Request for TOC Request for Sample
BUY NOW

Global IT in Real Estate Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

ICT | Upcoming Report | Nov 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60
Nucleus

Circumvent the Tariff challenges with an agile supply chain Consulting

Supply Chain Ecosystem Analysis now part of DBMR Reports

Global Real Estate Market

Market Size in USD Billion

CAGR :  %

USD 10.52 Billion USD 23.16 Billion 2024 2032
Forecast Period
2025 –2032
Market Size(Base Year)
USD 10.52 Billion
Market Size (Forecast Year)
USD 23.16 Billion
CAGR
%
Major Markets Players
  • Yardi Systems Inc.
  • Microsoft Corporation
  • SAP
  • RealPage Inc.
  • IBM

Global IT in Real Estate Market Segmentation, By Application (Customer Relationship Management, Enterprise Resource Planning, Enterprise Content Management, Business Intelligence, and Business Process Management), Service (Integration and Deployment, Consulting, and Maintenance and Support), Deployment Type (On-Premises and Cloud), Security Solution (Commercial and Services and Residential) - Industry Trends and Forecast to 2032

IT in Real Estate Market Z

 IT in Real Estate Market Size    

  • The global IT in Real Estate market size was valued at USD 10.52 billion in 2024 and is expected to reach USD 23.16 billion by 2032, at a CAGR of 10.36% during the forecast period
  • This growth is driven by factors such as the increasing adoption of smart technologies, the rise of PropTech solutions, and the growing demand for data-driven decision-making in property management

IT in Real Estate Market Analysis

  • Information Technology (IT) in real estate refers to the integration of advanced technological solutions to enhance various aspects of the real estate industry, including property management, transactions, and customer engagement
  • This encompasses a wide range of tools and platforms, such as property management software, virtual reality (VR) for property tours, customer relationship management (CRM) systems, and data analytics for market insights
  • North America is expected to dominate the IT in real estate market with 34.58% due to robust demand across residential, commercial, and industrial sectors
  • Asia-Pacific is expected to be the fastest growing region in the IT in real estate market during the forecast period due to Investors are increasingly prioritizing green buildings and renewable energy initiatives
  • Customer relationship management segment is expected to dominate the market with a market share of 27.70% due to its supports to realtors in staying organized, moving tenants, following up with potential buyers, and closing sales deals on properties

Report Scope and IT in Real Estate Market Segmentation    

Attributes

IT in Real Estate Key Market Insights

Segments Covered

  • By Application: Customer Relationship Management, Enterprise Resource Planning, Enterprise Content Management, Business Intelligence, and Business Process Management
  • By Service: Integration and Deployment, Consulting, and Maintenance and Support
  • By Deployment Type: On-Premises and Cloud
  • By Security Solution: Commercial and Services and Residential

Countries Covered

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • U.K.
  • Netherlands
  • Switzerland
  • Belgium
  • Russia
  • Italy
  • Spain
  • Turkey
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Thailand
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific

Middle East and Africa

  • Saudi Arabia
  • U.A.E.
  • South Africa
  • Egypt
  • Israel
  • Rest of Middle East and Africa

South America

  • Brazil
  • Argentina
  • Rest of South America

Key Market Players

  • Yardi Systems Inc. (U.S.)
  • Microsoft Corporation (U.S.)
  • SAP (Germany)
  • RealPage Inc. (U.S.)
  • IBM (U.S.)
  • MRI SOFTWARE LLC (U.S.)
  • Oracle (U.S.)
  • Salesforce.com Inc. (U.S.)
  • Accenture (Ireland)
  • Sage Group plc (U.K.)
  • Radici, Partecipazioni SpA (Italy)
  • Cisco Systems, Inc. (U.S.)
  • Infosys Limited (India)
  • Infor (U.S.)
  • Xerox (U.S.)
  • Nuxeo (France)
  • Alfresco Software, Inc. (U.S.)
  • CBRE Group Inc. (U.S.)
  • Jones Lang LaSalle IP Inc. (U.S.)

Market Opportunities

  • Integration of AI and Machine Learning
  • Emergence of Smart Buildings and IoT
  • Increasing Use of Virtual and Augmented Reality

Value Added Data Infosets

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

IT in Real Estate Market Trends

“Integration of AI and Machine Learning for Predictive Analytics”

  • AI and ML are revolutionizing real estate by providing predictive insights into market trends, property valuations, and tenant behaviors
  • Companies such as Zillow utilize machine learning algorithms to estimate property values, enhancing decision-making processes for buyers and sellers
  • These technologies enable real estate professionals to make data-driven decisions, improving operational efficiency and customer satisfaction

IT in Real Estate Market Dynamics

Driver

“Operational Efficiency through Automation”

  • The implementation of IT solutions streamlines property management tasks such as maintenance scheduling, rent collection, and lease tracking
  • Automation reduces operational costs and improves service delivery, allowing real estate firms to focus on strategic growth
  • Cloud-based platforms offer scalability, enabling businesses to expand operations and adapt to market changes without significant infrastructure investments
  • Companies adopting automation report increased productivity and enhanced tenant experiences

Opportunity

“Smart Building Technologies for Sustainability”

  • The growing demand for sustainable and energy-efficient buildings presents opportunities for integrating smart technologies
  • IoT sensors, energy management systems, and automated security solutions contribute to energy efficiency and improved tenant experiences
  • According to a KPMG-Colliers report, about 56% of real estate stakeholders have assigned high consideration to sustainability in projects
  • The increasing focus on sustainability and green building practices is expected to drive the demand for smart building solutions

Restraint/Challenge

“High Implementation Costs”

  • The initial investment required for adopting advanced IT solutions can be prohibitive for small and medium-sized real estate firms
  • Upfront costs for IT infrastructure and software can strain budgets, limiting the adoption of technology
  • Ongoing maintenance and updates add to the financial burden, especially for firms with limited resources
  • The need for specialized skills to manage and operate advanced IT systems is another challenge, as firms may struggle to find and retain qualified personnel

IT in Real Estate Market Scope

The market is segmented on the basis of application, service, deployment type, and security solution.

Segmentation

Sub-Segmentation

By Application

By Service

  • Integration and Deployment
  • Consulting
  • Maintenance and Support

By Deployment Type

  • On-Premises
  • Cloud

By Security Solution

  • Commercial and Services
  • Residential

In 2025, the customer relationship management segment is projected to dominate the market with a largest share in application segment

The customer relationship management segment is expected to dominate the IT in Real Estate market with the largest share of 27.70% in 2025 due to its support to realtors in staying organized, moving tenants, following up with potential buyers, and closing sales deals on properties. CRM software also helps improve productivity and efficiency by speeding up routine processes and keeping customers and clients up to date about recent updates.

The cloud is expected to account for the largest share during the forecast period in deployment type segment

In 2025, the cloud segment is expected to dominate the market with the largest market share of 52.87% due to software provides faster and more efficient data access to real estate companies, thus increasing their workflow productivity. Moreover, efficient management of large volumes of data is possible through the cloud deployment model that has higher security standards.

IT in Real Estate Market Regional Analysis

“North America Holds the Largest Share in the IT in Real Estate Market”

  • North America holds the largest share of the global real estate market, driven by robust demand across residential, commercial, and industrial sectors
  • Real estate investments in North America are projected to reach marking a 34.58% increase from the previous year
  • Recent interest rate cuts by the Federal Reserve have made commercial real estate more attractive, spurring investment activities
  • The U.S. economy is expected to grow, outpacing the euro area, which supports real estate market expansion
  • The market encompasses a wide range of sectors, including residential, commercial, and industrial, contributing to its dominance

“Asia-Pacific is Projected to Register the Highest CAGR in the IT in Real Estate Market”

  • Asia Pacific is anticipated to experience year-over-year increase in real estate investment volumes
  • Countries such as India, Japan, South Korea, and Singapore are leading the growth, attracting significant investor interest
  • Office, logistics, retail, and hotel assets are witnessing increased demand, driven by strong economic performance and urbanization
  • Several Asia Pacific countries have implemented interest rate cuts, stimulating real estate investment activities
  • Investors are increasingly prioritizing green buildings and renewable energy initiatives, aligning with global sustainability trends

IT in Real Estate Market Share

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, global presence, production sites and facilities, production capacities, 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 market.

The Major Market Leaders Operating in the Market Are:

  • Yardi Systems Inc. (U.S.)
  • Microsoft Corporation (U.S.)
  • SAP (Germany)
  • RealPage Inc. (U.S.)
  • IBM (U.S.)
  • MRI SOFTWARE LLC (U.S.)
  • Oracle (U.S.)
  • Salesforce.com Inc. (U.S.)
  • Accenture (Ireland)
  • Sage Group plc (U.K.)
  • Radici, Partecipazioni SpA (Italy)
  • Cisco Systems, Inc. (U.S.)
  • Infosys Limited (India)
  • Infor (U.S.)
  • Xerox (U.S.)
  • Nuxeo (France)
  • Alfresco Software, Inc. (U.S.)
  • CBRE Group Inc. (U.S.)
  • Jones Lang LaSalle IP Inc. (U.S.)

Latest Developments in Global IT in Real Estate Market

  • In September 2022, HDFC Capital, the subsidiary of the Housing Development Finance Corporation (HDFC), and Invest India, the Indian government's arm to promote investment, jointly announced the launch of a proptech platform HDFC Real Estate Tech Innovators 2022. Launched under HDFC Capital's HDFC Affordable Real Estate and Technology (H@ART) platform, it will identify, recognize and award innovations in fintech, the sales tech, construction tech, and sustainability tech sectors
  • In July 2022, The DMZ announced its partnership with GroundBreak Ventures to launch applications for a specialized PropTech incubator, fuelling the potential for startups to enhance the real estate sector and build advanced enterprises
  • In March 2022, LaSalle Investment Management (LaSalle) announced that it selected RealBlocks to cover its USD 77 billion global real estate business. RealBlocks would handle investor onboarding, KYC/AML, and e-signing of documents to facilitate an easy, digital experience for subscription into all of LaSalle's institutional funds
  • In June 2022, IBM, in partnership with SL Green Realty Corp., announced that SL Green is leveraging IBM sustainability software to help advance their company's environmental, social, and governance (ESG) strategy. SL Green would use software from Envizi, an IBM Company, to better understand and report on its environmental initiatives, identify opportunities for improved efficiency, and further drive sustainability across its extensive real estate operations.
  • In June 2022, Hyland, a content services company, announced the release of its most recent product upgrades and enhanced solutions to support its clients' journey through digital transformation     


SKU-

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking

Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Testimonial
Claudio Rondena Group Business Development & Strategic Marketing Director,
C.O.C Farmaceutici SRL
"This morning we were involved in the first part, the data presentation of MKT analysis, selected abstract from your work. The board team was really impressed and very appreciated, as well."
David Manning - Thermo Fisher Scientific Director, Global Strategic Accounts,
Dear Ricky, I want to thank you for the excellent market analysis (LIMS INSTALLED BASE DATA) that you and your team delivered, especially end of year on short notice. Sachin and Shraddha captured the requirements, determined their path forward and executed quickly.
You, Sachin and Shraddha have been a pleasure to work with – very responsive, professional and thorough. Your work is much appreciated.
Manager - Market Analytics, Uriah D. Avila - Zeus Polymer Solutions
Thank you for all the assistance and the level of detail in the market report. We are very pleased with the results and the customization. We would like to continue to do business.
Business Development Manager, (Pharmaceuticals Partner for Nasal Sprays) | Renaissance Lakewood LLC
DBMR was attentive and engaged while discussing the Global Nasal Spray Market. They understood what we were looking for and was able to provide some examples from the report as requested. DBMR Service team has been responsive as needed. Depending on what my colleagues were looking for, I will recommend your services and would be happy to stay connected in case we can utilize your research in the future.
Business Intelligence and Analytics, Ipsen Biopharm Limited

We are impressed by the CENTRAL PRECOCIOUS PUBERTY (CPP) TREATMENT report - so a BIG thanks to you colleagues.

Competition Analyst, Basler Web

I just wanted to share a quick note and let you know that you guys did a really good job. I’m glad I decided to work with you. I shall continue being associated with your company as long as we have market intelligence needs.

Marketing Director, Buhler Group

It was indeed a good experience, would definitely recommend and come back for future prospects.

COO, A global leader providing Drug Delivery Services

DBMR did an outstanding job on the Global Drug Delivery project, We were extremely impressed by the simple but comprehensive presentation of the study and the quality of work done. This report really helped us to access untapped opportunities across the globe.

Marketing Director, Philips Healthcare

The study was customized to our targets and needs with well-defined milestones. We were impressed by the in-depth customization and inclusion of not only major but also minor players across the globe. The DBMR Market position grid helped us to analyze the market in different dimension which was very helpful for the team to get into the minute details.

Product manager, Fujifilms

Thankful to the team for the amazing coordination, and helping me at the last moment with my presentation. It was indeed a comprehensive report that gave us revenue impacting solution enabling us to plan the right move.

Investor relations, GE Healthcare

Thank you for the report, and addressing our needs in such short time. DBMR has outdone themselves in this project with such short timeframe.

Market Analyst, Medincell

We found the results of this study compelling and will help our organization validate a market we are considering to enter. Thank you for a job well done.

Andrew - Senior Global Marketing Manager, Medtronic (US)

I want to thank you for your help with this report – It’s been very helpful in our business planning and it well organized.

Amarildo - Manager, Global Strategic Alignment MasterCard

We believe the work done by Data Bridge Team for our requirements in the North America Loyalty Management Market was fantastic and would love to continue working with your team moving forward.

Tor Hammer Green Nexus LLc

Thank you for your quick response to this unfortunate circumstance. Please extend my thanks to your reach team. I will be contacting you in the future with further projects

Tommaso Finocchiaro Market Intelligence Specialist Nippon Gasses

I acknowledge the difficulty given by the very short warning for this report, and I think that its quality and your delivering time have been very satisfying. Obviously, as a provider Data Bridge Market Research will be considered as a plus for future needs of Nippon Gases.

Yuki Kopyl (Asian Business Development Department) UENO FOOD TECHNO INDUSTRY, LTD. (JAPAN)

Xylose report was very useful for our team. Thank you very much & hope to work with you again in the future