REIT market size to grow by USD 333.01 billion from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics - Technavio

NEW YORK, Jan. 13, 2023 /PRNewswire/ -- The global REIT market size is estimated to increase by USD 333.01 billion between 2022 and 2027. The market's growth momentum will accelerate at a CAGR of 2.8% during the forecast period - Request a sample report

Vendor offerings -

• Automotive Properties REIT - The company offers REIT for automotive dealership properties.
• CapitaLand Integrated Commercial Trust Management Ltd. - The company offers REIT for retail and automotive properties.
• Dexus Group - The company offers REIT such as Dexus Convenience Retail REIT and Dexus Industria REIT.
• Federal Realty Investment Trust - The company offers REIT for retail and mixed-use neighborhoods.
• For details on vendors and their offerings – Buy the report!

Vendor landscape –

The global REIT market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer REIT in the market are 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 Healthcare Investors Inc., RioCan Real Estate Investment Trust, Segro Plc, STAG Industrial Inc., Stockland Corp. Ltd., and W. P. Carey Inc. and others.

The presence of a large number of competitors and a high scope for market growth increases the threat of competition among vendors. However, low product differentiation and high regulatory control reduce the rivalry. Thus, the competitive scenario is likely to be moderate in the market during the forecast period.

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Segment overview

Technavio has segmented the market based on type (industrial, commercial, and residential) and application (warehouses and communication centers, self-storage facilities and data centers, and others). 

• The industrial segment will grow at a significant rate during the forecast period. This growth is attributed to factors such as the increasing demand for storage space in the industrial segment. In addition, the COVID-19 pandemic led to a rise in online sales. Due to supply chain issues, companies were compelled to rent more warehouse space to store additional inventory. This increased the demand for occupancy and rental levels. Moreover, the increase in popularity of online shopping portals encourages e-commerce companies to set up warehouses and delivery centers near major cities. These factors will provide significant expansion opportunities, which, in turn, will boost the growth of the market during the forecast period.

Geography overview

Based on geography, the global REIT market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global REIT market.

• North America is estimated to account for 63% of the growth of the global market during the forecast period. The growth of industries such as manufacturing, food and beverages, chemical, and e-commerce is expected to fuel the growth of the regional market. The rent for storage and warehouse facilities in the US has increased due to the low vacancy rate of industrial spaces such as storage and warehouses. As self-owned warehouses are not very popular, many end-users prefer leased storage and warehouses for their businesses, which will drive the market in North America during the forecast period.

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Leading drivers - The increase in global demand for warehousing and storage facilities is driving the market growth. Manufacturers, importers, exporters, and logistics providers use warehouses to store finished and semi-finished products. Growth in warehouse and storage space will increase the demand for REIT during the forecast period, as building new warehouses is capital-intensive. In addition, high real estate costs increase construction costs in various end-user industries. Thus, increasing demand for storage and storage services will fuel the growth of the global REIT market during the forecast period.

Key trends - The emergence of self-storage as a service is a key trend in the market. The emergence of self-storage services is attributed to the growing demand for self-storage from the pharmaceutical, chemical, e-commerce, food and beverage, automotive, electronics, and other manufacturers. Different self-storage options are available based on the type and characteristics of the product. Thus, the development and growth of self-storage as a service will support the growth of the global REIT market during the forecast period.

Major challenges - Vertical integration by e-commerce companies will challenge market growth. Online shopping has grown in recent years, which has made it difficult for traditional retailers to grow. The rise in online sales globally has increased the number of goods sold through online channels. As a result, global e-commerce companies are opening their warehouses. For instance, in November 2021, Alibaba's logistics company Cainiao announced a long-term plan to build its smart warehouse network in Southeast Asia, including Vietnam, Indonesia, Malaysia, and Singapore. Such investments will hinder the growth of the market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the REIT market between 2023 and 2027
• Precise estimation of the size of the REIT market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the REIT market across North America, APAC, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of REIT market vendors

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global REIT market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global REIT market 2017 - 2021 ($ billion)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Industrial - Market size and forecast 2022-2027
• Exhibit 34: Chart on Industrial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Industrial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Industrial - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Industrial - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial - Market size and forecast 2022-2027
• Exhibit 38: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 6.5 Residential - Market size and forecast 2022-2027
• Exhibit 42: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Type 
• Exhibit 46: Market opportunity by Type ($ billion)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 47: Chart on Application - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 49: Chart on Comparison by Application
• Exhibit 50: Data Table on Comparison by Application

• 7.3 Warehouses and communication centers - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Warehouses and communication centers - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Warehouses and communication centers - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Warehouses and communication centers - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Warehouses and communication centers - Year-over-year growth 2022-2027 (%)

• 7.4 Self-storage facilities and data centers - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Self-storage facilities and data centers - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Self-storage facilities and data centers - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Self-storage facilities and data centers - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Self-storage facilities and data centers - Year-over-year growth 2022-2027 (%)

• 7.5 Others - Market size and forecast 2022-2027
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Application 
• Exhibit 63: Market opportunity by Application ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Japan - Market size and forecast 2022-2027
• Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Singapore - Market size and forecast 2022-2027
• Exhibit 101: Chart on Singapore - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on Singapore - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on Singapore - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Singapore - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Automotive Properties REIT 
• Exhibit 116: Automotive Properties REIT - Overview
• Exhibit 117: Automotive Properties REIT - Product / Service
• Exhibit 118: Automotive Properties REIT - Key offerings

• 12.4 CapitaLand Integrated Commercial Trust Management Ltd. 
• Exhibit 119: CapitaLand Integrated Commercial Trust Management Ltd. - Overview
• Exhibit 120: CapitaLand Integrated Commercial Trust Management Ltd. - Business segments
• Exhibit 121: CapitaLand Integrated Commercial Trust Management Ltd. - Key offerings
• Exhibit 122: CapitaLand Integrated Commercial Trust Management Ltd. - Segment focus

• 12.5 Dexus Group 
• Exhibit 123: Dexus Group - Overview
• Exhibit 124: Dexus Group - Business segments
• Exhibit 125: Dexus Group - Key offerings
• Exhibit 126: Dexus Group - Segment focus

• 12.6 Federal Realty Investment Trust 
• Exhibit 127: Federal Realty Investment Trust - Overview
• Exhibit 128: Federal Realty Investment Trust - Product / Service
• Exhibit 129: Federal Realty Investment Trust - Key offerings

• 12.7 FIBRA Prologis 
• Exhibit 130: FIBRA Prologis - Overview
• Exhibit 131: FIBRA Prologis - Product / Service
• Exhibit 132: FIBRA Prologis - Key offerings

• 12.8 Gecina REIT SA 
• Exhibit 133: Gecina REIT SA - Overview
• Exhibit 134: Gecina REIT SA - Business segments
• Exhibit 135: Gecina REIT SA - Key offerings
• Exhibit 136: Gecina REIT SA - Segment focus

• 12.9 GPT Management Holdings Ltd. 
• Exhibit 137: GPT Management Holdings Ltd. - Overview
• Exhibit 138: GPT Management Holdings Ltd. - Business segments
• Exhibit 139: GPT Management Holdings Ltd. - Key offerings
• Exhibit 140: GPT Management Holdings Ltd. - Segment focus

• 12.10 Iron Mountain Inc. 
• Exhibit 141: Iron Mountain Inc. - Overview
• Exhibit 142: Iron Mountain Inc. - Business segments
• Exhibit 143: Iron Mountain Inc. - Key offerings
• Exhibit 144: Iron Mountain Inc. - Segment focus

• 12.11 Link Asset Management Ltd. 
• Exhibit 145: Link Asset Management Ltd. - Overview
• Exhibit 146: Link Asset Management Ltd. - Product / Service
• Exhibit 147: Link Asset Management Ltd. - Key offerings

• 12.12 NorthWest Healthcare Properties 
• Exhibit 148: NorthWest Healthcare Properties - Overview
• Exhibit 149: NorthWest Healthcare Properties - Product / Service
• Exhibit 150: NorthWest Healthcare Properties - Key offerings

• 12.13 Omega Healthcare Investors Inc. 
• Exhibit 151: Omega Healthcare Investors Inc. - Overview
• Exhibit 152: Omega Healthcare Investors Inc. - Product / Service
• Exhibit 153: Omega Healthcare Investors Inc. - Key offerings

• 12.14 RioCan Real Estate Investment Trust 
• Exhibit 154: RioCan Real Estate Investment Trust - Overview
• Exhibit 155: RioCan Real Estate Investment Trust - Product / Service
• Exhibit 156: RioCan Real Estate Investment Trust - Key offerings

• 12.15 Segro Plc 
• Exhibit 157: Segro Plc - Overview
• Exhibit 158: Segro Plc - Business segments
• Exhibit 159: Segro Plc - Key offerings
• Exhibit 160: Segro Plc - Segment focus

• 12.16 STAG Industrial Inc. 
• Exhibit 161: STAG Industrial Inc. - Overview
• Exhibit 162: STAG Industrial Inc. - Product / Service
• Exhibit 163: STAG Industrial Inc. - Key offerings

• 12.17 W. P. Carey Inc. 
• Exhibit 164: W. P. Carey Inc. - Overview
• Exhibit 165: W. P. Carey Inc. - Business segments
• Exhibit 166: W. P. Carey Inc. - Key offerings
• Exhibit 167: W. P. Carey Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations 
• Exhibit 174: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.

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