Dormitories Market Report 2026

Dormitories Market Overview

• Dormitories market size has reached to $15.98 billion in 2025 • Expected to grow to $27.38 billion in 2030 at a compound annual growth rate (CAGR) of 11.6% • Growth Driver: The Growing Number Of Academic Institutes Is Fueling The Dormitories Market Expansion • Market Trend: Innovations In Student Housing Driving Affordable And Secure Dormitory Solutions • North America was the largest region in 2025.

What Is Covered Under Dormitories Market?

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. The main types of dormitories included are rooming and boarding houses and college housing. Rooming and boarding houses refer to residential structures in which individuals or families can rent a room or a portion of a house, usually with shared common areas such as bathrooms and kitchens. Various services provided are PBSA (Purpose Built Student Accommodation), private rented sector, university accommodation, and others, which are used for various applications, including freshman, sophomore, junior, senior, 5th year or later, and graduate students.

What Is The Dormitories Market Growth Forecast?

The dormitories market size is expected to see rapid growth in the next few years. It will grow to $27.38 billion in 2030 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to international student mobility, smart campus development, public-private housing partnerships, sustainability regulations, digital resident management systems. Major trends in the forecast period include smart dormitory infrastructure, purpose-built student accommodation growth, energy-efficient residential facilities, private sector student housing investment, digital access and security systems.

What Is The Driver Of The Dormitories Market?

The increasing number of academic institutes is expected to propel the growth of the dormitories market going forward. Academic institutes refer to organizations that are dedicated to the pursuit of learning, teaching, and research. Dormitories contribute significantly to the overall student experience in academic institutes offering convenience, accessibility, enhanced academic performance, cultural exchange, personal growth and development, safety, and security. For instance, in June 2024, according to the Government of UK, a UK-based public sector information website, the total number of schools has experienced a modest increase, rising by 11, bringing the overall count to 24,453 in the 2023-24 academic year. Therefore, the increasing number of academic institutes is driving the growth of the dormitories industry.

Key Players In The Global Dormitories Market

Major companies operating in the dormitories market are Campus Living Villages, American Campus Communities, UNITE Group, Greystar Real Estate Partners, The Scion Group, Student Castle, Nido Student, The Student Housing Company, Collegiate AC, Rize, Xenia Residential, Thrive Living, Prime Student Living, EdR Trust, Campus Apartments, Landmark Properties, SMC Student Housing, Yugo, Core Spaces, Housing Trust Group, RISE Residential, Urban Student Life

Global Dormitories Market Trends and Insights

Major companies operating in the dormitories market are focusing on product innovations such as student housing innovation to enhance affordable living and student empowerment. Student housing innovation refers to the development and implementation of novel housing solutions specifically designed for students, aimed at improving affordability, accessibility, safety, and overall living experience. For instance, in August 2025, DormHub Dehradun, an India-based provider of student housing solutions, launched a groundbreaking model designed to address key challenges in affordable and secure student living. The DormHub model offers fully furnished rooms, ergonomic beds, high-speed internet, biometric access, CCTV surveillance, and shared spaces including kitchens, lounges, co-working areas, and recreational zones ensuring comfort, safety, and community engagement. Its digital-first platform enables seamless online booking, transparent pricing, and efficient occupancy management, while IoT-enabled smart locks and AI-driven facility management enhance operational efficiency and create a modern, student-centric living environment in Dehradun.

What Are Latest Mergers And Acquisitions In The Dormitories Market?

In May 2024, PGIM Real Estate, a US-based real estate investment management company, acquired a UK student housing portfolio from Unite Group plc for $234 million (£184 million). With this acquisition, PGIM Real Estate aimed to expand its presence in the European purpose built student accommodation sector and enhance its income producing real estate portfolio in key UK regional cities, leveraging strong underlying student housing demand. Unite Group plc is a UK based real estate investment company specializing in purpose built student accommodation, owning and managing residential assets that provide accommodation solutions for domestic and international university students.

What Defines the Dormitories Market?

The dormitories market includes revenues earned by entities by providing dormitory services such as boarding houses, accommodations, and lodging houses. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Dormitories Market Report 2026?

The dormitories market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the dormitories industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.