A glance at the market of real state software (2020-2025)

real state software
Market Research

Considering the fact that many industries are using software-based solutions to pursue their business goals in recent years, real state software & industry also employs such software to communicate with customers, manage organizational resources, content and invoices. Communication with all members of the value chain in order to retain customers and provide better services is the advantage of using these new solutions for real estate with regard to the complexities of its nature.

Market / Industry segment of real state software

Base Year Market size(B$) Duration(YEAR) CAGR(%) Source Name
2019 3.2 9 15.30% Maximize market research
7.96 5 10.10% Market research future
9.378 6 11.57% Business Insider
8.96 8 4.70% Adorit market research
2018 3.08 7 5.50% Research report world

Influencing factors that changes market size of real state software

The size of the market value changes under the influence of many factors; the increase and decrease in the rate of these influential factors leads to changes in the value of the market size, which is provided by direct and reverse drivers in the market of real state software

Direct drivers:

  1. Young population structure
  2. Internet penetration
  3. Increasing number of mobile phones
  4. The need for organizational software in real estate industry

Reverse drivers:

  • Lack of awareness about realtors
  • Government regulations
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This market may also be threatened by following risks:

In all different markets and industries, risk is always one of the factors that business founders should be sufficiently aware of. The first step is risk assessment is identification of risks in the market in order to perform risk management. The market of real state software may also be threatened by following risks:

  • Reputation risk
  • Sales and marketing risk
  • Technology risk
  • Stage of business
  • Litigation risk

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