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Real Estate Software - Global Market Outlook (2020-2028)

Real Estate Software - Global Market Outlook (2020-2028)

4.4 (62 reviews)
Published: May 2021 ID: SMRC20501
4.4 (62 reviews)
Published: May 2021 ID: SMRC20501

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Real Estate Software Market is accounted for $5.65 billion in 2020 and is expected to reach $11.68 billion by 2028 growing at a CAGR of 9.5% during the forecast period. Rising urbanization, surge in adoption of new software tools for accurate data software, and decreased risk of errors are the major factors propelling the market growth. However, data privacy and security concerns related with cloud platform are hampering the market growth.

 

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Real estate software contains several software like computer aided drafting software, project management software, structural engineering software, enterprise resource planning, and customer relationship management software. These tools enable customers with certain facilities like expense tracking, video editing, open house management software and other tools streamline listing and simplifying transaction management. Real estate software is designed in a manner that smoothen the processes and minimizes the efforts of the enterprises. The software can find suitable matches for the user’s property needs, allowing them to customize the system. Additionally, the software consists of many features that help enterprises to grow their business operations.

Based on organization size, the small & medium enterprises segment is going to have a lucrative growth during the forecast period owing to the surge in adoption of real estate software tools in these enterprises along with the growth in small and large enterprises globally. In the developing countries there is rise in real estate small and medium enterprises. In these enterprises there is a need of proper software to mitigate errors, sales, planning, procurement and supply chain operations rather than hundreds of spreadsheet and disparate systems. These factors are responsible for positively propelling the growth of the segment.

By geography, North America is going to have a lucrative growth during the forecast period due to the rise in number of immigrants and increasing investments in the real estate sector in the region. The use of customer relationship management tools in various small and medium enterprises has also driven the market growth in North America region.

Some of the key players profiled in the Real Estate Software Market include Accruent, Altus Group, AMSI Property Management, AppFolio, Argus Financial Software, Autodesk, Climbsoft, CoStar, IBM, IFCA, Kingdee, Mingyuanyun, MRI Software, Oracle, Propertybase, RealPage, SAP, WxSoft Zhuhai, Yardi Systems, and Yonyou Software.

Components Covered:
• Services
• Software

Organization Sizes Covered:
• Large Enterprises
• Small & Medium Enterprises

Functions Covered:
• Brokerage Management Software
• Facility Management Software
• Integrated Workplace Management Systems
• Real Estate Asset Management Software

Deployments Covered:
• Cloud Based
• Hybrid
• On-premises

Applications Covered:
• Government
• Real Estate Contractor
• Real Estate Sales Company
• Valuation Company

End Users Covered:
• Architects & Engineers
• Project Managers
• Real Estate Agents

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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