Students And Workers Non-residential Accommodation Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033

Students And Workers Non-residential Accommodation Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033

LONDON, GREATER LONDON, UK, September 13, 2024 /EINPresswire.com/ -- The students and workers non-residential accommodation market has experienced robust growth in recent years, expanding from $17.18 billion in 2023 to $18.98 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to educational enrollment, economic conditions, urbanization, government policies, demographic shifts.

Strong Future Growth Anticipated
The students and workers non-residential accommodation market is projected to continue its strong growth, reaching $29.16 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to the adoption of online and hybrid education methods, remote work trends, international mobility, sustainability and esg, health and safety regulations.

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Growth Driver Of The Students And Workers Non-residential Accommodation Market
An increasing number of international students and workers in developed countries is expected to propel the growth of the students and workers non-residential accommodation market going forward. International students and workers refer to individuals who come from foreign countries to study or work in another country. Non-residential accommodations play a vital role in supporting international students and workers by providing affordable, convenient, and flexible lodging options near educational institutions and workplaces.

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Major Players And Market Trends
Key players in the students and workers non-residential accommodation market include American Campus Communities, Unite Group PLC, Campus Apartments Inc., Asset Plus Companies, Centurion Corporation.
Major companies operating in the student and worker non-residential accommodation markets are increasing their focus on introducing high-quality living experiences to maximize profit in the market. High-quality living experiences refer to the overall quality of life and satisfaction that individuals enjoy in their living environments. This includes factors such as comfortable and well-maintained accommodations, access to essential services, safety, a sense of community, and amenities that enhance their daily lives.

Segments:
1) By Type: Dormitories, Off Campus Establishments, Migrant Workers' Camps
2) By Price Point: Economy, Mid-Range, Luxury
3) By Channel: Direct Sales, Distributor
4) By Mode of Booking: Online Bookings, Direct Bookings, Other Mode Of Booking

Geographical Insights: Western Europe Leading The Market
Western Europe was the largest region in the students and workers non-residential accommodation market in 2023. North America was the second largest region in the global students and workers non-residential accommodation market. The regions covered in the students and workers non-residential accommodation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Students And Workers Non-residential Accommodation Market Definition
Student and workers non-residential accommodations refers to services like hotels, hostels, campgrounds, and other private lodging facilities that offer transient housing as well as other hospitality services. These establishments offer short-term or long-term lodging that can serve as a primary residence for the duration of the stay.

Students And Workers Non-residential Accommodation Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Students And Workers Non-residential Accommodation Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on students and workers non-residential accommodation market size, students and workers non-residential accommodation market drivers and trends, students and workers non-residential accommodation market major players, students and workers non-residential accommodation competitors' revenues, students and workers non-residential accommodation market positioning, and students and workers non-residential accommodation market growth across geographies. The students and workers non-residential accommodation market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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