The students’ and workers’ accommodation market comprises businesses that provide long term accommodation for residents in these categories. It includes housing provided by organizations for long-term housing of their employees. The accommodation may serve as a principal residence for the residents for the period of occupancy.
The top five companies covered are Centurion Corporation, American Campus Communities, Education Realty Trust, Inc., Unite Group PLC and Campus Crest Communities, Inc. Centurion Corporation Limited was the largest company in the students and workers accommodation market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Students and Workers Accommodation Global Market Size
The global students and workers accommodation was valued at nearly $18 billion in 2017. Asia Pacific was the largest region in the students and workers accommodation market in 2017, accounting for nearly 40% market share. The USA was the largest country in the market in 2017, accounting for nearly 18% market share.
Students and Workers Accommodation Global Market Trend
Developers and designers are beginning to focus on creating micro-housing units that provide housing options near universities at a reasonable price. Micro housing provides students with miniature spaces set up for sleeping, study and preparing simple meals. With the rise in the student enrollment and worker population, micro unit houses give students’ and workers’ access to affordable accommodation. Many cities and countries are experimenting with micro-housing to meet the growing demand for affordable student and worker accommodation.
Students and Workers Accommodation Global Market Segmentation
The students and workers accommodation market includes rooming and boarding houses, students housing, and workers housing.