Global Real Estate Agency and Brokerage Business Research Company Market Report 2022: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, UK, February 2, 2022 /EINPresswire.com/ — According to the ‘Real Estate Agency and Brokerage Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the size of the real estate agency and brokerage market is expected to grow from $1,221.82 billion in 2021 to $1,344.45 billion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The growth of the market is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote working and closure of business activities which resulted in operational challenges. The real estate agency and brokerage services market research shows that the market is expected to reach $1912.99 billion in 2026 with a CAGR of 9.2%. Economic growth and a rapidly growing urban population are expected to augment the growth of the real estate agency and brokerage market over the forecast period.
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The real estate agency and brokerage services market includes sales of real estate and brokerage services by entities (organizations, sole proprietorships and partnerships) that act as agents and/or brokers for real estate activities.
Global Trends in the real estate agency and brokerage market
Real estate companies are investing in artificial intelligence applications to perform various functions such as property search, building management and design. Artificial intelligence helps real estate companies find people looking to buy or sell properties, find suitable property based on customer needs, redesign office spaces based on user behavior.
Segments of the global real estate agency and brokerage market
The global real estate agency market is segmented:
By Type: Residential Buildings and Dwellings Brokers, Non-Residential Buildings Brokers, Mini-Warehouses and Self-Storage Units Brokers, Other Brokers
By mode: online, offline
By property type: fully furnished, semi-furnished, unfurnished
By geography: The global real estate brokerage market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
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The Global Real Estate Agency and Brokerage Market Report 2022 is part of a series of new reports from The Business Research Company that provide global real estate agency and brokerage market overviews, size and forecast analysis and forecasts. market growth for the global real estate agency and brokerage market. , Global Real Estate Agencies and Brokerage Market Share, Global Real Estate Agencies and Brokerage Market Segments and Geographies, Real Estate Agencies and Brokerage Market Players, Revenues, Profiles and Market Shares of Key Competitors in the Real Estate Agencies Market real estate and brokerage. The Real Estate Agency and Brokerage Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s 2022 Global Real Estate Agency and Brokerage Market Report includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: Realogy Holdings Corp., Mitsui Fudosan Co. Ltd., Berkshire Hathaway Inc., CBRE Group, FirstService Corporation, Sekisui House, Savills plc, Jones Lang LaSalle Inc., Colliers International and Shimizu Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with detailed analysis of the impact of COVID-19 on various markets.