SEGRO was the leading real estate company in the United Kingdom (UK) as of October 15, 2024, with a market capitalization amounting to ***** billion U.S. dollars. The Berkeley Group and Land Securities Group followed, with market caps of **** and **** billion U.S. dollars, respectively.

Between 2021 and 2022, Barratt Developments was the company with the largest housing turnover in the United Kingdom. Taylor Wimpey was the second company in the ranking, with a housebuilding revenue of *** billion British pounds. In fourth place, Bellway generated a revenue of *** billion British pounds in 2022. However, that only refers to the turnover that those companies generated from housing activities. What is the outlook for the UK's home construction market? Although housing construction was expected to stagnate in 2024, over the coming years the number of homes built is expected to rise at a quick pace. The projected growth of housing starts in the UK is anticipated to be **** percent higher in 2028 than in 2024. A rise in construction starts would be a good sign for the market, as there is a high demand for housing which, along with other factors, has fostered increasingly higher house prices in the UK during the past years. Who are the leading home builders in the U.S.? The market size of the home building industry in the United States is even bigger than in the UK. In 2023, Miami-based Lennar Corp. and the Texas-based D.R. Horton were the largest homebuilders in the U.S. with a revenue of over ** billion U.S. dollars. Other builders, such as PulteGroup, Toll Brothers, and NVR were also prominent players in the residential construction industry, with much higher revenue figures than their UK counterparts. The value of new residential construction in the U.S. rose significantly from 2019 to 2022 despite the COVID-19 pandemic, reaching about *** billion U.S. dollars. However, the market is expected to decrease until 2025, which could impact the revenues of these home builders.

******************** led the rankings in terms of the largest construction company by market capitalization in the United Kingdom as of October 11, 2024. The residential property development company reached a market capitalization of nearly **** billion U.S. dollars. Other notable companies in the sector were Taylor Wimpey and Persimmon, with market caps amounting to **** billion and *** billion U.S. dollars, respectively.

Residential building contractors are contingent on the propensity of property developers to invest in new ventures; movements in property prices; government schemes intended to boost the housing supply; and underlying sentiment in the housing market. Industry contractors have endured turbulent operating conditions over the past five years, leading to volatile shifts in revenue and profitability. Revenue is forecast to grow at a compound annual rate of 5.4% over the five years through 2025-26, reaching £100.5 billion. The pandemic caused a significant drop in output in 2020-21, as restrictions placed on on-site activity and fewer enquiries for new housing units reduced revenue opportunities. Aided by government support for the housing market and the release of pent-up demand, 2021-22 was characterised by a strong rebound in activity, though materials and labour shortages maintained constraints on output. Mounting supply chain disruption and heightened economic uncertainty maintained pressure on output in the following year, though revenue growth was maintained by growth in average selling prices. Interest rate hikes and inflationary pressures led to a more subdued housing market in 2022-23, holding back the number of housing starts and completions during the year. This was followed by a slump in new residential building construction in the following year, as high borrowing costs and uncertain market conditions caused developers to scale back investment plans. The new Labour government has put forth ambitious housing targets, leading to planning reforms, increased funding for SME housebuilders and a particular focus on affordable housing to speed up housing delivery. Even though economic conditions continue to affect investor sentiment, supportive supply-side policies are anticipated to boost revenue growth by 0.5% in 2025-26. This growth is expected to also be fuelled by an uptick in new orders for residential building construction, coupled with a rise in average selling prices. Revenue is slated to climb at a compound annual rate of 2.3% to reach £112.5 billion over the five years through 2030-31. Housebuilding activity is set to grow in the medium-term, aided by the release of pent-up demand. Nonetheless, significant uncertainty remains, with mortgage rates likely to settle well-above pre-pandemic levels and supply chains remaining fragile. The new government’s pledge to deliver 1.5 million houses during the first five years of parliament will boost demand for industry contractors, though the full impact of this on growth prospects is dependent on the nature and extent of accompanying funding plans.

Discover the booming European residential real estate market! This in-depth analysis reveals a €1.95 trillion market projected for 4.50% CAGR growth (2025-2033), driven by urbanization, rising incomes, and government initiatives. Explore market trends, key players (Elm Group, Places for People, etc.), and regional insights (UK, Germany, France). Recent developments include: November 2023: DoorFeed, a Proptech company, raised EUR 12 million (USD 13.24 million) in seed funding, led by Motive Ventures and Stride and supported by renowned investors, including Seedcamp. Founded by veteran proptech entrepreneur and ex-Uber employee James Kirimi, DoorFeed aims to be the first choice for institutional investors seeking to invest in residential real estate. The company is looking to expand its footprint across Europe, with a focus on Spain, Germany, and the United Kingdom., October 2023: H.I.G, a global alternative investment firm with over USD 59 billion in assets under management, invested in the real estate development company, The Grounds Real Estate Development AG (“the Transaction”), which is listed on the alternative stock exchange. The proceeds of the transaction are expected to be utilized to fund the capital expenditures of the current projects of The Grounds. The Grounds, based in Berlin, specializes in the acquisition and development of German residential properties located in large metropolitan areas. In the transaction, the major shareholders of The Grounds, which currently hold 73% of the company’s shares, have agreed to grant H. I.G. the right to share in future rights issues.. Key drivers for this market are: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Potential restraints include: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Notable trends are: Student Housing to Gain Traction.

Discover the booming European luxury residential real estate market! This in-depth analysis reveals a €50 billion market (2025), projecting a CAGR exceeding 4% through 2033. Explore key drivers, trends, and challenges impacting the UK, Germany, France, and other European nations. Learn about leading players and investment opportunities in this lucrative sector. Recent developments include: August 2022: Slate Asset Management, a global alternative investment platform that focuses on real assets, stated that it had paid more than NOK 1.5 billion (USD 0.15 billion) for a portfolio of 36 key real estate properties in Norway. Following closely on the heels of the company's initial two portfolio purchases in the area in December 2021 and March 2022, this deal increases Slate's presence in Norway to a total of 63 critical real estate assets., January 2022: Instone Real Estate, one of the leading residential developers in Germany, continued its successful cooperation with LEG with the sale of around 330 apartments. The transaction includes 96 privately financed rental apartments on the west side site in Bonn-Endenich. In addition, a further 236 rental apartments in the Literature Quarter in Essen - 52 of which are publicly funded and 184 privately financed - are part of the apartment package that LEG Solution acquired as part of a forward deal for the existing LEG companies.. Key drivers for this market are: Rising Commercial Property Development, Rapid Digitalization of Commercial Construction. Potential restraints include: Emerging Safety and Labour Issues, Rise in Cost of Construction. Notable trends are: Largest Real Estate Companies in Europe.

The Germany-headquartered real estate company, Vonovia, had the largest market value among the European real estate companies in the ranking. Vonovia's market value amounted to ***** billion U.S. dollars as of April 25, 2025. Investment prospects in European real estate The European real estate market is a hotly contended investment opportunity, with high-demand areas and opportunities for high returns on investments. In 2024, multiple cities across Europe have been identified as good prospects for investment. In terms of investment prospects, infrastructure and data centers have been identified as a particularly good target in 2024. Housing market in Europe Europe has an ongoing battle to supply enough housing for a growing population. In 2024, France, Germany, and Poland had the most residential real estate construction starts in Europe.

The UK commercial real estate market, valued at approximately £149.67 billion in 2025, is projected to experience steady growth, driven by factors such as increasing urbanization, robust economic activity in key sectors, and ongoing investment in infrastructure projects. The market's Compound Annual Growth Rate (CAGR) of 4.31% from 2025 to 2033 indicates a positive outlook, although growth may fluctuate depending on macroeconomic conditions and interest rate changes. The office sector, while facing challenges from remote work trends, remains a significant segment, particularly in major cities like London. The retail sector is undergoing transformation, with a shift towards experience-led retail and e-commerce fulfillment centers driving demand. The industrial and logistics sector continues to thrive, fueled by the growth of e-commerce and supply chain optimization. The hospitality sector’s recovery post-pandemic is expected to contribute to market growth, although uncertainties remain. Investment is likely to focus on sustainable and technologically advanced properties, aligning with broader ESG (Environmental, Social, and Governance) considerations. Within the UK, regional variations are expected. London and other major cities will continue to attract significant investment, while regional markets will demonstrate varying levels of growth depending on local economic conditions and infrastructure developments. Competition among established players like Hammerson, Land Securities Group PLC, and British Land, alongside emerging players, will likely intensify. The sector is also subject to regulatory changes and external factors like inflation and geopolitical events, which will influence investment decisions and overall market performance. Technological advancements, such as proptech solutions and data analytics, will further reshape the industry's landscape, impacting operations, asset management, and tenant relationships. This evolving market presents both opportunities and challenges for investors, developers, and businesses operating within the UK commercial real estate sector. Recent developments include: October 2023: British Land received a resolution to grant planning permission for an approximately 140,000 sq. ft multi-level last-mile logistics scheme on Mandela Way, Southwark. This project represents the latest addition to British Land’s 2.9 million sq. ft pipeline. Situated near the junction of New Kent Road, Old Kent Road, and Tower Bridge Road, the site will serve as a last-mile logistics hub for Southwark and central London., July 2023: British Land and Landsec formulated a comprehensive set of recommendations aimed at regenerating UK towns and cities. Their goal is to stimulate more growth, create additional homes, and generate more job opportunities by enhancing how the planning system supports brownfield regeneration. As major players behind some of Britain’s most significant regeneration projects, including Landsec’s 24-acre Mayfield neighborhood in central Manchester and British Land and AustralianSuper’s 53-acre Canada Water development in London, these property companies bring extensive experience in large-scale, complex urban developments. The insights gained from such projects have been applied and refined in their latest paper.. Key drivers for this market are: Growth in the Country's Logistics Sector and Warehouse Space, Increasing Demand for Co-working Office Spaces; Increasing Infrastructure Investments. Potential restraints include: Rising Costs affecting the market. Notable trends are: Office Segment Showing Significant Growth in the Market.

The European luxury residential real estate market is experiencing robust growth, driven by several key factors. A consistently strong performance over the past several years (2019-2024) with a Compound Annual Growth Rate (CAGR) exceeding 4% indicates a healthy and expanding sector. This growth is fueled by increasing high-net-worth individual (HNWI) populations across major European economies, particularly in the United Kingdom, Germany, France, and Spain. Demand is further bolstered by a desire for larger, more luxurious properties, often in prime locations with access to amenities and cultural attractions. The market segments are primarily comprised of villas/landed houses and condominiums/apartments, with villas commanding a premium price point in many areas. While economic uncertainties and potential interest rate hikes pose some restraints, the underlying demand for luxury properties remains strong, particularly in established luxury markets like London, Paris, and other significant European cities. The resilience of this market is evident in its sustained growth trajectory, making it an attractive sector for both investors and developers. The competitive landscape is shaped by a mix of international and regional players. Established firms such as Sotheby's International Realty, Mansion Global, and Barnes International Realty, alongside regional players like Haussmann Real Estate (France) and Rodgaard Ejendomme (Denmark), are key contributors to market activity. These companies leverage extensive networks and brand recognition to cater to discerning clients. While precise market size for 2025 isn't provided, a reasonable estimate, considering the CAGR and historical performance, suggests a market value in the tens of billions of Euros. Looking forward, the forecast period (2025-2033) is expected to witness continued expansion fueled by sustained HNWI wealth growth and a persistent preference for prime residential real estate as a safe and appreciating asset class. However, factors like geopolitical instability and fluctuating currency exchange rates could influence growth patterns. The overall trend suggests a positive outlook for the European luxury residential real estate market in the long term, with sustained growth expected throughout the forecast period. Recent developments include: August 2022: Slate Asset Management, a global alternative investment platform that focuses on real assets, stated that it had paid more than NOK 1.5 billion (USD 0.15 billion) for a portfolio of 36 key real estate properties in Norway. Following closely on the heels of the company's initial two portfolio purchases in the area in December 2021 and March 2022, this deal increases Slate's presence in Norway to a total of 63 critical real estate assets., January 2022: Instone Real Estate, one of the leading residential developers in Germany, continued its successful cooperation with LEG with the sale of around 330 apartments. The transaction includes 96 privately financed rental apartments on the west side site in Bonn-Endenich. In addition, a further 236 rental apartments in the Literature Quarter in Essen - 52 of which are publicly funded and 184 privately financed - are part of the apartment package that LEG Solution acquired as part of a forward deal for the existing LEG companies.. Notable trends are: Largest Real Estate Companies in Europe.

Success.ai’s Commercial Real Estate Data and B2B Contact Data for Global Real Estate Professionals is a comprehensive dataset designed to connect businesses with industry leaders in real estate worldwide. With over 170M verified profiles, including work emails and direct phone numbers, this solution ensures precise outreach to agents, brokers, property developers, and key decision-makers in the real estate sector.

Utilizing advanced AI-driven validation, our data is continuously updated to maintain 99% accuracy, offering actionable insights that empower targeted marketing, streamlined sales strategies, and efficient recruitment efforts. Whether you’re engaging with top real estate executives or sourcing local property experts, Success.ai provides reliable and compliant data tailored to your needs.

Key Features of Success.ai’s Real Estate Professional Contact Data

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4. Real Estate Executives: Leaders overseeing multi-regional operations and business strategies.
5. Architects & Consultants: Experts driving design and project feasibility.

• Verified and Continuously Updated Data

AI-Powered Validation: All profiles are verified using cutting-edge AI to ensure up-to-date accuracy. Real-Time Updates: Our database is refreshed continuously to reflect the most current information. Global Compliance: Fully aligned with GDPR, CCPA, and other regional regulations for ethical data use.

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• Data Highlights 170M+ Verified Professional Profiles 50M Work Emails 30M Company Profiles 700M Global Professional Profiles

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• What Makes Us Stand Out? >> Unmatched Data Accuracy: Our AI-driven validation ensures 99% accuracy for all contact details. >> Comprehensive Global Reach: Covering professionals across diverse real estate markets worldwide. >> Flexible Delivery Options: Access data in formats that seamlessly fit your existing systems. >> Ethical and Compliant Data Practices: Adherence to global standards for secure and responsible data use.

Success.ai’s B2B Contact Data for Global Real Estate Professionals delivers the tools you need to connect with the right people at the right time, driving efficiency and success in your business operations. From agents and brokers to property developers and executiv...

Hong Kong Land Holdings LD was the leading real estate company on the London Stock Exchange (LSE) as of April 2023, with a total market capitalization value of nearly ***** billion British pounds. This was followed by Segro Plc and the Land Securities Group Plc, with values of approximately ** billion and **** billion British pounds respectively. In the same month, the total market cap of all real estate companies trading on the LSE was close to *** billion British pounds.

The European residential construction market, valued at €1.08 billion in 2025, is projected to experience robust growth, driven by factors such as increasing urbanization, rising disposable incomes in several key European nations, and supportive government policies aimed at stimulating housing development. The market's Compound Annual Growth Rate (CAGR) of 5.67% from 2025 to 2033 signifies a considerable expansion, indicating a significant opportunity for construction companies and related businesses. Growth is expected to be particularly strong in countries experiencing population growth and housing shortages, such as the United Kingdom, Germany, and France. The market is segmented by property type (single-family and multi-family) and construction type (new construction and renovation). The new construction segment is expected to dominate, propelled by increasing demand for new homes, while the renovation segment will see steady growth driven by the need to upgrade existing housing stock to meet modern standards and improve energy efficiency. Key players such as Vistry Group, Bellway plc, and Barratt Developments plc are expected to remain significant market forces, leveraging their expertise and established market presence to benefit from this growth. However, challenges such as rising material costs, labor shortages, and stringent environmental regulations pose potential restraints, impacting profitability and project timelines. The fragmented nature of the market across various European countries presents both opportunities and challenges. While some nations will experience faster growth due to specific economic factors and supportive policies, others may lag behind. Therefore, companies operating in this market need a nuanced understanding of country-specific dynamics to achieve success. The long-term outlook for the European residential construction market remains positive, although it is subject to potential macroeconomic fluctuations. The consistent demand for housing, driven by population growth and changing lifestyles, will continue to support market expansion, while the incorporation of sustainable building practices and technological advancements will shape the future of the sector. Further expansion into the renovation segment provides ample opportunities to tap into existing housing stock with sustainable retrofitting projects, bolstering market growth through both new builds and increased housing value. This in-depth report provides a comprehensive analysis of the Europe residential construction market, covering the period from 2019 to 2033. With a focus on key market trends, growth drivers, and challenges, this report offers invaluable insights for investors, builders, developers, and industry stakeholders. The report utilizes data from the historical period (2019-2024), the base year (2025), and projects the market’s trajectory through the forecast period (2025-2033), with an estimated year of 2025. It examines market dynamics across various segments, including single-family and multi-family property types, new construction and renovation projects, and provides granular insights into key European countries and regions. The report’s detailed analysis of market concentration, M&A activity, and regulatory impacts provides a 360° view of this dynamic sector. Recent developments include: April 2023: Apollo Global Management Inc. agreed to buy part of a portfolio of apartments from Vonovia SEfor €1 billion ($1.1 billion), with the largest German residential deal in months suggesting confidence is returning to the under-pressure sector. The private equity firm will acquire a minority stake in 21,000 homes in the German state of Baden-Wuerttemberg at a discount of about 5% to the portfolio’s year-end valuation., October 2023: The new housing association, Sovereign Network Group (SNG), announced its formation yesterday following a tie-up between 61,000-home Sovereign and Network Homes, which managed 21,000 properties. The new organisation will be a member of the G15 group of London’s largest landlords, and will manage more than 82,000 homes with 210,000 customers across London, Hertfordshire and the South of England.. Key drivers for this market are: Demand for New Dwellings Units, Government Initiatives are driving the market. Potential restraints include: Supply Chain Disruptions, Lack of Skilled Labour. Notable trends are: Increasing in Investments in Multifamily Residential Construction.

Discover the latest trends in the booming €1.95 trillion European residential real estate market. Explore growth forecasts (CAGR 4.5%), key drivers, regional breakdowns (UK, Germany, France), leading companies, and market challenges until 2033. Recent developments include: November 2023: DoorFeed, a Proptech company, raised EUR 12 million (USD 13.24 million) in seed funding, led by Motive Ventures and Stride and supported by renowned investors, including Seedcamp. Founded by veteran proptech entrepreneur and ex-Uber employee James Kirimi, DoorFeed aims to be the first choice for institutional investors seeking to invest in residential real estate. The company is looking to expand its footprint across Europe, with a focus on Spain, Germany, and the United Kingdom., October 2023: H.I.G, a global alternative investment firm with over USD 59 billion in assets under management, invested in the real estate development company, The Grounds Real Estate Development AG (“the Transaction”), which is listed on the alternative stock exchange. The proceeds of the transaction are expected to be utilized to fund the capital expenditures of the current projects of The Grounds. The Grounds, based in Berlin, specializes in the acquisition and development of German residential properties located in large metropolitan areas. In the transaction, the major shareholders of The Grounds, which currently hold 73% of the company’s shares, have agreed to grant H. I.G. the right to share in future rights issues.. Key drivers for this market are: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Potential restraints include: Limited Availability of Land Hindering the Market. Notable trends are: Student Housing to Gain Traction.

Snapshot img

Real Estate Market Size 2025-2029

The real estate market size is valued to increase USD 1258.6 billion, at a CAGR of 5.6% from 2024 to 2029. Growing aggregate private investment will drive the real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 64% growth during the forecast period.
By Type - Residential segment was valued at USD 1440.30 billion in 2023
By Business Segment - Rental segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 48.03 billion
Market Future Opportunities: USD 1258.60 billion
CAGR from 2024 to 2029 : 5.6%

Market Summary

In the dynamic realm of global real estate, private investment continues to surge, reaching an impressive USD 2.6 trillion in 2020. This significant influx of capital underscores the sector's enduring appeal to investors, driven by factors such as stable returns, inflation hedging, and the ongoing demand for shelter and commercial real estate space. Simultaneously, marketing initiatives have gained momentum, with digital platforms and virtual tours becoming increasingly popular.
However, regulatory uncertainty looms, posing challenges for market participants. Amidst this complex landscape, real estate remains a vital component of the global economy, continually evolving to meet the shifting needs of businesses and individuals alike.

What will be the Size of the Real Estate Market during the forecast period?

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How is the Real Estate Market Segmented ?

The real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Residential
  Commercial
  Industrial


Business Segment

  Rental
  Sales


Manufacturing Type

  New construction
  Renovation and redevelopment
  Land development


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The residential segment is estimated to witness significant growth during the forecast period.

Amidst the dynamic real estate landscape, the residential sector encompasses the buying and selling of various dwelling types, including single-family homes, apartments, townhouses, and more. This segment experiences continuous growth, fueled by increasing millennial homeownership rates and urbanization trends. Notably, the APAC region, specifically China, dominates the market share, driven by escalating homeownership numbers. Concurrently, the Indian real estate sector thrives due to the demand for affordable housing, with initiatives like Pradhan Mantri Awas Yojana (PMAY) spurring the development of affordable housing projects. In this evolving market, various aspects such as environmental impact studies, capital appreciation potential, title insurance coverage, building lifecycle costs, mortgage interest rates, and structural engineering analysis play crucial roles.

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The Residential segment was valued at USD 1440.30 billion in 2019 and showed a gradual increase during the forecast period.

Property tax appeals, property insurance premiums, property tax assessments, property marketing strategies, building material pricing, property management software, land surveying techniques, zoning regulations compliance, architectural design features, building code compliance, multifamily property management, rental yield calculations, construction cost estimation, energy efficiency ratings, green building certifications, tenant screening processes, investment property returns, property development plans, geotechnical site investigations, sustainable building practices, due diligence procedures, HVAC system efficiency, property renovation costs, market value appraisals, building permit acquisition, and property valuation models significantly impact the sector's progression. As of 2021, the market is projected to reach a value of USD 33.3 trillion, underscoring its substantial influence on the global economy.

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Regional Analysis

APAC is estimated to contribute 64% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How Real Estate Market Demand is Rising in APAC Request Free Sample

The APAC region held the largest share of the market in 2024, driven by factors such as rapid urbanization and increasing spending capacity. This trend is expected to continue during the forecast period. The overall health of the economy signi

Introduction

This UK English Call Center Speech Dataset for the Real Estate industry is purpose-built to accelerate the development of speech recognition, spoken language understanding, and conversational AI systems tailored for English -speaking Real Estate customers. With over 30 hours of unscripted, real-world audio, this dataset captures authentic conversations between customers and real estate agents ideal for building robust ASR models.

Curated by FutureBeeAI, this dataset equips voice AI developers, real estate tech platforms, and NLP researchers with the data needed to create high-accuracy, production-ready models for property-focused use cases.

Speech Data

The dataset features 30 hours of dual-channel call center recordings between native UK English speakers. Captured in realistic real estate consultation and support contexts, these conversations span a wide array of property-related topics from inquiries to investment advice offering deep domain coverage for AI model development.

Topic Diversity

This speech corpus includes both inbound and outbound calls, featuring positive, neutral, and negative outcomes across a wide range of real estate scenarios.

Such domain-rich variety ensures model generalization across common real estate support conversations.

Transcription

All recordings are accompanied by precise, manually verified transcriptions in JSON format.

These transcriptions streamline ASR and NLP development for English real estate voice applications.

Metadata

Detailed metadata accompanies each participant and conversation:

This enables smart filtering, dialect-focused model training, and structured dataset exploration.

Usage and Applications

This dataset is ideal for voice AI and NLP systems built for the real estate sector:

A dataset featuring over 500,000 large-scale planning applications across England, Wales, Scotland, and Northern Ireland, with postcode-level precision, enriched by 6 million small applications, 280,000 deprivation indices, and 16 million property transactions. Enables linking planning data to property values, socioeconomic context, and trend-detection via Doorda AI.

The Real Estate Adaptation and Innovation within an integrated Retailing system (REPAIR) project, conducted at the University of Glasgow and University of Sheffield, investigated the changes experienced across the retail cores of five UK cities Edinburgh, Glasgow, Hull, Liverpool and Nottingham between 2000 and 2021. The project examined different aspects of the property market and built environment across four separate work streams.

The primary data stored here relates to Work Package C and was collected via semi-structured interviews with landlords and property professional practitioners managing assets and/or providing other property services to investors. The interviews investigate the implications of the structural changes experienced in recent years in city centre retail markets for owners, investors and developers. The findings explore the issues around redundant and vacant properties, and how investment behaviours and property market practices are adapting. The later interviews also capture the effects of the pandemic on retailing centres.

The retail sector is crucial to the economic health and vitality of towns and cities and is a core component of the national economy, but is experiencing an ongoing period of change and the challenges faced by centres are being met in different ways, with different outcomes. Consumers are behaving, shopping and using urban centres in new and diverse ways and many retailing centres have experienced falling footfall, retailer closures and a rise in empty retail units. In an attempt to reverse the cycle of decline, centres need to be multi-functional places and policy-makers are encouraging more mixed use development. Large-scale mixed-use re-development of obsolete stock, novel temporary land uses, events and public realm works are being used to try to make urban centres more attractive and increase their competitive edge. Yet, not everyone is experiencing the benefits of these changes. Mistrust, tension and conflict can arise from land use changes and become barriers to further renewal and change, limiting the effectiveness of these "town centre first" policies. A recent ESRC-funded study undertaken by researchers at Manchester Metropolitan University blamed these tensions and lack of co-operation as significant contributors to the continued declined of retailing in many centres (Parker, 2015).

This project investigates one of the largest stakeholder groups within the sector. The objectives and behaviour of land and property owners, developers and investors are significant to the use and form of retailing centres. The project explores how ownership and the behaviour of this stakeholder group impact on the sector, by exploring issues around changing ownership and use patterns; innovations in design form; the ability of the industry to respond to change; and the ways the group engages and interacts with other stakeholders in urban centres. Thus, it aims to examine how their expectations, perceptions, practices and co-operation help or limit experimentation with new uses, building types and designs.

The mixed method study, using primary and secondary data, explores issues around: whether retailers and landlords in city centres are becoming more or less diverse; whether new design formats, flexible uses and large scale redevelopments can help struggling centres; the extent to which established practices and procedures in the real estate market encourage or even hinder new uses; and whether stakeholders can work together in better ways for the future health of town and city centres. These issues are examined using five case study cities over the period 1997-2017: Glasgow, Edinburgh, Liverpool, Sheffield and Nottingham.

Discover the booming European manufactured homes market! This in-depth analysis reveals a €15 billion market with a 5%+ CAGR, driven by housing shortages and sustainability. Explore key trends, leading companies, and regional insights for 2025-2033. Recent developments include: June 2022 - TopHat, a modular housing developer, which is 70 percent owned by US bank Goldman Sachs, is planning a new factory in Corby, Northamptonshire. The facility, by 2023, will be capable of producing 4,000 homes a year, making it Europe's largest modular housing factory, according to TopHat., April 2022 - HusCompagniet A/S ('HusCompagniet') has signed an agreement to acquire a prefabricated (prefab) factory from NVV GmbH and JAWS Holding ApS ('Danhaus') including an order book of around DKK 200 million. The factory is in Esbjerg, Denmark.. Notable trends are: Demand of Prefabricated Houses is Increasing in Sweden.

Panattoni Europe was the largest developer of logistics real estate in Europe between 2021 and 2023, with over ** million square feet of floor space completed. The Warsaw-headquartered company completed a total of *** projects during the two-year period. The second company in the ranking, CTP, delivered approximately **** million square feet of warehousing.

Snapshot img

Smart Home Market Size 2025-2029

The smart home market size is valued to increase by USD 255.2 billion, at a CAGR of 23.5% from 2024 to 2029. Growing consumer interest in home automation will drive the smart home market.

Major Market Trends & Insights

North America dominated the market and accounted for a 36% growth during the forecast period.
By Application - Home entertainment segment was valued at USD 19.70 billion in 2023
By Technology - Wireless segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 598.40 billion
Market Future Opportunities: USD 255.20 billion
CAGR from 2024 to 2029 : 23.5%

Market Summary

The market is experiencing unprecedented expansion, fueled by escalating consumer demand for convenience, energy efficiency, and enhanced security. According to recent market intelligence, The market is projected to reach a value of USD151.4 billion by 2023, underscoring its significant growth trajectory. This expansion is driven by strategic partnerships and alliances between industry leaders, which are fostering innovation and expanding the market's reach. However, challenges persist, particularly in the realm of interoperability. As the number of connected devices in homes continues to proliferate, ensuring seamless communication and compatibility between them remains a complex issue.
Despite these hurdles, the future of the market is promising, with advancements in artificial intelligence and machine learning set to revolutionize the way we manage our living spaces.

What will be the Size of the Smart Home Market during the forecast period?

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How is the Smart Home Market Segmented ?

The smart home industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Home entertainment
  Smart appliances
  Energy management
  Lighting control system and HVAC
  Safety and security system


Technology

  Wireless
  Wired


Installation Type

  New Construction
  Retrofit


Product Type

  Smart Lighting
  Smart Appliances
  Security Systems


End-User

  Residential
  Commercial
  Property Developers


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    Spain
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Application Insights

The home entertainment segment is estimated to witness significant growth during the forecast period.

The market is a dynamic and evolving landscape, with home automation systems and IoT devices increasingly becoming the norm. According to recent market research, the home entertainment segment holds the largest market share, accounting for over 40% of the market. This dominance is attributed to the widespread adoption of voice assistants or smart speakers, such as Google Home and Amazon Echo, which have revolutionized voice user interfaces. These devices offer a user-friendly, hands-free experience, enabling users to control various smart home applications, including HVAC control, energy management systems, and lighting, with just a voice command.

Additionally, smart speakers are equipped with open APIs, automated scheduling, and wireless communication protocols like Bluetooth and Wi-Fi technology, ensuring seamless integration with cloud computing platforms and mobile apps. The market is further characterized by ongoing activities, such as device interoperability, data encryption, and sensor networks, which contribute to energy efficiency metrics and home security. With the increasing focus on cybersecurity protocols, smart locks, home security cameras, and geofencing technology, the market is expected to continue its growth trajectory.

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The Home entertainment segment was valued at USD 19.70 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

North America is estimated to contribute 36% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American region dominates The market, accounting for the largest share due to the growing consumer preference for home automation. With increasing disposable income, homeowners in North America are embracing luxurious lifestyles, leading to a significant increase in the adoption of smart home systems. By the end of 2022, smart home penetration in North America reached 35.9%, and this trend is expected to continue.

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