Real Estate Software Market Key Reasons For The Present Growth Trends With Detailed Forecast To 2022-2027
Real Estate Software Market was worth US$ 3.69 Bn. in 2020 and total revenue is expected to grow at a rate of 15.31 % CAGR from 2021 to2027, reaching almost US$ 10 Bn. in 2027
Real Estate Software Market Definition:
MMR, market research and consulting organization, has released a new study titled "Real Estate Software market - outlook to 2027". Industries’ constant focus on reducing the operational cost and increased attention on core business, and the need to improve scalability are expected to shape the Real Estate Software market to grow at a CAGR of %.
According to an Analyst at MMR, the Real Estate Software market will experience significant growth during the forecast period due to potential opportunities lying in the market. The market drivers are:
COVID-19 Impact:
Our team is working on the COVID 19 impact on various industry verticals and provide authenticate data to the client this data helps us understand the market situation. To understand the influence and factors of the COVID 19 on the Real Estate Software market with our expert monitoring which explains all the impacting factors and COVID impact on each key player are explained in the report.
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Real Estate Software Market Segmentation:
The market is further divided into Small, Medium, and Large Enterprises based on Application. The growing preference for homeownership, the rise in residential rental properties, the growth in modern infrastructure building, and the expansion of commercial space necessitate real estate software that facilitates associated task tracking such as storage of legal contract documents, property management and transaction updates and history, and ease of handling property accounts.
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Real Estate Software Market Key Players:• Altus Group • Autodesk • AppFolio • Co-star • IBM • Oracle • Yardi Systems • Accruent • Argus Financial Software • MRI Software • RealPage • AMSI Property Management • Propertybase • SAP • IFCA • Mingyuanyun • Kingdee • Yonyou Software • Climbsoft • WxSoft Zhuhai • Microsoft Corporation
The report provides a detailed analysis and forecast of the industry covering the following key features:
Industry outlook includes current and future market drivers, restraints, trends, challenges, emerging technologies, and recent developments.
Key industry developments and key insights
Significant marketing factors such as driver, restraints, opportunity, and challenges
Number of significant companies and their revenue and net income
Other market trends
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