Market Overview:
The global real estate services market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for rental and trading services across the globe. Additionally, the rising number of businesses and individuals opting for real estate services for personal use is also propelling the growth of this market. The global real estate services market can be segmented on the basis of type into trading service and rental service. The trading service segment is further sub-segmented into brokerage service, appraisal service, and others (title search, consulting, etc.). The rental service segment is further sub-segmented into residential property rental and commercial property rental. On the basis of application, the global real estate services market can be divided into personal use, business use, and others (government/institutional uses). Geographically speaking, North America dominates this market followed by Europe due to high disposable income levels in these regions coupled with growing awareness about benefits offered by real estate services.
Product Definition:
Real estate services are the professional services that help people buy, sell, or lease property. These services can include anything from helping someone find a home to negotiating a contract to representing someone in court.
Trading Service:
Trading services are the intermediaries between buyers and sellers who facilitate the exchange of goods or assets for money or other assets. Trading services can be categorized into two types: active and passive.
Passive trading service involves a pooling of resources where individual participants contribute funds to a central fund that is used to buy/sell commodities in an organized manner. Passive trading is usually done by large institutions such as banks, commodity exchanges, etc.
Rental Service:
Rental service is a type of real estate services that involves renting out residential properties by the owners. It is different from property management in which the agent or manager manages and controls all operations related to leasing. In rental services, a third party agent acts as an intermediary between the tenant and landlord, managing communication between them regarding lease terms and payments.
Application Insights:
The personal application segment accounted for the largest share of more than 60.0% in 2017. The growth can be attributed to the growing preference among individuals for home ownership and rising disposable income levels across various regions, especially in countries such as India and China. Furthermore, easy availability of funds through mortgage loans has facilitated a significant number of consumers to purchase residential properties with ease.
The business application segment is expected to expand at the fastest CAGR over the forecast period owing to an increase in demand from corporate houses for investing in real estate or setting up their offices at commercial complexes or industrial zones located near major airports, seaports or railway stations which provide easy access to customers worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional segment over the forecast period. The region’s growth can be attributed to increasing foreign investments in residential and commercial projects across India, China, Indonesia, Malaysia, Philippines and Thailand. In 2017, Asia Pacific accounted for more than 45% of global real estate transactions.
The European market was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period owing to rising demand from personal as well as business users for investing in prime properties around major cities including London; Paris; Frankfurt; Milan; Rome among others. Moreover it has been observed that investors are shifting their focus towards Germany due to its stable economy along with attractive mortgage rates offered by banks there which have witnessed a surge since 2016 compared with other countries such as U.K.
Growth Factors:
- Increasing population and urbanization: The global population is expected to grow by more than 1 billion people by 2030, with the majority of this growth happening in cities. This will create a greater demand for housing and other real estate services.
- Rising income levels: As incomes rise, people are able to afford more expensive homes and services such as property management and interior design.
- Aging population: The number of seniors is increasing rapidly around the world, creating a greater demand for retirement homes, assisted living facilities, and home health care services.
- Technological advancements: Advances in technology are making it easier for people to buy or rent property online, view virtual tours of properties, and find service providers quickly and easily.
- Globalization: As businesses expand into new markets around the world, they need real estate services that can accommodate their needs quickly and efficiently
Scope Of The Report
Report Attributes
Report Details
Report Title
Real Estate Services Market Research Report
By Type
Trading Service, Rental Service
By Application
Personal, Business, Others
By Companies
Associa, CBRE, Intero Real Estate, Pacific Real Estate Services, Vylla, Bellrock Group, Centex, Pulte Home, D.R.Horton, Lennar, Zillow, Trulia, Tecnocasa, Barnes
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Real Estate Services Market Report Segments:
The global Real Estate Services market is segmented on the basis of:
Types
Trading Service, Rental Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Business, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Associa
- CBRE
- Intero Real Estate
- Pacific Real Estate Services
- Vylla
- Bellrock Group
- Centex
- Pulte Home
- D.R.Horton
- Lennar
- Zillow
- Trulia
- Tecnocasa
- Barnes
Highlights of The Real Estate Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Trading Service
- Rental Service
- By Application:
- Personal
- Business
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Real Estate Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Real estate services is a broad term that can include everything from finding and purchasing a home to managing and leasing an existing one.
Some of the major players in the real estate services market are Associa, CBRE, Intero Real Estate, Pacific Real Estate Services, Vylla, Bellrock Group, Centex, Pulte Home, D.R.Horton, Lennar, Zillow, Trulia, Tecnocasa, Barnes.
The real estate services market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Real Estate Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Real Estate Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Real Estate Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Real Estate Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Real Estate Services Market Size & Forecast, 2018-2028
4.5.1 Real Estate Services Market Size and Y-o-Y Growth
4.5.2 Real Estate Services Market Absolute $ Opportunity
Chapter 5 Global Real Estate Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Real Estate Services Market Size Forecast by Type
5.2.1 Trading Service
5.2.2 Rental Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Real Estate Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Real Estate Services Market Size Forecast by Applications
6.2.1 Personal
6.2.2 Business
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Real Estate Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Real Estate Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Real Estate Services Analysis and Forecast
9.1 Introduction
9.2 North America Real Estate Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Real Estate Services Market Size Forecast by Type
9.6.1 Trading Service
9.6.2 Rental Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Real Estate Services Market Size Forecast by Applications
9.10.1 Personal
9.10.2 Business
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Real Estate Services Analysis and Forecast
10.1 Introduction
10.2 Europe Real Estate Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Real Estate Services Market Size Forecast by Type
10.6.1 Trading Service
10.6.2 Rental Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Real Estate Services Market Size Forecast by Applications
10.10.1 Personal
10.10.2 Business
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Real Estate Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Real Estate Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Real Estate Services Market Size Forecast by Type
11.6.1 Trading Service
11.6.2 Rental Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Real Estate Services Market Size Forecast by Applications
11.10.1 Personal
11.10.2 Business
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Real Estate Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Real Estate Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Real Estate Services Market Size Forecast by Type
12.6.1 Trading Service
12.6.2 Rental Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Real Estate Services Market Size Forecast by Applications
12.10.1 Personal
12.10.2 Business
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Real Estate Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Real Estate Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Real Estate Services Market Size Forecast by Type
13.6.1 Trading Service
13.6.2 Rental Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Real Estate Services Market Size Forecast by Applications
13.10.1 Personal
13.10.2 Business
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Real Estate Services Market: Competitive Dashboard
14.2 Global Real Estate Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Associa
14.3.2 CBRE
14.3.3 Intero Real Estate
14.3.4 Pacific Real Estate Services
14.3.5 Vylla
14.3.6 Bellrock Group
14.3.7 Centex
14.3.8 Pulte Home
14.3.9 D.R.Horton
14.3.10 Lennar
14.3.11 Zillow
14.3.12 Trulia
14.3.13 Tecnocasa
14.3.14 Barnes
