Research study of the global IT market in the real estate market 2020 including growth factors, types and application until 2024 – Scientect

Risk mitigation is an essential part of the way Big Data is transforming the real estate industry. Open data on the Internet and a variety of Big Data tools added a great force for analysis in making decisions to choose the right property or home. It equipped customers with valuable information by extracting the data and cross-analyzing it. Large real estate agencies, such as Realtor, are pioneers in these tools and provide an estimated forecast of property value from 1 to 10 years. In addition, they provide insight into neighborhood trends, estimate mortgage payment, cost of ownership, property history, and current value. The calculation is based on a variety of public data records, market information, user data points by using an internally developed Big Data analysis formula.

Market dynamics: –

• Drivers: (developing regions and growing markets)
• Limitations: (Regional, Issues faced by key players, Future barriers to growth)
• Opportunities: (Regional, Growth Rate, Competitive, Consumption)

The report provides key statistics on the state of the IT market in the Real Estate Manufacturers Market and is a valuable source of guidance and direction for companies and individuals interested in the IT in Real Estate market.

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Key questions answered in the report include:

• What will be the market size of the IT real estate market and the growth rate in 2024?
• What are the key factors driving the global IT market in the real estate market?
• What are the key market trends affecting the growth of the global IT market in the real estate market?
• What are the challenges for the IT market in the growth of the real estate market?
• Who are the key vendors in the global IT market in the real estate market?
• What are the market opportunities and threats faced by providers in the global IT market in the real estate market?
• Trend factors that influence the IT market in the real estate market shares of the relevant regions.
• What are the key results of the analysis of the five global IT market forces in the real estate market?

Key Market Trends:

Cloud deployment type to account for meaningful participation

The digital transformation has created a growing demand for connectivity. The explosion of big data with the Internet of Things (IoT) and the constant technological innovations to efficiently manage the complex real estate portfolio require simply connected IT solutions. • Implementing these solutions on premises requires the purchase of different servers for a different solution. , which not only increases layoffs, but also leads to additional employment requirement, further increasing the cost of project completion.
Therefore, with a cloud-based solution, such as SAP Cloud for Real Estate, facility managers and lease managers can manage real estate leases, with all payment and valuation postings being recorded in real time within SAP S / 4HANA, providing real estate providers with a comprehensive solution to manage operations without additional infrastructure or employment costs.
Stakeholders in the real estate industry rely heavily on physical paperwork and must carry documentation on the go. While employees can access their digital library of files while on the premises (unless the company has not digitized their records), real estate agents are burdened by this problem when they are out of the office.
Further development in the market are platforms for smart contracts and the issuance and transfer of assets through a blockchain. For example, ChromaWay, which has partnered with LHV Bank to develop such systems. Thus, it is expected that leaders in the documentation market, such as DocuSign, will soon invest actively in the aforementioned technology.

The North American region accounts for the majority

The real estate industry in North America appears to be on an accelerated disruption curve highlighted by rapid changes in tenant dynamics, changing customer demographics, and increasing needs for faster and better access to data to enable better service. and amenities.
In the United States, investor sentiment related to real estate remains positive, but has weakened over the past year due to uncertainty over economic policy and rising interest rates.
Demand from the multifamily sector remains stable with demographic pressures from millennials and a strong job market. Additionally, with vacancy rates in the US industrial market at 4.6% as of the third quarter of 2017, rents have increased significantly in major markets. Additionally, based on the second quarter of 2017, CBRE Economic Advisors reported an average net rent of $ 6.8 per square foot, the highest level on record.
Apart from that, investment volumes decreased year-over-year by 8% due to tightening of monetary policy and uncertainty about economic policies.
The most innovative real estate companies in the world, such as Bowery, Buildium, Enertiv, among others, are based in this region. In cities like San Francisco, New York, and Boston, 60% of residents were renters in 2017. Growth in rental demand has resulted in strong demand for property management services.
Automated interiors also play a key role in real estate. Some companies have started to serve this market and have also sought financing. For example, Hutch, the virtual interior design app, raised $ 10 million in funding from Zillow in 2017.

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Study objectives of the IT market report in the real estate market:

• Provide a detailed analysis of the market structure together with the IT market in the real estate market market forecast of various segments and sub-segments of the IT market in the real estate market
• Provide information on the factors that influence and affect the growth of the market.
• Provide historical, current and forecast revenue from market segments based on material, type, design, and end user.
• Provide historical, current and forecast revenue from market segments and sub-segments with respect to regional markets and key countries.
• Provide strategic profiles of key players in the market, comprehensively analyzing their market shares, core competencies and drawing a competitive landscape for the market.
• Provide economic, technology and IT market factors in real estate market trends influencing the global IT market in the real estate market.

Detailed TOC of IT Market in Real Estate Market Report 2019-2024:

1. INTRODUCTION
1.1 Study deliverables
1.2 Assumptions of the study
1.3 Scope of the study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market overview
4.2 Introduction to Market Drivers and Limitations
4.3 Market drivers
4.3.1 Real estate sector in technological transformation
4.4 Market restrictions
4.4.1 High costs associated with IT solutions
4.5 Value chain analysis
4.6 Portes Five Forces Analysis of Industry Attractiveness
4.6.1 Threat of new entrants
4.6.2 Bargaining power of buyers / consumers
4.6.3 Bargaining power of suppliers
4.6.4 Threat of substitute products
4.6.5 Intensity of competitive rivalry

5 MARKET SEGMENTATION
5.1 By implementation
5.1.1 On-site
5.1.2 Cloud
5.2 By end user
5.2.1 Residential
5.2.2 Commercial
5.3 By solution
5.3.1 Documentation
5.3.2 Accounting
5.3.3 Compliance
5.3.4 Business intelligence
5.3.5 Enterprise resource planning
5.3.6 Customer relationship management
5.3.7 Asset management
5.3.8 Other solutions
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Company profiles
6.1.1 SAP SE
6.1.2 The Sage Group PLC
6.1.3 Yardi Systems Inc.
6.1.4 Buildium LLC
6.1.5 LLC MRI Software
6.1.6 RealPage Inc.
6.1.7 AppFolio Inc
6.1.8 IBM Corporation
6.1.9 Oracle Corporation
6.1.10 Salesforce.com

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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