IT in Real Estate Market 2018 Overview by Global Industry Revenue, Size & Share, Growing Demand, Latest Technology, Competitive Landscape Analysis to 2023

Real estate and IT sector are the major drivers of growth in China. Real estate industry is believed to play a significant role in Chinese economic growth and social progress. The real estate prices is consistently falling down, as buyers are likely to hold off on purchases, whereas investor’s cash are in losses. This will result in the reducing the demand for the real estate, resulting in price fall.

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The real estate market in China is come up with new developments, however it is difficult to read the industry movement whether there will be a slow stabilization of prices or a housing crisis. Thus, the market will not boom like it did in 1990s, due to the signs of substantial volatility.

Capital flow in Chinese real estate sector is quite huge. The competitive landscape of the market across the globe is fragmented as there are number of new entrants emerging in the market which influence the new technologies including artificial intelligence, virtual reality as well as blockchain. Highly competitive landscape of global Real Estate Management Software is fragmented because companies leveraging innovative technologies such as Artificial Intelligence, Virtual Reality/ Augmented Reality and blockchain.

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Loophole of Chinese real estate is the absence of transparency. By infusing blockchain in real estate sector, transparency can be easily achieved as this technology ensures all records to be wrapped with encryption and the ledger forbids any sort of hacking. As a result, changes are not applicable once the transaction is accomplished. On the other hand, transactions encompassed lucidity when completed with blockchain in real estate, as payments can be send and received even after working hours. This eliminates the demand for intermediaries needed in transactions, and instead ensures fast and smooth transactions. Frauds gets banished due to the thorough background check, achieved with the help of blockchain. Certainly, this will boost the growth of real estate management software market.      

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IT in Real Estate  market is expected to rise further through the forecast period of 2018-2023 and players looking to make the most of it can be vastly benefited from what the report has to offer. The SWOT analysis, statistical data, graphs, charts, and tables being presented in the most simplistic format to make it easier for the customers to consume the information is a mainstay of the report; it being equally useful for academicians. The report provides a holistic and birds eye view of the market so that the customers can take the best steps towards realizing their targets and success in the Global and Chinese IT in Real Estate  market.

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