Real Estate Asset Management & Consulting in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: July 2024
NAICS 53139Revenue
$84.1bn
Past 5-Year Growth
Profit
$XX.Xbn
Employees
743k
Businesses
659k
Wages
$XX.Xbn
Real Estate Asset Management & Consulting in the US industry analysis
Revenue for real estate asset managers and consultants has been volatile during the current period. The nonresidential market has ebbed and flowed with general economic conditions, reflecting the volatility the industry has experienced. Solid economic growth boosted demand from corporations in the years immediately preceding the pandemic, but plunging corporate profit caused spending from businesses to drop drastically, which caused revenue to fall in 2020. The pandemic recovery rescued the commercial sector, causing revenue to soar in 2021. Despite plunging demand from nonresidential markets, low-interest rates and enormous government aid spurred more housing starts and home buying. This kept sales for real estate asset managers and consultants high from the residential sector, hampering the decline in revenue experienced during the pandemic. Similar to the commercial sector, the residential market remained robust amid the pandemic recovery because of continued low rates and strong economic growth. Soaring inflation caused the Federal Reserve to increase interest rates significantly starting in 2022, resulting in falling construction from the residential and nonresidential sectors and causing revenue to decline recently. Overall, revenue for real estate asset managers and consultants is expected to creep upward at a CAGR of 1.3% during the current period, reaching $85.2 billion in 2023, including a 7.5% drop in that year.
Trends and Insights
- Revenue for real estate asset managers and consultants has been volatile during the current period. Shifts in interest rates, per capita disposable income, consumer spending and corporate profit have contributed to this volatility.
- Real estate consultants serving households have success when the housing market is strong. High consumer spending and low-interest rates spur homebuying, raising demand for the industry's services.
- The Western United States is well-known for record-high home prices. High housing prices make it more complicated to purchase a property, increasing the need for real estate consulting services.
- Real estate asset management and consulting companies exist nationwide and often serve specific communities. The regionalization of the industry causes fragmentation and raises internal competition.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 1.9 % over the past five years, to reach an estimated $84.1bn in 2024.
Trends and Insights
Demand from the nonresidential sector has fluctuated drastically
- Spending on real estate asset management and consulting services from the commercial sector is influenced by corporate profit, business investment and consumer spending, which fluctuate with economic conditions.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The economic recovery will spur demand for the industry's services
- Despite concerns related to high inflation, rising interest rates and recessionary fears, US GDP will grow steadily during the outlook period.
Biggest companies in the Real Estate Asset Management & Consulting in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Cbre Group, Inc. | 835.0 | 50.3 | 6.0 | |
Jones Lang Lasalle Incorporated | 312.3 | 14.1 | 4.5 | |
Altisource Portfolio Solutions S.A. | 295.0 | 11.0 | 3.7 |
To view the market share and analysis for all 8 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Household real estate consulting services, Corporate real estate consulting services and Real estate listing. Household real estate consulting services is the largest segment of the Real Estate Asset Management & Consulting in the US.
Trends and Insights
The housing market is key to success for real estate consultants serving households
- Real estate asset managers and consultants give advice about buying and selling homes, so household real estate consulting services comprise a large share of revenue.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Apartment Rental in the US
- Commercial Leasing in the US
- Storage & Warehouse Leasing in the US
- Land Leasing in the US
- Real Estate Sales & Brokerage in the US
- Property Management in the US
- Real Estate Appraisal in the US
- Conveyancing Services in the US
International industries
- Global Commercial Real Estate
- Real Estate Asset Management & Consulting in Canada
- Real Estate Services in Australia
- Real Estate Services in New Zealand
- Estate Agents in the UK
Table of Contents
About this industry
Industry definition
Companies in this industry provide real estate-related services, including escrow, fiduciary, consultancy, research, listings, tenant representation and other miscellaneous activities. They help consumers find homes and businesses get office space. Real estate asset managers also help investors choose the best properties to invest in.
What's included in this industry?
Household real estate consulting servicesCorporate real estate consulting servicesReal estate listing servicesAgent and brokerage servicesProperty management servicesCompanies
Cbre Group, Inc.Jones Lang Lasalle IncorporatedAltisource Portfolio Solutions S.A.Purchase this report to view all 8 major companies in this industry.
Related Terms
ESCROWFIDUCIARY SERVICESVACANCY RATERENTAL YIELDSPECULATIVE DEVELOPMENTIndustry Code
NAICS 53139 - Real Estate Asset Management & Consulting in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Revenue for real estate asset managers and consultants has been volatile during the current period. Shifts in interest rates, per capita disposable income, consumer spending ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Real estate consultants serving households have success when the housing market is strong. High consumer spending and low-interest rates spur homebuying, raising demand for t...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The Western United States is well-known for record-high home prices. High housing prices make it more complicated to purchase a property, increasing the need for real estate ...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Real estate asset management and consulting companies exist nationwide and often serve specific communities. The regionalization of the industry causes fragmentation and rais...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The four largest companies comprise less than 2.0% of revenue, indicating how fractured real estate asset managers and consultants are. Low market share concentration encoura...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Cbre Group, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Jones Lang Lasalle Incorporated's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Altisource Portfolio Solutions S.A.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 5 additional companies
Detailed analysis
- Description and key data for Cbre Group, Inc., and factors influencing its performance in the industry
- Description and key data for Jones Lang Lasalle Incorporated, and factors influencing its performance in the industry
- Description and key data for Altisource Portfolio Solutions S.A., and factors influencing its performance in the industry
- Description, key data and performance trends for 5 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Real estate asset managers and consultants are subject to a few regulations. These include laws preventing acquisitions and rules imposed during the pandemic.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit for real estate asset managers and consultants tends to be higher than in other industries. Profitability fell during COVID-19 but rose amid the pandemic recovery.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Real Estate Asset Management & Consulting in the US industry in United States in 2024?
The market size of the Real Estate Asset Management & Consulting in the US industry in United States is $84.1bn in 2024.
How many businesses are there in the Real Estate Asset Management & Consulting in the US industry in 2024?
There are 659k businesses in the Real Estate Asset Management & Consulting in the US industry in United States, which has grown at a CAGR of 2.7 % between 2019 and 2024.
Has the Real Estate Asset Management & Consulting in the US industry in United States grown or declined over the past 5 years?
The market size of the Real Estate Asset Management & Consulting in the US industry in United States has been declining at a CAGR of 1.9 % between 2019 and 2024.
What is the forecast growth of the Real Estate Asset Management & Consulting in the US industry in United States over the next 5 years?
Over the next five years, the Real Estate Asset Management & Consulting in the US industry in United States is expected to grow.
What are the biggest companies in the Real Estate Asset Management & Consulting in the US market in United States?
The biggest companies operating in the Real Estate Asset Management & Consulting market in United States are Cbre Group, Inc., Jones Lang Lasalle Incorporated and Altisource Portfolio Solutions S.A.
What does the Real Estate Asset Management & Consulting in the US in United States include?
Household real estate consulting services and Corporate real estate consulting services are part of the Real Estate Asset Management & Consulting in the US industry.
Which companies have the highest market share in the Real Estate Asset Management & Consulting in the US in United States?
The company holding the most market share in United States is Cbre Group, Inc..
How competitive is the Real Estate Asset Management & Consulting in the US industry in United States?
The level of competition is moderate and steady in the Real Estate Asset Management & Consulting in the US industry in United States.
