IT in Real Estate Market Growth to Hit at a CAGR 17.1%, Globally, by 2030

IT in Real Estate Market Growth to Hit at a CAGR 17.1%, Globally, by 2030 - DBMR

Author : aavika shinde | Published On : 29 Mar 2024

When it comes to developing long-term and lucrative business plans, valuable and applicable market insights are crucial. A business study on the IT in Real Estate Market is very helpful when planning production, new product launches, pricing, inventories, acquisitions, and marketing tactics. Categorization by companies, region, type, and end-use industry is provided in this market analysis. This market research report holds the key to better decision-making, increased income generation, and profitable business ventures. Every stage of the industrial process lifecycle, including engagement, acquisition, retention, and monetization, is measured and optimized with the aid of this report. Many facets of the IT in Real Estate Market market are covered in a reliable research report.

Explore Further Details about This Research IT in Real Estate Market Report https://www.databridgemarketresearch.com/reports/global-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.

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.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
IT in Real Estate MarketSize, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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