Global Residential Land Planning And Development Market Trends And Strategies Of Major Players In The Residential Land Planning And Development Market 2021-2030

The residential land development market consists of sales of residential land planning and development services and related goods by entities (organizations, sole traders and partnerships) that service land and subdivide real property into lots, for subsequent sale to builders for residential construction. Servicing of land may include excavation work for installation of roads and utility lines.

Global Residential Land Planning And Development Market Size And Drivers:

The global residential land planning and development market is expected to grow from $84.58 billion in 2020 to $90.45 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $135.64 billion in 2025 at a CAGR of 11%. Technological development was a key driver of the residential land planning and development market

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Trends In The Global Residential Land Planning And Development Market

Technologies such as augmented reality (AR) are gaining popularity in the residential land planning and development market for faster construction and to cut costs associated with construction. Augmented reality is the real world supplemented with computer-generated sensory inputs, allowing the creation of a 3-dimensional model of construction design to interact realistically. These technologies benefit the construction industry in reducing rework, increasing quality, lowering labor costs, meet timelines, improving safety and customer experience, streamline collaboration, design analysis, measuring accuracy, construction project management and presentation of plans.

Global Residential Land Planning And Development Market Segments:
The global residential land planning and development market is further segmented based on type, service provider and geography.
By Type: Houses And Housing Estate Developments, Apartments And Other Residential Developments
By Service Provider: Large Chain Companies, Independent Contractors
By Geography: The global residential land planning and development market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global residential land planning and development market, accounting for 45% of the market in 2020.

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Residential Land Planning And Development Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides residential land planning and development market overviews, analyzes and forecasts market size and growth for the global residential land planning and development market, residential land planning and development market share, residential land planning and development market players, residential land planning and development market segments and geographies, residential land planning and development market’s leading competitors’ revenues, profiles and market shares. The residential land planning and development market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.