The global real estate rental market is expected to grow from USD 2,164.29 billion in 2021 to USD 2,396.61 billion in 2022, at a compound annual growth rate (CAGR) of 10.7%. 

The increase was primarily due to the company rescheduling its operations and recovering from the COVID-19 impact that earlier resulted in operational challenges due to restrictive containment measures involving social distancing, remote work and the closure of business activities. 

The market is expected to reach USD 3,476.58 billion in 2026, growing at a CAGR of 9.7%.