, Mini warehouses And Self-Storage Units Brokers, Other Brokers
2) By Mode: Online, Offline
3) By Property Type: Fully Furnished, Semi-Furnished, Unfurnished
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=2219&type=discount
Major companies operating in the real estate agency and brokerage market report are Anywhere Real Estate Inc., Mitsui Fudosan Co., Ltd., Berkshire Hathaway Inc., CBRE Group, FirstService Corporation, Jones Lang LaSalle Inc., Sekisui House, Savills plc, Cushman & Wakefield Inc., Colliers International, New World Development Co, Wheelock and Company Ltd, Henderson Land Development Company Ltd, Guangzhou R&F Properties Co. Ltd., Sino-Ocean Group Holding Limited, Agile Property, China Merchants Property, Evergrande Group, Knight Frank, Tokyo Century Leasing, Intu Group, H&H Group, Berkeley Group, Wheatley Housing Group, Praedium ONCOR International, PPF Real Estate Holding, WOOD & Company, Red Feniks, Awaye Realty, MIR Kvartir, Gorodskoy Rieltorskiy Centr, Atalanta, Coldwell Banker Realty, Keller Williams Realty, HomeServices of America, Sotheby's International Realty, Compass Realty Solutions, Triplemint Real Estate LLC, Macdonald Realty, Lennard Commercial Realty, Brokerage, RBC Capital Markets Real Estate Group, Sergio Castro Imóveis, Portal 62imoveis.com, Urbanizadora Paranoazinho, Villagua Atividades Imobiliarias, Alfa Center Imóveis, URBS Lançamentos, Taiana Propiedades, JB SRUR, D'Aria Propiedades, Binayah Real Estate Dubai, FAM Properties, Better Homes, D&B Real Estate Dubai, Haus & Haus, Driven Properties, Tanami Properties Dubai, Allsopp & Allsopp, Steigen Real Estate, Rebosa, Real Dots Properties, TITAN Property Group, RE/MAX, Precision Realty Brokerage.
Contents of the report:
1. Executive Summary
2. Real Estate Agency and Brokerage Market Report Structure
3. Real Estate Agency and Brokerage Market Trends And Strategies
4. Real Estate Agency and Brokerage Market - Macro Economic Scenario
5. Real Estate Agency and Brokerage Market Size And Growth
…..
27. Real Estate Agency and Brokerage Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/real-estate-agency-and-brokerage-global-market-report
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The Business Research Company
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Email: info@tbrc.info
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"Learn More About The Business Research Company
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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