The global real estate brokerage market is expected to reach a size of US$ 792 billion in 2023 and climb to US$ 1,365.7 billion by the end of 2033, expanding at a CAGR of 5.6% over the next ten years.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Real Estate Brokerage market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Real Estate Brokerage market.
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Key findings of the Real Estate Brokerage market study:
- Regional breakdown of the Real Estate Brokerage market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Real Estate Brokerage vendors in detail.
- Region-wise and country-wise fragmentation of the Real Estate Brokerage market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Real Estate Brokerage market.
Key Companies Profiled
- CBRE Group
- Century 21
- Colliers International
- Compass
- Cushman Wakefield, Inc.
- Eastdil Secured
- ERA Real Estate
- eXp Realty
- Home Services of America
- IQI Global
- Jones Lang LaSalle Inc
- Keller Williams Realty, Inc.
- Newmark Grubb Knight Frank
- RE/MAX
- Realogy Holdings Corp.
Competitive Landscape
The market is highly fragmented with the presence of various large and small players. These market players are taking strategic moves relevant to the shift from the traditional approach to the modern one by using online platforms. Also, mergers and acquisitions are other strategic moves being observed in the industry by market players to enhance their service offerings and footprints in both domestic and international marketplaces.
For instance :
- In August 2022, BroBazaar, a tech platform for real estate brokers and builders, introduced a digital marketplace that aims to make easier processing related to listing and finding properties through artificial intelligence-enabled matchmakings. between the traditional real estate marketplace to the modern.
- In October 2021, Coldwell Banker Real Estate LLC, a leading real estate company in New Jersey, announced the acquisition of Manhattan-based Real Estate Brand Warburg Realty to form Coldwell Banker Warburg. The aim behind this initiative is to expand the company’s footprint in the United States and increase its service offerings related to the luxury real estate landscape.
Fact.MR has provided detailed information about the providers of real estate brokerage services positioned across regions, revenue growth, and service offering expansion, in the recently published report.
Segmentation of Real Estate Brokerage Industry Research
- By Mode of Service :
- Online
- Offline
- By Property Type :
- Residential
- Commercial
- By Service Provider :
- Individuals
- Organizations
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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Queries addressed in the Real Estate Brokerage market report:
- Why are the Real Estate Brokerage market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Real Estate Brokerage market?
- Which regions are displaying the fastest growth in the Real Estate Brokerage market?
- What are the underlying micro- macroeconomic factors affecting the global Real Estate Brokerage market?
Why choose Fact.MR?
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