Portland, OR, July 22, 2021 (GLOBE NEWSWIRE) – The global commercial real estate brokerage and management market was worth $ 209.90 billion in 2020 and is projected to be 424.40 by 2030, according to the report released by Allied Market Research Billion US dollars will reach CAGR of 7.2% from 2021 to 2030. The report offers a comprehensive analysis of changing market trends, value chain, top segments, top investment pockets, regional scenarios, and the competitive landscape.

The growth of the urban population, the rise of commercial buildings, and the surge in government initiatives for real estate investment are driving the growth of the global commercial real estate brokerage and management market. However, the saturation in the industrialized countries is hampering market growth. On the other hand, the expansion of old and the development of new planned cities in the coming years offer new opportunities.

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Covid-19 scenario:

  • Many construction activities have been stopped or postponed due to lockdown restrictions introduced in many countries around the world during the Covid-19 pandemic.
  • In addition, investments in new projects were postponed due to the economic uncertainty. A lack of customer spending on buying new properties also impacted the market during the pandemic.

The report provides detailed segmentation of the global Commercial Real Estate Brokerage and Management Market by solution, type, application and region.

According to Art, the brokerage segment contributed the largest market share in 2020 with more than four-fifths of the total share and is expected to maintain its leading position during the forecast period. However, the management segment is expected to grow from 2021 to 2030 with the highest CAGR of 8.4%.

Get a detailed COVID-19 impact analysis on the global Commercial Real Estate Brokerage and Management Market

Based on the application, the industry segment accounted for the largest share in 2020, which holds nearly a third of the global commercial real estate brokerage and management market, and is expected to maintain its leadership status throughout the forecast period. However, it is estimated that the retail segment will have the highest CAGR of 8.4% from 2021 to 2030.

In terms of the region, North America had the highest share in 2020 with around two-fifths of the total share and is expected to continue its dominant share in terms of sales through 2030. However, the Asia-Pacific region is expected to take the fastest place with a CAGR of 8.5% over the forecast period.

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Leading players in the global commercial real estate brokerage and management market analyzed in the study include CBRE Group, Inc., Cushman & Wakefield Plc, Christie's International Real Estate, Newmark & ​​Company Real Estate, Inc., Jones Lang LaSalle IP, Inc., Keller Williams Realty, Inc., Colliers International Group, Inc., Lendlease, Regus Group, and Century 21.

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