SAN FRANCISCO, April 23, 2018 /PRNewswire/ --
The global real estate market is expected to generate a revenue of USD 4,263.7 billion by 2025, according to a new report by Grand View Research, Inc. Factors such as the increasing demand for housing real estate space, rapid urbanization through migration in search for better amenities. Rapid economic development in the developing regions and countries like India, China, and many African countries has enhanced income levels and helped in the real estate market.
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Real estate market involves buying, selling and renting, leasing of property and condominiums for commercial and personal household usage. Commercial real estate business had grown exponentially in the last decade owing to increased number of key players entering the regional market as well. Government reforms, lower rentals, mortgage rates in the developing countries is likely to boost the market over the forecast period
According to United Nations, approximately 50% of the population lives in urban areas and this figure is set to reach up to 65% in the forecast period owing to the migration into cities which turn into megacities with bustling urban amenities and lifestyle.
Browse full research report with TOC on "Real Estate Market Size, Share & Trends Analysis Report By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa), Competitive Landscape, And Segment Forecasts, 2018 - 2025" at: https://www.grandviewresearch.com/industry-analysis/real-estate-market
Further Key Findings From the Report Suggest:
- The market is driven by rapid urbanization through migration to find better amenities thus increasing the demand for urban home spaces
- Real estate spaces for commercial, retail, industrial and healthcare infrastructure are in high demand with increasing urbanization
- Political uncertainty is hampering the market growth to an extent due to hesitation from the investors due to unsure returns and initiation of the projects
- Asia Pacific and Middle east are the hotspots for real estate development and investment supported by large population and favorable regulations by the governments
- North America, Asia Pacific and Middle East Asia are set to witness considerable growth in demand for personal real estate spaces over the forecast period driven by the increasing population and favorable reforms from the government bodies
- Some of the leading real estate companies are Central General Development CO., Ltd., Equity Residential, Grainger Plc, Dalian Wanda Group, LeadingRE, Aston Pearl Real Estate and others
Browse related reports by Grand View Research:
- Hair Care Market - The global hair care market was valued at USD 160 Billion in 2016 and is expected to grow further over the forecast period.
- Railroads Market - The global railroads market was valued at USD 508.5 billion in 2016 and is projected to grow at a CAGR of 5.7% during the forecast period.
- Soap and Detergent Market - The global soap and detergent market size was estimated at USD 97.26 billion in 2016.
- Packaged Water Market - The global packaged water market size was valued at USD 255.7 billion in 2016, and is anticipated to reach USD 470.0 billion by 2025
Grand View Research has segmented the real estate market into regions & countries on both revenue and volume fronts:
- Regional Outlook (by Revenue, USD Billion; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- France
- UK
- Asia Pacific
- China
- India
- Latin America
- Brazil
- MEA
- UAE
- North America
- Regional Outlook (by Million units sold, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- France
- UK
- Asia Pacific
- China
- India
- Latin America
- Brazil
- MEA
- North America
Access Full Press Release of This Report: https://www.grandviewresearch.com/press-release/global-real-estate-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected]
Web: https://www.grandviewresearch.com
SOURCE Grand View Research, Inc.
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