About Long-term Rental Apartments
Long-term rental apartments will provide policy support for guaranteeing the sector's healthy development. Government-subsidized rental housing by increasing land supply, earmarking special funds, carrying out concentrated development schemes implementing industrial regulations, and offering favorable policies. Long-term rentals provide more stability and consistency with year-long leases and committed renters.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Long-term Rental Apartments is a fragmented market due to the presence of various players. The players are investing more in mergers and acquisitions to enhance their market presence. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Long-term Rental Apartments market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Millionacres (United States), ManageCasa (United States), Zillow (United States), Airbnb (United States), Trulia (United States), Vrbo (United States), Equity Residential (United States), WinnCompanies (United States), BH Management, LLC (United States), Longfor (China), CBRE Group (United States) and Vanke (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are FPI Management (United States), Lincoln Property Company (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Long-term Rental Apartments market by and Region.
On the basis of geography, the market of Long-term Rental Apartments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Tenure, the sub-segment i.e. 6 months will boost the Long-term Rental Apartments market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use Verticals, the sub-segment i.e. Hostels will boost the Long-term Rental Apartments market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Building Type, the sub-segment i.e. Furnished will boost the Long-term Rental Apartments market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Focus towards Easy Marketing Options
Market Growth Drivers:
Increasing Adoption of Long-term Rental Apartments Single-family Homes
Challenges:
Lack of Marketing Channels
Restraints:
Problems with the High-Profit Margins and Lack of Flexibility
Opportunities:
Increasing Supply of Government-subsidized Rental Housing in Emerging Economies and Long-term Tenants attracts High Property Taxes
Market Leaders and their expansionary development strategies
In February 2024, Schibsted has agreed to acquire all shares in HomeQ Technologies AB, a Swedish marketplace for first-hand rental apartments that connects property companies with potential tenants.
In April 2023, India’s top seven property markets have witnessed the highest number of launches in over a decade and touched a number in March quarter close to its previous high recorded in 2012 with real estate developers looking to take advantage of robust sales momentum along with resilience exhibited by the Indian economy.
On 5th May 2020, Airbnb has launched long-term rentals. It provides a monthly stay (at least twenty-eight days) category. It is applicable for the people who own a holiday home, for example, consider renting it out more than only during the weekends and a few weeks during summer.
Key Target Audience
Long-term Rental Apartments Providers, Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.