Dublin, June 08, 2020 (GLOBE NEWSWIRE) -- The "Real Estate Rental Global Market Report 2020-30: Covid 19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global real estate rental market as it emerges from the Covid 19 shut down.
The global real estate rental market is expected to grow from $1759.8 billion in 2019 to $1787.8 billion in 2020 at a compound annual growth rate (CAGR) of 1.6%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $2216.2 billion in 2023.
Asia Pacific was the largest region in the global real estate rental market, accounting for 32% of the market in 2019. Western Europe was the second largest region accounting for 29% of the global real estate rental market. Africa was the smallest region in the global real estate rental market.
Real estate agents are increasingly using new technologies such as online listing, video and virtual reality (VR), to provide better services to clients and strengthen the buyer-agent relationship. With advancements in technology, the role of real estate agents is shifting from just an information arbitrator to a local market expert and service provider. Online real estate listing services such as Zillow and realtor.com provide housing database and information on tax and purchase history. Technologies such as video, VR tours and e-signing services also streamline the real estate transactions. For instance, in 2016 Sotheby's International Realty, a luxury real estate franchisor, began hosting 3D home tours on its listing pages.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider real estate rental market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The real estate rental market section of the report gives context. It compares the real estate rental market with other segments of the real estate market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, real estate rental indicators comparison.
Companies Mentioned
- CBRE Group
- Colliers International
- RE/MAX
- Marcus and Millichap
- HFF
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Real Estate Rental Market Characteristics
4. Real Estate Rental Market Product Analysis
5. Real Estate Rental Market Supply Chain
6. Real Estate Rental Market Customer Information
7. Real Estate Rental Market Trends And Strategies
8. Real Estate Rental Market Size And Growth
9. Real Estate Rental Market Regional Analysis
10. Real Estate Rental Market Segmentation
11. Real Estate Rental Market Metrics
12. Asia-Pacific Real Estate Rental Market
13. Western Europe Real Estate Rental Market
14. Eastern Europe Real Estate Rental Market
15. North America Real Estate Rental Market
16. South America Real Estate Rental Market
17. Middle East Real Estate Rental Market
18. Africa Real Estate Rental Market
19. Real Estate Rental Market Competitive Landscape
20. Key Mergers And Acquisitions In The Real Estate Rental Market
21. Market Background: Real Estate Market
22. Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/1bgtbf
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Real Estate Rental Global Market Report 2020-30 - The Impact of COVID-19 Impact and Recovery Plans for the Industry - GlobeNewswire
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