REAL ESTATE SOFTWARE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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Integration of advanced technologies in real estate software

Global real estate industry has been embracing new and emerging technologies in order to enhance consumer experience, streamline operations, and gain competitive advantage. Real estate firms are increasingly integrating technologies such as artificial intelligence, big data analytics, blockchain, virtual/augmented reality, and Internet of Things into their software solutions. For instance, AI capabilities are being added to automate various routine tasks such as document verification, lease abstraction, contract reviews, and predictive maintenance. Real estate firms are utilizing big data analytics to gain valuable insights from vast customer and property datasets to improve business decisions. Blockchain is bringing more transparency to transactions by recording immutable property records. Virtual and augmented reality technologies are enhancing online property browsing experience for consumers and improving design/construction planning for developers. Integration of IoT solutions enable remote monitoring and management of commercial properties for optimal performance. Such incorporation of advanced technologies into real estate software solutions is leading to higher productivity, lower costs, and improved services. This emerging technology-driven trend is expected to significantly propel the growth of global real estate software market over the coming years as more organizations invest in next-generation real estate platforms.

• Accruent
• Altus Group Ltd.
• AppFolio, Inc.
• Aareon
• Autodesk Inc.
• CoStar Group
• Entrata
• IBM Corporation
• Intuit Inc.
• MRI Software LLC
• Microsoft
• Oracle Corporation
• RealPage
• Trimble Inc.
• Yardi Systems