Dallas,Texas, April 18, 2019 (GLOBE NEWSWIRE) — Large number working class people migrating into tier 1 cities is the key factor propelling the demand for global real estate management software market.
The global real estate management software market is anticipated to reach USD 12.89 Billion by 2025. Growing urban population, need for paperless & centralized real estate solutions and rising technological innovation are few the factors that have led to the increase in opportunities for real estate players.
The market research report on real estate management software market assesses the industry growth and scenario for the period ranging from 2013 to 2025. The report highlights the historic trends from 2013 to 2018 and market forecast from 2019 to 2025. The report studies the present market global trends. The global real estate management software market is segmented on the basis of product, application, and region.
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The report also includes numerous aspects of the real estate management software market by assessing the market using risk, challenges, and opportunities. The report includes numerous qualitative aspects of the real estate management software industry in market drivers, restraints and key industry trends. Furthermore, the study delivers an in-depth assessment of the industry company profiles of global real estate software providers.
On the basis of product, the global real estate management software is segmented into ERP, PMS, CRM, and others. CRM accounted for USD 2.69 Billion in the global real estate software market in the year 2017 and is expected to grow at CAGR of 5.0% during the forecast year. CRM software assists in lead handling, contract & transaction management, follow-ups, and client data management. Features of CRM software is the key factor driving the fast adoption of CRM at end-user industries.
The “Global Real Estate Management Software Market Size 2017 by Type (Delivery, Takeaway), by Application (Non-family, Family), By Region (US, Canada, Mexico, Brazil, Rest of America, Germany, UK, Italy, France, Spain, Rest of Europe, China, India, Japan, South Korea, Australia, Southeast Asia and Rest of APAC, Egypt, GCC Countries, Israel, Turkey, South Africa, & Rest of MEA) and Forecast 2018 to 2025” study provides an elaborative view of historic, present and forecasted market estimates.
On the basis of end-user/application, the market is bifurcated into small, medium and large enterprises. Large enterprises use facilities management, real estate analytics software, and space & construction management. Further, the need for customization in advanced software solution is attracting large scale enterprises to adopt real estate software, which boosts the growth of the real estate software market in large scale enterprises. Large scale enterprises sub-segment is expected to grow at CAGR of 2.6% in the forecast year.
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The key players operating in global real estate software management market are Accruent, MRI Software, Yardi Systems, AMSI Property Management, CoStar Realty Information Inc., Propertybase, RealPage, Argus Financial Software, Microsoft Corporation, Trimble Inc., CDK Global LLC, Bentley Systems Inc., Oracle Corp, SAP America, Inc., IFCA MSC Berhad, Kingdee International Software Group Company Limited, Yonyou Network Co., Ltd., LanTrax Inc. and others.
The acquisition is a key strategy widely adopted by major players in the real estate software market. This strategy assists major players to gain competitive advantage. Major companies have acquired smaller companies to offer more customized and streamline solution to their end-users. Acquisitions also assist in diversifying product portfolio, strengthen market position by growing its market share. For instance, In February 2018, Oracle Corp acquired a company in construction management platform named Aconex Limited to strengthen Oracle Corp cloud-based construction software. Similarly, other strategies such as mergers, agreements, partnership, and collaborations are adopted by companies to strengthen their presence in the market, minimize monetary risks, and launch new solutions and others.
Major points from Table of Contents:
Chapter 1 Industry Overview
Chapter 2 Global Real Estate Software Competition Analysis by Players
Chapter 3 Company (Top Players) Profiles and Key Data
Chapter 4 Global Real Estate Software Market Size by Product and Application (2013-2018)
Chapter 5 North America Real Estate Software Development Status and Outlook
Chapter 6 EU Real Estate Software Development Status and Outlook
Chapter 7 APAC Real Estate Software Development Status and Outlook
Chapter 8 Market Forecast by Regions, Product and Application (2018-2025)
Chapter 9 Real Estate Software Market Dynamics
Chapter 10 Market Effect Factors Analysis
Chapter 11 Research Finding/Conclusion
Chapter 12 Appendix
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