Real Estate Management Software Market 2018: Analysis, Research, Tenders, Growth, Tendencies and Forecast to 2025

Adroit Market Research
Global Real Estate Management
Software Market Size 2017
By Product (ERP, PMS, CRM), By Application (Small
Enterprise, Medium Enterprise, Large Enterprise), By
Region and Forecast 2017 to 2025
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Global Real Estate Management Software Market Size And Forecast 2013-2025
• The global market for real estate management software is expected to grow at a CAGR of 4.7% by 2025. Increasing
demand for sophisticated real estate solutions and the new regulatory frameworks formed by different government
bodies after the 2008 recession worldwide, have influenced the increasing demand for real estate management software.
• Growing urbanization and migrating working class people into new cities have opened new gates for real estate sector.
Investors in real estate sector are smarter than that of a decade ago, resulting in increased expectations and requirement
for sophisticated management software. Most of the real estate stakeholders work independently in a non-integrated way
resulting in complex workflow processes. Also, most of the real estate processes are paper-based which in-turn, increase
the risk of errors and inefficiency. All these challenges turn out to be opportunities for new product developers and service
providers in real estate sector and drive the market.
• The growth of real sector in developing countries such as India, China and others is complimented by increasing corporate
environment. In developed regions of North America and Europe, the real estate investors are shifting their focus towards
second-tier cities away from expensive markets. Due to this transition, well established companies are constantly willing to
adapt new technologies and to overcome the competition from various emerging players.
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Global Real Estate Management Software Market Size And Forecast 2013-2025
• According to the type, the real estate software can be further segmented as Enterprise Resource Planning software
(ERP), Customer Relationship Management software (CRM), Property Management software (PMS) and others. Real
estate ERP software has the highest share amongst all and is forecasted to grow at a CAGR of 4.8% by 2025. This is
because ERP software assists the real estate businesses to streamline their business process and to secure the gathered
data of customers, project and other activities. Also, this software can monitor data or can track real-time data of
multiple projects simultaneously and offer a consolidated information in the form of reports to the users.
• The U.S dominates the North America real estate software market and thus defines the trends for the region. Home
flipping and rent occupied housing units are rising gradually driving the growth of the real estate sector owing to which
companies in this segment in the U.S. are likely to switch to software for smooth management of their business
operations. For instance, Airbnb is a software company that rents residential property to the users through their
phone/web application across the globe. Also, WeWork, an American company started in 2010, provides shared
workspaces for freelancers, entrepreneurs or small businesses.
• There is a huge flow of capital into this sector and it will flow to companies that could use technology to differentiate
themselves from the competitors. The competitive landscape of the global real estate management software market is
highly fragmented due to emerging companies which leverage new technologies such as blockchain, Artificial Intelligence
(AI) and Virtual Relaity (VR)/Augmented Reality (AR). For example, Ubitquity, LLC, founded in 2015, provides a beta
version of blockchain-secured platform for recordkeeping.
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Key segments of the Global Real Estate Management Software Market
Product Overview, 2013-2025 (USD Million)
• ERP
• PMS
• CRM
• Others
End-users/Application Overview, 2013-2025 (USD Million)
• Small enterprise
• Medium enterprise
• Large enterprise
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Key segments of the Global Real Estate Management Software Market
Regional Overview, 2013-2025 (USD Million)
• North America
• Europe
• Asia Pacific
• Rest of the world
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The global market for real estate management software is expected to grow at a CAGR of 4.7% by 2025. Increasing demand for sophisticated real estate solutions and the new regulatory frameworks formed by different government bodies after the 2008 recession worldwide, have influenced the increasing demand for real estate management software.