IT in Real Estate Market | Exactitude Consultancy Reports
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Exactitude Consultancy Latest Published IT in Real Estate Market by Deployment Type (On-Premises, Cloud), Service (Integration & Deployment, Consulting, Maintenance & Support, Others), Application (Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), Enterprise Content Management (ECM), Business Intelligence (BI), Business Process Management (BPM)), End User (Residential, commercial) and by Region Global Trends and Forecast from 2022 to 2029
IT in Real Estate Market Overview
The global IT in real estate market size was valued at USD 7.64 billion in 2020, and projected to reach USD 22.02 billion by 2030, with a CAGR of 12.43% from 2022 to 2029.
Segment Analysis
In terms of deployment type, on-premises is expected to account for the largest market share in 2022, while cloud is expected to grow at the fastest CAGR during the forecast period. The growing adoption of SaaS applications by real estate enterprises presents lucrative growth opportunities for cloud-based IT solution deployment.
The use of IT in the real estate sector has resulted in more efficient information management and the smooth operation of various business processes. Customer relationship management (CRM) and business intelligence models are gaining traction among organizations looking to implement industry best practices and provide administrative support to their customers.
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