Commercial Real Estate Brokerage and Management Market Growing at a CAGR of 7.2% from 2021 to 2030
Increasing urbanization in developing countries like India, Brazil and others, as well as an increase in the disposable income of the population, are driving market growth.
PORTLAND, OR, UNITED STATES, Sep 29, 2021 /EINPresswire.com/ – The commercial real estate brokerage and management market has been strong over the past decade due to the increase in urban populations and the migration from rural areas to cities population growth and the introduction of advanced technologies such as Internet of Things (IoT) and Artificial Intelligence (AI) to real estate agent management driving the growth of commercial real estate brokerage and management.
The commercial real estate brokerage and management market is expected to reach $ 424.4 billion by 2030, up from $ 209.9 billion in 2020, at a CAGR of 7.2% by 2021 to 2030.
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The market for brokering and managing commercial real estate is mainly driven by increasing urbanization in developing countries. In addition, the population growth has led to an increasing demand for commercial real estate. In addition, several government policies such as the golden visa, low lending rates, and affordable housing programs are also driving market growth.
Covid-19 impact analysis
The COVID-19 pandemic has temporarily stopped the production and construction plant due to a lengthy lockdown in countries such as Japan, the USA, China, India and others. In addition, the COVID-19 pandemic has closed construction activities due to the prolonged lockdown in key countries such as the United States, China, Japan, India and Germany. This severely hampered the growth of the commercial real estate brokerage and management industry in 2020.
Top leading players
CBRE Group, Inc
Christie’s International Real Estate
Cushman & Wakefield Plc
Jones Lang LaSalle IP, Inc
Newmark & Company Real Estate, Inc
Colliers International Group, Inc
Savills Plc
Mitsui Fudosan Co. Ltd
Sees Real Estate Services LP
Kidder Mathews Inc
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Important market segments
AFTER solution
sales
leasing
Other
By type
Mediation
administration
AFTER application
offices
Industry
retail trade
Apartment building
Other
By region
North America
Europe
Asia Pacific
LAMEA
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David Correa
Allied Analytics LLP
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September 29, 2021 at 8:48 am GMT
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