Real Estate Software Market Research Report - Global Forecast till 2027

Global Real Estate Software Market Research Report: By Component (Software, Service), By Deployment (On-Premise, Cloud), Application (Commercial, Residential) and Region (North America, Europe, Asia-Pacific, the Middle East, & Africa and South America) - Forecast till 2027

ID: MRFR/ICT/8081-HCR | February 2021 | Region: Global | 141 pages

Real Estate Software Market Snapshot:


The real estate software consists of several different software solutions used by organizations operating in the real estate industry. These software solutions help enterprises to effectively run their business. Some of the key software includes enterprise resource planning (ERP), customer relationship management (CRM), billing and revenue management, enterprise content management, and others. These software solutions help enterprises to strengthen their relationships with all key stakeholders operating across the value chain including suppliers and customers. The real estate industry is dynamic in nature. There are a number of areas to manage, that create further complexity. Therefore, the need for suitable real estate software comes into the picture. Real estate software is designed in a manner that smoothens the processes and minimizes the efforts of the enterprises. The software can find suitable matches for the user’s property needs, allowing them to customize the system. Additionally, the software consists of many features that help enterprises to grow their business operations.

With the growth in the real estate industry, enterprises in developing regions such as Asia-Pacific, South America, and the Middle East & Africa, are looking for comprehensive solutions that can increase business efficiency. Different software is proving to be helpful for various business operations. For instance, real estate CRM software is helpful for agents to manage all their contacts i.e. buyers and sellers. For any enterprise, maintaining strong relationships with its stakeholders is the key to growing its business. Comprehensive real estate CRM solutions can lead to increased sales and improved operational efficiency. Real estate software offers several benefits to the users. Most of the real estate software offers integration capability with any legacy software. Furthermore, the software helps in the generation of comprehensive reports and also offers an analysis of trends in the sales and business operations.


Overall the global real estate software is driven by an increasing need to manage and analyze aspects of wealth, assets, and transactions in real estate and the growing adoption of cloud-based solutions.


The Real Estate Software Market is expected to register a 10.1% CAGR during the forecast period, reaching USD 12.89 Billion in 2025.


Real Estate Software Market Synopsis:
The Global Real Estate Software Market has been segmented based on Component, Deployment, Application, and Region.


  • Based on component, the real estate software market has been segmented into solution and service. The service segment is further bifurcated into integration & deployment, consulting, and maintenance & support services. The solution segment is further divided into enterprise resource planning, customer relationship management, billing and revenue management (BRM), enterprise content management, and others. The solution segment accounted for the largest share in the overall market in 2018. Many real estate enterprises are deploying such solutions to effectively manage their complex businesses, which is driving the market.

  • Based on deployment, the real estate software market has been segmented into on-premise and cloud-based segments. The cloud-based segment is expected to register the higher CAGR during the forecast period, 2019–2025

  • Based on the application, the real estate software market has been segmented as commercial and residential. The commercial segment accounted for the largest share in the year 2018, and it is expected to account for the largest share in the forecast period as well.


Real Estate Software Market Regional Analysis:
Geographically, the global real estate software market has been segmented into the Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.


North America leads the market in terms of market share in the global real estate software market. Some of the factors that are responsible for the growth of the market include continuous investments and focus on real estate software among enterprises of all sizes. The presence of several software providers in the market is another factor that significantly contributed to growth in the North America real estate software market in the year 2018. North America has been segmented into the US, Canada, and Mexico. According to MRFR analysis, the US is expected to gain the highest market share, followed by Canada and Mexico. The real estate software market in this region is expected to grow due to the increasing demand for cloud-based software solutions.


Europe has occupied the second position in the market. For the purpose of this study, Europe has been categorized into the UK, Germany, France, Italy and the rest of Europe. Among these, the UK accounted for the largest share in the overall market. However, the rest of Europe is expected to register the highest CAGR during the forecast period.


Real Estate Software Market Companies Covered:
The Key Players of the Global Real Estate Software Market are IBM Corporation (US), Accruent (US), Trimble, Inc. (US), Yardi Systems (US), RealPage (US), MRI Software (US), Fiserv, Inc. (US), Oracle Corporation (US), SAP SE (Germany), Autodesk, Inc. (US), CoStar Group, Inc. (US) and NEMETSCHEK, INC (Germany)


Key Developments:



  • In January 2020, IBM added AI capabilities to its TRIRIGA real estate and facilities management software. The new intelligent features are meant to help real estate and facility managers optimize office space and improve the workplace experience.



  • In May 2018, Trimble, Inc. launched version 35 of its Manhattan™ Integrated Workplace Management System (IWMS). The new version includes a new user interface (UI), which has been designed to place a much greater emphasis on efficiency, ease-of-use, and user productivity.


Key Questions Addressed by the Report



  • What was the historic market size (2018)?

  • Which segmentations (component/deployment/application) are driving the market?

  • What will be the growth rate by 2025?

  • Who are the key players in this market?

  • What are the strategies adopted by key players?



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 12.89 Billion (2025)
  CAGR   10.1% (2018-2025)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Component, By Deployment
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   IBM Corporation (US), Accruent (US), Trimble, Inc. (US), Yardi Systems (US), RealPage (US), MRI Software (US), Fiserv, Inc. (US), Oracle Corporation (US), SAP SE (Germany), Autodesk, Inc. (US), CoStar Group, Inc. (US) and NEMETSCHEK, INC (Germany)
  Key Market Opportunities   The presence of several software providers in the market is another factor that significantly contributed to growth in the North America real estate software market in the year 2018.
  Key Market Drivers   The expansion of construction field can drive the market.


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Frequently Asked Questions (FAQ) :


The global real estate software market can rise at 10.1% CAGR by 2025.

The market can value at USD 12.89 Billion by 2025.

Commercial and residential are some real estate software applications.

Fiserv, Inc. (US), SAP SE (Germany), and Oracle Corporation (US) some reputed names in real estate software market.

The expansion of construction field can drive the market.