T
he global commercial real estate market is expected to grow by USD 427.3 billion from 2025-2029, with a CAGR of 4.6% during the forecast period. The growing commercial sector globally and increasing marketing initiatives are driving market growth. However, the rise of remote work and online shopping poses a challenge.
Key players in the market include Atlas Technical Consultants, Brookfield Business Partners LP, CBRE Group Inc., Dalian Wanda Group, Keller Williams Realty Inc., Link Asset Management Ltd., Marcus and Millichap Real Estate Investment Services Inc., Prologis Inc., Segro Plc, and WeWork Inc. Technavio's latest report provides key insights into market evolution with AI-powered analysis.
The commercial real estate market is witnessing significant trends in various sectors, including retail and hospitality, driven by the Smart Cities Mission and GST. Boutique businesses and start-ups prefer co-working spaces and flex centers, while technology development is transforming commercial real estate through virtual property tours, artificial intelligence, and virtual reality.
Developers are leveraging data analytics to offer customized solutions to tenants, and the vaccine campaign and stable economic environment are boosting confidence among business owners, leading to increased lease signings for offices, industrial, and multifamily properties. The e-commerce and manufacturing sectors continue to expand, requiring more industrial and logistics spaces.
