Real Estate Services Market Report 2025 (Global Edition)

Global Real Estate Services Market Report 2025 Market Size Split by Type (Residential, Commercial, Other Property Types), by Service (Property Management, Valuation Services, Other Services), by Appli...

Real Estate Services Market Report Description

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Real Estate Services Market Insights Video

Competitive Landscape of the Real Estate Services Market

The Real Estate Services Market is highly competitive, dominated by major global players like CBRE, JLL, and Cushman & Wakefield, which offer comprehensive services across residential, commercial, and industrial sectors. These firms compete on the basis of service quality, global reach, and technological innovation. Additionally, regional and specialized firms contribute to market diversity, catering to niche markets and local needs. The competition is intensified by the growing demand for digital solutions and sustainability-focused services in the industry.

March 2024: Mahindra Lifespaces, the real estate and infrastructure division of the Mahindra Group, has finalized the acquisition of a 9.4-acre land parcel in Whitefield, Bengaluru. This site offers a potential floor space index (FSI) of around 1.2 million square feet and is projected to have a Gross Development Value (GDV) of approximately INR 1700 crore (USD 20.39 million). The planned development is geared toward mid-premium residential apartments, with the initial phase set to launch within a year. (Source: https://www.mahindra.com/news-room/press-release/en/mahindra-lifespaces-acquires-94-acres-land-parcel-in-whitefield-bengaluru) February 2024: Dholera Smart City, a major greenfield initiative in Gujarat, India, aims to create a thriving and environmentally sustainable urban center. Currently, approximately 30% of the infrastructure for Phase 1 is completed, allowing potential investors to purchase residential plots and villas. The project is targeting a completion date of 2024-2025 for this initial phase, with plans for further development in the subsequent phases. (Source: https://www.dholera-smart-city.com/) January 2022: CBRE Group has acquired Buildingi, a prominent company specializing in occupancy planning and technology services, to address the increasing demand for comprehensive occupancy management solutions. Buildingi will be fully integrated into CBRE's Occupancy Management team, with an initial transition phase where Buildingi will operate under its own name before fully merging with CBRE. The services provided by Buildingi, including space utilization data management and Computer-Aided Design (CAD), will enhance CBRE's existing occupancy management capabilities (Source: https://www.cbre.com/press-releases/cbre-acquires-buildingi-leading-provider-of-occupancy-planning-and-technology-services#:~:text=CBRE%20Group%20announced%20it%20has,to%20%E2%80%9CBuildingi%20from%20CBRE.%E2%80%9D)

Top Companies Market Share in Real Estate Services Industry: (In no particular order of Rank)

• CBRE Group
• Inc.
• Jones Lang LaSalle Incorporated (JLL)
• Cushman & Wakefield plc
• Savills plc
• Colliers International Group Inc.
• Newmark Group
• Inc.
• Knight Frank LLP
• Realogy Holdings Corp.
• Hines Interests Limited Partnership
• Brookfield Asset Management Inc.
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Real Estate Services Market

Which Region Dominates the Real Estate Services Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the region's advanced economic development, high demand for residential and commercial properties, and significant investment in infrastructure. The region benefits from a mature real estate sector with well-established players, robust legal frameworks, and a high level of consumer and investor confidence. Additionally, technological innovation and a strong focus on sustainability further drive market growth, solidifying North America's leading position.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is growing at the fastest CAGR in the Real Estate Services Market due to rapid urbanization, rising middle-class incomes, and increasing investment in infrastructure and real estate development. Economic growth in countries like China and India drives demand for residential, commercial, and industrial properties. Additionally, favorable government policies and evolving consumer preferences for modern, sustainable living spaces contribute to the region's dynamic expansion in the real estate sector.

The current report Scope analyzes Real Estate Services Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Real Estate Services Market Analysis

According to Cognitive Market Research, the global Real Estate Services market size was estimated at USD 100254.6 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 40101.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Real Estate Services market with a market size of USD 31640.35 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. The nation's strong economic fundamentals, increased housing demand, and urban development which drive demand for reliable lubrication solutions is driving the Real Estate Services market.
• The Canada Real Estate Services market had a market share of USD 4812.22 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Canada's technological advancements is driving the Real Estate Services market.
• The Mexico Real Estate Services market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 3649.27 million in 2024.

Europe Real Estate Services Market Analysis

According to Cognitive Market Research, the global Real Estate Services market size was estimated at USD 100254.6 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 30076.38 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

• The United Kingdom Real Estate Services market had a market share of USD 5042.83 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. In the UK, Real Estate Services sales witness an upswing due to economic recovery, increased demand for residential and commercial properties, and urban regeneration projects.
• The France Real Estate Services market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 2767.03 million in 2024.
• According to Cognitive Market Research, the German Real Estate Services market size was valued at USD 5955.12 million in 2024 and is projected to grow at a CAGR of 4.2% during the forecast period. In Germany, Real Estate Services surged due to the presence of major market players.
• The Italy Real Estate Services market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 2586.57 million in 2024.
• The Russia Real Estate Services market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 4661.84 million in 2024.
• The Spain Real Estate Services market is projected to witness growth at a CAGR of 3.1% during the forecast period with a market size of USD 2466.26 million in 2024
• The Luxembourg Real Estate Services market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 932.37 million in 2024.
• The Portugal Real Estate Services market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 631.60 million in 2024.
• The Greece Real Estate Services market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 360.92 million in 2024.
• Rest of Europe's Real Estate Services market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 4661.84 million in 2024.

Asia Pacific Real Estate Services Market Analysis

According to Cognitive Market Research, the global Real Estate Services market size was estimated at USD 100254.6 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 23058.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Real Estate Services market size was valued at USD 10376.35 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Real Estate Services surged in China due to rapid urbanization, rising middle-class income, and increasing demand for residential, commercial, and industrial properties.
• The Japan Real Estate Services market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 3182.08 million in 2024.
• The India Real Estate Services market had a market share of USD 2767.03 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period. India's technological advancements in property management and transactions is driving the Real Estate Services market.
• The South Korean Real Estate Services market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 2305.86 million in 2024.
• The Australian Real Estate Services market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 1199.05 million in 2024.
• The South East Asia Real Estate Services market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 1591.04 million in 2024.
• The Rest of Asia Pacific Real Estate Services market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 1637.16 million in 2024.

South America Real Estate Services Market Analysis

According to Cognitive Market Research, the global Real Estate Services market size was estimated at USD 100254.6 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 5012.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031. .

• According to Cognitive Market Research, the Brazil Real Estate Services market size was valued at USD 2145.45 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Real Estate Servicess flourished in Brazil due to economic stabilization, increasing urbanization, and rising middle-class demand for residential and commercial properties.
• Argentina's Real Estate Services market had a market share of USD 842.14 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. Argentina's focus on technology integration augment the demand.
• Colombia Real Estate Services market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 446.13 million in 2024.
• Peru Real Estate Services market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 411.04 million in 2024.
• Chile Real Estate Services market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 360.92 million in 2024.
• The Rest of Latin America's Real Estate Services market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 807.05 million in 2024.

Middle East Real Estate Services Market Analysis

According to Cognitive Market Research, the global Real Estate Services market size was estimated at USD 100254.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 2005.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031..

• The GCC Countries Real Estate Services market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 858.18 million in 2024. Real Estate Services sales flourish due to the presence of major market players.
• The Egypt Real Estate Services market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 210.53 million in 2024.
• The South Africa Real Estate Services market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 316.80 million in 2024. Real Estate Services sales flourish in South Africa due to substantial investments in infrastructure, urban development, and economic diversification.
• The Turkey Real Estate Services market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 172.44 million in 2024.
• The Nigeria Real Estate Services market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 210.53 million in 2024.
• The Rest of MEA Real Estate Services market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 236.60 million in 2024.

Real Estate Services Market Analysis

Real Estate Services Market Type Segment Analysis

According to Cognitive Market Research, Residential Type stands out as the dominant category. The Residential Type captured the largest market share in the Real Estate Services Market due to consistent demand for housing driven by population growth, urbanization, and changing lifestyles. The need for new homes, apartments, and condominiums, coupled with rising incomes and real estate investments, fuels this demand. Additionally, the residential segment benefits from strong consumer interest in property ownership and rental opportunities, making it a dominant force in the real estate services sector.

The Commercial Type is growing at the highest CAGR in the Real Estate Services Market due to increased economic activity, expanding businesses, and rising demand for office spaces, retail outlets, and industrial properties. The growth of e-commerce and the need for modern, flexible workspaces contribute to this trend. Additionally, investments in infrastructure and urban development boost demand for commercial properties, driving rapid expansion in this sector.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Real Estate Services Industry. Request a Free Sample PDF!

Real Estate Services Market Service Segment Analysis

According to Cognitive Market Research, the dominant category is Property Management. Property Management Services captured the largest market share in the Real Estate Services Market due to their essential role in managing and maintaining residential and commercial properties. These services include rent collection, maintenance, tenant management, and compliance with regulations, making them crucial for property owners and investors. As real estate investments grow and properties become more complex, the demand for professional property management increases, ensuring the efficient operation and optimization of property assets.

Valuation Services are growing at the highest CAGR in the Real Estate Services Market due to increasing demand for accurate property assessments in transactions, investments, and financial reporting. The rise in real estate investments, complex property types, and regulatory requirements for precise valuations drive this growth. Additionally, advancements in valuation technologies and methodologies enhance service accuracy and efficiency, further contributing to the sector’s rapid expansion and its critical role in the real estate market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Real Estate Services Application Segment Analysis

Real Estate Services Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is Personal. Personal Application captured the largest market share in the Real Estate Services Market due to high consumer demand for tailored services in buying, selling, and renting residential properties. Individuals seeking homes or investment properties often require personalized assistance, from property searches to negotiations and closing transactions. This segment benefits from the growing focus on customer experience, with real estate services increasingly offering customized solutions and personalized support to meet individual needs, driving its dominant market share.

Business Applications are growing at the highest CAGR in the Real Estate Services Market due to increased demand for commercial spaces, including offices, retail, and industrial properties. As businesses expand and evolve, they require specialized services for property acquisition, management, and leasing. Additionally, the growth of sectors like e-commerce and the need for flexible work environments drive demand for business-oriented real estate solutions. Enhanced technology and data analytics also support this rapid growth in business applications.

• Personal
• Business
• Others

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion