The primary reasons for purchasing a home in the United States in 2024 varied among home buyers. Approximately one in four homebuyers bought a home because they desired to have their own home. Having one's own home was mainly considered by millennial buyers during their home buying process.

Tiny House Market Outlook

According to our latest research, the tiny house market size reached USD 6.1 billion globally in 2024, demonstrating steady growth fueled by shifting consumer preferences and housing affordability challenges. The market is expected to expand at a robust CAGR of 6.9% from 2025 to 2033, reaching a forecasted value of approximately USD 11.5 billion by 2033. The primary growth driver is the increasing demand for affordable, sustainable, and flexible living solutions, especially among younger demographics and environmentally conscious consumers.

The growth trajectory of the tiny house market is significantly influenced by the rising cost of traditional housing and urbanization trends. As metropolitan areas become denser and real estate prices soar, consumers are increasingly seeking alternative housing options that offer both affordability and flexibility. Tiny houses, with their compact footprints and lower construction and maintenance costs, provide a compelling solution for individuals and families looking to achieve homeownership without the financial burden of conventional homes. Additionally, the rising interest in minimalist lifestyles and the desire to reduce personal carbon footprints have made tiny homes an attractive choice for those prioritizing sustainability.

Another key factor propelling the tiny house market is the increasing prevalence of remote work and digital nomadism. The shift towards flexible work arrangements, accelerated by global events such as the COVID-19 pandemic, has prompted many individuals to reconsider their housing needs. Tiny homes, especially mobile variants, enable a lifestyle that is not tied to a single location, allowing owners to travel or relocate as needed. This flexibility aligns well with the preferences of millennials and Gen Z consumers, who value experiences over material possessions and are more likely to embrace non-traditional living arrangements. Furthermore, advancements in off-grid technologies, such as solar panels and composting toilets, have enhanced the viability of tiny homes in remote or rural areas.

Government initiatives and regulatory reforms are also playing a pivotal role in shaping the tiny house market. In several regions, local authorities are amending zoning laws and building codes to accommodate tiny house developments, recognizing their potential to address affordable housing shortages and promote sustainable urban growth. These regulatory changes are encouraging both individual buyers and developers to invest in tiny house communities, further expanding the market. However, challenges remain in areas where regulations are less favorable, highlighting the importance of continued advocacy and policy innovation to unlock the full potential of the tiny house movement.

From a regional perspective, North America continues to dominate the tiny house market, accounting for the largest share in 2024, followed by Europe and Asia Pacific. The popularity of tiny homes in the United States and Canada can be attributed to high housing costs, a strong DIY culture, and widespread media coverage. In Europe, growing environmental awareness and government incentives for sustainable housing are driving adoption, while in Asia Pacific, rapid urbanization and the need for space-efficient solutions are fueling market growth. Emerging markets in Latin America and the Middle East & Africa are also beginning to show interest, particularly in the context of affordable housing initiatives and tourism-related applications.

Product Type Analysis

The tiny house market is segmented by product type into mobile tiny houses and stationary tiny houses, each catering to distinct consumer preferences and lifestyle needs. Mobile tiny houses, often built on trailers, offer unparalleled flexibility and mobility, making them especially popular among digital nomads, retirees, and adventure seekers. Their ability to be relocated with ease appeals to those who value freedom of movement and the opportunity to

Mid‑Term Rental Platforms Market Outlook

According to our latest research, the Global Mid‑Term Rental Platforms market size was valued at $6.2 billion in 2024 and is projected to reach $18.7 billion by 2033, expanding at a CAGR of 12.8% during the forecast period of 2024–2033. This remarkable growth trajectory is primarily driven by the rising demand for flexible housing solutions among digital nomads, expatriates, students, and corporations seeking alternatives to traditional long-term leases and short-term vacation rentals. The evolution of remote work, globalization of talent, and increasing mobility of the workforce have fundamentally altered living patterns, fueling demand for mid-term rental options that offer both convenience and cost-effectiveness. As urbanization accelerates and consumers seek adaptable, tech-enabled housing solutions, the mid-term rental platforms market is poised for robust expansion on a global scale.

Regional Outlook

The North American region currently commands the largest share of the global mid-term rental platforms market, accounting for approximately 38% of total market value in 2024. This dominance is underpinned by a mature digital infrastructure, high internet penetration, and a well-established ecosystem of property management and rental technology providers. The United States, in particular, has witnessed strong adoption among urban professionals, students, and corporate clients, driven by the proliferation of remote work and frequent corporate relocations. Regulatory clarity in key metropolitan areas, coupled with a robust supply of diverse property types, has further accelerated the market’s maturity. Additionally, the presence of leading platform innovators and strong venture capital backing has enabled rapid scaling and innovation, positioning North America as the bellwether for mid-term rental trends.

In contrast, the Asia Pacific region is emerging as the fastest-growing market, projected to register a CAGR of 15.2% from 2024 to 2033. Rapid urbanization, a burgeoning middle class, and the growing influx of international students and expatriates are fueling demand for flexible rental solutions in cities such as Singapore, Tokyo, Sydney, and Bangalore. Governments across the region are increasingly embracing digital transformation in real estate, while local and international investors are pouring capital into platform development and property acquisition. The rise of tech-savvy millennial and Gen Z populations, combined with escalating real estate prices and housing shortages in major urban centers, is accelerating the shift toward mid-term rentals as a viable, affordable alternative. Strategic partnerships between local developers and global platform providers are also fostering innovation and market penetration.

Meanwhile, emerging economies in Latin America and the Middle East & Africa present both significant opportunities and unique challenges for mid-term rental platforms. While demand is growing, especially in gateway cities and educational hubs, adoption is often hampered by fragmented regulatory environments, limited digital payment infrastructure, and a lack of standardized property listings. Localized demand is shaped by specific cultural factors, such as extended family living arrangements and varying attitudes toward rental versus ownership. However, government initiatives to promote smart cities, digital transformation, and international investment in real estate are gradually creating a more conducive environment for mid-term rental platforms. Overcoming these market entry barriers will require tailored strategies, robust localization, and close collaboration with regional stakeholders.

Report Scope

Modular Home Insurance Market Outlook

According to our latest research, the global modular home insurance market size reached USD 8.2 billion in 2024, reflecting a robust and steadily expanding sector driven by the increasing adoption of modular housing solutions worldwide. The market is projected to grow at a CAGR of 6.8% from 2025 to 2033, with the forecasted market size expected to reach USD 15.2 billion by 2033. This strong growth trajectory is primarily propelled by the rising demand for affordable housing, growing consumer awareness regarding the importance of insurance protection for modular homes, and the ongoing evolution of insurance distribution channels. As per the latest research, the modular home insurance market is witnessing significant transformation, underpinned by digitalization, regulatory reforms, and the increasing penetration of modular construction in both developed and emerging economies.

A key growth factor for the modular home insurance market is the surging popularity of modular homes, which offer faster construction timelines, cost efficiencies, and enhanced sustainability compared to traditional site-built homes. This shift in housing preferences, particularly among millennials and first-time homebuyers, has led to a substantial increase in the installed base of modular homes globally. As more individuals and families opt for modular housing, the need for tailored insurance products that address the unique risks associated with modular construction—such as transportation, assembly, and site-specific hazards—has become paramount. Insurers are responding by developing specialized coverage options that cater to the distinct requirements of modular homeowners, thereby fueling market growth and innovation in product offerings.

Another significant driver is the expansion of digital distribution channels, which are revolutionizing how modular home insurance products are marketed, sold, and managed. The proliferation of online platforms and insurtech solutions has made it easier for consumers to compare policies, obtain instant quotes, and purchase coverage conveniently from their homes. This digital transformation is not only enhancing customer experience but also enabling insurers to reach previously underserved segments, such as rural homeowners and those in remote areas where modular housing is gaining traction. Additionally, the use of data analytics and artificial intelligence is allowing insurers to better assess risk, customize policies, and streamline claims processes, further strengthening the value proposition for both insurers and policyholders in the modular home insurance market.

The modular home insurance market is also benefiting from supportive regulatory frameworks and government initiatives aimed at promoting affordable and resilient housing. In many regions, regulatory bodies are encouraging the adoption of modular construction to address housing shortages and improve disaster resilience, particularly in areas prone to natural catastrophes. This, in turn, is driving demand for comprehensive insurance solutions that can safeguard modular homeowners against a wide range of perils, including fire, theft, liability, and additional living expenses. As the modular housing sector continues to mature and gain mainstream acceptance, insurers are expected to play a pivotal role in supporting its growth by offering innovative products, risk management services, and educational resources that empower homeowners to make informed decisions about their insurance needs.

From a regional perspective, North America currently dominates the modular home insurance market, accounting for over 38% of the global market share in 2024, followed by Europe and Asia Pacific. The strong presence of modular housing manufacturers, well-established insurance providers, and favorable regulatory environments in these regions are key factors contributing to market leadership. Meanwhile, emerging markets in Asia Pacific and Latin America are witnessing rapid growth, driven by urbanization, rising disposable incomes, and increasing awareness of the benefits of modular construction and insurance. The Middle East & Africa region, while still in the nascent stages of market development, is expected to experience steady growth as modular housing solutions gain traction in response to evolving demographic and economic trends.

Coverage Type Analysis

The modular home insurance market is segmented by co

Co-Living Space Market Outlook

According to our latest research, the Global Co-Living Space market size was valued at $21.4 billion in 2024 and is projected to reach $72.6 billion by 2033, expanding at a robust CAGR of 14.2% during the forecast period of 2024–2033. The primary driver fueling this substantial growth is the rising demand for affordable and flexible housing solutions among urban millennials and young professionals worldwide. As urbanization accelerates and the cost of living in major cities continues to soar, co-living spaces offer a compelling alternative by combining affordability, convenience, and a sense of community. This evolving lifestyle preference, coupled with technological advancements in property management and digital platforms, is reshaping the residential real estate landscape and positioning co-living as a mainstream solution for the future of urban living.

Regional Outlook

North America currently commands the largest share of the global co-living space market, accounting for nearly 35% of total market revenue in 2024. This dominance is attributed to the region’s mature real estate infrastructure, high urbanization rates, and a robust ecosystem of tech-enabled property management companies. Cities such as New York, San Francisco, and Toronto have witnessed a surge in co-living developments, driven by a growing population of young professionals and students seeking cost-effective and socially engaging living arrangements. Furthermore, favorable regulatory frameworks and the proliferation of venture-backed startups have accelerated the adoption of co-living models, making North America a benchmark for operational excellence and innovation in the sector.

The Asia Pacific region is emerging as the fastest-growing market, projected to register a remarkable CAGR of 17.8% from 2024 to 2033. This growth trajectory is propelled by rapid urban migration, a burgeoning middle class, and escalating property prices in metropolitan hubs like Beijing, Mumbai, Singapore, and Sydney. Governments in the region are increasingly supportive of alternative housing formats to address urban housing shortages, while real estate developers and institutional investors are ramping up investments in co-living projects. The region’s youthful demographic profile and cultural openness to shared living further catalyze market expansion, positioning Asia Pacific as a critical engine for future growth in the global co-living space market.

In emerging economies across Latin America, the Middle East, and Africa, the adoption of co-living spaces is gaining momentum but faces unique challenges. Limited awareness, regulatory ambiguities, and varying cultural perceptions of shared living can hinder rapid adoption. However, as urbanization intensifies and the demand for affordable housing rises, these markets present significant untapped potential. Localized demand is being addressed through partnerships with universities, corporations, and local governments, while regulatory reforms and pilot projects are gradually paving the way for broader acceptance. Despite infrastructural and policy hurdles, the long-term outlook for co-living in these regions remains optimistic, especially as global operators and investors begin to explore these nascent markets.

Report Scope

About 36 percent of homeowners in England were aged 65 and above, which contrasts sharply with younger age groups, particularly those under 35. Young adults between 25 and 35, made up 15 percent of homeowners and had a dramatically lower homeownership rate. The disparity highlights the growing challenges faced by younger generations in entering the property market, a trend that has significant implications for wealth distribution and social mobility. Barriers to homeownership for young adults The path to homeownership has become increasingly difficult for young adults in the UK. A 2023 survey revealed that mortgage affordability was the greatest obstacle to property purchase. This represents a 39 percent increase from 2021, reflecting the impact of rising house prices and mortgage rates. Despite these challenges, one in three young adults still aspire to get on the property ladder as soon as possible, though many have put their plans on hold. The need for additional financial support from family, friends, and lenders has become more prevalent, with one in five young adults acknowledging this necessity. Regional disparities and housing supply The housing market in England faces regional challenges, with North West England and the West Midlands experiencing the largest mismatch between housing supply and demand in 2023. This imbalance is evident in the discrepancy between new homes added to the housing stock and the number of new households formed. London, despite showing signs of housing shortage, has seen the largest difference between homes built and households formed. The construction of new homes has been volatile, with a significant drop in 2020, a rebound in 2021 and a gradual decline until 2024.

Build-to-Rent Finance Market Outlook

According to our latest research, the global Build-to-Rent (BTR) Finance market size reached USD 56.2 billion in 2024, driven by surging demand for professionally managed rental housing and innovative financing structures. The market is registering a robust CAGR of 11.7% and is projected to attain USD 153.1 billion by 2033. This significant growth is attributed to the increasing institutionalization of rental housing, evolving demographic trends, and the continuous influx of capital from both domestic and international investors. As per our latest research findings, the market’s expansion is further fueled by the rising need for affordable, flexible living solutions and the growing appeal of stable, long-term rental yields for investors.

One of the primary growth factors propelling the Build-to-Rent Finance market is the ongoing shift in housing preferences across urban populations worldwide. Younger generations, particularly Millennials and Gen Z, are demonstrating a marked preference for renting over homeownership due to factors such as financial flexibility, job mobility, and evolving lifestyle choices. This demographic shift is encouraging real estate developers and institutional investors to focus on the build-to-rent segment, which offers professionally managed, amenity-rich rental communities. The consistent demand for high-quality rental properties is prompting the development of innovative financing mechanisms, including debt, equity, and hybrid solutions, to facilitate large-scale BTR projects. As a result, the market is witnessing increased participation from banks, private equity firms, and alternative asset managers, all seeking to capitalize on the sector’s resilience and growth potential.

Another key driver for the Build-to-Rent Finance market is the favorable regulatory and policy environment emerging in several major economies. Governments and local authorities are increasingly recognizing the role of BTR developments in addressing housing shortages, improving rental standards, and supporting urban regeneration. In regions such as North America and Europe, policy incentives, streamlined planning processes, and public-private partnership models are being introduced to encourage BTR investments. These supportive frameworks are lowering entry barriers for new market participants and accelerating the pace of project approvals and completions. Furthermore, the integration of sustainability and ESG (Environmental, Social, and Governance) criteria into financing decisions is attracting a broader spectrum of investors, including pension funds and sovereign wealth entities, who are seeking both financial returns and positive social impact.

Technological advancements and digital transformation are also playing a crucial role in shaping the Build-to-Rent Finance market. The adoption of PropTech solutions is enhancing the efficiency of asset management, tenant engagement, and financial modeling for BTR projects. Digital platforms are facilitating seamless transactions, transparent reporting, and data-driven decision-making, which are critical for attracting institutional capital and optimizing portfolio performance. Moreover, the integration of smart building technologies and energy-efficient design is increasing the appeal of BTR properties among environmentally conscious renters and investors alike. Collectively, these technological innovations are streamlining the financing process, reducing operational risks, and supporting the scalability of BTR developments across diverse markets.

From a regional perspective, the North American Build-to-Rent Finance market holds the largest share, underpinned by robust demand in the United States and Canada. The region’s mature real estate ecosystem, deep capital markets, and favorable demographic trends are creating a fertile environment for BTR investments. Meanwhile, Europe is experiencing rapid growth, particularly in the United Kingdom, Germany, and the Netherlands, where urbanization and housing affordability challenges are driving the adoption of BTR models. The Asia Pacific region is emerging as a promising frontier for BTR finance, with rising urban populations and evolving investor appetite for rental housing assets. Latin America and the Middle East & Africa are also witnessing gradual market development, supported by regulatory reforms and growing interest from global investors. Each region presents unique opportunities and challenges, shaping the competitive dynamics and investment strategies within