Real Estate Market Size To Reach $5,852.02 Billion By 2030

Real Estate Market Growth & Trends

The global real estate market size is expected to reach USD 5,852.02 billion by 2030, registering a CAGR of 6.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rapid economic expansion in developing countries such as India, China, and several African countries has increased income levels and favored the real estate industry.

Property and condominiums are purchased, sold, rented, and leased in the market for business and personal household usage. Due to an expanded number of significant companies joining the area regional market, the commercial real estate business has risen dramatically in the recent decade. Government reforms, reduced rentals, and lower mortgage rates in developing countries are expected to increase industry growth in the foreseeable future.

Factors, such as the rising demand for housing real estate space and increased urbanization as a result of migration in quest of better amenities are likely to favor the growth of the market. For instance, according to United Nations (UN), approximately 50% of the population lives in urban areas and this figure is set to reach up to 65% in the forecast period owing to the migration into cities that turn into megacities with bustling urban amenities and lifestyle.

In terms of property, the commercial real estate segment is estimated to register a CAGR of 5.1% over the forecast period. The rising popularity of tourism owing to the increasing number of travelers seeking to unwind while enjoying luxury amenities such as hotels are expected to drive the growth of the segment.

The Asia Pacific witnessed dominance in the market with a revenue-based market share of 52.6% in 2021. China accounted for the largest share in the Asia Pacific market and is a hotspot for real estate development and investment supported by a large population. Moreover, various favorable regulations by the governments of various countries in the Asia Pacific including India are likely to favor the growth.

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Real Estate Market Report Highlights

• Residential property held a market revenue share of 35.33% in 2024. Commercial property is projected to register a CAGR of 6.1% from 2025 to 2030.

• In terms of revenue, the rental type held a significant market share of about 51.4% in 2024. Sales type is estimated to grow at a CAGR of 7.3% over the forecast period.

• Asia Pacific real estate held a significant market share of 52.8% in 2024. The real estate market in India witnessed significant growth over the years.

• The Middle East & Africa are expected to witness a CAGR of 7.2% from 2025 to 2030

Real Estate Market Segmentation

Grand View Research has segmented the global real estate market on the basis of property, type and region:

Real Estate Property Outlook (Revenue, USD Billion, 2018 - 2030)

• Residential

• Commercial

• Industrial

• Land

• Others

Real Estate Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Sales

• Rental

• Lease

Real Estate Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia/New Zealand

• Central & South America

  • Brazil

• Middle East & Africa (MEA)

  • Saudi Arabia

List of Key Players in the Real Estate Market

• Brookfield Asset Management Inc.

• ATC IP LLC.

• Prologis, Inc.

• SIMON PROPERTY GROUP, L.P.

• Coldwell Banker

• RE/MAX, LLC.

• Keller Williams Realty, Inc.

• CBRE Group, Inc.

• Sotheby’s International Realty Affiliates LLC.

• Colliers