Real Estate Brokerage Market Size, Industry Analysis Report By Type (Residential Buildings And Dwellings Brokers, Non-Residential Buildings Brokers, Mini Warehouses And Self-Storage Units Brokers), By Mode (Online, Offline) & Region – Forecast
- PUBLISHED ON
- 2024-10-03
- NO OF PAGES
- CATEGORY
- Banking & Finance
It is estimated for the global real estate brokerage market to witness growth at a CAGR of 7.1% during the forecast period of 2022 to 2030. The market witnessed growth at the rate of 6.6% during the previous forecast period of 2018 to 2021. A real estate agent or broker is a person who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. The return he or she finds as the result of selling of the property is known as brokerage.
Global Real Estate Brokerage Market- Growth Factors
The growth in the construction activities across the globe to boost the growth of the market during the forecast period. The growth in the population across the globe is demanding the increase in the construction of houses for living and this factor is also estimated to boost the growth of the market during the forecast period. Apart from this the growth in the disposable income of the people is leading to the growth in the construction activities and this facto is also estimated to boost the growth of the market during the forecast period. The growth in the office construction owing to the growing demand for employment is also estimated to foster the growth of the market during the forecast period. Also, the shifting of people from rural areas to smart cities across the globe is leading to continuous development in these cities and this factor is also estimated to drive the growth of the market during the forecast period.
Global Real Estate Brokerage Market- Market Trends
• The growth in the population across the globe is demanding the increase in the construction of houses for living and this factor is estimated to boost the growth of the market during the forecast period.
• Apart from this the growth in the disposable income of the people is leading to the growth in the construction activities and this facto is also estimated to boost the growth of the market during the forecast period.
• Also, the shifting of people from rural areas to smart cities across the globe is leading to continuous development in these cities and this factor is also estimated to drive the growth of the market during the forecast period.
Global Real Estate Brokerage Market – Segmentation
The global real estate brokerage market is segmented based on type and by mode.
Based on type, the market is segmented into,
• Residential Buildings and Dwellings Brokers
• Non-Residential Buildings Brokers
• Mini warehouses and Self-Storage Units Brokers
• Other Brokers
Based on mode, the market is segmented into,
• Online
• Offline
Global Real Estate Brokerage Market – Regional Analysis
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.
Global Real Estate Brokerage Market – Key Market players
CBRE Group; Jones Lang LaSalle Inc; Newmark Grubb Knight Frank; Keller Williams; Century 21 are the major players that are driving the growth of the market during the forecast period.
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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
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