The revenue of real estate companies worldwide was valued at 4.34 trillion U.S. dollars in 2023. That was a decline from 2019, when the market peaked at 5.04 trillion U.S. dollars. According to the source, the commercial real estate market includes management and advisory services, commercial and residential leasing, capital market, and other services.
Size of the global commercial real estate market from 2010 to 2023
(in trillion U.S. dollars)
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IBISWorld. (September 30, 2023). Size of the global commercial real estate market from 2010 to 2023 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1289905/global-real-estate-market-size/
IBISWorld. "Size of the global commercial real estate market from 2010 to 2023 (in trillion U.S. dollars)." Chart. September 30, 2023. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1289905/global-real-estate-market-size/
IBISWorld. (2023). Size of the global commercial real estate market from 2010 to 2023 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1289905/global-real-estate-market-size/
IBISWorld. "Size of The Global Commercial Real Estate Market from 2010 to 2023 (in Trillion U.S. Dollars)." Statista, Statista Inc., 30 Sep 2023, https://www.statista.com/statistics/1289905/global-real-estate-market-size/
IBISWorld, Size of the global commercial real estate market from 2010 to 2023 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1289905/global-real-estate-market-size/ (last visited October 06, 2024)
Size of the global commercial real estate market from 2010 to 2023 (in trillion U.S. dollars) [Graph], IBISWorld, September 30, 2023. [Online]. Available: https://www.statista.com/statistics/1289905/global-real-estate-market-size/