Residential Real Estate Global Market Report 2023 – By Type (Apartments, Condominiums, Landed Houses, Villas), By Pricing (Affordable, Mid-Range, Luxury), By Size (Less Than 50 Square Meters, 51 To 80 Square Meters, 81 To 110 Square Meters, 111 To 200 Square Meters, More Than 200 Square Meters), By Business (Sales, Rental), By Mode (Online, Offline) – Market Size, Trends, And Global Forecast 2023-2032

Property and casualty reinsurance is an agreement between a reinsurer and an insurance firm. The insurance business, or cedent, transfers liability to the reinsurance firm, which then assumes all or a portion of the risk connected with one or more insurance plans issued by the cedent. The main types of property and casualty reinsurance are direct selling and intermediary selling. Direct selling is the practice of selling goods outside of a traditional retail environment, such as online, at home, or in other locations. The modes involved are online and offline which are used by small reinsurers and midsized reinsurers' for life and health reinsurance, non-life or property and casualty reinsurance. The global property & casualty reinsurance market is segmented - 1) By Type: Direct Selling, Intermediary Selling 2) By Mode: Online, Offline 3) By Application: Small Reinsurers, Midsized Reinsurers 4) By End-User: Life And Health Reinsurance, Non-Life Or Property And Casualty Reinsurance The global property and casualty reinsurance market size is expected to grow from $427.43 billion in 2022 to $478.97 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global property and casualty reinsurance market is expected to reach $718.33 billion in 2027 at a CAGR of 10.7%. The rise in the number of natural calamities is expected to propel the growth of the property and casualty reinsurance market in the coming years. Natural calamities are the result of natural hazards, such as an earthquake, floods, cyclones, hurricanes, volcanic eruptions, or landslides, which negatively impact the environment and cause property damage, loss of life, or other negative effects. Reinsurance enables property and casualty insurers to mitigate the risks associated with concentrated natural disasters. Hence, the rise in natural calamities will boost the property & casualty reinsurance market. For instance, in 2020, according to the National Centers for Environmental Information, a US-based leading authority for environmental data, the United States experienced a record-breaking 22 weather-related or climatic catastrophes, each of which caused at least $1 billion in losses, including a record 7 related to hurricanes or tropical storms that made landfall. Also, the number of climatic events in 2019 was 14, which increased by six in 2020. Therefore, a rise in the number of natural calamities is driving the property & casualty reinsurance market. Major players in the property & casualty reinsurance market are Barents Re Reinsurance Company Inc., Berkshire Hathaway Inc., BMS Group Limited, China Reinsurance Corporation, Everest Re Group Ltd., Hannover Re, Lloyd's of London, Munich Reinsurance Company, PartnerRe Ltd., Reinsurance Group of America Incorporated, SCOR SE, Swiss Reinsurance Company Ltd., AXA XL, MAPFRE Insurance, and IRB Brasil RE. Product innovation is the key trend gaining popularity in the property and casualty reinsurance market. Major companies operating in the property and casualty reinsurance market are focused on developing innovative products to strengthen their position in the market. For instance, in September 2021, Ascot Group, a UK-based specialty insurance and reinsurance company, launched Ascot Reinsurance's platform for global reinsurance underwriting and ceded risk solutions. This platform serves as a central entry point for all of Ascot's reinsurance offerings, including improved client services, claims, treaty, and facultative solutions, and claims management. In February 2022, Swiss Reinsurance Company Ltd., a Switzerland-based reinsurance company acquired Champlain Reinsurance Company for an undisclosed amount. The acquisition shows Swiss Re's strong expertise in devising and reliably delivering customized solutions for the legacy challenges of business partners. Champlain Reinsurance Company is a Switzerland-based run-off reinsurance captive of Alcan Holdings Switzerland AG. North America was the largest region in the property and casualty reinsurance market in 2022. The regions covered in the global property and casualty reinsurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the property and casualty reinsurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The property and casualty reinsurance market includes revenues earned by entities by providing facultative reinsurance and treaty reinsurance. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The property and casualty reinsurance market research report is one of a series of new reports from The Business Research Company that provides property and casualty reinsurance market statistics, including property and casualty reinsurance industry global market size, regional shares, competitors with property and casualty reinsurance market share, detailed property and casualty reinsurance market segments, market trends, and opportunities, and any further data you may need to thrive in the property and casualty reinsurance industry. This property and casualty reinsurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Property and casualty insurance refer to varieties of insurance that aid in protecting individuals and their possessions. Property insurance aids in protecting the possessions, such as house, car, and others. Casualty insurance refers to the policy that protects a person, who is legally accountable for an accident that results in someone else's injuries or property damage. The main coverages under property and casualty insurance are fire and theft, house damage, floods and earthquake, personal property, and others. The fire and theft cover segment refers to insurance that will cover damages incurred to the belongings due to a fire and damages that are incurred due to theft in your property. These are distributed by various channels including brokers and non-brokers for landlords, homeowners, renters, and other end users. The global property and casualty insurance market is segmented - 1) By Coverage: Fire And Theft, House Damage, Floods And Earthquake, Personal Property, Other Coverages 2) By Distribution Channel: Brokers, Non-Brokers 3) By End-User: Landlord, Homeowners, Renters, Other End Users The global property & casualty insurance market size is expected to grow from $1,696.75 billion in 2022 to $1,843.14 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global property & casualty insurance market size is expected to reach $2,466.84 billion in 2027 at a CAGR of 7.6%. The rise in natural disasters is expected to propel the growth of the property and casualty insurance market going forward. Natural disaster refers to a catastrophic event such as a flood, earthquake, or storm, that leaves significant damage or casualties. Property insurance covers damages from various natural disasters such as wind, hail, lightning strikes hurricanes, wildfires, and others. For instance, according to data from the National Interagency Fire Center, a US-based agency responsible for wildfire management and emergency assistance, there were 58,985 wildfires in 2021, which affected 7.1 million acres, which is an increase of 17% from 2019. Therefore the rising natural disasters are driving the growth of the property and casualty insurance market. Major players in the property and casualty insurance market are The Allstate Corporation, Axa S.A., Liberty Mutual Group, The People's Insurance Company (Group) of China Limited, Zurich Insurance Group Ltd., Chubb Corp., American International Group Inc., State Farm Insurance, Allianz SE, Admiral Group Plc., The Hartford Financial Services Group Inc., Nationwide Mutual Insurance Company, The Progressive Group, China Pacific Insurance Co. Ltd., and Tokio Marine Holdings Inc. Technological advancements are a key trend gaining popularity in the property and casualty insurance market. Companies operating in the property and casualty insurance market are adopting new technologies to sustain their position in the market. For instance, in January 2023, Peppercorn, a UK-based Insurtech start-up, launched a conversational AI assistant. This technology, along with the company's counter-fraud technologies and pre-inception underwriting decisions, eliminates the need for a real call center thereby offering an enhanced purchase experience to its customers and reducing operating costs and expense ratio. In March 2021, Applied Underwriters, a US-based risk services company, acquired Florida Casualty Insurance Co. (FCIC) for an undisclosed amount. Through this acquisition, Applied Underwriters aims to further develop and integrate the company’s structural architecture and plans to expand its presence as a key and international player in the market. Florida Casualty Insurance Co. (FCIC) is a US-based company offering casualty insurance services. North America was the largest region in the property & casualty insurance market in 2022. The regions covered in the global property & casualty insurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the property & casualty insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The property and casualty insurance market includes revenues earned by entities by providing property and casualty insurance services covering medical expenses, vehicle damage, and property loss or damage. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The property and casualty insurance market research report is one of a series of new reports from The Business Research Company that provides property and casualty insurance market statistics, including property and casualty insurance industry global market size, regional shares, competitors with a property and casualty insurance market share, detailed property and casualty insurance market segments, market trends, and opportunities, and any further data you may need to thrive in the property and casualty insurance industry. This property and casualty insurance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A real estate agency is a business that sells, rents, and manages homes and commercial properties as a service to its clients. Brokerage refers to a real estate activity focused on assisting buyers and/or sellers in purchasing property against the commission for the service provided. The main types of real estate agencies and brokerages are residential buildings and dwellings brokers, non-residential buildings brokers, mini-warehouses and self-storage unit brokers, and other brokers. A real estate broker is a licensed real estate dealer who has completed further schooling and obtained a local real estate broker license. The different modes include online, and offline and involve various property types such as fully furnished, semi-furnished, and unfurnished. The global real estate agency and brokerage market is segmented - 1) By Type: Residential Buildings And Dwellings Brokers, Non-Residential Buildings Brokers, Mini warehouses And Self-Storage Units Brokers, Other Brokers 2) By Mode: Online, Offline 3) By Property Type: Fully Furnished, Semi-Furnished, Unfurnished The global real estate agency and brokerage market size will grow from $1,318.56 billion in 2022 to $1,414.35 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of real estate agency and brokerage market is expected to grow to $1,820.99 billion in 2027 at a CAGR of 6.5%. Economic growth and a rapidly growing urban population are expected to increase the demand for residential and commercial building brokers, during the forecast period. The increasing number of rural residents migrating into cities is resulting in an increasing demand for access to affordable housing and commercial spaces. This provides a significant opportunity for real estate service providers to improve housing, retail, and other commercial services. Globally, around 60% of urban settlements remained to be built. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2031. This rapid urbanization is expected to boost the demand for real estate agencies and brokers and drive the real estate agency and brokerage market going forward. Major companies in the real estate agency and brokerage market report include Realogy Holdings Corp., Mitsui Fudosan Co. Ltd., Berkshire Hathaway Inc., CBRE Group, FirstService Corporation, Sekisui House, Savills plc, Jones Lang LaSalle Inc., Colliers International, and Shimizu Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the real estate agency and brokerage market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lockdown' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the real estate agency and brokerage market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Real estate companies are investing in artificial intelligence applications to perform various functions such as property search, building management, and design. Artificial intelligence is helping real estate companies to find people looking to buy or sell properties, find a suitable property based on customer requirements, and redesign office spaces based on user behavior. According to the research conducted by Drooms, AI technology providers around 54% of property professionals surveyed already use artificial intelligence to improve keyword search and 69% believe AI gives their companies a competitive advantage by enabling the high-speed search of documents. For instance, REX, a real estate company analyses data from third parties such as Google to determine the willingness of a person to buy or sell a house. WeWork, a startup that provides shared workspaces is using artificial intelligence to design its office spaces. Skyline, an Israeli company’s artificial intelligence platform recommends properties to real estate investors by using data from more than 130 sources and taking into account over 10,000 different attributes of properties' lives. Asia-Pacific was the largest region in the real estate agency and brokerage market in 2022. North America was the second-largest region in the real estate agency and brokerage market share. The regions covered in the real estate agency and brokerage market analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the real estate agency and brokerage market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The real estate agency and brokerage services market consist of revenues earned by entities that act as agents and/or brokers for real estate activities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The real estate agency and brokerage services market research report is one of a series of new reports from The Business Research Company that provides real estate agency and brokerage services market statistics, including real estate agency and brokerage services industry global market size, regional shares, competitors with a real estate agency and brokerage services market share, detailed real estate agency and brokerage services market segments, market trends and opportunities, and any further data you may need to thrive in the real estate agency and brokerage services industry. This real estate agency and brokerage services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Real estate refers to the process of building, renting, buying, and selling properties, both residential and commercial. Developers earn a profit by adding value to the land by creating buildings or improvements, and rezoning. The real estate agencies are responsible for guiding the buyer through all the related paperwork. The main types of real estate are real estate rental, real estate agency, and brokerage. Renting real estate, also referred to as hiring or letting, is a contract in which a fee is paid in exchange for the temporary use of a good, service, or property that belongs to someone else. The different modes include online, and offline and involve various property types such as fully furnished, semi-furnished, and unfurnished. The global real estate market is segmented - 1) By Type: Real Estate Rental, Real Estate Agency and Brokerage 2) By Mode: Online, Offline 3) By Property Type: Fully Furnished, Semi-Furnished, Unfurnished Subsegments Covered: Residential Buildings And Dwellings Rental Services, Non-Residential Buildings Rental Services, Mini warehouses And Self-Storage Units Rental Services, Other Rental Services, Residential Buildings And Dwellings Brokers, Non-Residential Buildings Brokers, Mini warehouses And Self-Storage Units Brokers, Other Brokers The global real estate market size will grow from $3694.47 billion in 2022 to $3976.18 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of real estate market is expected to grow to $5209.84 billion in 2027 at a CAGR of 7.0%. The real estate market's growth will be aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020 and 3.6% from 2021 to 2023. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, according to official data from the World Bank, the GDP of India increased to reach $3173.40 billion in 2021, compared to $2667.69 billion in 2020. Major companies in the real estate market include Mitsui Fudosan Co. Ltd., Daito Trust Construction Co. Ltd., Brookfield Asset Management, American Tower Corporation, Sun Hung Kai Properties Limited, CapitaLand Limited, Realogy Holdings Corp., Xiamen C&D, Simon Property Group Inc and Berkshire Hathaway Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the real estate market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lockdown' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the real estate market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Gen Z (born between the mid-1990s and early 2000s) is the next generation of renters after the millennials and they are predicted to spend more than any other generation on rental services in their lifetime. Gen Z is highly dependent on technology and relies more on the internet and social media to make purchasing and lifestyle decisions. Since Gen Z has experienced technology their entire lives, leasing and marketing campaigns for real estate rental services should incorporate the use of technology to reach this generation where they are most active such as on apps, on social media, or any other internet source. Gen Z makes up almost one-quarter of the U.S. population therefore, the real estate rental services market is expected to witness growth from this generation in the five years from 2019 to 2023 Asia-Pacific was the largest region in the real estate market in 2022. North America was the second-largest region in the real estate market. The regions covered in the real estate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the real estate market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The real estate market consists of revenues earned by entities that are engaged in providing services such as residential buildings and dwellings rental, non-residential buildings rental services, non-residential buildings rental services, mini-warehouses, and self-storage unit rental services. The real estate market includes establishments such as builders, developers, lessors of real estate, and property management companies. This market also includes managing, selling, renting, buying, and appraising real estate for others. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The real estate market research report is one of a series of new reports from The Business Research Company that provides real estate market statistics, including real estate industry global market size, regional shares, competitors with a real estate market share, detailed real estate market segments, market trends and opportunities, and any further data you may need to thrive in the real estate industry. This real estate market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Real estate rental refers to properties used as dwellings or provided on rent to rental occupants, or tenants, for temporary use by the property owners. The rent of goods or services is governed by a rental agreement or contract between an owner of a product and an end-user where payment is made by the end user for the temporary use of the product. The main types of real estate rental are residential buildings and dwellings rental services, non-residential buildings rental services, mini-warehouses, self-storage unit rental services, and other rental services. Residential rental property is defined as a dwelling bought by an investor and occupied by tenants under a lease or other sort of rental arrangement. The different modes include online, and offline and involve various property types such as fully furnished, semi-furnished, and unfurnished. The global real estate rental market is segmented - 1) By Type: Residential Buildings And Dwellings Rental Services, Non-Residential Buildings Rental Services, Mini warehouses And Self-Storage Units Rental Services, Other Rental Services 2) By Mode: Online, Offline 3) By Property Type: Fully Furnished, Semi-Furnished, Unfurnished The global real estate rental market size will grow from $2,375.91 billion in 2022 to $2,561.84 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of real estate rental market is expected to grow to $3,388.85 billion in 2027 at a CAGR of 7.2%. The elevated home prices are expected to increase the demand for real estate rental market. Due to the pandemic-induced lockdown and rising interest rates, housing prices are seeing a jump. Real estate rentals provides an alternative accommodation option for people who cannot buy a home, increasing the demand for rental units. For example, house prices rose by more than 5% in 23 countries out of the 60 countries in the IMF’s (International Monetary Fund) global house price index for 2020 as compared to 2019. Also in 2022, in India, Delhi- National Capital Region (NCR) saw the highest increase in residential prices at 10% year-on-year (YoY), followed by Ahmedabad and Hyderabad with 9% and 8% YoY increase, respectively from 2021." Therefore, the elevated home prices are expected to contribute to the demand for real estate rental market. Major companies in the real estate rental market report 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., and Leopalace21 Corporation. 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 arbitrators to local market experts and service providers. Online real estate listing services such as Zillow and realtor.com provide housing databases and information on tax and purchase history. Technologies such as video, VR tours, and e-signing services also streamline real estate transactions. For instance, in June 2021, Cartus Corporation, a real estate services company based in the United States, launched a new technology-enabled global personnel solution under its Language and Intercultural Solutions business line. The new digital learning environment, as well as Language and Intercultural Solutions, assists employees in traveling and relocating to new locations, as well as coaching them through some of the most critical transitions in their professional and personal Asia-Pacific was the largest region in the real estate rental market in 2022. North America was the second-largest region in the real estate rental market share. The regions covered in the real estate rental market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the real estate rental market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The real estate rental market consists of revenues earned by entities that rent, lease, and allow the use of buildings and or land such as serviced offices and co-working spaces. The rental agreement is a document used for the occupying of space (either commercial or residential) for a period of time in exchange for monthly rent. This market also includes managing, selling, renting, buying, and appraising real estate for others. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The real estate rental market research report is one of a series of new reports from The Business Research Company that provides real estate rental market statistics, including the real estate rental industry global market size, regional shares, competitors with a real estate rental market share, detailed real estate rental market segments, market trends and opportunities, and any further data you may need to thrive in the real estate rental industry. This real estate rental market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Real estate software is a set of solutions and platforms that are used for automating administrative, marketing, and other business tasks in real estate companies. Real estate software helps companies manage various functions such as operations, planning, stakeholder management, financing, marketing, and many others. The main types of real estate software products are customer relationship management software, content management software, financial management software, real estate contract software, and others. Customer relationship management (CRM) real estate software manages the relationships between buyers, sellers, agents, brokers, developers, and financial institutions. The various components include solutions and services, as well as organisations of various sizes, such as large enterprises, small businesses, and medium-sized businesses. It is used in commercial and residential settings and is deployed both on-premise and in the cloud. The global real estate software market is segmented - 1) By Product: Enterprise Resource Planning (ERP), Property Management System (PMS), Customer Relationship Management (CRM) 2) By Deployment Type: Cloud, On-Premise 3) By Application: Commercial, Residential The global real estate software market size will grow from $10.07 billion in 2022 to $11.24 billion in 2023, at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the real estate software is expected to grow to $16.41 billion in 2027 at a CAGR of 9.9%. The rise in commercial and residential real estate activities is expected to propel the growth of the real estate software market going forward. Many leading real estate companies are adopting software solutions for operations to reduce interruptions in services, decrease human errors, allot tasks efficiently for large volume projects, reduce communication gaps, and also manage finances. For instance, according to the Global Construction 2030 report, the volume of construction output is expected to grow by 85% to $15.5 trillion by 2030. China, India, and the United States are the major contributors to this growth. Therefore, the rising high-end apartments, houses, and skyscrapers in developing countries are driving the real estate software market growth. Major players in the real estate software market are Altus Group Ltd., AppFolio Inc., Autodesk Inc., CoStar Group Inc., Fiserv Inc., International Business Machines Corp., Oracle Corp., SAP SE, Yardi Systems Inc., MRI Software (US), Microsoft Corporation, RealPage Inc., Trimble Inc., LanTrax Inc., Propertybase, Argus Financial Software, SMR Group, and Fiserv Inc. The adoption of artificial intelligence and machine learning is a rising trend in the real estate software market. Artificial intelligence (AI) enables applications to help real estate companies with marketing campaigns, managing property portfolios, leasing, accounting, operations, and many other functions. One of the recent developments of AI in the real estate market is virtual tours. Virtual tours are provided for properties that are still under construction or for customers abroad, where the customer can see a 3D view of the property. For instance, in February 2021, Zillow Group, an online real-estate marketplace company, launched a virtual tour experience that uses machine learning and various media content to create an interactive floor plan, which makes it easy for buyers to feel the property without visiting in person. In January 2022, Planon, a US-based real estate and facility management software company, acquired COOR GmbH for an undisclosed amount. This acquisition will help Planon build better real estate software for planning, controlling, and forecasting costs and revenues for all customers. COOR GmbH is an Austrian-based company that develops and implements software solutions for real estate owners and builders. North America was the largest region in the real estate software market in 2022. The regions covered in the real estate software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the real estate software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The real estate software market includes revenues earned by entities by providing software tools designed to facilitate real estate property management, from the construction process to the marketing and sales processes and the solution provided by real estate software are management of property database, inbuilt messaging and calling feature, dashboard and analytics, property management, virtual property tour, and map integration. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The real estate software market research report is one of a series of new reports from The Business Research Company that provides real estate software market statistics, including real estate software industry global market size, regional shares, competitors with a real estate software market share, detailed real estate software market segments, market trends and opportunities, and any further data you may need to thrive in the real estate software industry. This real estate software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Property management software refers to a software application used to manage hotels and other types of rental homes for businesses. To plan, coordinate, and carry out the daily tasks and transactions required in the lodging industry, PMS offers a centralised computer system. It reduces the amount of manual effort required for rent collection, maintenance, and repair scheduling. The main property management software deployment types are cloud and on-premise. The cloud market provides hosted services on a remote cloud server. Clients use the internet to access the software for various integration, automation, and business process enhancement needs.The different applications of property management software include residential and commercial, which are used by end-users such as housing associations, property managers/agents, property investors, and other end-users. The global property management software market is segmented - 1) By Deployment: Cloud, On-premise 2) By Application: Residential, Commercial 3) By End-User: Housing Associations, Property Managers/Agents, Property Investors, Other End-Users The global property management software market size will grow from $1.75 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the property management software is expected to grow to $2.19 billion in 2027 at a CAGR of 4.7%. The increase in investments in smart cities is expected to propel the growth of the property management software market during the forecast period. Governments around the world are investing in the creation of smart cities. Smart city technologies uses information and communication technologies to efficiently manage and operate urban services, thus creating demand for efficient management of properties. The European Union is actively promoting smart city initiatives, with funds for research and sustainability targets for member states. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Hence, the investment in smart cities is expected to drive the property management software market growth. Major players in the property management software market are AppFolio, Inc., Console Australia Pty Ltd., CORELOGIC, Entrata, Inc., InnQuest Software, IQware Inc., RealPage, Inc., Yardi Systems Inc., Buildium, Innago, Spacewell (MCS Solutions Pvt Ltd), ManageCasa, Planon, Jones Lang LaSalle IP, Inc., Tenant Cloud, and Rent Manager. Artificial intelligence (AI) enabled applications in the property management software market is a key trend gaining popularity in the market. Artificial intelligence (AI) enabled applications assist real estate companies in marketing campaigns, managing property portfolios, leasing, accounting, operations, and many other functions For instance in November 2021, FacilioInc., a real estate portfolio management platform, announced the launch of its linked computerized maintenance management system (CMMS) solution, which helps businesses streamline operations, reduce costs, and keep up with changing client demands. In October 2021, Property Vista, a Canada based property management software solutions company, announced the acquisition of National Efficiency Systems Inc (LeadManaging) Corporation, for an undisclosed amount. Through this acquisition, Property Vista would offer intelligent customer experiences and utilize into lead and occupant data to quickly surface deeper insights and make smarter rental decisions. LeadManaging is a Canada-based real-time connections and lead-tracking property management company. North America was the largest region in the property management software market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the property management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the property management software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The property management software market includes revenues earned by entities by providing front-desk operations, managing reservations, rate, and occupancy of a hotel. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The property management software research report is one of a series of new reports from The Business Research Company that provides property management software statistics, including property management software industry global market size, regional shares, competitors with property management software share, detailed property management software segments, market trends and opportunities, and any further data you may need to thrive in the property management software industry. This property management software research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A semi-trailer refers to a freight trailer without a front axle that, when attached, is supported at its forward end by the fifth wheel device of the truck tractor. The semi-trailer is used for transporting a large number of goods. The main types of semi-trailers are flatbed, lowboy, dry van, refrigerated, tankers, and other types. Flatbed refers to equipment that is open-deck in nature without a roof or sides that is mainly used for transporting heavy, oversized, and wide goods. These are available in multiple lengths such as trailers up to 45 feet and above 45 feet and are used in heavy industry, FMCG, chemical, automotive, oil and gas, healthcare, logistics, and other end-users. The global semi-trailer market is segmented - 1) By Type: Flatbed, Lowboy, Dry Van, Refrigerated, Tankers, Other Types 2) By Length: Up To 45 Feet, Above 45 Feet 3) By End-Use: Heavy Industry, FMCG, Chemical, Automotive, Oil And Gas, Healthcare, Logistics, Other End-Users The global semi-trailer market size will grow from $27.28 billion in 2022 to $29.06 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global semi-trailer is expected to grow to $41.74 billion in 2027 at a CAGR of 9.5%. The rise in urbanization is expected to propel the growth of the semi-trailer market going forward. Urbanization is the process by which cities develop and a rising proportion of the population moves there to live. Semi-trailers help in the transportation of goods and for carrying a large proportion of cargo, raw materials, and finished products, as a result, rising urbanization increases the demand for the semi-trailer market. For instance, according to The United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization, the percentage of people living in cities rose to 56.2% by 2020. It is higher in wealthy countries are 51.6% than in developing ones which is 79.2% in 2020. Therefore, rising urbanization is driving the semi-trailers market. Major players in the semi-trailer market are Wabash National Corporation, Schmitz Cargobull AG, Great Dane LLC, Krone GmbH & Co. KG, Kögel Trailer GmbH & Co.KG, Pitts Trailers, Utility Trailer Manufacturing Company, Hyundai Translead Inc., Premier Trailer Manufacturing Inc., Mac Trailer Manufacturing, RAC-Germany, SDC Trailers Ltd., Dennison Trailers, Karl Kässbohrer Fahrzeugwerke GmbH, and Van Hool NV. The increased demand for trailer technology advancement is a key trend in the semi-trailer market. Major companies operating in the semi-trailer market are coming up with new technologies for trailers to sustain their position in the market. For instance, in April 2020, WABCO, a US-based vehicle control systems provider for semi-trailers, and related heavy vehicles, and Sioen Industries, a Belgium-based company manufacturing chemicals and processing technical textiles launched an innovative and connected technology to prevent theft in trailer cargo named the Detector Solution. Sioen has upgraded its dynatex protector technology powered by WABCO’s advanced fleet management solutions for triggering the alarm for the tarpaulin and for enabling live monitoring and management of trailer access. This combination of technologies controls trailer breaches in real-time. In February 2020, The Schwarz Muller Group, an Austria-based manufacturer of premium commercial vehicles, acquired Huffermann Transportsysteme GmbH for an undisclosed amount. This acquisition expands Schwarz Muller’s experience in the construction and infrastructure vehicle sectors, as well as increases its market share in Germany. Huffermann Transportsysteme GmbH believes that the acquisition is their best option for sustainable growth and entry into various new markets. Huffermann Transportsysteme GmbH is a Germany-based producer of container trailers operating in the semi-trailers market. North America was the largest region in the semi-trailer market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the semi-trailer market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the semi-trailer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The semi-trailer market consists of sales of step deck or drop deck trailers, reefer trailers, dump trailers, and dry van trailers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The semi-trailer market research report is one of a series of new reports from The Business Research Company that provides semi-trailer market statistics, including semi-trailer industry global market size, regional shares, competitors with a semi-trailer market share, detailed semi-trailer market segments, market trends and opportunities, and any further data you may need to thrive in the semi-trailer industry. This semi-trailer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.