Real Estate Valuation Service Market Size, Share, Growth, and Industry Analysis, By Type (House, Land), By Application (REIT Valuation, Mortgage, Insurance), Regional Insights and Forecast From 2025 To 2033
Trending Insights

Global Leaders in Strategy and Innovation Rely on Our Expertise to Seize Growth Opportunities

Our Research is the Cornerstone of 1000 Firms to Stay in the Lead

1000 Top Companies Partner with Us to Explore Fresh Revenue Channels
Request a Free sample to learn more about this report
REAL ESTATE VALUATION SERVICE MARKET REPORT OVERVIEW
The global real estate valuation service market size was valued at approximately USD 9.2 billion in 2024 and is expected to reach USD 13.1 billion by 2033, growing at a compound annual growth rate (CAGR) of about 4% from 2025 to 2033.
Real Estate Valuation helps to determine the value of a property in the present real estate market. It allows customers to make informed purchases and makes sure of fair prices for buying and selling property. Real Estate Valuation experts carry out the valuation process using many different criteria like location, size, condition, amenities and fixed real estate prices in the region to evaluate a property.
COVID-19 IMPACT
Market Growth Restrained by Pandemic due to Economic Downturn and Supply Chain Disruptions
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the fallin CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The pandemic caused a global economic downturn due to loss of manpower, skilled labour, raw materials and trade and transport restrictions. This in turn led to fall in property sales and also a decrease in demand for real estate valuation services.
LATEST TRENDS
Integration of AI and Machine Learning Tools help boost market size
An emerging market trend is the integration of AI and Machine Learning Tools in this technology which improves its efficiency and accuracy of assessment operations. It helps in analysing large datasets and detecting market trends and helps the appraisers in making more informed decisions. Machine learning technology helps in learning from previous data and boosting accuracy of predictions.
REAL ESTATE VALUATION SERVICE MARKET SEGMENTATION
By Type
Based on type the global market can be categorised into House and Land.
- House: These may be apartments, condos or single family houses and are evaluated looking at location size, condition and similar sales.
- Land: This includes office buildings, retail spaces, hotels and industrial facilities. They are evaluated using rental revenue, office expenditures and market trends
By Application
Based on application the global market can be categorised into REIT Valuation, Mortgage, Insurance.
- REIT Valuation: REIT or Real Estate Income Trust can be evaluated using Net Asset Value, DCF, Dividend Discount Model and multiples and cap rates.
- Mortgage: This is an agreement between the lender and the person looking to buy property where they have the right to take over your property if the loan is not repaid.
- Insurance: Here the insurer protects themselves against loss from specific contingencies and perils
DRIVING FACTORS
Rise in real estate purchases helps boost market growth
One of the driving factors promoting Real Estate Valuation Service Market Growth is the rise in real estate transactions. The rise in real estate purchases has led to an increase in the need for accurate property value appraisal. Real estate valuation services make sure the suggested prices are up to date with market trends and circumstances.
Technological advancements promote market growth
Another driving factor is the new advancements in technology like AI and Machine Learning Tools which helps in improving accuracy and efficiency of this software. AI helps in analysing large datasets and predicting future market trends which can help the software make more informed decisions.
RESTRAINING FACTORS
Economic Downturn impedes market growth
One of the factors impending market growth is economic downturn which leads to a loss in consumer confidence and decrease in spending potential which deter customers from purchasing real estate.
Request a Free sample to learn more about this report
REAL ESTATE VALUATION SERVICE MARKET REGIONAL INSIGHTS
Strict mortgage standards and technological advancements help North America dominate
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
North America dominates the market holding a large portion of Real Estate Valuation Market Share due to stringent mortgage standards, dependable property values and technological advancements in the real estate valuation software market.
KEY INDUSTRY PLAYERS
Key Industry Players Shaping the Market through Innovation and Market Expansion
The cloth wardrobe market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in cloth wardrobes, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.
List Of Top Real Estate Valuation Service Companies
- Hong Kong Appraisal Advisory Limited (China)
- CBRE Group (US)
- Duff & Phelps (US)
- Deloitte (UK)
- Savills (UK)
INDUSTRIAL DEVELOPMENT
September 14, 2022 Dart Appraisal, a nationwide appraisal management company (AMC), announced that it acquired MaxVantage, a New Jersey based AMC.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
Attributes | Details |
---|---|
Market Size Value In |
US$ 9.2 Billion in 2024 |
Market Size Value By |
US$ 13.1 Billion by 2033 |
Growth Rate |
CAGR of 4% from 2024 to 2033 |
Forecast Period |
2025 - 2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
FAQs
The North America region is the prime area for the real estate valuation service market owing to the vast population in the region.
Increase in real estate purchase and technological advancements are some of the driving factors of the real estate valuation service market.
The real estate valuation service market segmentation that you should be aware of, which include, Based on type the real estate valuation service market is classified as House, Land. Based on application the real estate valuation service market is classified as REIT Valuation, Mortgage and Insurance.
The global real estate valuation service market is expected to reach USD 13.1 billion by 2033.
The real estate valuation service market is expected to exhibit a CAGR of 4% by 2033.