The Dormitories Global Market Report 2023, provides comprehensive information on the dormitories market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global
dormitories market size is expected to grow from $15.99 billion in 2022 to
$17.95 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The
Russia-Ukraine war disrupted the chances of global economic recovery from the
COVID-19 pandemic, at least in the short term. The war between these two
countries has led to economic sanctions on multiple countries, a surge in
commodity prices, and supply chain disruptions, causing inflation across goods
and services and affecting many markets across the globe. The global
dormitories market size is expected to reach $27.00 billion in 2027 at a CAGR
of 10.7%.
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Tables):
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Technological
advancements are a key trend gaining popularity in the Dormitories market.
Companies operating in the dormitories market are integrating new technologies
to develop innovative student housing solutions and sustain their position in
the market. For instance, in September 2020, Huawei, a China-based
multinational technology corporation, installed an AirEngine Wi-Fi 6 solution
in the dormitory campus of Southeast University. It is constructed with only
optical Ethernet networks. Huawei installed an AirEngine 5760-22W Wi-Fi 6 wall
plate access point (AP) in every hostel, taking into account the distinctive
architectural aspects of the campuses. These APs have industry-leading smart
antennas, which allow signals to follow users as they walk, ensuring complete
Wi-Fi coverage with no blind spots. This technology ensured strong signal
reception throughout the dorms. Also, the built-in Bluetooth capability of the
APs facilitates Wi-Fi and Internet of Things (IoT) convergence, which will be
helpful as IoT development picks up speed in the future.
The dormitories market
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
North America was the largest region in the dormitories market
in 2022.
The table of contents in TBRC’s dormitories market report includes:
1. Executive Summary
2. Dormitories Market Characteristics
3. Dormitories Market Trends And Strategies
4. Dormitories Market - Macro Economic Scenario
5. Dormitories Market Size And Growth
.
27. Dormitories
Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Dormitories Market
29. Dormitories Market Future Outlook and Potential Analysis
30. Appendix
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