Real Estate Agency and Brokerage Service Market was valued at USD 236 Billion in 2022 and is projected to reach USD 385 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
Between 2023 and 2033, the outlook for the Real Estate Agency and Brokerage Service market looks set for a transformative shift. Demand is expected to experience sustained growth, driven by the expansion of emerging markets, increasing digital adoption, and a growing trend towards remote work. Real estate agencies will be at the forefront of adapting to these changes, leveraging technology such as blockchain for secure transactions, AI for personalized services, and big data for predictive analytics. As the demand for residential and commercial spaces grows in developing regions, more opportunities will emerge for real estate agents and brokers to offer tailored services to a diverse range of clients.
With population growth, urbanization, and changing lifestyles, the demand for property is projected to remain strong, providing agencies with a wealth of opportunities. Additionally, sustainability trends will play a major role in shaping the market, as clients prioritize eco-friendly properties and energy-efficient buildings. As the next decade unfolds, real estate professionals will increasingly rely on data-driven insights and technology to stay ahead in a competitive market. The next 10 years promise substantial growth for the sector, with opportunities arising from evolving consumer needs, technological innovation, and the continued expansion of the global real estate market.
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The Real Estate Agency and Brokerage Service market experienced significant growth from 2018 to 2022, driven by an increase in property transactions, shifting market dynamics, and technological advancements. During this period, agencies adapted to changing consumer preferences, with a growing demand for digital solutions like virtual tours and AI-driven property matching. The market also saw an increase in consumer interest in homeownership, which boosted both residential and commercial real estate activity. However, the sector faced challenges such as fluctuating property prices and a tightening regulatory environment, which influenced the overall pace of market growth. Demand for brokerage services peaked in major metropolitan areas, where high-value property transactions occurred most frequently.
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Realogy Holdings Corp
Mitsui Fudosan Co. Ltd
Berkshire Hathaway Inc
CBRE Group
FirstService Corporation
Sekisui House
Savills plc
Jones Lang LaSalle Inc
Colliers International
Shimizu Corporation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Real Estate Agency and Brokerage Service Market
Online
Offline
Based on Types the Market is categorized into Below types that held the largest Real Estate Agency and Brokerage Service market share In 2023.
Residential Building Brokers
Commercial Buildings Brokers
Self Storage Brokers
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Real Estate Agency and Brokerage Service Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Real Estate Agency and Brokerage Service Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Real Estate Agency and Brokerage Service Market, By Type
6. Global Real Estate Agency and Brokerage Service Market, By Application
7. Global Real Estate Agency and Brokerage Service Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Real Estate Agency and Brokerage Service Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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