IT in Real Estate Market 2022 Competitive Insights and Precise Outlook - SAP SE, The Sage Group PLC, Yardi Systems Inc., Buildium LLC, MRI Software LLC, RealPage Inc

The IT in Real Estate Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The IT market in real estate was valued at USD 6.75 billion in 2020 and is expected to reach a value of USD 13.46 billion, by 2026, at a CAGR of 12.2%, over the forecast period (2021-2026).

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Top Leading Companies of IT in Real Estate Market are SAP SE, The Sage Group PLC, Yardi Systems Inc., Buildium LLC, MRI Software LLC, RealPage Inc., AppFolio Inc, IBM Corporation, Oracle Corporation, Salesforce.com and others.

Industry News and Updates

SAP SE collaborated with Acc-enture, Capgemini, and Deloitte, to accelerate customer adoption of SAP S/4HANA cloud (one of the most deployed ERPs), in the process manufacturing, discrete manufacturing, and service industries.

- Sage launched an independent study that revealed the significant savings made by businesses in three major industries, after the implementation of Sage Business Cloud Enterprise Management. The study objectively examined the potential return on investment (ROI) that organizations may realize, by deploying Sage Business Cloud Enterprise Management (formerly Sage X3).

Key Market Trends

North American Region is Expected to Account for the Largest Share

- The real estate industry in North America seems to be on an accelerating disruption curve, highlighted by rapid changes in tenant dynamics, customer demographic shifts, and ever-increasing needs for better and faster data access to allow improved service and amenities.

- In the United States, investor sentiment related to real estate remains positive but has weakened over the past year, owing to uncertainty over economic policy and rising interest rates.

- Demand for the multi-family sector remains steady with demographic pressures from millennials and a strong labor market. Moreover, with vacancy rates in the US industrial market at 4.6% as of Q3, 2017, rents have increased significantly across core markets. Also, as per Q2, 2017, CBRE Economic Advisors reported an average net asking rent of USD 6.8 per square foot, which was the highest level on record.

- Apart from that, investment volumes decreased year-over-year by 8%, due to tightening monetary policy and uncertainty over economic policies.

Regional Outlook of IT in Real Estate Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The IT in Real Estate Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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