Construction and Real Estate Markets Poised for Growth Amid Challenges

US Residential Construction Market to grow by USD 242.9 Million (2025-2029), driven by rising household formation rates, Report with the AI impact on market trends - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 2, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The residential construction market in US size is estimated to grow by USD 242.9 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.5% during the forecast period. Increasing household formation rates is driving market growth, with a trend towards rising focus on sustainability in residential construction projects. However, skilled labor shortages for large-scale residential real estate projects poses a challenge. Key market players include Alliance Residential Co., ATCO Ltd, BEAZER HOMES USA INC., D. R. Hortons Inc., DRB Homes., Greystar Worldwide LLC, Hensel Phelps, HOCHTIEF AG, Hovnanian Enterprises, KAUFMAN and BROAD, Kiewit Corp., Lennar Corp., MI Homes Inc., Meritage Homes Corp., Mill Creek Residential, NVR Inc., and Pultegroup Inc.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Forecast period 2025-2029 Base Year 2024 Historic Data 2019 - 2022 Segment Covered Product (Apartments and condominiums, Villas, and Other types), Type (New construction and Renovation), Application (Single family and Multi-family), and Geography (North America) Region Covered US Key companies profiled Alliance Residential Co., ATCO Ltd, BEAZER HOMES USA INC., D. R. Hortons Inc., DRB Homes., Greystar Worldwide LLC, Hensel Phelps, HOCHTIEF AG, Hovnanian Enterprises, KAUFMAN and BROAD, Kiewit Corp., Lennar Corp., MI Homes Inc., Meritage Homes Corp., Mill Creek Residential, NVR Inc., and Pultegroup Inc. Key Market Trends Fueling Growth The US residential construction market is currently experiencing an affordable housing trend, driven by the need for more affordable options for home buyers. The Federal Reserve's decision to keep the federal funds rate low has helped keep mortgage rates down, making it easier for buyers to secure loans. However, housing supply remains a challenge, with industry spending on home construction activity increasing in nominal terms but still not keeping up with demand. The economy, labor market, and inflation are key factors impacting the residential investment sector. The Federal Reserve's interest rate decisions, the possibility of a recession, and the construction sectors' spending patterns are all closely watched indicators. The cancellation rate for housing starts and building permits for single-family homes has been relatively low, indicating strong demand for new homes. Millennials, who make up a significant portion of home buyers, are driving the market, with many looking to purchase their first homes. Fair housing programs and HUD programs are essential to ensuring equal access to housing for all individuals. The ongoing epidemic and the shift to remote employment and migrant movements have also influenced the real estate market. The median price of single-family homes has seen double-digit growth in some areas, making it challenging for some buyers to afford homes. Mortgage rates, down payments, asset values, and borrowing rates are all important considerations for home buyers. Regulations, such as lending guidelines, mortgage insurance, credit score requirements, and debt service caps, also impact eligibility for mortgages. The vaccination rates and labor economy are crucial indicators for the housing market's future. The social catastrophe caused by the pandemic has highlighted the importance of intergenerational living circumstances and the need for affordable housing options for younger generations. The non-residential sector's performance also affects the residential sector, as it impacts employment and income levels. The Canadian real estate market, with its close ties to the US market, is also worth monitoring, with Canadian home buyers looking at mortgage rates and the Bank of Canada's borrowing rates. Bond yields and lending guidelines are also essential indicators for the housing market. The residential construction market in the US is witnessing a significant shift towards sustainability. Homeowners are increasingly demanding energy-efficient and eco-friendly homes, leading to the adoption of green building practices and technologies. Solar panels, energy-efficient insulation, and sustainable materials are becoming popular choices. Government initiatives, including tax credits and rebates, are also encouraging the use of green technologies and practices. This trend is expected to continue, as consumers become more conscious of the environmental impact of traditional construction methods. The residential construction industry is responding by offering more sustainable solutions to meet the growing demand. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The residential construction market in the US is currently facing several challenges. The affordable housing trend puts pressure on builders to construct more homes at lower prices. The Federal Reserve's federal funds rate and mortgage rates impact borrowing costs for home buyers. Housing supply struggles to keep up with demand due to the economy and residential investment. The labor market, inflation, and recession also affect construction sectors' spending in nominal terms. Construction spending saw double-digit growth but was hindered by cancelation rates and a decrease in housing starts and building permits for single-family homes. Home buyers face challenges with fair housing programs and HUD programs due to the epidemic, millennials' savings, and previous generations' asset values. Remote employment and migrant movements contribute to changing living circumstances for younger generations. The real estate market experiences a purchasing frenzy, driving up median home prices. Canadian home buyers and mortgage rates influence the industry, with the Bank of Canada setting borrowing rates and lending guidelines. Mortgage insurance, credit score requirements, and debt service caps impact eligibility, while mortgage stress tests ensure affordability. Fixed-mortgage rates and bond yields play a role in borrowing and home construction activity. Vaccination rates and the labor economy's recovery are crucial for a social catastrophe recovery. The non-residential sector's spending also affects the residential sector. Individuals living together in homes in Mexico and national statistics office data provide context for the global housing market. Single-family home sales and median prices continue to be closely monitored.The US residential construction market confronts a pressing issue: a labor shortage of skilled workers. This predicament significantly impacts large-scale residential real estate projects, causing delays, elevated costs, and compromised quality. The labor shortage stems from multiple sources, including an aging workforce, inadequate training programs, and the ongoing impact of the COVID-19 pandemic, which intensified workforce departures. In 2023, the construction sector required approximately 723,000 new workers yearly to fulfill market requirements. However, the labor pool has not grown commensurately, resulting in project setbacks and heightened labor expenses. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This residential construction market in US report extensively covers market segmentation by ProductApartments And CondominiumsVillasOther TypesTypeNew ConstructionRenovationApplicationSingle FamilyMulti-familyGeographyNorth America 1.1 Apartments and condominiums- The residential construction market in the US is experiencing significant growth in the apartment and condominium segment. These multi-unit structures share similarities, but differ in ownership structure. Apartments are typically owned by a single entity, often a property management company, while condominiums consist of individually owned units within a larger complex. Both types of developments cater to changing preferences and lifestyle choices in the US, particularly the increasing trend towards urbanization. Notable drivers for growth include the convenience and amenities associated with urban living, leading to the construction of modern, sustainable, and community-oriented high-rise buildings. In tech-driven cities like San Francisco and Seattle, developers are constructing condominiums with smart home features, communal workspaces, and recreational facilities to cater to young professionals. Successful projects, such as the Hudson Yards development in New York City, encompass both residential and commercial spaces and reflect the evolving expectations of urban dwellers. These factors will fuel the growth of the residential construction market in the US during the forecast period. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 - 2022) Research Analysis The Residential Construction Market in the US is experiencing a significant trend towards Affordable Housing, with a focus on providing housing solutions for low-income families. The Federal Funds Rate and Mortgage Rates have a direct impact on the market, with higher rates making it more expensive for home buyers to secure financing. The economy, Residential Investment, and Labor Market are also crucial factors, with a strong economy leading to increased demand for new homes. Housing Supply remains a challenge, as the construction sector struggles to keep up with demand, leading to concerns about Double-digit growth in Housing Starts and Building Permits. The Federal Reserve's Interest Rates and the potential for a Recession also loom large, as they can impact both the supply and demand sides of the market. The Cancelation Rate for new home sales is another area of concern, as it can indicate buyer uncertainty or market instability. The construction of Single-Family Homes and New Homes continues to be a focus, with Home Buyers looking for affordable and quality options. Federal programs such as Housing Choice Vouchers, Fair Housing programs, and HUD programs play a vital role in ensuring access to affordable housing for all. Market Research Overview The residential construction market in the US is currently experiencing a trend towards affordable housing, driven by increasing demand from millennials and individuals living together in response to changing economic circumstances. The Federal Reserve's federal funds rate and mortgage rates play a significant role in the market, with the former influencing borrowing rates and the latter impacting home affordability. The economy, housing supply, and labor market are also key factors. The economy's recovery from the epidemic and the Federal Reserve's monetary policy decisions will influence residential investment and construction spending. The labor market's health will impact construction activity, while inflation and interest rates can affect affordability and borrowing. The housing market has seen in demand, leading to double-digit growth in housing starts and building permits for single-family homes and new homes. Home buyers are facing challenges with fair housing programs and HUD programs, as well as high asset values and down payment requirements. The industry is also dealing with cancelation rates, borrowing rates, and home construction activity, which can be influenced by vaccination rates, the labor economy, and social catastrophes. The intergenerational group's living circumstances and purchasing frenzy have led to increased industry spending on home supplies and borrowing. The non-residential sector has also seen significant activity, with individuals and families seeking to work and live remotely, leading to migration movements and changes in the real estate market. The Canadian real estate market and mortgage rates are also impacting the US market, with inflation rates and borrowing guidelines affecting affordability. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation ProductApartments And CondominiumsVillasOther TypesTypeNew ConstructionRenovationApplicationSingle FamilyMulti-familyGeographyNorth America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/us-residential-construction-market-to-grow-by-usd-242-9-million-2025-2029-driven-by-rising-household-formation-rates-report-with-the-ai-impact-on-market-trends---technavio-302365523.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Construction Market to grow by USD 1.18 Trillion from 2024-2028, Driven by Residential and Commercial Infrastructure Projects, AI Driving Market Transformation - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 3, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global construction market size is estimated to grow by USD 1.18 trillion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.3% during the forecast period. Increase in residential and commercial infrastructure projects is driving market growth, with a trend towards integration of AI in construction sector. However, high cost of construction machinery poses a challenge. Key market players include ACS Actividades de Construccion Y Servicios SA, AECOM, BAUER AG, Bechtel Corp., Bouygues Construction SA, China State Construction Engrg. Corp. Ltd., Clark Construction Group LLC, Etex NV, Fluor Corp., Gilbane Inc., Hindustan Construction Co. Ltd, Jacobs Solutions Inc., Larsen and Toubro Ltd., Lendlease Corp. Ltd., M. A. Mortenson Co., McCarthy Building Companies Inc., PCL Constructors Inc., Shimizu Corp., Skanska AB, Turner Construction Co., and Vinci. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Construction Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 5.3% Market growth 2024-2028 USD 1179.2 billion Market structure Fragmented YoY growth 2022-2023 (%) 4.9 Regional analysis APAC, Europe, North America, Middle East and Africa, and South America Performing market contribution APAC at 48% Key countries China, US, Germany, India, Japan, France, Brazil, Canada, South Korea, and UK Key companies profiled ACS Actividades de Construccion Y Servicios SA, AECOM, BAUER AG, Bechtel Corp., Bouygues Construction SA, China State Construction Engrg. Corp. Ltd., Clark Construction Group LLC, Etex NV, Fluor Corp., Gilbane Inc., Hindustan Construction Co. Ltd, Jacobs Solutions Inc., Larsen and Toubro Ltd., Lendlease Corp. Ltd., M. A. Mortenson Co., McCarthy Building Companies Inc., PCL Constructors Inc., Shimizu Corp., Skanska AB, Turner Construction Co., and Vinci Market Driver The construction market is thriving with trends in building frameworks using efficient models and designs. Securing permissions and site preparation are crucial initial steps. Excavation and framing follow, with utilities installation, interior and exterior work. Raw resources like clay, stone, timber, brick, concrete, metals, and plastics are essential. Notable projects include houses, commercial buildings, roads, dams, airports, and public facilities. Infrastructure development includes smart cities, schools, healthcare centers, tourism, retail activities, and economic development. Sustainability regulations and innovative technologies, such as 3D printing, are driving the industry forward. Civil engineering plays a significant role in constructing bridges, buildings, and infrastructural properties. Climate change and IT and telecommunications are influencing product offerings. Laborers are essential, and maintenance is ongoing. Infrastructure projects include housing, office spaces, and cold storage facilities. Infrastructure and structures are interconnected, with efficient infrastructure crucial for economic growth. The global construction industry is undergoing a major shift with the integration of Artificial Intelligence (AI) technologies. This trend is fueled by the requirement for increased efficiency, better decision-making, and streamlined project management. Mytek's introduction of an AI-based platform in April 2024 is a prime example of this transformation. This innovative technology assists contractors in delivering infrastructure projects more effectively. It optimizes processes, enhances resource allocation, and improves risk management. Furthermore, it boosts efficiency and facilitates improved communication with stakeholders. By leveraging AI capabilities, the platform is poised to revolutionize the construction industry, leading to more successful project completions. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The construction market faces various challenges in building frameworks and models for diverse projects, including housing, commercial buildings, and infrastructure. Securing permits and site preparation are initial hurdles. Excavation and framing follow, with the installation of utilities, interior and exterior work, and garden sheds. Projects like airports, dams, public facilities, and efficient infrastructure require specialized planning. Climate change and IT and telecommunications necessitate innovative technologies like 3D printing and sustainability regulations. Raw resources, such as clay, stone, timber, brick, concrete, metals, and plastics, must be sourced efficiently. Civil engineering projects like roads, bridges, and dams require skilled laborers and maintenance. Infrastructural properties like residential complexes, commercial complexes, and infrastructural properties offer diverse product offerings. Challenges include complying with climate change regulations, integrating smart cities, and catering to tourism, retail activities, economic development, and healthcare centers. Efficient infrastructure and cold storage solutions are essential for various industries.The global construction market encounters a substantial challenge due to the high expenses associated with acquiring construction machinery. This issue significantly affects project budgets, timelines, and overall profitability, making it a major concern for industry players. Machinery costs vary significantly based on equipment size and type. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This construction market report extensively covers market segmentation by TypeBuildings ConstructionHeavy And Civil Engineering ConstructionLand Planning And DevelopmentSpecialty Trade ContractorsEnd-userPrivate SectorPublic SectorGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth America 1.1 Buildings construction- The global construction market is divided into various sectors, with building construction being a major and continually evolving segment. This segment includes residential, commercial, and multifamily buildings, each contributing significantly to the market's expansion. For instance, in July 2022, Ivanhoe Cambridge and Hines formed a strategic joint venture to create, manage, and operate top-notch multifamily buildings in Sao Paulo, Brazil. With an investment capacity of approximately USD750 million in equity, this venture aims to deliver superior amenities and international-standard products and services, addressing a crucial need for purpose-built rental projects in the market. In October 2024, DLF, a renowned Indian real estate developer, introduced several new construction projects, illustrating the versatility of building construction. The building construction sector is fueled by factors such as urbanization, population growth, and the increasing requirement for modern infrastructure. Residential construction is particularly influenced by the burgeoning demand for housing, driven by demographic shifts and economic expansion. Multifamily buildings, like those developed by Ivanhoe Cambridge and Hines, cater to the growing trend of rental properties in urban areas, offering convenience and superior living standards. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The construction industry involves the building and creation of various structures, from houses and commercial buildings to infrastructure projects like roads, dams, and smart cities. The process begins with design and planning, securing necessary permissions, and site preparation. Raw resources, such as construction materials, play a crucial role in bringing the building project to life. The economy significantly impacts the industry, with fluctuations influencing the pace of construction activities. Infrastructure development is a major focus, including the creation of roads, bridges, and other essential infrastructure. Sustainability and worker safety regulations are increasingly important, driving the adoption of innovative technologies and eco-friendly construction materials. The industry caters to various sectors, including the hospitality, retail, and leisure sectors, and the demand for cold storage facilities continues to grow. Maintenance and upkeep are essential to ensure the longevity of structures and infrastructure. Market Research Overview The construction industry involves the building and infrastructure sector, encompassing a wide range of projects from residential houses to commercial buildings, roads, bridges, airports, dams, public facilities, and more. The process begins with planning and securing necessary permissions, followed by site preparation, excavation, framing, installing utilities, interior and exterior work, and maintenance. Raw resources such as clay, stone, timber, brick, concrete, metals, and plastics are transformed into structures through civil engineering and innovative technologies like 3D printing. Construction projects contribute significantly to economic development, providing employment opportunities for laborers and stimulating retail activities. Sustainability regulations and climate change concerns have led to the adoption of efficient infrastructure and innovative technologies. Infrastructural properties like dams and roads are essential for tourism and economic growth. The industry offers various product offerings, from housing complexes to commercial complexes, schools, healthcare centers, office spaces, and cold storage facilities. The construction market is diverse, with a focus on creating efficient, durable, and aesthetically pleasing structures that cater to the needs of society. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeBuildings ConstructionHeavy And Civil Engineering ConstructionLand Planning And DevelopmentSpecialty Trade ContractorsEnd-userPrivate SectorPublic SectorGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/construction-market-to-grow-by-usd-1-18-trillion-from-2024-2028--driven-by-residential-and-commercial-infrastructure-projects-ai-driving-market-transformation---technavio-302365985.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Commercial Real Estate Market to grow by USD 427.3 Billion (2025-2029), driven by global commercial sector growth, AI-powered market transformation - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Jan. 27, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global commercial real estate market size is estimated to grow by USD 427.3 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.6% during the forecast period. Growing commercial sector globally is driving market growth, with a trend towards increasing marketing initiatives. However, rising emphasis on remote work and online shopping poses a challenge. Key market players include Atlas Technical Consultants, Boston Commercial Properties Inc., Brookfield Business Partners LP, CBRE Group Inc., Dalian Wanda Group, DLF Ltd., Keller Williams Realty Inc., Lee and Associates Licensing and Administration Co. LP, Link Asset Management Ltd., Marcus and Millichap Real Estate Investment Services Inc., MaxWell Realty Canada, NAI , Nakheel PJSC, Onni Contracting Ltd., Prologis Inc., RAK PROPERTIES, Segro Plc, Shannon Waltchack, TCN Worldwide, and WeWork Inc. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Commercial Real Estate Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 4.6% Market growth 2025-2029 USD 427.3 billion Market structure Fragmented YoY growth 2022-2023 (%) 4.2 Regional analysis APAC, North America, Europe, South America, and Middle East and Africa Performing market contribution APAC at 42% Key countries Japan, US, China, India, Germany, UK, Canada, France, Brazil, and Italy Key companies profiled Atlas Technical Consultants, Boston Commercial Properties Inc., Brookfield Business Partners LP, CBRE Group Inc., Dalian Wanda Group, DLF Ltd., Keller Williams Realty Inc., Lee and Associates Licensing and Administration Co. LP, Link Asset Management Ltd., Marcus and Millichap Real Estate Investment Services Inc., MaxWell Realty Canada, NAI Global, Nakheel PJSC, Onni Contracting Ltd., Prologis Inc., RAK PROPERTIES, Segro Plc, Shannon Waltchack, TCN Worldwide, and WeWork Inc Market Driver Commercial real estate market is witnessing significant trends in various sectors. Retail and hospitality segments are thriving, with GST bringing uniformity and ease of doing business. Smart Cities Mission is driving demand for commercial spaces, especially in IT and engineering sectors. Boutique businesses and start-ups prefer co-working spaces and flex centers. Technology development, including virtual property tours, artificial intelligence, and virtual reality, is transforming commercial real estate. The vaccine campaign and stable economic environment are boosting confidence among business owners, leading to increased lease signings for offices, industrial, and multifamily properties. E-commerce and manufacturing sectors continue to expand, requiring more industrial and logistics spaces. Hospitality sector is adapting to future workplaces with innovative designs and amenities. Developers are leveraging data analytics to offer customized solutions to tenants. Overall, the commercial real estate market is evolving, offering exciting opportunities for businesses across industries. In the commercial real estate market, vendors employ an integrated marketing communication strategy to sell their products effectively. This approach utilizes various channels such as newspapers, magazines, social media, and TV advertisements. A creative campaign follows the advertisement, which includes Internet pre-roll, social media, and blogging programs, and an interactive website. Social media plays a crucial role, with visual content driving customer engagement and fostering online brand communities. Vendors also utilize Instagram to exhibit product usage ideas. This comprehensive strategy enhances brand authenticity and recognition, generating consumer interest in the company's offerings. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market ChallengesCommercial real estate market faces various challenges in sectors like retail and hospitality due to the impact of GST and the ongoing pandemic. Developers are focusing on Smart Cities Mission to attract businesses, particularly in IT, engineering, manufacturing, and e-commerce. Boutique businesses and start-ups prefer co-working spaces and flex centers. Technology development brings virtual property tours, artificial intelligence, and virtual reality. A stable economic environment is crucial for business owners leasing offices, industrial spaces, or multifamily properties. The vaccine campaign boosts confidence in the hospitality sector. Future workplaces will prioritize data analytics, technology integration, and flexible workspaces. The industrial and logistics segment benefits from the growth of e-commerce. Overall, the commercial real estate market requires agility and innovation to navigate these challenges.The commercial real estate market is undergoing significant shifts due to technological advancements and changing consumer behaviors. Online shopping's rise has decreased the demand for traditional retail spaces, leading to less foot traffic in physical stores. Similarly, remote work trends have impacted the need for office spaces. Businesses are now focusing on flexible office layouts and integrating technology like virtual reality to adapt. This transformation challenges conventional commercial real estate models, particularly traditional office spaces designed for in-person collaboration and set work hours. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This commercial real estate market report extensively covers market segmentation by End-user 1.1 Offices1.2 Retail1.3 Leisure1.4 OthersChannel 2.1 Rental2.2 Lease2.3 SalesGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa 1.1 Offices- The global commercial real estate market is experiencing a notable growth in the offices segment. This trend is driven by shifting work patterns and corporate demands. Flexible work arrangements, hybrid models, and increasing technological usage are influencing the need for office space. Businesses prioritize contemporary, adaptable, and tech-savvy workspaces to attract talent. Co-working spaces like Regus and WeWork, providing flexible office solutions, are prominent examples. Major corporations, such as Google and Amazon, invest in innovative office layouts to foster teamwork and employee satisfaction. The offices end-user segment is projected to expand from 2024 to 2028, reflecting the evolving workspaces to meet modern business practices. This progress presents opportunities and challenges for the global commercial real estate market, leading to moderate growth during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The commercial real estate market is experiencing a significant transformation, driven by various factors. Retail and hospitality sectors are adapting to the new normal with contactless transactions and virtual experiences, thanks to technology development and the integration of Artificial Intelligence. The GST implementation has streamlined taxation, making transactions smarter and more efficient. Smart City initiatives are revolutionizing commercial real estate, with a focus on sustainable, tech-driven spaces. IT and Boutique businesses are thriving in this environment, leveraging virtual property tours to expand their reach. Lease negotiations are becoming more flexible, with Sel negotiating favorable terms for business owners. Office spaces are evolving, with conventional offices giving way to coworking spaces and flexible work arrangements. The Industrial and Logistics sector is booming, driven by the need for efficient supply chain solutions. The Real Estate Consultancy industry is providing valuable insights to navigate this dynamic market. The Smart Cities Mission is shaping the future of commercial real estate, with a focus on sustainable, tech-driven infrastructure. Multifamily properties are also benefiting from these trends, with a growing demand for smart, connected living spaces. Overall, the commercial real estate market is undergoing a digital transformation, offering exciting opportunities for innovation and growth. Market Research Overview Commercial real estate markets are experiencing a significant transformation, driven by various factors. The retail and hospitality sectors are adapting to the new normal with the implementation of GST and the rise of e-commerce. The Smart Cities Mission is boosting the demand for commercial spaces, particularly in IT and engineering sectors. Boutique businesses and start-ups are thriving in co-working spaces and flex centers. Technology development, including virtual property tours, artificial intelligence, and data analytics, is revolutionizing the industry. The vaccine campaign and stable economic environment are instilling confidence in business owners, leading to increased lease signings for offices and industrial spaces. The future workplaces will be characterized by advanced technology and flexible arrangements. Multifamily and hospitality properties continue to attract investors, with the hospitality segment showing promising growth in the post-pandemic world. Industrial and logistics spaces are in high demand due to the increasing trend of online shopping. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-userOfficesRetailLeisureOthersChannelRentalLeaseSalesGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/commercial-real-estate-market-to-grow-by-usd-427-3-billion-2025-2029-driven-by-global-commercial-sector-growth-ai-powered-market-transformation---technavio-302360530.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

REIT Market to Grow by USD 350.2 Billion (2024-2028), Increase in Global Demand for Warehousing and Storage Facilities Boosts the Market, Report on AI's Impact on Market Landscape - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Feb. 3, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global reit market size is estimated to grow by USD 350.2 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 2.87% during the forecast period. Increase in global demand for warehousing and storage facilities is driving market growth, with a trend towards emergence of self-storage as a service. However, vertical integration by e-commerce companies poses a challenge. Key market players include Automotive Properties REIT, CapitaLand Integrated Commercial Trust Management Ltd., Deutsche WohnenDeutsche Wohnen SE, Dexus Group, Federal Realty Investment Trust, FIBRA Prologis, Gecina REIT SA, GPT Management Holdings Ltd., Iron Mountain Inc., Japan Real Estate Investment Corp., Klepierre Reit SA, Link Asset Management Ltd., Mirvac Group, NorthWest Healthcare Properties, Omega Heathcare Investors Inc., RioCan Real Estate Investment Trust, Segro Plc, STAG Industrial Inc., Stockland Corp. Ltd., and W. P. Carey Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF REIT Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 2.87% Market growth 2024-2028 USD 350.2 billion Market structure Fragmented YoY growth 2022-2023 (%) 2.68 Regional analysis North America, APAC, Europe, South America, and Middle East and Africa Performing market contribution North America at 49% Key countries US, Japan, UK, Singapore, and Germany Key companies profiled Automotive Properties REIT, CapitaLand Integrated Commercial Trust Management Ltd., Deutsche WohnenDeutsche Wohnen SE, Dexus Group, Federal Realty Investment Trust, FIBRA Prologis, Gecina REIT SA, GPT Management Holdings Ltd., Iron Mountain Inc., Japan Real Estate Investment Corp., Klepierre Reit SA, Link Asset Management Ltd., Mirvac Group, NorthWest Healthcare Properties, Omega Heathcare Investors Inc., RioCan Real Estate Investment Trust, Segro Plc, STAG Industrial Inc., Stockland Corp. Ltd., and W. P. Carey Inc. Market Driver REITs, or Real Estate Investment Trusts, are a popular investment option for those seeking income from income-producing real estate. Both publicly traded REITs and non-traded REITs allow individual investors access to commercial real estate. The SEC regulates REITs, ensuring transparency and protecting investors. Investors can add REITs to their portfolio for regular income through dividend yields. However, risks include liquidity, share value transparency, conflicts of interest, and potential fraud. Fees, taxes, and eligibility criteria are other considerations. Metro and Tier 1 cities offer high rental yields, making commercial properties attractive. Equity REITs own or finance income-producing real estate, while Mortgage REITs earn income from mortgage financing. Hybrid REITs combine both. Private REITs are only available to accredited investors. Investment returns come from dividend income and capital appreciation. Diversification through REITs can provide professional management and regular income. Taxes on dividends are taxed as ordinary income, while capital gains are taxed at capital gains rates. Investors should consult their broker or financial adviser for fees and investment options. Demat accounts and mutual funds can facilitate investment. Asset allocation and emergency liquidity are essential for portfolio management. Always read the offering prospectus carefully before investing to avoid potential fraud and understand eligibility criteria. Self-storage is a business solution that involves renting out spaces for storing various types of goods. The demand for self-storage facilities has increased significantly due to the expanding needs of industries such as pharmaceuticals, chemicals, e-commerce, food and beverages, automotive, electronics, and manufacturing. Self-storage facilities come in different types, including temperature-controlled and non-temperature-controlled. Climate-controlled self-storage, specifically, maintains a temperature between 60°F and 80°F to preserve temperature-sensitive products. Specialized climate-controlled containers are utilized for storing perishable items. Industries utilize self-storage for inventory management, seasonal storage, and document archiving. Self-storage services offer flexibility and convenience, making them an essential business resource. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges REITs, or Real Estate Investment Trusts, provide investors with the opportunity to invest in income-producing real estate without directly owning or managing the property. Both publicly traded REITs and non-traded REITs allow access to commercial real estate. However, challenges exist. SEC regulation ensures transparency, but investors must consider risks like liquidity, share value transparency, conflicts of interest with brokers or financial advisers, and fees. Publicly traded REITs offer dividend yields, but taxes on ordinary income and capital gains differ. Non-traded REITs have upfront fees and potential for fraud. Investors should review offering prospectuses, understand eligibility criteria, and consider diversification, investment returns, and taxation. Metro cities and Tier 1 cities offer high rental yields, but risks and costs vary. Equity REITs focus on property income, while Mortgage REITs invest in mortgages. Hybrid and Private REITs combine elements. Investors should allocate assets, plan for emergency liquidity, and consult a financial adviser. Dividend income and capital appreciation are potential investment returns. Regular income from REITs can be received through a Demat account, similar to mutual funds. Taxable dividends should be accounted for in asset allocation and investment options.The global expansion of e-commerce is driving up the demand for warehousing solutions as online sales continue to rise. Major players in the industry, such as Amazon, Alibaba, JD.com, and IKEA, are responding by establishing their own warehouses to manage the increased sales volume. In November 2021, Alibaba's logistics subsidiary, Cainiao, announced plans to create a network of smart warehouses in Southeast Asia, including Vietnam, Indonesia, Malaysia, and Singapore. This network, consisting of Cainiao Hubs, will encompass a significant land area to accommodate the growing e-commerce market in the region. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This reit market report extensively covers market segmentation by TypeIndustrialCommercialResidentialApplicationWarehouses And Communication CentersSelf-storage Facilities And Data CentersOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 1.1 Industrial- The industrial segment led the global REIT market in 2023 due to rising demand for industrial space. The COVID-19 pandemic fueled e-commerce sales, necessitating more warehouse space for companies to store inventory and fulfill orders. Supply chain disruptions further increased demand for occupancy and rental rates. Additionally, e-commerce companies are setting up warehouses and fulfillment centers near metropolitan areas to meet growing consumer demand. These factors create substantial expansion opportunities for industrial REITs, contributing to market growth during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The REIT market refers to the investment sector that deals with income-producing real estate through publicly traded Real Estate Investment Trusts (REITs) and non-traded REITs. REITs allow investors to gain exposure to commercial real estate without directly owning or managing the properties. The SEC regulates REITs, ensuring transparency and regular income through dividends. However, investors should be aware of risks such as liquidity, conflicts of interest, fees, taxes, and fraud. REITs can be Equity, Mortgage, Hybrid, or Private, each with varying eligibility criteria and investment returns. Equity REITs derive income from rental yields, while Mortgage REITs earn returns from mortgage interest. Hybrid REITs combine both. REITs offer diversification, professional management, and regular income, making them an attractive addition to an investment portfolio. Investors should consider factors like dividend yields, investment returns, capital gains, and taxation when evaluating REITs. Consulting a broker or financial adviser can help navigate the complexities and potential risks. Remember, all investments come with inherent risks, and it's essential to understand the specific risks associated with REITs before investing. Market Research Overview The REIT market refers to the investment avenue that provides individuals with the opportunity to invest in income-producing real estate through publicly traded Real Estate Investment Trusts (REITs) or non-traded REITs. REITs invest in commercial real estate, including properties in Metro Cities and Tier 1 Cities, and generate income through rental yields, capital gains, and dividends. Investors should be aware of risks such as liquidity, share value transparency, conflicts of interest, and fraud. The SEC regulates REITs, and investors must consider fees, taxes, and eligibility criteria before investing. REITs come in various types, including Equity REITs, Mortgage REITs, Hybrid REITs, and Private REITs, offering different investment returns, dividend income, and capital appreciation opportunities. Diversification, professional management, and regular income are key benefits of investing in REITs. Investors can consider opening a Demat account to buy REIT units and can allocate a portion of their investment portfolio to REITs for taxable dividend income and long-term capital gains. Consulting a financial adviser or broker can help in understanding the offering prospectus, investment options, and asset allocation strategies. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation TypeIndustrialCommercialResidentialApplicationWarehouses And Communication CentersSelf-storage Facilities And Data CentersOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/reit-market-to-grow-by-usd-350-2-billion-2024-2028-increase-in-global-demand-for-warehousing-and-storage-facilities-boosts-the-market-report-on-ais-impact-on-market-landscape---technavio-302365967.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs

Tiny Homes Market to grow by USD 3.71 Billion (2025-2029), driven by affordability for the masses, AI-powered market evolution - Technavio

Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Jan. 27, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The global tiny homes market size is estimated to grow by USD 3.71 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.2% during the forecast period. Affordable by mass section of population is driving market growth, with a trend towards growing trend of customization. However, limited demand from developing economies poses a challenge. Key market players include American Tiny House, ATLAS VANS, Aussie Tiny Houses, BAAHOUSE and BAASTUDIO Pty Ltd., Berkshire Hathaway Inc., Cavco Industries Inc., Handcrafted Movement, Heirloom Inc., ICON Technology Inc., La Tiny House, Meka Inc., Mini Mansions Tiny Home Builders LLC, Mustard Seed Tiny Homes LLC, New Frontier Tiny Homes, Oregon Cottage Co., The Tiny Housing Co., Tiny Home Builders, Tiny SMART House Inc., and Tumbleweed Tiny House Co.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Tiny Homes Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 4.2% Market growth 2025-2029 USD 3713.1 million Market structure Fragmented YoY growth 2022-2023 (%) 4.1 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 55% Key countries US, Canada, China, Japan, and UK Key companies profiled American Tiny House, ATLAS VANS, Aussie Tiny Houses, BAAHOUSE and BAASTUDIO Pty Ltd., Berkshire Hathaway Inc., Cavco Industries Inc., Handcrafted Movement, Heirloom Inc., ICON Technology Inc., La Tiny House, Meka Inc., Mini Mansions Tiny Home Builders LLC, Mustard Seed Tiny Homes LLC, New Frontier Tiny Homes, Oregon Cottage Co., The Tiny Housing Co., Tiny Home Builders, Tiny SMART House Inc., and Tumbleweed Tiny House Co. Market Driver The Tiny Homes market is experiencing significant growth due to emerging trends like the Lofts and Handcrafted Movement. Millennials prefer Humble Handcraft, leading to increased demand for Tiny Homes as affordable housing solutions. Rental facilities and construction materials are key resources, with sustainability and customization being major consumer behaviors. Sustainable development and eco-friendly designs are essential, driving the market towards affordable living options. Market restraints include rental inflation, raw material shortage, and resale problems. Tiny Home Builders offer customization and innovation through mass customization and 3D printing technology. Tiny Homes cater to both home use for individuals and commercial use for large families. Tourism activities and minimalistic lifestyle choices contribute to the market's growth. Inflation and economic slowdown impact the market, making flexible and versatile living spaces a priority. Tiny Homes come in various forms, including mobile and stationary options, catering to diverse household applications and living costs. Consumers seek affordable, sustainable living options, driving the Tiny-House Movement forward. Cube Two Prefab and Little Sojourner are popular brands, offering customization and innovation in the market. The tiny homes market is experiencing intense competition among vendors, leading them to provide customization and personalization services to meet diverse buyer preferences. Customization options include the shape, size, and color of the homes. This trend is driven by technological advancements, additional features, and equipment. For example, Wind River Tiny Homes, a significant player in the US market, offers custom-built tiny homes tailored to individual styles, tastes, and requirements. Vendors focus on faster delivery, mass customization, and personalization to stay competitive in the evolving tiny homes industry. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The Tiny Homes market is experiencing significant growth due to the Handcrafted Movement, Millennials' preference for Humble Handcraft, and the desire for affordable Housing Solutions. Challenges include land acquisition, rental facilities inflation, and construction material costs. Consumer Behavior shifts towards sustainability and customization, driving the demand for Tiny Homes as a sustainable development and eco-friendly design option. Tiny Homes cater to various applications, from Home Use for Individuals and Large Families to Commercial Use. Resale problems persist due to market restraints and raw material shortages. The Tiny-House Movement continues to innovate with 3D printing technology and Mass Customization. Affordable Living Options are essential in today's economic climate, making Tiny Homes an attractive alternative to Residential Buildings. Tiny Homes offer versatile living spaces for Flexibility and mobility, ideal for Remote Work and Tourism Activities. Tiny Home Builders provide Minimalist living options for Households, with both Mobile and Stationary Tiny Homes available. The market faces challenges such as inflation, economic slowdown, and resource constraints. Despite these challenges, the future of Tiny Homes remains bright as a sustainable and affordable housing solution.In developed economies, the tiny homes market experiences demand due to consumer preference for minimalist living. However, in developing economies, adoption and sales are limited. This is primarily due to consumers' unfamiliarity with tiny homes and the absence of major vendors. Additionally, the lack of necessary infrastructure in countries like South America and Asia Pacific hinders the growth of this market. As a result, the majority of people in these regions continue to opt for conventional on-site homes, restricting the expansion of the global tiny homes market. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This tiny homes market report extensively covers market segmentation by Product 1.1 Mobile tiny homes1.2 Stationary tiny homesApplication 2.1 Home use2.2 Commercial useGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and AfricaArea 1.1 Mobile tiny homes- The mobile tiny homes market has experienced significant growth in recent years, with increasing demand driven by affordability and mobility. These homes, built on permanently attached chassis, are manufactured in factories and transported to sites on wheels or trucks. The US and Australia lead the global market, with rising retirement populations and tourism fueling demand. Tiny Home Builders, based in the UK, offers custom-built, energy-efficient mobile tiny homes. Vendors like The Tiny Housing Co provide various models, such as the Alpine, with electric heating and cooling, sink, refrigerator, and induction cooktop. Competition intensifies as vendors enhance offerings, catering to consumers' preferences and boosting market growth. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Tiny Homes Market is a growing trend offering affordable and sustainable housing solutions for individuals seeking minimalist living options. This market encompasses a range of household solutions, from handcrafted lofts to mass-customized and personalized tiny houses. The Handcrafted Movement, represented by companies like Humble Handcraft, is a significant contributor to this sector, emphasizing sustainability and eco-friendly designs. Tiny homes are popular among millennials and those seeking to reduce their living costs in the face of inflation. Rental facilities and construction materials for tiny homes are also in demand, with resources readily available for those looking to build their own. The market prioritizes sustainable development and offers a variety of tourism activities for those interested in experiencing the tiny house lifestyle. Construction materials, land acquisition, and access to resources are crucial elements of the tiny homes market. Mass customization and personalization options allow individuals to create unique and sustainable residential buildings that cater to their specific needs. The Tiny-House Movement continues to gain momentum as an affordable housing solution that prioritizes sustainability and minimalist living. Market Research Overview Tiny Homes have emerged as a popular housing solution for individuals and families seeking affordable and sustainable living options. The Handcrafted Movement, with its focus on personalization and customization, has fueled the growth of this market. Millennials, in particular, are drawn to the minimalistic lifestyle and flexibility offered by Tiny Homes. Construction materials, land acquisition, and consumer behavior are key resources shaping the Tiny Homes market. Sustainability is a major consideration, with eco-friendly designs and sustainable development being prioritized. Customization and innovation are driving the market, with mass customization and 3D printing technology enabling unique and versatile living spaces. The market faces restraints such as inflation, raw material shortages, and economic slowdown. However, the demand for affordable housing solutions, both for home use and commercial applications, remains strong. Tiny Homes come in various forms, including mobile and stationary options, catering to different needs and preferences. Resale problems and rental inflation are challenges, but the Tiny-House Movement continues to gain momentum. Tiny Home Builders offer a range of minimalist living options, from Lofts and Cube Two Prefabs to Little Sojourner and Humble Handcraft. Whether for personal use or tourism activities, Tiny Homes provide affordable, sustainable, and versatile living solutions. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation ProductMobile Tiny HomesStationary Tiny HomesApplicationHome UseCommercial UseGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaArea 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia:https://www.prnewswire.com/news-releases/tiny-homes-market-to-grow-by-usd-3-71-billion-2025-2029-driven-by-affordability-for-the-masses-ai-powered-market-evolution---technavio-302360401.html SOURCE Technavio Market News and Data brought to you by Benzinga APIs