The commercial real estate brokerage and management includes revenue generated by buying and selling commercial properties that consist of hotels, offices, commercial complexes, and shopping complexes.
The commercial real estate brokerage and management market size is expected to reach $424.4 billion by 2030, from $209.9 billion in 2020, registering a CAGR of 7.2% from 2021 to 2030.
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The commercial real estate brokerage and management market is mainly driven by rise in urbanization in developing countries. In addition, growth in population has led to rise in demand for commercial properties. Moreover, several government policies such as Golden Visa, low interest rate on loans, and affordable housing schemes also propel the market growth.
Covid-19 Impact Analysis
COVID-19 pandemic halted the manufacturing and construction facility for a short-term, owing to prolonged lockdown implemented in countries such as Japan, the U.S., China, India, and others. In addition, COVID-19 pandemic has shut-down, construction activities, owing to the prolonged lockdown in major countries such as the U.S., China, Japan, India, and Germany.
Top 10 Leading Players
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Key Market Segments
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