Real Estate Market By Property Type (Residential Real Estate, Commercial Real Estate, Industrial Real Estate, Land), By Business Type (Sales, Rental, Leasing), By End-User (Retail, Residential, Commercial, Industrial), and By Region; Global Insights & Forecast (2023 – 2030)

As per Intent Market Research, the Real Estate Market was valued at USD 5.1 Trillion in 2024-e and will surpass USD 7.2 Trillion by 2030; growing at a CAGR of 6.1% during 2025-2030.

The global real estate market is a dynamic sector encompassing residential, commercial, industrial, and land properties. It is driven by factors like urbanization, economic growth, and evolving consumer preferences. Residential real estate remains the largest segment, fueled by the increasing demand for housing in urban areas. Commercial real estate is also growing rapidly, particularly in response to the expansion of e-commerce and logistics needs. The retail sector continues to be a significant end-user, despite the rise of digital shopping. North America holds the largest market share, supported by a mature real estate landscape and favorable economic conditions. Leading companies in the market include CBRE, Brookfield, and Prologis, with technology and investment driving competition and innovation.

Residential Real Estate is Largest Owing to Growing Urbanization

The residential real estate market is experiencing continuous growth, especially in regions where housing demand exceeds supply. The shift towards suburban living, due to urban congestion, and the increasing affordability of housing finance have given this subsegment an edge in the market. In emerging markets, such as India and parts of Latin America, there is also a surge in demand for residential properties as people move towards cities for employment opportunities and a better standard of living. As a result, developers are focusing more on residential projects to cater to this ever-expanding demand.

Commercial Real Estate is Fastest Growing Owing to E-Commerce Growth

Commercial real estate is witnessing significant growth, primarily driven by the increase in e-commerce and logistics demands. Retailers, both online and traditional, require vast spaces for warehousing, distribution centers, and retail spaces. The rise of online shopping has led to a heightened need for logistics facilities, making warehouses one of the fastest-growing types of commercial real estate. This growth has led to increased investments in industrial warehouses, distribution centers, and logistics parks, especially in strategic locations close to transportation hubs. The rapid evolution of the digital economy has also fueled the demand for office spaces that cater to the needs of tech companies, co-working spaces, and flexible work environments.

Apart from the logistics sector, commercial real estate is growing as businesses are expanding, leading to a greater need for office spaces and retail properties. This has especially been seen in major urban centers and business hubs across North America and Europe. The demand for well-located office spaces with the latest amenities is expected to continue rising, further enhancing the growth of commercial properties in these regions.

Retail Sector is Largest End-User of Real Estate

Among the various end-user industries in the real estate market, retail is one of the largest and most influential sectors. The retail sector includes spaces for stores, showrooms, shopping malls, and other commercial properties that facilitate consumer shopping. Even with the growth of e-commerce, the retail industry remains strong, especially in areas where consumers prefer physical shopping experiences. Shopping centers, malls, and retail complexes continue to be key drivers of demand in the commercial real estate sector. Retail real estate is further segmented into high-street retail, shopping malls, and outlet stores, all of which are growing in demand, especially in developing economies.

The retail sector is essential for real estate development due to the need for strategically located retail properties that offer accessibility, convenience, and an enhanced customer experience. As retail evolves and merges with digital platforms, there is a growing demand for innovative, mixed-use developments that combine retail, entertainment, and residential spaces. This creates new opportunities for real estate developers to meet the needs of modern consumers who are looking for more than just a place to shop.

North America is Largest Region in the Global Real Estate Market

In terms of geographical market dominance, North America remains the largest region in the global real estate market. The United States, in particular, continues to be the leader due to its stable economic environment, mature real estate sector, and high demand for both residential and commercial properties. This region has witnessed consistent demand in all real estate segments, supported by factors like a high standard of living, continuous urbanization, and a well-developed financial market that offers easy access to capital for real estate projects. The U.S. market has also seen a rise in the number of institutional investors and real estate investment trusts (REITs), further propelling the market's expansion.

North America’s real estate market benefits from sophisticated infrastructure, well-established legal frameworks, and strong investment activities, making it an attractive destination for global investors. In addition, the shift towards urban development and the increase in housing demand in cities like New York, San Francisco, and Chicago further reinforce the region's market dominance. The trend of adopting advanced technologies in real estate, such as smart homes and energy-efficient buildings, also plays a significant role in driving the North American real estate market.

Leading Companies and Competitive Landscape in the Real Estate Market

The global real estate market is highly competitive, with several large multinational companies dominating the sector. Some of the leading players include CBRE Group, Brookfield Asset Management, and Prologis, among others. These companies are known for their diverse portfolios, encompassing various property types like residential, commercial, and industrial real estate. They also offer a range of services, including property management, leasing, and development. Additionally, there is an increasing presence of real estate investment trusts (REITs), which allow investors to gain exposure to large-scale real estate projects without direct ownership.

The competitive landscape in the real estate market is also being shaped by technological advancements, such as property technology (PropTech), which has revolutionized real estate transactions, management, and investment strategies. Companies are leveraging technology to enhance efficiency, improve customer experiences, and optimize property portfolios. The market is also experiencing an influx of global capital, with institutional investors showing a growing interest in real estate as a stable, long-term asset class. These factors contribute to the overall competitiveness of the market, pushing companies to innovate and adopt new business models to stay ahead of their competitors.

List of Leading Companies:

• Brookfield Asset Management
• CBRE Group
• Keller Williams Realty
• Prologis
• Jones Lang Lasalle (JLL)
• Hines
• Colliers International
• Cushman & Wakefield
• Simon Property Group
• Digital Realty
• DLF Limited
• China Vanke Co., Ltd.
• New York Mortgage Trust, Inc.
• Boston Properties
• Tishman Realty & Construction

Recent Developments:

• Brookfield Asset Management has announced the acquisition of a controlling stake in a prominent real estate group, expanding its global portfolio. (Source)
• CBRE has introduced a new digital platform that streamlines property transactions and enhances the efficiency of property management services. (Source)
• Prologis has expanded its logistics real estate operations in key international markets to meet increasing demand for warehouse space. (Source)
• Tishman Realty announced the acquisition of multiple commercial properties across Europe, enhancing its international presence. (Source)
• JLL has launched a new sustainability initiative aimed at improving energy efficiency in buildings across its global portfolio. (Source)

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