Real Estate Market to Grow by USD 1.13 Trillion from 2024-2028, Driven by Rising Private Investment, Report on How AI is Driving Market Transformation – Technavio
NEW YORK, Feb. 14, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global real estate market size is estimated to grow by USD 1.13 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.27% during the forecast period. Growing aggregate private investment is driving market growth, with a trend towards increasing marketing initiatives. However, regulatory uncertainty in real estate market poses a challenge. Key market players include Boston Commercial Properties Inc., Brigade Enterprises, Brookfield Business Partners LP, CBRE Group Inc., Christies International Real Estate, Dalian Wanda Group, DLF Ltd., Keller Williams Realty Inc., Lee and Associates Licensing and Administration Co. LP, Link Asset Management Ltd., Marcus and Millichap Real Estate Investment Services, Inc., MaxWell Realty Canada, NAI , Nakheel PJSC, Prologis Inc., RAK PROPERTIES, Segro Plc, Shannon Waltchack, TCN Worldwide, and WeWork Inc..Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF
Real Estate Market Scope
Report Coverage
Details
Base year
2023
Historic period
2018 – 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 5.27%
Market growth 2024-2028
USD 1133 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
4.77
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution
APAC at 63%
Key countries
China, US, India, Japan, and Germany
Key companies profiled
Boston Commercial Properties Inc., Brigade Enterprises, Brookfield Business Partners LP, CBRE Group Inc., Christies International Real Estate, Dalian Wanda Group, DLF Ltd., Keller Williams Realty Inc., Lee and Associates Licensing and Administration Co. LP, Link Asset Management Ltd., Marcus and Millichap Real Estate Investment Services, Inc., MaxWell Realty Canada, NAI Global, Nakheel PJSC, Prologis Inc., RAK PROPERTIES, Segro Plc, Shannon Waltchack, TCN Worldwide, and WeWork Inc.
Market Driver
The real estate market is experiencing due to rising population and increasing demand for personal household space. Home sales have rebounded, with millennials leading the charge in homeownership. Commercial real estate, including offices, shopping malls, and industrial buildings, is also thriving. Economic and local market conditions influence housing demand, while interest rates impact investment options. Fully furnished, semi-furnished, and unfurnished properties are available for purchase or rent. Online transactions are gaining popularity, but offline transactions still dominate. Home prices and median rent continue to rise, making property investment an attractive option. Real estate development, property management, financing, and technological integration are key areas of focus. Infrastructure development, including construction of roads, utility systems, and buildings, is essential for growth. Undeveloped land and vacant properties offer opportunities for investment. Agriculture, employment generators like manufacturing and logistics, and sectors like e-commerce and telecommunications drive demand for residential and commercial properties. Tax benefits and tax exemptions make real estate an attractive investment.