Global Dormitories Market Segments 2024, Forecast To 2033
5 Mar, 2024
The dormitories market size has grown rapidly, increasing from $16.83 billion in 2023 to $18.58 billion in 2024, with a CAGR of 10.4%. The historical growth is attributed to educational enrollment trends, urbanization and campus development, international student mobility, affordability and student housing demand, and government and institutional investments. The market size is expected to reach $28.54 billion in 2028, with a CAGR of 11.3%. The forecast period will be characterized by changing education delivery models, sustainability and green campus initiatives, student well-being and amenities, public-private partnerships, and global educational hub development. Major trends include inclusive housing, flexible dining options, safety and security measures, space efficiency, and support for remote learning.
Global Dormitories Market Key Driver
The dormitories market expects growth driven by the increasing student population. Dormitories provide cost-effective lodging for students, fostering social environments. In 2020–21, higher education enrollment increased by 9%, with a 16% rise in first-year postgraduate students. The growing student population, attracted by dormitory affordability and proximity to campuses, is a key factor driving the dormitories market.
Get A Free Sample Of The Global Dormitories Market ReportGlobal Dormitories Market Segments
The dormitories market covered in this report is segmented –
1) By Type: Rooming And Boarding Houses, College Housing
2) By Service Type: PBSA, Private Rented Sector, University Accommodation, Other Services
3) By Application: Freshman, Sophomore, Junior, Senior, 5Th Year Or Later, Graduate Student
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the dormitories market in 2023. The regions covered in the dormitories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Dormitories Industry Players
Harrison Street Real Estate Capital LLC; The Preiss Company LLC; Greystar Real Estate Partners LLC; The Scion Group LLC; Asset Living LLC; The Collier Companies; American Campus Communities Inc.; Kyoritsu Maintenance Co. Ltd.; Rzeszow University of Technology; Metropolitan Housing Trust Limited; Civeo Corporation; University Living Accommodation Private Limited; Yugo USA LLC; PeakMade Real Estate; Blue Vista Capital Management LLC; Open Theory LLC; Interlock Near Georgia Tech; Conversion Logix LLC; Georgetown University; Villas Student Housing; Capstone Collegiate Communities LLC; Boaz Ventures LLC; Core Spaces LLC; Johnson Controls International plc; Williams-Sonoma Inc.; NVR Inc.; LGI Homes Inc.; Home Depot Inc.; Redfin Corporation
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AIOps Dormitories Market Overview
Dormitory refers to a large residential building or facility that offers accommodation services to groups of people such as students or workers. Dormitories are often located on or near college and university campuses, as well as military bases providing affordable housing options.
Dormitories Global Market Report 2023 provides data on the global dormitories market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The dormitories market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.