Download Sample
Add to CartGlobal Students And Workers Non-Residential Accommodation Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Dormitories, Off Campus Establishments, and Migrant Workers' Camps.By Price Point;
Economy, Mid-Range, and Luxury.By Channel;
Direct Sales and Distributor.By Mode of Booking;
Online Bookings, Direct Bookings, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Students And Workers Non-Residential Accommodation Market (USD Million), 2021 - 2031
In the year 2024, the Global Students And Workers Non-Residential Accommodation Market was valued at USD 16,293.59 million. The size of this market is expected to increase to USD 26,681.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.3%.
The global non-residential accommodation market for students and workers is witnessing significant growth as urbanization continues to rise and the need for temporary living spaces becomes more pronounced. Non-residential accommodation refers to spaces where individuals, particularly students and workers, live temporarily for purposes such as education, employment, or training. These accommodations can range from student dormitories and shared apartments to co-living spaces for young professionals. As populations in urban areas swell, there is an increasing demand for affordable and accessible housing options for these groups who often need flexible, short-term living arrangements.
The market is driven by several factors, including the expansion of international education and the increase in global mobility for work-related purposes. More students are choosing to study abroad, while professionals are relocating for job opportunities, creating a growing demand for convenient and cost-effective living solutions. Co-living, which provides shared living spaces with private rooms and communal areas, has gained popularity among both students and young workers due to its affordability, social opportunities, and convenience. Additionally, non-residential accommodation caters to the needs of international travelers, seasonal workers, and those on temporary assignments, offering tailored solutions for these diverse groups.
The rise of digital platforms and technology-driven solutions has also had a transformative effect on this market. Online booking platforms and specialized accommodation providers make it easier for students and workers to find housing that meets their specific needs. Moreover, these accommodations are evolving to include amenities such as high-speed internet, flexible lease terms, and community-driven spaces that foster collaboration and social interaction. As cities continue to expand and the demand for temporary housing options increases, the non-residential accommodation market is expected to experience sustained growth, adapting to the ever-changing needs of students and workers worldwide.
Global Students And Workers Non-Residential Accommodation Market Recent Developments
-
In May 2021, Greystar Real Estate Partners acquired student housing properties in the UK, emphasizing the expansion of affordable accommodations.
-
In March 2024, Scion Group announced the launch of co-living spaces tailored for students and workers in major U.S. cities.
Segment Analysis
The global non-residential accommodation market is segmented by type, with dormitories, off-campus establishments, and migrant workers' camps being the key categories. Dormitories are particularly popular among students, offering affordable and communal living spaces close to educational institutions. Off-campus establishments, including rented apartments and shared housing, cater to students and workers seeking more privacy or independence. Migrant workers' camps provide temporary living arrangements for those working in foreign countries, often located near industrial zones or construction sites. Each of these types serves a specific demographic, and their popularity is influenced by factors such as proximity to education centers, workplace locations, and affordability.
In terms of price points, the market is divided into economy, mid-range, and luxury segments. Economy accommodations cater to budget-conscious individuals, typically students or entry-level workers who prioritize affordability over amenities. Mid-range options offer a balance of comfort and affordability, appealing to a broader audience, including those seeking temporary housing for work or internships. Luxury accommodations cater to high-end customers, including expatriates, senior professionals, or students attending prestigious institutions, offering premium amenities and services. The growing demand for customized living experiences has led to an increase in mid-range options, while luxury accommodations continue to attract international workers and affluent students.
The market is also segmented by sales channels, including direct sales and distributors. Direct sales involve accommodation providers offering their services through their own platforms or properties, allowing for better control over pricing and customer experience. Distributors, on the other hand, typically include third-party agencies, online travel agents, or booking platforms that connect accommodation providers with a broader audience. When it comes to booking modes, online bookings have gained significant traction due to the ease of use and accessibility of various platforms. Direct bookings, made through accommodation providers’ websites or via personal connections, are also common, offering potential discounts and direct communication. Other booking methods, including phone reservations and walk-ins, still play a role but are gradually being overtaken by digital platforms. These segments reflect the diverse ways consumers access and secure accommodation based on their preferences and convenience.
Global Students And Workers Non-Residential Accommodation Segment Analysis
In this report, the Global Students And Workers Non-Residential Accommodation Market has been segmented by Type, Price Point, Channel, Mode of Booking and Geography.
Global Students And Workers Non-Residential Accommodation Market, Segmentation by Type
The Global Students And Workers Non-Residential Accommodation Market has been segmented by Type into Dormitories, Off Campus Establishments, and Migrant Workers' Camps.
The segmentation of the non-residential accommodation market by type reveals distinct categories tailored to specific groups of individuals. Dormitories are a popular choice for students, offering affordable, shared living spaces near educational institutions. These spaces are designed to foster a sense of community and provide basic amenities to meet students' needs. Dormitories are typically more economical and are often the preferred choice for those with limited budgets or those attending institutions with large student populations.
Off-campus establishments, such as rented apartments and shared houses, cater to students and workers who seek more independence or privacy than dormitories can offer. These accommodations allow individuals to live away from campus or work areas, often providing more flexibility in terms of duration and type of housing. Off-campus establishments may offer greater amenities and comfort compared to dormitories, and they are suitable for longer stays, making them an attractive option for international students or professionals on temporary assignments.
Migrant workers' camps are designed to meet the housing needs of workers who relocate to foreign countries for short-term jobs, particularly in industries such as construction, agriculture, and manufacturing. These camps are typically located near industrial zones or job sites and provide basic facilities, focusing primarily on cost-efficiency and practicality. Migrant workers’ camps are crucial for accommodating large groups of workers in regions with high labor demand, providing a temporary but essential solution for those living away from their home countries.
Global Students And Workers Non-Residential Accommodation Market, Segmentation by Price Point
The Global Students And Workers Non-Residential Accommodation Market has been segmented by Price Point into Economy, Mid-Range and Luxury.
The segmentation of the non-residential accommodation market by price point highlights the varying levels of comfort, amenities, and affordability that cater to different customer preferences. Economy accommodations are designed for budget-conscious individuals, offering basic facilities at an affordable price. These types of accommodations are often chosen by students, entry-level workers, or those seeking temporary housing for short durations. Economy options may include shared rooms or dormitories, with minimal amenities and a focus on providing affordable living spaces in urban or educational areas.
Mid-range accommodations strike a balance between affordability and comfort, catering to a broader demographic. These accommodations are often chosen by individuals who prioritize a more comfortable living experience without the high costs associated with luxury options. Mid-range accommodations may include private rooms in shared apartments, modest furnished apartments, or co-living spaces that offer additional amenities such as Wi-Fi, common areas, and better security. These spaces are commonly used by students, young professionals, or workers on short-term assignments, looking for a more relaxed environment.
Luxury accommodations target affluent students, expatriates, or senior professionals who seek premium living spaces with high-end amenities and services. These accommodations provide a higher level of comfort and exclusivity, offering fully furnished apartments, private studios, and top-tier facilities such as gyms, concierge services, and in some cases, additional perks like transport services. Luxury non-residential accommodations are typically located in prime urban areas or close to prestigious educational institutions and business hubs. They cater to individuals who are willing to pay a premium for enhanced privacy, comfort, and a superior living experience.
Global Students And Workers Non-Residential Accommodation Market, Segmentation by Channel
The Global Students And Workers Non-Residential Accommodation Market has been segmented by Channel into Direct Sales and Distributor.
The segmentation of the non-residential accommodation market by channel reflects how accommodation providers reach their customers and manage sales. Direct sales involve accommodation providers offering their services directly to consumers through their own platforms, such as websites, physical offices, or on-site reservations. This method allows providers to have more control over pricing, customer service, and the overall booking experience. Direct sales are commonly used by well-established accommodation providers or those with a loyal customer base, as they eliminate the need for third-party intermediaries and often result in higher profit margins.
Distributors, on the other hand, act as intermediaries between accommodation providers and consumers. They include third-party agencies, online travel agents (OTAs), and other booking platforms that offer a wide range of accommodations to customers. Distributors expand the reach of accommodation providers, enabling them to access a larger pool of potential clients, especially international customers. They often provide comparative options, reviews, and promotional deals that attract a broader audience. While distributors may take a commission for their services, they play a crucial role in increasing visibility and driving bookings for accommodation providers who may not have the resources or infrastructure to manage direct sales on their own.
Both direct sales and distributor channels serve different market needs. Direct sales are more suited for providers who have a strong brand presence or cater to niche markets, while distributors offer flexibility and broader exposure, particularly for international or short-term customers. Many accommodation providers adopt a hybrid approach, utilizing both direct and distributor channels to maximize their reach and adapt to changing consumer preferences. This multi-channel strategy enables providers to maintain competitive pricing, offer varied booking options, and ensure a seamless experience for a diverse customer base.
Global Students And Workers Non-Residential Accommodation Market, Segmentation by Mode of Booking
The Global Students And Workers Non-Residential Accommodation Market has been segmented by Mode of Booking into Online Bookings, Direct Bookings and Others.
The segmentation of the non-residential accommodation market by mode of booking reflects the evolving preferences and convenience factors influencing how customers secure their accommodations. Online bookings have become the dominant method, driven by the widespread use of digital platforms and mobile apps. These platforms, such as booking websites and mobile applications, provide users with the convenience of comparing options, reading reviews, and making reservations at any time. Online bookings allow customers to easily access a wide range of accommodations across various price points, locations, and types, making them the preferred choice for most travelers and students seeking quick, flexible, and hassle-free booking experiences.
Direct bookings, typically made through an accommodation provider’s own website or through personal connections, represent another popular method of securing accommodation. This mode offers customers the ability to bypass third-party platforms, allowing for potentially better pricing, exclusive deals, or the option to communicate directly with the accommodation provider. Direct bookings are often preferred by individuals who have specific requirements, such as long-term stays, or those who seek personalized services. Providers also benefit from direct bookings by eliminating commissions paid to third parties, ensuring higher profit margins and maintaining control over customer interactions and experiences.
Other booking methods, which include phone reservations, walk-ins, or bookings made through local agents, still play a role in the market, albeit to a lesser extent. These methods are often utilized by individuals who are not as comfortable with online platforms or those seeking immediate accommodation without prior planning. While less common than online and direct bookings, these methods can still be significant in certain regions or for specific types of accommodations. For example, migrant workers or short-term visitors may use phone bookings or local agents to secure temporary housing in unfamiliar areas where digital platforms are less accessible.
Global Students And Workers Non-Residential Accommodation Market, Segmentation by Geography
In this report, the Global Students And Workers Non-Residential Accommodation Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Students And Workers Non-Residential Accommodation Market Share (%), by Geographical Region, 2024
The non-residential accommodation market is geographically diverse, with distinct trends and demands emerging across different regions. In North America, the market is driven by the high demand for student housing, particularly in major cities and university towns, as well as the growing trend of temporary accommodation for professionals relocating for work. The region sees a large number of international students and young professionals seeking flexible, short-term living arrangements. The strong presence of online booking platforms and the growing popularity of co-living spaces contribute to the market's expansion in North America, where innovation and technological advancements play a major role in shaping the housing landscape.
Europe also has a robust market, with a focus on both student housing and migrant worker accommodation. The demand for affordable student housing is significant, particularly in countries with renowned educational institutions such as the UK, Germany, and France. Furthermore, the region has a substantial migrant worker population, especially in construction and industrial sectors, creating a need for temporary housing solutions like migrant worker camps. The rise of remote work has also contributed to the growth of co-living spaces and serviced apartments, with many individuals opting for more flexible and communal living arrangements. The use of online platforms for booking accommodations has become increasingly popular across Europe, further fueling market growth.
In Asia Pacific, the market is experiencing rapid expansion due to increasing urbanization, the growing middle class, and an increase in international education and workforce migration. Countries such as China, India, and Japan see high demand for both student dormitories and off-campus accommodations as educational institutions expand and the number of international students rises. The migrant worker accommodation sector is particularly strong in countries like Singapore, Malaysia, and the Gulf Cooperation Council (GCC) nations, where workers from other parts of Asia are employed in large numbers. In this region, online bookings and mobile-based reservation systems have gained significant traction, with many young professionals and students seeking cost-effective, yet comfortable living options. The market is also growing in the Middle East & Africa and Latin America, where regional economic growth and infrastructure development have driven demand for temporary housing solutions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Students And Workers Non-Residential Accommodation Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increased global mobility for education and employment
- Rising demand for affordable and flexible housing options
- Growth in international student enrollment
-
Popularity of co-living and shared accommodations-The popularity of co-living and shared accommodations has surged in recent years, driven by changing lifestyle preferences, economic factors, and the increasing need for flexible living arrangements. Co-living offers a communal living experience where individuals rent private rooms but share common spaces such as kitchens, bathrooms, and living areas. This setup provides an affordable and socially interactive alternative to traditional renting, particularly appealing to students, young professionals, and digital nomads who value flexibility, community, and lower living costs.
The rise of co-living can be attributed to several factors, including the growing trend of urbanization and the increasing costs of living in major cities. As housing prices continue to rise, especially in densely populated urban areas, individuals are seeking more affordable and efficient housing solutions. Co-living spaces provide a way to share expenses, such as rent and utilities, while still offering a degree of privacy. Additionally, the shared living model encourages social interaction and networking, which is especially attractive to young people or those new to a city. Co-living has become particularly popular in cities like New York, London, Berlin, and San Francisco, where the demand for affordable housing and social spaces is high.
Another driving force behind the popularity of co-living is the rise of the remote work culture. As more individuals work from home or adopt flexible work schedules, the need for flexible living arrangements has increased. Co-living spaces cater to this need by offering short-term leases and providing shared spaces that foster collaboration and creativity. Many co-living providers also focus on creating a strong sense of community by organizing events, networking opportunities, and creating shared experiences for residents. As a result, co-living is seen not only as an affordable housing option but also as a lifestyle choice that promotes social connections, collaboration, and a sense of belonging. This trend is likely to continue growing, particularly in urban areas with a high concentration of young professionals, students, and remote workers.
Restraints:
- High rental prices in urban areas
- Regulatory challenges in different regions
- Limited availability of quality accommodation in some locations
-
Economic uncertainties affecting demand-Economic uncertainties can significantly impact the demand for non-residential accommodations, as individuals and businesses adjust their spending and housing preferences based on economic conditions. During periods of economic downturn or financial instability, consumers tend to become more cautious with their spending, which can lead to reduced demand for higher-end or luxury accommodations. Budget-conscious students, workers, and other individuals may opt for more affordable housing options, such as dormitories or economy-priced shared accommodations, in an effort to minimize costs. Additionally, uncertainty about job security or economic recovery can make people hesitant to commit to long-term leases or higher rental fees, leading to a preference for more flexible, short-term arrangements.
In times of economic uncertainty, businesses and educational institutions may also reduce their budgets for employee relocation, internships, or international student programs, directly affecting the demand for temporary accommodations. For example, companies may scale back on hiring or move to remote work models, reducing the need for housing for migrant workers or temporary staff. Similarly, educational institutions may see a decrease in international student enrollment, as potential students may delay their studies or opt for more affordable local education options. This reduction in the flow of international students and workers can directly lead to a slowdown in the demand for non-residential accommodations in certain regions.
On the other hand, economic uncertainties may lead to increased demand for more flexible housing solutions. As people face job losses or shifting work arrangements, there may be a growing preference for shared living spaces, co-living arrangements, or short-term rentals, which offer lower upfront costs and more flexibility. These types of accommodations provide an alternative to long-term contracts and provide people with the ability to relocate or downsize as needed. In this sense, economic challenges can drive a shift toward more affordable and adaptable living arrangements, particularly among students, young professionals, and individuals seeking temporary housing solutions. As the economy stabilizes, there may be a rebound in demand for higher-end accommodations as consumer confidence and spending power recover.
Opportunities:
- Expansion of digital platforms for booking accommodations
- Growing trend of remote work and digital nomadism
- Rising interest in sustainable and eco-friendly living spaces
-
Development of specialized housing solutions for diverse worker groups-The development of specialized housing solutions for diverse worker groups is a response to the varying needs of individuals working in different sectors, locations, and conditions. As the global workforce becomes increasingly mobile, the demand for housing that caters specifically to workers in various industries, such as healthcare, construction, technology, and agriculture, is on the rise. Specialized housing solutions are designed to meet the specific requirements of these groups, offering tailored amenities, locations, and accommodations that enhance both productivity and well-being. For example, healthcare workers often require housing near hospitals or healthcare facilities, with a focus on convenience, privacy, and safety, while construction workers might need temporary housing close to job sites with basic, functional amenities.
For migrant and seasonal workers, housing solutions are often built to accommodate large groups of individuals and may include shared dormitory-style living spaces or prefabricated camps. These accommodations are designed to be cost-effective, with the primary focus on providing shelter, food, and basic utilities. The development of these solutions often takes into account factors such as the duration of employment, availability of community spaces, and the need for transportation to and from the work site. Additionally, specialized housing solutions for workers can address specific cultural or social needs, such as providing spaces for religious practices or ensuring adequate recreational facilities.
In the technology and remote work sectors, the demand for specialized housing has grown as more workers seek flexible, community-oriented living arrangements. Co-living spaces, for example, have become popular among digital nomads and remote workers who value social interaction, networking opportunities, and collaborative work environments. These spaces often include shared offices, high-speed internet, and access to communal kitchens and lounges, designed to foster a sense of community among residents. By offering a combination of private and communal living, specialized housing solutions for remote workers provide both comfort and flexibility, making them an appealing option for those with transient or non-traditional work arrangements. The continued evolution of these housing solutions ensures that workers in diverse industries and roles can access accommodations that meet their specific professional and personal needs.
Competitive Landscape Analysis
Key players in Global Students And Workers Non-Residential Accommodation Market include:
- Centurion Corporation
- American Campus Communities
- Education Realty Trust Inc
- Unite Group Inc
- Campus Crest Communities Inc.
- Marriott International
- MGM Resorts International
- Hilton Worldwide Holdings
- Accor Hotels
- TUI Group
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Price Point
- Market Snapshot, By Channel
- Market Snapshot, By Mode of Booking
- Market Snapshot, By Region
- Global Students And Workers Non-Residential Accommodation Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increased global mobility for education and employment
- Rising demand for affordable and flexible housing options
- Growth in international student enrollment
- Popularity of co-living and shared accommodations
- Restraints
- High rental prices in urban areas
- Regulatory challenges in different regions
- Limited availability of quality accommodation in some locations
- Economic uncertainties affecting demand
- Opportunities
- Expansion of digital platforms for booking accommodations
- Growing trend of remote work and digital nomadism
- Rising interest in sustainable and eco-friendly living spaces
- Development of specialized housing solutions for diverse worker groups
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
-
Global Students And Workers Non-Residential Accommodation Market, By Type, 2021 - 2031 (USD Million)
- Dormitories
- Off Campus Establishments
- Migrant Workers' Camps
- Global Students And Workers Non-Residential Accommodation Market, By Price Point, 2021 - 2031(USD Million)
- Economy
- Mid-Range
- Luxury
- Global Students And Workers Non-Residential Accommodation Market, By Channel, 2021 - 2031 (USD Million)
- Direct Sales
- Distributor
- Global Students And Workers Non-Residential Accommodation Market, By Mode of Booking, 2021 - 2031 (USD Million)
- Online Bookings
- Direct Bookings
- Others
- Global Students And Workers Non-Residential Accommodation Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
-
- Competitive Landscape
- Company Profiles
- Centurion Corporation
- American Campus Communities
- Education Realty Trust Inc
- Unite Group Inc
- Campus Crest Communities Inc.
- Marriott International
- MGM Resorts International
- Hilton Worldwide Holdings
- Accor Hotels
- TUI Group
- Company Profiles
- Analyst Views
- Future Outlook of the Market