The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As the global real estate rental market undergoes dynamic shifts, driven by factors ranging from elevated home prices to technological advancements, let’s explore the key trends steering its growth, major players in the landscape, and the diverse segmentation defining this vibrant market.

1. Surging Demand Amid Elevated Home Prices

The real estate rental market is witnessing an upward trajectory, fueled by increased demand resulting from soaring home prices. The pandemic-induced lockdowns and rising interest rates have contributed to a notable jump in housing prices globally. For individuals facing challenges in purchasing a home, real estate rentals emerge as a compelling alternative. In 2020, house prices surged by over 5% in 23 countries, as per the IMF’s global house price index. In 2022, India experienced significant residential price hikes, with Delhi-NCR leading at a remarkable 10% YoY increase, followed by Ahmedabad and Hyderabad with 9% and 8% YoY increases, respectively.

2. Dominant Players Shaping the Landscape

At the forefront of the real estate rental market are major companies steering innovation and shaping industry dynamics. Notable players include:

• Daito Trust Construction Co. Ltd.
• Brookfield Asset Management
• American Tower Corporation
• Sun Hung Kai Properties Limited
• CapitaLand Limited
• Mitsui Fudosan Co. Ltd.
• Xiamen C&D
• Simon Property Group Inc.
• Digital Realty Trust Inc.
• Leopalace21 Corporation

3. Tech Integration Redefining Real Estate Services

The advent of new technologies is revolutionizing real estate services, with a significant impact on real estate agents. To enhance client services and fortify buyer-agent relationships, real estate agents are increasingly embracing online listings, video tours, and virtual reality (VR). The role of agents is evolving from mere information arbitrators to becoming local market experts and service providers. Online real estate listing services like Zillow and realtor.com offer extensive housing databases along with tax and purchase history information. Advancements such as video, VR tours, and e-signing services are streamlining real estate transactions.

4. Segmentation: Understanding the Diversity

The real estate rental market is a diverse landscape, segmented based on various factors:

• Type:
  • Residential Buildings And Dwellings Rental Services
  • Non-Residential Buildings Rental Services
  • Mini Warehouses And Self-Storage Units Rental Services
  • Other Rental Services
• Mode:
  • Online
  • Offline
• Property Type:
  • Fully Furnished
  • Semi-Furnished
  • Unfurnished

5. Asia-Pacific Leading the Charge

In 2022, Asia-Pacific emerged as the epicenter of the real estate rental market. This region’s dominance is anticipated to persist, underscoring its pivotal role in steering the global real estate landscape. Asia-Pacific’s influence highlights the region’s dynamic growth potential.

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https://www.thebusinessresearchcompany.com/report/real-estate-rental-global-market-report

The Real Estate Rental Global Market Report 2023  provides an overview of the real estate rental market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The real estate rental market forecast analyzes real estate rental market size, real estate rental market share, leading competitor and their market positions.

The Table Of Content For The Real Estate Rental Market Include:

1. Real Estate Rental Market Executive Summary
2. Real Estate Rental Market Segments
3. Real Estate Rental Market Size And Real Estate Rental Market Growth Rate
4. Key Real Estate Rental Market Trends
5. Major Real Estate Rental Market Drivers
……
25. Key Mergers And Acquisitions In The Real Estate Rental Market
26. Top Real Estate Rental Companies
27. Real Estate Rental Market Opportunities And Strategies
28. Real Estate Rental Market, Conclusions And Recommendations
29. Appendix

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