Key Takeaways from Analyst
One of the key drivers for the global wireless infrastructure market’s growth is the rise in tourism and business travels. People are increasingly opting for home rentals as it provides them with more privacy and homelike experience compared to hotels.
The market has also benefitted from the increasing preference of millennials for unique homestay experiences during their travels. Sharing economy concept where people can rent out their unused properties has further boosted the supply of rental properties.
However, stringent regulations in some regions around subletting of residential properties act as a restraint to the market's growth. Lack of standardization in policies across countries and cities also creates confusion among property owners and renters.
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