Global Real Estate Software Market, Application (Small Enterprises, Medium Enterprises, and Large Enterprises), Product (ERP, PMS, CRM, Others), 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 Real Estate Software Market
The real estate software market will reach at an estimated value of USD 17.06 billion and grow at a CAGR of 9.80% in the forecast period of 2021 to 2028. Rise in the demand for smart technological solutions in the real estate sector to cater to varied preferences of real estate customers is an essential factor driving the real estate software market.
Real estate CRM is defined as a unique solution which is designed for real estate agencies and property agents. It's an end-to-end software which agents use to manage property leads, automate daily booking operations, for project management, as well as for generating intelligent reports that provide insight
Rise in the growth in need to manage data and ensure security of sensitive information is a crucial factor accelerating the market growth, also rise in the rapid growth in urbanization and new technologies of real estate software along with the surge in adoption of these software for numerous residential and commercial applications, growing industrial sectors, rise in the urbanization and surge in adoption of new software and growth in residential commercial sectors are the major factors among others boosting the real estate software market. Moreover, rise in the demand from emerging economies and rise in the research and development activities in the market will further create new opportunities for real estate software market in the forecast period mentioned above.
However, increase in the cost involved in the technological transition of various business processes and continuous transformation of property management business from physical to online platforms are the major factors among others restraining the market growth, while lack of knowledge and awareness regarding technical solutions will further challenge the real estate software market in the forecast period mentioned above.
This real estate software 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 the real estate software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Real Estate Software Market Scope and Market Size
The real estate software market is segmented on the basis of application and product. 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 real estate software market is segmented into small enterprises, medium enterprises, and large enterprises.
- The real estate software market is also segmented on the basis of product into ERP, PMS, CRM and others.
Real Estate Software Market Scope Country Level Analysis
The real estate software market is analysed and market size, volume information is provided by country, application and product as referenced above.
The countries covered in the real estate software market report are 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 the real estate software market due to increase in the rapid growth in urbanization and new technologies of real estate software along with the surge in adoption of these software for numerous residential and commercial applications.
The country section of the real estate software market 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 Real Estate Software Market Share Analysis
The real estate software 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 real estate software market.
The major players covered in real estate software market report are Accruent, Altus Group Limited and/or its affiliates, MRI Software LLC, RealPage, Inc, Yardi Systems, Inc, SMR Group, Microsoft Corporation, CoStar Realty Information Inc, Trimble Inc and Propertybase 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.
SKU-