Real Estate Sector Market Report 2024 (Global Edition)

Global Real Estate Sector Market Report 2024 Market Size Split by Property Outlook: (Residential, Commercial, Industrial, Land, Others), by Type Outlook: (Sales, Rental, Lease)

Real Estate Sector Market Report Description

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Real Estate Sector Market Insights Video

Competitive Landscape of the Real Estate Sector Market

The competitive landscape of the real estate sector is highly fragmented, with a mix of large multinational firms, regional players, and smaller, local developers. Key competitors in the market include real estate developers, brokers, property managers, and investment firms, each targeting different segments such as residential, commercial, industrial, and retail properties.

In October 2024, In the second quarter of the financial year 2024-25, Godrej Properties secured six new land parcels, aligning with its ambitious plan to roll out housing projects valued at ?9,650 crore. This move underscores the company's expansion strategy, driven by robust market demand. (Source: https://www.livemint.com/companies/news/godrej-properties-plans-to-build-rs-9-650-crore-worth-of-housing-projects-acquires-6-land-parcels-in-q2-) In September 2024, DLF, a publicly listed real estate developer based in Delhi NCR, is set to bolster its retail portfolio with the construction of three new malls in Delhi, Gurugram, and Goa. The new malls will be located in Moti Nagar (central-west Delhi), DLF Phase-5 in Gurugram, and Panjim in Goa. Currently, DLF boasts a retail portfolio of approximately 5 million square feet. (Source: https://www.moneycontrol.com/news/business/real-estate/dlf-to-construct-three-new-malls-grow-commercial-portfolio-sriram-khattar-12822532.html)

Top Companies Market Share in Real Estate Sector Industry: (In no particular order of Rank)

• Brookfield Asset Management Inc.
• ATC IP LLC.
• Prologis
• Inc.
• SIMON PROPERTY GROUP
• L.P.
• Coldwell Banker
• RE/MAX
• LLC.
• Keller Williams Realty
• Inc.
• CBRE Group
• Inc.
• Sotheby’s International Realty Affiliates LLC.
• Colliers
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Real Estate Sector Market

Which Region Dominates the Real Estate Sector Market in 2024?

According to Cognitive Market Research, North America dominates the real estate sector due to its strong and diversified economy, urbanization trends, and established infrastructure. The region benefits from a high demand for both residential and commercial properties, driven by a growing population, increasing disposable income, and urban migration. The presence of large, established real estate companies, robust financial markets, and attractive investment opportunities further contribute to North America's market dominance.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is the fastest-growing region in the real estate sector due to rapid urbanization, a booming middle class, and increasing infrastructure development. The region's expanding economies, particularly in countries like China, India, and Southeast Asian nations, drive demand for residential, commercial, and industrial properties. Large-scale urbanization and the rise of megacities fuel the need for new housing, office spaces, and retail centers.

The current report Scope analyzes Real Estate Sector Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Real Estate Sector

According to Cognitive Market Research, the global Real Estate Sector market size was estimated at USD 3625.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1450.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Real Estate Sector market with a market size of USD 1144.21 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. The U.S. market's economic stability, urbanization, and technological advancements.
• The Canada Real Estate Sector market had a market share of USD 174.02 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Canada’s economic stability, urbanization, and technological advancements.
• The Mexico Real Estate Sector market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 131.97 million in 2024.

Europe Real Estate Sector

According to Cognitive Market Research, the global Real Estate Sector market size was estimated at USD 3625.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1087.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

• The United Kingdom Real Estate Sector market had a market share of USD 182.73 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. In the UK, Real Estate Sector sales witness an upswing due to the urban regeneration projects, sustainable building initiatives.
• The France Real Estate Sector market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 100.06 million in 2024.
• According to Cognitive Market Research, the German Real Estate Sector market size was valued at USD 215.35 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. In Germany, Real Estate Sector surged due to the urban regeneration projects, sustainable building initiatives.
• The Italy Real Estate Sector market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 93.54 million in 2024.
• The Russia Real Estate Sector market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 168.59 million in 2024.
• The Spain Real Estate Sector market is projected to witness growth at a CAGR of 3.1% during the forecast period with a market size of USD 89.19 million in 2024
• The Luxembourg Real Estate Sector market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 33.72 million in 2024.
• The Portugal Real Estate Sector market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 22.84 million in 2024.
• The Greece Real Estate Sector market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 13.05 million in 2024.
• The Rest of Europe's Real Estate Sector market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 168.59 million in 2024.

Asia Pacific Real Estate Sector

According to Cognitive Market Research, the global Real Estate Sector market size was estimated at USD 3625.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 833.87 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Real Estate Sector market size was valued at USD 375.24 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Real Estate Sector surged in China due to rapid urbanization, rising disposable incomes.
• The Japan Real Estate Sector market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 115.07 million in 2024.
• The India Real Estate Sector market had a market share of USD 100.06 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. India's rapid urbanization, rising disposable incomes.
• The South Korean Real Estate Sector market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 83.39 million in 2024.
• The Australian Real Estate Sector market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 43.36 million in 2024.
• The South East Asia Real Estate Sector market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 57.54 million in 2024.
• The Rest of Asia Pacific Real Estate Sector market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 59.20 million in 2024.

South America Real Estate Sector

According to Cognitive Market Research, the global Real Estate Sector market size was estimated at USD 3625.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 181.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Real Estate Sector market size was valued at USD 77.59 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Real Estate Sectors flourished in Brazil due to increased foreign investment.
• Argentina's Real Estate Sector market had a market share of USD 30.45 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. Argentina's increased foreign investment.
• Colombia Real Estate Sector market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 16.13 million in 2024.
• Peru Real Estate Sector market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 14.86 million in 2024.
• Chile Real Estate Sector market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 13.05 million in 2024.
• The Rest of Latin America's Real Estate Sector market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 29.19 million in 2024.

Middle East and Africa Real Estate Sector

According to Cognitive Market Research, the global Real Estate Sector market size was estimated at USD 3625.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 72.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031..

• The GCC Countries Real Estate Sector market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 31.03 million in 2024. Real Estate Sector sales flourish due to the urbanization, population expansion.
• The Egypt Real Estate Sector market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 7.61 million in 2024.
• The South Africa Real Estate Sector market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 11.46 million in 2024. Real Estate Sector sales flourished in South Africa due to urbanization, population expansion.
• The Turkey Real Estate Sector market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 6.24 million in 2024.
• The Nigeria Real Estate Sector market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 7.61 million in 2024.
• The Rest of the MEA Real Estate Sector market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 8.56 million in 2024.

Real Estate Sector Market Analysis

How are Segments Performing in the Global Real Estate Sector Market?

Real Estate Sector Market Property Segment Analysis

According to Cognitive Market Research, the residential real estate segment is the dominant force in the market, driven by increasing urbanization, population growth, and rising income levels. As cities expand and the demand for housing intensifies, residential properties, including single-family homes, apartments, and condominiums, continue to be the primary focus of real estate development.

The Commercial real estate is the fastest-growing segment, driven by economic development, urbanization, and a shift toward modern, multi-use spaces. As businesses expand and diversify, there is a rising need for office spaces, retail centers, and industrial warehouses. E-commerce growth has spurred demand for logistics and warehousing facilities, while the shift to flexible workspaces fuels the growth of co-working spaces and office buildings.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Real Estate Sector Industry. Request a Free Sample PDF!

Real Estate Sector Market Type Segment Analysis

According to Cognitive Market Research, the sales segment is the dominant category in the real estate market, driven by strong demand for property ownership across residential, commercial, and industrial sectors. The desire for long-term investment, wealth-building, and stability propels property sales, with buyers looking for capital appreciation and secure assets. Low-interest rates, government incentives, and favorable lending conditions in certain regions further fuel the sales market.

The rental segment is the fastest-growing in the real estate sector, driven by increasing mobility, urbanization, and shifting attitudes toward property ownership. The growing number of young professionals, students, and expatriates seeking temporary housing solutions in major cities contributes to the rental market's expansion. Additionally, the rise of flexible work arrangements and the uncertainty in economic conditions prompt many to rent rather than buy.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion