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Global IT in real estate market is estimated to reach at a CAGR of 13.01% by 2024 insights shared in detailed report

Global IT in real estate market is estimated to reach at a CAGR of 13.01% by 2024 insights shared in detailed report

The new report titled “Global IT in Real Estate Market accounted for USD 6.2 billion in 2016 growing at a CAGR of 13.01% during the forecast period of 2017 to 2024”, also the Global IT in Real Estate Market, By Geography; Enterprise Application (Customer Relationship Management, Enterprise Resource Planning, Enterprise Content Management, Business Intelligence, Business Process Management); Service; Deployment Type; Security Solution – Industry Trends and Forecast to 2024.

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Definition of Global IT in Real Estate Market:

IT in real estate has played a crucial role to cater varied preferences of real estate customers through smart technological solutions. Demand has aroused due to increasing need to manage data and ensure security of sensitive information.

Increasing demand for enterprise applications may act as the major driver in the growth of IT in real estate. On the other side, high cost involved in the technological transition of various business processes may hamper the market.

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  • No of pages: 350

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  • No of Figures: 60

Segmentation of Global IT in Real Estate Market:

The global IT in real estate market is segmented on the basis of enterprise application into customer relationship management, enterprise resource planning, enterprise content management, business intelligence, and business process management.

On the basis of service, the global IT in real estate market is segmented into integration & deployment, consulting, maintenance & support, and others.

On the basis of deployment model, the global IT in real estate market is segmented into on-premises, and cloud.

On the basis of security solution, the global IT in real estate market is segmented into commercial & service, and residential.

On the basis of geography, the global IT in real estate market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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Competitive Analysis:

The report for IT in real estate market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.

The report also measures technology life line curve and market time line to analyze and do more affective investments.

  • No of Tables: 220

Major Market Competitors:

Some of the major players of the global IT in real estate market includes:

  • Microsoft Corporation
  • Yardi Systems, Inc.
  • RealPage, Inc.
  • SAP SE
  • IBM Corporation
  • Oracle
  • MRI Software LLC
  • Salesforce
  • The Sage Group plc
  • Accenture and others.

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Summary of Market Drivers and Restraints:

  • Increasing demand for smart technological solutions
  • Increasing demand for enterprise applications
  • Growing need to manage data and ensure security of sensitive information
  • High cost involved in the technological transition of various business processes
  • Transformation of property management business from physical to online platforms

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Data Bridge Market ResearchData Bridge Market Research
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