Global IT in Real Estate Market, By Application (Customer Relationship Management, Enterprise Resource Planning, Enterprise Content Management, Business Intelligence, Business Process Management), Service (Integration and Deployment, Consulting, Maintenance and Support), Deployment Type (On-Premises, Cloud), Security Solution (Commercial and Services, Residential), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global IT in Real Estate Market
The IT in real estate market is expected to witness market growth at a rate of 17.1% in the forecast period of 2021 to 2028. Data Bridge Market Research report on IT in real estate market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the consumer base in the millennials group is escalating the growth of IT in real estate market.
The real estate involves the sales of real estate services by entities such as organizations, sole traders and partnerships, that rent, lease and permit the utilization of the buildings or land. The industry also incorporates the managing of real estate for others, selling, renting and buying real estate for others and assessing the real estate.
Major factors that are expected to boost the growth of the IT in real estate market in the forecast period are the rise in the need for smart technological solutions in the real estate sector to provide to different preferences of real estate customers. Furthermore, the upsurge in the need for the enterprise applications to manage the projects is further propelling the growth of the IT in real estate market. Moreover, the increase in the demand for managing the data and ensuring the security of sensitive information is estimated to escalate the growth of the IT in real estate market.
On the other hand, rise in the price involved in the technological change of several business processes and the changes in the property management business from physical to online platforms are further responsible for impeding the growth of the IT in real estate market in the timeline period. In addition, the rise in the acceptance of cloud-based solutions, the increasing acceptance of enterprise mobility solutions and the upsurge in the adoption of the concept of smart cities around the world will further provide potential opportunities for the growth of the IT in real estate market in the coming years. However, the absence of awareness and alertness concerning the technical solutions might further create challenges for the growth of the IT in real estate market in the near future.
This IT in real estate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on IT in real estate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global IT in Real Estate Market Scope and Market Size
The IT in real estate market is segmented on the basis of application, service, deployment type, and security solution. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of application, the IT in real estate market is segmented into customer relationship management, enterprise resource planning, enterprise content management, business intelligence, business process management.
- On the basis of service, the IT in real estate market is segmented into integration and deployment, consulting, maintenance and support.
- On the basis of deployment type, the IT in real estate market is segmented into on-premises, cloud.
- On the basis of security solution, the IT in real estate market is segmented into commercial and services, residential.
Global IT in Real Estate Market Country Level Analysis
The IT in real estate market is analysed and market size, volume information is provided by country, application, service, deployment type, and security solution as referenced above.
The countries covered in the IT in real estate market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates IT in real estate market due to the rise in the demand for personal real estate spaces. Furthermore, the occurrence of major key players will further boost the growth of the IT in real estate market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the IT in real estate market due to the rise in the general population. Moreover, the suitable guidelines taken by the government is further anticipated to propel the growth of the IT in real estate market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global IT in Real Estate Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to IT in real estate market.
The major players covered in the IT in real estate market report are Yardi Systems Inc., Microsoft Corporation, SAP, RealPage Inc., IBM, MRI SOFTWARE LLC, Oracle, Salesforce.com Inc., Accenture, Sage Group plc, Radici, Partecipazioni SpA, Cisco Systems, Inc., Infosys Limited, Infor., Xerox, Nuxeo, Alfresco Software, IncCBRE Group Inc., Jones Lang LaSalle IP Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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