Real Estate Software Market Size & Growth Report, 2022-2030

The global Real Estate Software market size is expected to be worth around US$ 20.66 billion by 2030, according to a new report by Vision Research Reports.

The global Real Estate Software market size was valued at US$ 10.34 billion in 2020 and is anticipated to grow at a CAGR of 10.7% during forecast period 2022 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 5.69 billion by 2030
Growth Rate CAGR of 12.3% From 2022 to 2030
Largest Market North America
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Deployment, End-use, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Altus Group Ltd.; Autodesk Inc.; CoStar Realty Information Inc.; Microsoft Corporation; MRI Software LLC; Oracle Corporation; RealPage Inc.; SAP SE; Trimble Inc.; Yardi Systems Inc.

Growth Factors

Factors such as a rise in commercial and residential real estate activities, rising urbanization, and the adoption of new software tools for reducing manual errors are driving the market. Technological advancements, the rising implementation of cloud and Artificial Intelligence (AI), and the rising demand for better business workflows are favoring the market growth. Moreover, the increase in smart city development projects is driving the demand for real estate software.

The benefits of real estate software, including improved business productivity, are also driving the market growth. Since a real estate business spans numerous areas such as social media, websites, and online advertising, the demand for effective real estate management tools is rising. Furthermore, manually creating and maintaining separate accounts for each area of work could be time-consuming due to a rise in the number of clients and requirements. Businesses are adopting real estate software to solve these issues and improve business productivity standards.

By Type Analysis

The Customer Relationship Management (CRM) software segment dominated the market in 2020 and accounted for nearly 25% of the revenue share. CRM software supports realtors in staying organized, moving tenants, following up with potential buyers, and closing sales deals on properties.

CRM software also helps improve productivity and efficiency by speeding up routine processes and keeping customers and clients up to date about recent updates. The adoption of smart technologies and enterprise applications for project management could further drive the segment growth.

The contract software segment is expected to grow significantly from 2022 to 2030, registering a CAGR of more than 11.05%. Contract management software can assist in tightening inspection, compliance with regulatory requirements, reducing investor fears, and building customer trust.

By Deployment Analysis

The cloud segment dominated the market in 2020 and is expected to expand at more than 12% CAGR from 2022 to 2030. Cloud-based software provides faster and efficient data access to real estate companies, thus increasing their workflow productivity.

The significant growth in construction activities globally is expected to drive the usage of cloud technologies to better manage businesses and help improve efficiency and productivity by using data to streamline processes.

As compared to the on-premise deployment model, the cloud model does not require additional hardware, making it cost-efficient and economical for small-scale businesses. Furthermore, the storage capacity of the cloud can be easily upgraded or downsized based on requirements and the pay-as-you-go feature makes it more attractive.

Cloud-based construction and project management solutions offer organizations functionalities such as project management, scheduling, and automating tasks into a single dashboard, which could deflate the demand for on-premise solutions.

By Application Analysis

The residential application segment captured the largest share of nearly 55% in 2020. However, the commercial application is projected to emerge as the fastest-growing segment over the forecast period. Real estate software demand in the residential and commercial sectors has seen significant growth in recent years.

Real estate software helps residential and commercial property builders to track associated tasks such as transaction updates, storage of legal documents, property management, and easy handling of property accounts.

By End-use Analysis

Real estate software is majorly used by architects and engineers, owing to which the architects and engineers segment captured nearly 40% of the overall revenue share in 2020. The segment is expected to continue to dominate the market during the forecast period as well.

Real estate software ensures the easy and quick generation of these reports, allowing engineers and architects to focus on their core tasks. Additionally, real estate software helps provide interactive, virtual tours of property that can be used by architects to provide customers a better understanding of their designs.

The real estate agents segment is expected to emerge as the fastest-growing segment over the forecast period. This can be attributed to the increase in the adoption of digital technologies such as VR, AI, and blockchain in the real estate industry.

By Regional Analysis

North America dominated the market for real estate software in 2020 and accounted for nearly 35% share of the global revenue. An increase in urbanization and infrastructure development activities and the adoption of new technologies for various commercial and residential applications are positively impacting the market growth in this region.

Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth is attributed to the favorable development of regional economies and the promising expansion of the construction industry.

Key Players

  • Altus Group Ltd.
  • Autodesk Inc.
  • CoStar Realty Information Inc.
  • Microsoft Corporation
  • MRI Software LLC
  • Oracle Corporation
  • RealPage Inc.
  • SAP SE
  • Trimble Inc.
  • Yardi Systems Inc.

Market Segmentation

  • By Type
    • Customer Relationship Management Software
    • Enterprise Resource Planning Software
    • Property Management Software
    • Contract Software
    • Others
  • By Deployment
    • Cloud
    • On-premise
  • By End-use
    • Architects & Engineers
    • Project Managers
    • Real Estate Agents
    • Others
  • By Application
    • Commercial
    • Residential
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and End-use Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Real Estate Software Market, By Type

7.1.  Real Estate Software Market, by Type, 2021-2030

7.1.1.    Customer Relationship Management Software

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Enterprise Resource Planning Software

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Property Management Software

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Contract Software

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Others

7.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Real Estate Software Market, By Deployment

8.1.  Real Estate Software Market, by Deployment, 2021-2030

8.1.1.    Cloud

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    On-premise

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Real Estate Software Market, By End-use

9.1.  Real Estate Software Market, by End-use, 2021-2030

9.1.1.    Architects & Engineers

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Project Managers

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Real Estate Agents

9.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Real Estate Software Market, By Application

10.1.        Real Estate Software Market, by Application, 2021-2030

10.1.1.  Commercial

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Residential

10.1.2.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Real Estate Software Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Type (2017-2030)

11.1.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.1.3.  Market Revenue and Forecast, by End-use (2017-2030)

11.1.4.  Market Revenue and Forecast, by Application (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Type (2017-2030)

11.2.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.2.3.  Market Revenue and Forecast, by End-use (2017-2030)

11.2.4.  Market Revenue and Forecast, by Application (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Type (2017-2030)

11.3.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.3.3.  Market Revenue and Forecast, by End-use (2017-2030)

11.3.4.  Market Revenue and Forecast, by Application (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Type (2017-2030)

11.4.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.4.3.  Market Revenue and Forecast, by End-use (2017-2030)

11.4.4.  Market Revenue and Forecast, by Application (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by Application (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Type (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Type (2017-2030)

11.5.2.  Market Revenue and Forecast, by Deployment (2017-2030)

11.5.3.  Market Revenue and Forecast, by End-use (2017-2030)

11.5.4.  Market Revenue and Forecast, by Application (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by Application (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Type (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Deployment (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by End-use (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 12.  Company Profiles

12.1.              Altus Group Ltd.

12.1.1.  Company Overview

12.1.2.  Type Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              Autodesk Inc.

12.2.1.  Company Overview

12.2.2.  Type Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              CoStar Realty Information Inc.

12.3.1.  Company Overview

12.3.2.  Type Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              Microsoft Corporation

12.4.1.  Company Overview

12.4.2.  Type Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              MRI Software LLC

12.5.1.  Company Overview

12.5.2.  Type Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

12.6.              Oracle Corporation

12.6.1.  Company Overview

12.6.2.  Type Offerings

12.6.3.  Financial Performance

12.6.4.  Recent Initiatives

12.7.              RealPage Inc.

12.7.1.  Company Overview

12.7.2.  Type Offerings

12.7.3.  Financial Performance

12.7.4.  Recent Initiatives

12.8.              SAP SE

12.8.1.  Company Overview

12.8.2.  Type Offerings

12.8.3.  Financial Performance

12.8.4.  Recent Initiatives

12.9.              Trimble Inc.

12.9.1.  Company Overview

12.9.2.  Type Offerings

12.9.3.  Financial Performance

12.9.4.  Recent Initiatives

12.10.           Yardi Systems Inc.

12.10.1.               Company Overview

12.10.2.               Type Offerings

12.10.3.               Financial Performance

12.10.4.               Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

14.2.              Glossary of Terms

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