The median rent for one- and two-bedroom apartments in New York City, NY, exceeded 2,328 U.S. dollars at the beginning of 2025. Rents soared during the COVID-19 pandemic rising by over 32 percent in December 2021. Rental growth slowed in the following three years but remained positive. In January 2025, rents increased by 3.9 percent year-on-year.Among the different states in the U.S., New York ranks as one of the most expensive rental markets.

The number of existing residential real estate leases in the United States was modeled to stand at 47.05 million in 2024. Between 2017 and 2024, the volume rose by 440,000, though the increase followed an uneven trajectory rather than a consistent upward trend. The volume will steadily rise by 920,000 over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Residential Real Estate Leases.

Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.

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Vacation Rental Market Size 2025-2029

The vacation rental market size is valued to increase USD 22 billion, at a CAGR of 4.1% from 2024 to 2029. Growing tourism industry and increasing popularity of short-term vacation rental properties will drive the vacation rental market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 32% growth during the forecast period.
By Management - Managed by owners segment was valued at USD 48.50 billion in 2023
By Method - Offline segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 68.07 billion
Market Future Opportunities: USD 22.00 billion
CAGR : 4.1%
Europe: Largest market in 2023

Market Summary

The market encompasses the provision of short-term stays in residential properties, including houses, apartments, and homestays. This market is experiencing significant growth due to the expanding tourism industry and the increasing popularity of flexible accommodation options. According to recent data, the vacation rental sector is projected to account for over 20% of the global accommodations market share by 2025. Core technologies, such as instant booking features and digital payment systems, are revolutionizing the vacation rental industry, making it more accessible and convenient for travelers.
However, challenges persist, including the risks associated with fraudulent listings and the need for robust regulatory frameworks to ensure consumer protection. As the market continues to evolve, it presents numerous opportunities for innovation, particularly in the areas of personalized services and sustainable tourism practices.

What will be the Size of the Vacation Rental Market during the forecast period?

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How is the Vacation Rental Market Segmented and what are the key trends of market segmentation?

The vacation rental 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.

Management

  Managed by owners
  Professionally managed


Method

  Offline
  Online


Type

  Home
  Apartments
  Resort/Condominium
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Management Insights

The managed by owners segment is estimated to witness significant growth during the forecast period.

The markets witness significant trends shaping their operations and growth. Automated check-in and check-out systems streamline the guest experience, reducing manual labor and increasing efficiency. Social media marketing plays a crucial role in attracting and engaging potential renters, with 55% of travelers using social media to plan their trips. Legal compliance requirements are essential for vacation rental businesses, with occupancy rate optimization and access control systems ensuring adherence to regulations. Property valuation methods and smart home technology enhance the value proposition for renters, while energy management systems contribute to cost savings and sustainability. Keyless entry systems and guest review management tools facilitate seamless communication and improve the guest experience.

Customer service automation, cleaning service scheduling, revenue management strategies, and property management software enable owners to optimize their operations and maximize revenue. Rental agreement templates, digital marketing strategies, online booking systems, maintenance request systems, booking calendar software, dynamic pricing models, and channel management platforms are essential tools for vacation rental businesses. Guest experience platforms, yield management techniques, rental income projections, search engine optimization, payment gateway integration, tax calculation software, guest data analytics, customer relationship management, fraud prevention measures, accounting software integration, housekeeping management systems, guest communication tools, pricing optimization algorithms, insurance policy management, security system integration, and performance tracking metrics are all integral components of the evolving the market.

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The Managed by owners segment was valued at USD 48.50 billion in 2019 and showed a gradual increase during the forecast period.

Industry growth is expected to be robust, with 32% of travelers expressing interest in vacation rentals as an alternative to hotels. Additionally, the adoption of technology in vacation rental businesses is projected to increase by 37% in the next five years (Source: Market Research). These trends underscore the import

The Construction Equipment Rental Report is Segmented by Equipment Type (Earthmoving Equipment (Backhoe Loaders and More), and More), Drive Type (IC Engine and More), Application (Residential Construction and More), Rental Channel (Offline and Online), Service Type (Short-Term Rental, and More), and Geography (North America and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

The global short-term rental market size was more than USD 140.08 billion in 2025 and is anticipated to witness a CAGR of around 11.3%, crossing USD 408.63 billion revenue by 2035, attributed to the effective role of artificial intelligence (AI) and machine learning (ML) in short-term rental platforms.

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Online Clothing Rental Market Size 2025-2029

The online clothing rental market size is forecast to increase by USD 1.16 billion, at a CAGR of 7.1% between 2024 and 2029.

The market is experiencing significant growth, driven by the expanding e-commerce in retails and fashion industry and the increasing trend towards experiential marketing. Consumers are increasingly turning to rental services for access to a wider variety of clothing options, reducing the need for excessive wardrobe investments. However, the market faces challenges in implementing effective inventory management systems to meet the demands of a growing customer base. Regulatory hurdles, such as licensing and taxation, also impact adoption in certain regions. Supply chain inconsistencies, including issues with product quality and delivery times, can temper growth potential.
To capitalize on market opportunities and navigate these challenges, companies must invest in advanced technology solutions for inventory management and logistics, as well as establish strategic partnerships to overcome regulatory obstacles. By addressing these challenges and leveraging the growing demand for flexible and sustainable fashion solutions, players in the market can position themselves for long-term success.

What will be the Size of the Online Clothing Rental Market during the forecast period?

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The market continues to evolve, with subscription services emerging as a popular trend. This business model allows consumers to rent occasion wear and apparel for various events and everyday use, offering flexibility and affordability. Sustainable fabric fashion is another key driver in the market, as consumers seek out rental platforms that prioritize ethical sourcing and the use of recycled materials. Styling services have also gained traction in the market, providing customers with personalized recommendations based on their preferences and body type. Customer support and inventory management are essential components of a successful rental experience, ensuring a seamless and enjoyable process for renters.

Fashion inspiration and virtual try-on features are becoming increasingly important in the market, as consumers seek out platforms that offer a more interactive and engaging rental experience. Event wear and formal wear are popular categories, with many platforms partnering with fast fashion influencers and bloggers to showcase their offerings. Customer loyalty programs and flexible rental periods are also key differentiators in the market, as fashion-conscious consumers look for value and convenience. Rental plans cater to various budgets and preferences, with options for seasonal collections, designer clothing, and eco-friendly fabrics. Security measures and cleanliness and hygiene are critical considerations for consumers, with many platforms implementing rigorous processes to ensure the quality and safety of their inventory.

Data analytics and social media marketing are essential tools for fashion rental platforms, allowing them to target specific customer segments and stay informed about fashion trends. Logistics and delivery, as well as returns policies and free shipping, are also important factors in the rental experience. Quality control and size inclusivity are essential for maintaining customer satisfaction and loyalty. The market for fashion rental services is diverse, with offerings ranging from casual wear to luxury fashion. AI-powered recommendations and style guides help customers navigate the vast selection of clothing and make informed choices. The circular economy is a growing trend in the industry, with many platforms prioritizing sustainability and reducing waste.

Data privacy and personal style are also important considerations for consumers, with many platforms offering customized recommendations and allowing users to curate their own wardrobes. Fashion trends and brand partnerships are key drivers in the market, with many platforms collaborating with designers and influencers to offer exclusive collections and experiences. In conclusion, the market is a dynamic and evolving industry, with a focus on sustainability, convenience, and personalization. From occasion wear to casual clothing, rental platforms are providing consumers with a wide range of options and features to meet their fashion needs. With a commitment to ethical sourcing, customer support, and data analytics, these platforms are poised to continue disrupting the traditional retail industry and shaping the future of fashion.

How is this Online Clothing Rental Industry segmented?

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

End-user

  Women
  Men
  Children


Type

  Formal
  Casual
  T

What is Rental Data?

Rental data encompasses detailed information about residential rental properties, including single-family homes, multifamily units, and large apartment complexes. This data often includes key metrics such as rental prices, occupancy rates, property amenities, and detailed property descriptions. Advanced rental datasets integrate listings directly sourced from property management software systems, ensuring real-time accuracy and eliminating reliance on outdated or scraped information.

Additional Rental Data Details

The rental data is sourced from over 20,000 property managers via direct feeds and property management platforms, covering over 30 percent of the national rental housing market for diverse and broad representation. Real-time updates ensure data remains current, while verified listings enhance accuracy, avoiding errors typical of survey-based or scraped datasets. The dataset includes 14+ million rental units with detailed descriptions, rich photography, and amenities, offering address-level granularity for precise market analysis. Its extensive coverage of small multifamily and single-family rentals sets it apart from competitors focused on premium multifamily properties.

Rental Data Includes:

• Property Types
• Single-Family Rentals
• Small Multi-family Units
• Premium Apartments
• 16,000+ ZIP Codes
• 800+ MSAs
• Pricing Trends
• Lease Terms Amenities

The Electric Car Rental Market Report is Segmented by Vehicle Type (Battery Electric, PHEV, and More), Body Style (Hatchback, Sedan, and More), Customer Type (Leisure/Tourism, and More), Booking Channel (Online and Offline), Rental Duration (Short-Term and More), Price Tier (Budget/Economy and More), End-Use Purpose (Local Commute, and More) and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Furniture Rental Market size is expected to be worth around USD 104.8 Billion by 2034, from USD 52.3 Billion in 2024, at a CAGR of 7.2%.

The Report Covers Europe Van Rental Market Size and It is Segmented by Application Type (Leisure/Tourism and Business), Booking Type (Offline and Online), Rental Duration (Short-Term and Long-Term), and Geography (Germany, United Kingdom, France, Spain, Italy, Belgium, Netherlands, Austria, Ireland, Luxembourg, and Rest of Europe). The Report Offers the Market Size and Forecast in Value (USD) for all the Above Segments.

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Residential Real Estate Market Size 2025-2029

The residential real estate market size is valued to increase USD 485.2 billion, at a CAGR of 4.5% from 2024 to 2029. Growing residential sector globally will drive the residential real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 55% growth during the forecast period.
By Mode Of Booking - Sales segment was valued at USD 926.50 billion in 2023
By Type - Apartments and condominiums segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 41.01 billion
Market Future Opportunities: USD 485.20 billion
CAGR : 4.5%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and ever-evolving sector that continues to shape the global economy. With increasing marketing initiatives and the growing residential sector globally, the market presents significant opportunities for growth. However, regulatory uncertainty looms large, posing challenges for stakeholders. According to recent reports, technology adoption in residential real estate has surged, with virtual tours and digital listings becoming increasingly popular. In fact, over 40% of homebuyers in the US prefer virtual property viewings. Core technologies such as artificial intelligence and blockchain are revolutionizing the industry, offering enhanced customer experiences and streamlined processes.
Despite these advancements, regulatory compliance remains a major concern, with varying regulations across regions adding complexity to market operations. The market is a complex and intriguing space, with ongoing activities and evolving patterns shaping its future trajectory.

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

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How is the Residential Real Estate Market Segmented and what are the key trends of market segmentation?

The residential 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.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

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

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The Sales segment was valued at USD 926.50 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

APAC is estimated to contribute 55% 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 market in the Asia Pacific (APAC) region holds a significant share and is projected to lead the global market growth. Factors fueling this expansion include the region's rapid urbanization and increasing consumer spending power. Notably, residential and commercial projects in countries like India and China are experiencing robust development. The residential real estate sector in China plays a pivotal role in the economy and serves as a major growth driver for the market.

With these trends continuing, the APAC the market is poised for continued expansion during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

In the Residential Real Estate Market, understanding the impact property tax rates home values and effect interest rates mortgage affordability is essential for buyers and investors. Key factors affecting home price appreciation and factors influencing housing affordability shape market trends, while the importance property due diligence process and requirements environmental site assessment ensure informed decisions. Investors benefit from methods calculating rental property roi, process home equity loan application, and benefits real estate portfolio diversification. Tools like property management software efficiency and techniques effective property marketing help tackle challenges managing rental properties. Additionally, strategies successf

The Index of Private Housing Rental Prices (IPHRP) is a quarterly experimental price index. It tracks the prices paid for renting property from private landlords in Great Britain. Source agency: Office for National Statistics Designation: Experimental Official Statistics Language: English Alternative title: IPHRP

The Forklift Rental Market Report is Segmented by Load Capacity (Less Than 3. 5 T, 3. 6 To 10 T, and More), Rental Duration (Short-Term and Long-term/Contract), Power Source (Electric, Internal Combustion, and More), Truck Class (Class I – Electric Rider, Class II – Narrow-Aisle, and More), End-Use Industry (Warehousing and Logistics, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global Real Estate Rental market size 2025 was XX Million. Real Estate Rental Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

GCC Furniture Rental Market is estimated to grow at a CAGR of around 7.35% during the forecast period 2024-30, due to the significant construction of hotels, multi-cuisine restaurants, resorts, etc.

Prop Rental Market Outlook

The global prop rental market size was valued at approximately $4.5 billion in 2023 and is expected to reach around $7.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% during the forecast period. This growth is primarily driven by the increasing demand for customized and themed events, the expanding film and TV industry, and the growing trend of personalized events which require unique props to enhance the aesthetic appeal.

The prop rental market is witnessing significant growth due to an uptick in the number of events, such as corporate gatherings, weddings, and themed parties. The modern consumer's inclination towards creating memorable experiences has led to a heightened demand for unique and thematic props. Additionally, the resurgence of the entertainment industry post-pandemic has fueled demand for film, TV, and theatrical props. The increasing number of content creators and production companies has directly influenced the need for diverse and unique props to create compelling visuals.

Another critical growth factor is the cost-effectiveness of renting props compared to purchasing them. For businesses and individuals alike, renting provides an economical solution to access high-quality and specialized props without the need for significant capital investment. This is particularly beneficial for one-time events or short-term projects where the purchase of props would not be financially viable. The flexibility offered by rental services, allowing clients to choose from a wide range of props and customize their selections, also adds to the market's growth dynamics.

Technological advancements in prop design and production have also contributed to market expansion. The advent of 3D printing and other innovative manufacturing techniques has enabled the creation of intricate and customizable props that were previously difficult or expensive to produce. These advancements have not only broadened the scope of available props but also allowed rental companies to offer more personalized and unique items, thereby attracting a wider clientele.

Event Equipment Rental plays a pivotal role in the prop rental market, particularly as the demand for diverse and specialized equipment continues to rise. This segment caters to a wide range of events, from corporate functions to private celebrations, providing essential tools and equipment that enhance the overall experience. Companies offering event equipment rental services are capitalizing on the trend of personalized and themed events, where clients seek not only unique props but also the necessary equipment to bring their visions to life. This includes everything from lighting and sound systems to staging and seating arrangements, ensuring that each event is executed flawlessly and leaves a lasting impression on attendees.

Regionally, North America holds a significant share of the prop rental market, driven by the presence of major film and TV production hubs like Hollywood and New York. The Asia Pacific region, however, is expected to witness the fastest growth during the forecast period due to the booming entertainment industry and the increasing number of events and corporate functions in countries like China and India. Europe also remains a strong market due to its rich tradition in theater and well-established film industry, particularly in the United Kingdom and France.

Type Analysis

The prop rental market by type is categorized into Event Props, Film and TV Props, Theatrical Props, Themed Props, and Others. Event props are in high demand due to the proliferation of corporate and private events. Companies and individuals are continually seeking innovative and eye-catching props to make their events stand out. This category includes items specifically designed for weddings, corporate gatherings, themed parties, and more. The growing trend of unique and personalized events has significantly driven the demand for event props, making this a lucrative segment.

Film and TV props constitute a substantial portion of the market due to the constant need for new and unique items to create engaging and realistic content. The global expansion of streaming services has led to an increase in the production of films and television series, thereby boosting the demand for props. These props range from everyday household items to highly specialized and custom-designed pieces essential for specific genres and scenes.

Online Clothing Rental Market size was valued at USD 1.71 Billion in 2024 and is projected to reach USD 3.43 Billion by 2032, growing at a CAGR of 9.97% from 2026 to 2032.Global Online Clothing Rental Market DriversThe Online Clothing Rental Market is experiencing rapid expansion, fueled by a convergence of consumer behavioral shifts, technological advancements, and supportive market structures. As consumers increasingly prioritize flexible, affordable, and conscious consumption, several key drivers stand out for their role in accelerating the industry's growth and reshaping the future of retail fashion.Rising Demand for Sustainable Fashion: The most powerful catalyst for the market is the growing consumer commitment to sustainable fashion and the circular economy. Shoppers are actively seeking ways to lessen the significant environmental impact of the fast fashion industry, which involves massive textile waste and resource depletion. A clear indication of this ethical shift is the June 2023 survey finding that 72% of customers reported they would choose to rent apparel specifically to mitigate their environmental footprint.

The US Office Real Estate Market Report is Segmented by Building Grade (Grade A, Grade B, and More), by Transaction Type (Rental and Sales), by End Use (Information Technology (IT & ITES), BFSI (Banking, Financial Services and Insurance), and More) and by States (Texas, California, Florida and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Mobile Phone Rental Market size was valued at USD 64.2 Billion in 2023 and is projected to reach USD 124.82 Billion by 2031, growing at a CAGR of 16.26% during the forecast period 2024-2031.

Global Mobile Phone Rental Market Drivers

The market drivers for the Mobile Phone Rental Market can be influenced by various factors. These may include:

Increasing Demand For Flexible Solutions: The Mobile Phone Rental Market is gaining traction due to a growing consumer preference for flexible and cost-effective solutions. As individuals and businesses seek to minimize upfront costs associated with purchasing devices, rentals provide a viable alternative. Advancements In Technology: Continuous advancements in mobile technology catalyze growth in the Mobile Phone Rental Market. As new models with cutting-edge features are introduced at a rapid pace, consumers often desire to use the latest devices without incurring significant expenses.