New Study from StrategyR Highlights a $31.9 Billion Global Market for Online Home Rental Services by 2026

SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Online Home Rental Services - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 497
Companies: 42 - Players covered include Airbnb Inc.; CoStar Realty Information Inc.; Lodgis; Upad Ltd.; Zillow Group and Others.
Coverage: All major geographies and key segments
Segments: Segment (Flats, Semi-Detached Houses, Detached Houses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Online Home Rental Services Market to Reach $31.9 Billion by 2026
Amid the COVID-19 crisis, the global market for Online Home Rental Services estimated at US$14 Billion in the year 2020, is projected to reach a revised size of US$31.9 Billion by 2026, growing at a CAGR of 14.6% over the analysis period. Flats, one of the segments analyzed in the report, is projected to record a 16.1% CAGR and reach US$16.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Semi-Detached Houses segment is readjusted to a revised 14.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.8 Billion in 2021, While China is Forecast to Reach $5.6 Billion by 2026
The Online Home Rental Services market in the U.S. is estimated at US$4.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.6 Billion by the year 2026 trailing a CAGR of 13.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.1% and 12.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 10.5% CAGR.

Detached Houses Segment to Reach US$6.7 Billion by the year 2026
In the global Detached Houses segment, USA, Canada, Japan, China and Europe will drive the 11.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.7 Billion in the year 2020 will reach a projected size of US$5.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.