Market Overview

Global Real Estate Software Market 2018-2022| Use of Blockchain in Real Estate Management Software to Boost Growth| Technavio

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The global real estate software market is expected to post a CAGR over
8% during the period 2018-2022, according to the latest market research
report by Technavio.

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Technavio has published a new market research report on the global real estate software market from  ...

Technavio has published a new market research report on the global real estate software market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is increasing middle-class
population in developing economies. Economic activities in developing
economies such as China, India, and South Africa have led to a rise in
per-capita income. The increase in household incomes has led to a rise
in property purchase. The rise in the number of first-time property
buyers in these countries accelerated the demand for residential
properties. Real estate software helps real estate entities in all
aspects of real-estate development right from planning designs to the
actual sales of properties. In today's global markets, this software has
become vital for property construction.

This market research report on the global
real estate software market 2018-2022
also provides an analysis
of the most important trends expected to impact the market outlook
during the forecast period. Technavio classifies an emerging trend as a
major factor that has the potential to significantly impact the market
and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the use of blockchain in real
estate management as one of the key emerging trends in the global real
estate software market:

Global real estate software market: use of
blockchain in real estate management software

Real estate sector lacks transparency. Blockchain can help the real
estate sector in increasing transparency. The blockchain technology
ensures that every record is encrypted, and the ledger is hackproof. As
a result, once the transactions are completed, changes cannot be
incorporated. With the help of blockchain real estate transactions,
payments can be received instantly even after working hours. The
technology eliminates the need for middlemen involved in transactions
and ensures smooth and fast transactions. Blockchain helps reduce frauds
in the real-estate sector by conducting thorough background checks and
is thus expected to boost the growth of the market in the forthcoming
years.

"Increased household income has led to people spending more on
traveling and investing in commercial properties. An increased use of
blockchain in real estate management software is seen to protect
consumers interests from external factors. Advantages offered by
blockchain are likely to cause a shift from traditional methods to
blockchain based real estate transactions, which augurs well for the
growth of the market during the forecast period," says a
senior
analyst at Technavio for research on enterprise application.

Global real estate software market:
Segmentation analysis

This market research report segments the global real estate software
market by deployment (on-premises, and cloud-based), by end-users
(architects and engineers, project managers, and real estate agents) and
by geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of nearly 43%,
followed by EMEA and APAC, respectively. However, during the forecast
period, the APAC region is predicted to have the highest incremental
growth followed by the EMEA region. Americas is expected to see a
commensurate decline in its market share.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

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