PUBLISHER: IMARC | PRODUCT CODE: 1422947
PUBLISHER: IMARC | PRODUCT CODE: 1422947
Commercial Real Estate Brokerage and Management Market Report by Type (Brokerage, Management), Solution (Sales, Leasing, and Others), Application (Offices, Industrial, Retail, Multifamily, and Others), and Region 2024-2032
Abstract
The global commercial real estate brokerage and management market size reached US$ 260.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 455.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.24% during 2024-2032. The ongoing vacancy of various well-furnished commercial complexes across the globe and the widespread adoption of property management solutions across the real estate sector represent some of the key factors driving the market.
Commercial real estate brokerage and management represent a settlement and a process involving selling, leasing, buying, and renting of non-residential properties between merchants and an agency associated with real estate business. It usually includes industrial units, lands, flex, retail, space, shopping complexes, offices, and other commercial complexes as standard business-related infrastructures. These properties are further managed by brokers who act as intermediate individual and is responsible for drafting contracts and connecting sellers and buyers to conduct a capital transaction during an arranged meeting. Commercial real estate brokerage and management offer various advanced solutions, such as valuation services, advisory offerings, and lease and rental management. These practices help in ensuring instant communication and transparency, maintain security, and allow easy payment from tenants and contractors. As a result, commercial real estate brokerage and management find widespread application in conducting property transactions.
Commercial Real Estate Brokerage and Management Market Trends:
Increasing construction activities and rapid infrastructural development represent some of the prime factors driving the market growth. The rising demand for real estate brokers to offer services regarding property searching and ensure proper selling and buying of property is acting as another growth-inducing factor. Additionally, rapid urbanization and the continuous migration of individuals from small villages or rural areas toward large cities to improve their overall living standards and utilize the modern assets present therein are contributing the market growth. Moreover, the extensive integration of artificial intelligence (AI), the Internet of Things (IoT), and customer relationship management (CRM) solutions with commercial real estate brokerage and management software is propelling the market growth. These technologies allow the user to make better decisions regarding the deals instantly, analyze the data from third-party sources or search browsers effectively, and improve the productivity of management solutions, which, in turn, is contributing to the market growth. Apart from this, the ongoing product diversification by prominent players are positively impacting the market growth. Other factors, such as the rising disposable incomes and the significant expansion in the real estate sector, along with the establishments of new planned city in developing countries, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global commercial real estate brokerage and management market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on type, solution, and application.
Type Insights:
Brokerage
Management
The report has also provided a detailed breakup and analysis of the market based on the type. This includes brokerage and management. According to the report, brokerage represented the largest segment.
Solution Insights:
Sales
Leasing
Others
A detailed breakup and analysis of the market based on the solution has also been provided in the report. This includes sales, leasing and others. According to the report, sales accounted for the largest market share.
Application Insights:
Offices
Industrial
Retail
Multifamily
Others
The report has also provided a detailed breakup and analysis of the market based on the application. This includes offices, industrial, retail, multifamily, and others. According to the report, industrial represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for commercial real estate brokerage and management. Some of the factors driving the North America commercial real estate brokerage and management included the significant expansion in the real estate sector, ongoing construction activities, and rapid infrastructural developments.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global commercial real estate brokerage and management market. Detailed profiles of all major companies have also been provided. Some of the companies covered include CBRE Group Inc., Century 21 Real Estate LLC (Anywhere Real Estate Inc.), Colliers International Group Inc., Jones Lang LaSalle IP Inc., Keller Williams Realty Inc., Kidder Mathews Inc., Mitsui Fudosan Co Ltd., Newmark Group Inc., Savills Inc. (Savills plc), Voit Real Estate Services, etc.
Key Questions Answered in This Report
- 1. How big is the global commercial real estate brokerage and management market?
- 2. What is the expected growth rate of the global commercial real estate brokerage and management market during 2024-2032?
- 3. What are the key factors driving the global commercial real estate brokerage and management market?
- 4. What has been the impact of COVID-19 on the global commercial real estate brokerage and management market?
- 5. What is the breakup of the global commercial real estate brokerage and management market based on the type?
- 6. What is the breakup of the global commercial real estate brokerage and management market based on the solution?
- 7. What is the breakup of the global commercial real estate brokerage and management market based on the application?
- 8. What are the key regions in the global commercial real estate brokerage and management market?
- 9. Who are the key players/companies in the global commercial real estate brokerage and management market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Commercial Real Estate Brokerage and Management Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Brokerage
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Management
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Solution
- 7.1 Sales
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Leasing
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Offices
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Industrial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Retail
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Multifamily
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 CBRE Group Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Century 21 Real Estate LLC (Anywhere Real Estate Inc.)
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Colliers International Group Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Jones Lang LaSalle IP Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Keller Williams Realty Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Kidder Mathews Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Mitsui Fudosan Co Ltd.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Newmark Group Inc.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Savills Inc. (Savills plc)
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Voit Real Estate Services
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.1 CBRE Group Inc.
List of Figures
- Figure 1: Global: Commercial Real Estate Brokerage and Management Market: Major Drivers and Challenges
- Figure 2: Global: Commercial Real Estate Brokerage and Management Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Commercial Real Estate Brokerage and Management Market: Breakup by Type (in %), 2023
- Figure 5: Global: Commercial Real Estate Brokerage and Management Market: Breakup by Solution (in %), 2023
- Figure 6: Global: Commercial Real Estate Brokerage and Management Market: Breakup by Application (in %), 2023
- Figure 7: Global: Commercial Real Estate Brokerage and Management Market: Breakup by Region (in %), 2023
- Figure 8: Global: Commercial Real Estate Brokerage and Management (Brokerage) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Commercial Real Estate Brokerage and Management (Brokerage) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Commercial Real Estate Brokerage and Management (Management) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Commercial Real Estate Brokerage and Management (Management) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Commercial Real Estate Brokerage and Management (Sales) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Commercial Real Estate Brokerage and Management (Sales) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Commercial Real Estate Brokerage and Management (Leasing) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Commercial Real Estate Brokerage and Management (Leasing) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Commercial Real Estate Brokerage and Management (Other Solutions) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Commercial Real Estate Brokerage and Management (Other Solutions) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Commercial Real Estate Brokerage and Management (Offices) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Commercial Real Estate Brokerage and Management (Offices) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Commercial Real Estate Brokerage and Management (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Commercial Real Estate Brokerage and Management (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Commercial Real Estate Brokerage and Management (Retail) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Commercial Real Estate Brokerage and Management (Retail) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Commercial Real Estate Brokerage and Management (Multifamily) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Commercial Real Estate Brokerage and Management (Multifamily) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Commercial Real Estate Brokerage and Management (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Commercial Real Estate Brokerage and Management (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: North America: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: North America: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: United States: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: United States: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Canada: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Canada: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Asia-Pacific: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Asia-Pacific: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: China: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: China: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Japan: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Japan: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: India: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: India: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: South Korea: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: South Korea: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Australia: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Australia: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Indonesia: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Indonesia: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Others: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Others: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Europe: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Europe: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Germany: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Germany: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: France: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: France: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: United Kingdom: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: United Kingdom: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Italy: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Italy: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Spain: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Spain: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Russia: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Russia: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Others: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Others: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Latin America: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Latin America: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Brazil: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Brazil: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Mexico: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Mexico: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Others: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Others: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Middle East and Africa: Commercial Real Estate Brokerage and Management Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Middle East and Africa: Commercial Real Estate Brokerage and Management Market: Breakup by Country (in %), 2023
- Figure 76: Middle East and Africa: Commercial Real Estate Brokerage and Management Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Global: Commercial Real Estate Brokerage and Management Industry: Drivers, Restraints, and Opportunities
- Figure 78: Global: Commercial Real Estate Brokerage and Management Industry: Value Chain Analysis
- Figure 79: Global: Commercial Real Estate Brokerage and Management Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Commercial Real Estate Brokerage and Management Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Commercial Real Estate Brokerage and Management Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Commercial Real Estate Brokerage and Management Market Forecast: Breakup by Solution (in Million US$), 2024-2032
- Table 4: Global: Commercial Real Estate Brokerage and Management Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: Commercial Real Estate Brokerage and Management Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Commercial Real Estate Brokerage and Management Market: Competitive Structure
- Table 7: Global: Commercial Real Estate Brokerage and Management Market: Key Players
