Europe Student Accommodation Market Size (2024 - 2029)

Europe Student Accommodation Market Analysis

The Europe Student Accommodation Market size in terms of investment value is expected to grow from USD 26.21 billion in 2024 to USD 34.73 billion by 2029, at a CAGR of 5.80% during the forecast period (2024-2029).

France, the UK, and Germany are among the countries in Europe with the highest percentage of students engaged in the tertiary level of education and are major contributors to the demand for student accommodation. Upper Secondary and Bachelor's or equivalent exist among the largest shares of educational levels attained by adults in the majority of European countries during 2021. This leads to a majority of the student accommodation market in Europe having higher education level students as a major component of their business and contributing to the growth of the student accommodation market in Europe.

With the advent of COVID-19, almost all the educational institutions in Europe shifted from classroom to online education. With this, students were able to study from home, which resulted in a decline in demand for student accommodation during 2020-21. The United Kingdom, with the advent of COVID-19, observed an increase in the share of adults in education from a level of 41% in 2019 to 44% in 2021, leading to the formation of expectations among student accommodation providers for positive growth in the market with the reopening of colleges and COVID-19 recovery.

As the global economy and day-to-day activities recover from the effects of COVID-19, more school campuses are opening their doors to students. This makes it easier for both American and international students to move around and makes it more important for them to have a place to stay. With this, real estate and accommodation providers are seeking to recover the student housing market and reap the upcoming benefits.

Europe Student Accommodation Industry Segmentation

While studying away from home, finding a place to stay is an important factor, as a student will be living comfortably during his stay and equipped with his daily needs. As Europe has become a hub for global higher education, the student housing market plays a major role. The market is divided by the type of housing (dorms, rented houses or rooms, and private student housing), location (city center, outskirts), type of rent (basic rent, total rent), mode (online, offline), and country (Germany, Iceland, Ireland, Italy, France, Belgium, Norway, Rest of Europe). The study keeps track of the key market parameters, factors that affect growth, and student accommodation service providers in the industry. This helps to back up market estimates and growth rates for the next few years. The report offers market size and values (in USD million) during the forecasted years for the above segments.