Commercial Real Estate Brokerage and Management Market [2023-2031] Research Reports, Industry Size, Growth Opportunity, Regional Analysis

The global commercial real estate brokerage and management market size was US$ 226,791 million in 2021. The global commercial real estate brokerage and management market is forecast to grow to US$ 424,399.0 million by 2030 by registering a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2030.

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COVID-19 Impact Analysis
The COVID-19 pandemic significantly hampered the manufacturing and construction facilities. As a result, the market for commercial real estate brokerage and management witnessed a significant negative impact. Prolonged lockdown restrictions in countries such as the U.S., China, India, Japan, and others limited the demand for commercial real estate brokerage and management for more than a year. The COVID-19 pandemic also affected the consumer purchasing power, which, in turn, hampered the growth of the commercial real estate brokerage and management market.

Regional Analysis
The Asia-Pacific commercial real estate brokerage and management market is forecast to hold the highest share in the commercial real estate brokerage and management market. In Asia-Pacific, China is expected to hold the major share, followed by India, due to the dense population of the countries. Moreover, other factors like rising urbanization, increasing per capita income, and growing adoption of property management solutions are expected to drive the growth of the market during the study period. Apart from that, governments in the region are also investing highly in this sector. For instance, the government of Thailand announced an infrastructure plan in which the government announced it would spend about $58.5 billion on new infrastructural developments by 2025. Thus, growing government funding in the sector are expected to escalate the growth of the commercial real estate brokerage and management market during the study period.

Factors Influencing the Market:
The growing commercial construction sector will primarily drive the growth of the commercial real estate brokerage and management market during the forecast period. Apart from that, rising funding by government bodies aimed at infrastructure development will contribute to the market's growth during the study period.
Changing living standards of people will lead to rise in the number of home improvement, renovations, and remodelling projects. As a result, it will benefit the commercial real estate brokerage and management market during the analysis period. Furthermore, a notable rise in the use of smart technology will bring innumerable growth opportunities for the market. For instance, industry players like Cushman & Wakefield Inc. and REX Inc. have added various technology-enabled software products to their portfolio that help in managing property brokerage management solutions. Thus, the introduction of advanced technology will bolster the market growth during the study period.

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Competitors in the Market
• CBRE Group, Inc.
• Cushman & Wakefield Plc.
• Jones Lang LaSalle IP, Inc.
• Mitsui Fudosan Co., Ltd.
• Christie's International Real Estate
• Newmark & Company Real Estate, Inc.
• Colliers International Group, Inc.
• Savills Plc
• Voit Real Estate Services, L.P.
• Kidder Mathews, Inc.
• Other Important Players

The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.

As of the end of 2022, the Commercial Real Estate Brokerage and Management industry experienced notable growth in its workforce. Starting in January, employment within the Commercial Real Estate Brokerage and Management sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Commercial Real Estate Brokerage and Management output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector's production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.

Forecasts indicate that the global Commercial Real Estate Brokerage and Management output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Commercial Real Estate Brokerage and Management market, remains both its largest producer and consumer. Remarkably, China's market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation's GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Commercial Real Estate Brokerage and Management market.

Market Segmentation
The global commercial real estate brokerage and management market segmentation focuses on Solution, Type, Application, and Region.
By Solution Outlook
• Sales
• Leasing
• Others

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By Type Outlook
• Brokerage
• Management
By Application Outlook
• Offices
• Industrial
• Retail
• Multifamily
• Others
By Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America

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Table of Contents:

Chapter 1: Introduction to the Global Commercial Real Estate Brokerage and Management Industry

Chapter 3: Dynamics of the Market

Chapter 4: Profiles of Leading Companies

Chapter 5: Competition in the Global Commercial Real Estate Brokerage and Management Market among Players

Chapter 6: Market Size across Global Regions

Chapter 7: Application Segments in the Global Market

Chapter 8: Segment Analysis of the Global Commercial Real Estate Brokerage and Management Industry

Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers

Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders

Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors

Chapter 12: Evaluation of Market Impact Factors

Chapter 13: Forecasted Global Commercial Real Estate Brokerage and Management Market Size (2023-2031)

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Our study holds paramount importance for various reasons, a few of which include:

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• Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.

• Analyzing market trends to aid businesses in devising adaptive strategies.

• Guiding businesses in the optimal placement of their products.

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