Surge In Real Estate Activities Drives Growth In The Real Estate Software Market: A Key Catalyst Accelerating Global Real Estate Software Market Growth in 2025

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Real Estate Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of real estate software has been experiencing robust growth lately. It is projected to increase from $11.71 billion in 2024 to $12.7 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.5%. Factors such as market adoption, regulatory framework, competitive scenarios, economic influences, and user preferences have contributed to the growth during the historical period.

Real Estate Software Market Size Forecast: What's the Projected Valuation by 2029?
The market size of real estate software is projected to expand rapidly in the coming years, with an estimated worth of $19.34 billion by 2029, boasting a compound annual growth rate (CAGR) of 11.1%. The predicted growth during the forecast period can be linked to various factors such as demographic changes, user needs and anticipations, worldwide economic patterns, integration with other systems, and the rise of remote work and flexibility. The predominant trends for the said period comprise emerging technologies, technological progress, mobile applications, sustainability and green technologies, digitalization and automation, along with the advent of blockchain technology.

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What Are the Drivers Transforming the Real Estate Software Market?
As commercial and residential real estate activities continue to surge, an upward trajectory in the real estate software market is anticipated. Major real estate enterprises are leveraging software solutions to keep service interruptions at bay, curtail human errors, efficiently allocate responsibilities for high-volume projects, minimize communication gaps, and regulate finances. To illustrate, Stats NZ Tatauranga Aotearoa, a government data agency located in New Zealand, reported a 3.8% increment in building activities in September 2022. Beyond this, there was a 3.1% growth in Residential building activities and 4.9% rise in non-residential building activity, noted in the same quarter. Consequently, the burgeoning number of elite apartments, houses, and skyscrapers in emerging economies are propelling the expansion of the real estate software market.

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What Long-Term Trends Will Define the Future of the Real Estate Software Market?
The increasing incorporation of artificial intelligence and machine learning in the real estate software market is a notable trend. Artificial intelligence allows software to assist real estate businesses in numerous areas, such as marketing, property management, leasing, accounting, and operations. One recent advancement is the emergence of virtual tours in the real estate market, facilitated by AI. This allows for properties still under construction or for international customers to have a complete 3D view of the units. For example, in August 2024, reAlpha Tech Corp., a company specializing in the generation and commercial usage of AI in real estate, introduced the reAlpha Super App for mobile devices. The Super App, which works in conjunction with their online platform, offers a complete real estate experience without any commission. It combines Claire, reAlpha's AI buyer agent, with the availability of a licensed human agent, and various homebuying tools, like title and escrow agent services.

Which Segments in the Real Estate Software Market Offer the Most Profit Potential?
The real estate softwaremarket covered in this report is segmented -

1) By Product: Enterprise Resource Planning (ERP), Property Management System (PMS), Customer Relationship Management (CRM)
2) By Deployment Type: Cloud, On-Premise
3) By Application: Commercial, Residential

Subsegments:
1) By Enterprise Resource Planning (ERP): Financial Management, Project Management, Supply Chain Management
2) By Property Management System (PMS): Tenant Management, Lease Tracking, Maintenance Management
3) By Customer Relationship Management (CRM): Lead Management, Sales Tracking, Marketing Automation

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Which Firms Dominate the Real Estate Software Market by Market Share and Revenue in 2025?
Major companies operating in the real estate software market include Microsoft Corporation, International Business Machines Corporation, Oracle Corporation, SAP SE, Fiserv Inc., Constellation Software Inc., Dassault Systèmes SE, Autodesk Inc., Trimble Inc., CoStar Group Inc., Zillow Group Inc., RealPage Inc., Yardi Systems Inc., Altus Group Ltd., AppFolio Inc., Entrata Inc., MRI Software LLC, Redfin Corporation, Buildertrend Solutions Inc., Accruent LLC, Inside Real Estate LLC, Propertybase LLC, ServusConnect LLC, AMTdirect LLC, Procore Technologies Inc., CoreLogic Inc., Zoho Corporation Pvt Ltd., Newforma Inc.

Which Regions Offer the Highest Growth Potential in the Real Estate Software Market?
North America was the largest region in the real estate software market in 2024. The regions covered in the real estate software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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