Thailand is the emerging market for Property Classified in ASEAN, growing at a double digit CAGR of 21.7% during 2015-2021: Ken Research

 Driven by Interest from Foreign Buyers along with Exponential growth of smartphone penetration

Increasing Demand for Residential Segment: The number of unsold residential constructions in the first quarter of 2021 recorded 376,757 units. Most full-stack property classified players in Thailand have remained focused on the residential property segment considering the rapid urbanization and increasing demands for properties in the country.

Rapid Population Growth: Demographic data affects the real estate market through property-type demand and supply, pricing, migration, and investment. People are moving away from private areas and opting for shared office spaces, hotel stays, and co-living units and others due to increasing rent.

Increasing Smartphone Penetration: 53.6 Mn of the Thailand population use the internet (2021), set to increase to 60 Mn by 2025. This widespread digitization of the region alongside the deployment of 5G means Property Classifieds Market startups can seamlessly offer their real estate solutions to the public via mobile devices.

Digitalization: The digitalization of data is facilitating access to mass-market information quickly and cheaply. Due to advances in technology, the times of bulky physical data sheets are over. Instead, everything can be digitally recorded and retrieved online, from public records to office lease data, from market fluctuations to real-time boiler temperatures

Rising disposable income, increasing loans availability & initiatives like Smart cities for industrial properties are ensuring that residential and commercial real estate continues to dominate the online market. Apart from increased brand awareness, continued engagement, and full stack services, the online segment offers comparatively less cost-per-lead when compared to traditional outdoor or full-jacket print campaigns, thus making it advantageous for developers.

The report titled “Thailand Property Classifieds Market Outlook to 2026F – Driven by Interest from Foreign Buyers along with Exponential growth of smartphone penetration” provides a comprehensive analysis of the potential of Property Classified industry in Thailand. The report covers various aspects including the current real estate scenario and rental rates in Thailand, revenue generated from Thailand Property Classified market, its segmentations viz Business Model(Listings and Classifieds and Aggregators and Co-Living) and By Region (Bangkok, Pattaya, Phuket), revenue models, major trends and development, issues and challenges, technological advancements and competition analysis. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.

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Key Segments Covered in Thailand Property Classified Market:

By Business Model

Listings and Classifieds

Aggregators and Co-Living

By Region

Bangkok

Phuket

Pattaya

Others

Key Target Audience

Property Classified Companies

Real Estate Developers

Brokers

Property Consultants

Industry Experts

Time Period Captured in the Report:

Historical Period: 2015-2021

Forecast Period: 2021P-2026F

Companies Covered:

Listings and Classifieds

Property hub

Terra BKK

FazWaz

ZmyHome

Baania

Findyourspace

DD Property

Lazudi

Nayoo

PrakardProperty

Thai hometown

PBRE Real estate

Dot property

Aggregators and Co-Living

Property scout

Phuket Rent House

Rent Hub

Nornn

Key Topics Covered in the Report

Overview of Thailand Property Classified Market

Ecosystem of Major Entities in Thailand Property Classified Market

Business Cycle and Genesis of Thailand Property Classified Market

Thailand Property Classified Market Size, 2015-2021

Thailand Property Classified Market Segmentations

Competition Analysis: Market Share of Major Listings and Classifieds and Major Aggregators & Co-Living Companies

SWOT Analysis in Thailand Property Classified Market

Revenue Models in Thailand Property Classified Industry

Growth Drivers and Restraints in Thailand Property Classified Market

Technological Advancements in Thailand Property Classified Market

Impact of COVID19 in Thailand Property Classified Market

Key Trends in Thailand Property Classified Market

Outlook and Future Projections for Thailand Property Classified Market

Future Market Segmentation by Business Model and Revenue Sources

Recommendations / Success Factors

Research Methodology

Appendix

For More Information on the Research Report, refer to below links: -

Thailand Property Classifieds Market

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