- In March 2024, Planon has announced the official launch of its Planon Real Estate Management solution for SAP S/4HANA®, now recognized as an SAP Endorsed App within SAP’s industry cloud portfolio. This solution provides robust real estate and property management functionalities integrated with SAP S/4HANA. It enables organizations to enhance their real estate strategies while operating smart, sustainable buildings. In addition, it automatically integrates real estate financial data into enterprise-wide accounting systems
- In September 2023, Google introduced new features on YouTube designed to help creators edit, develop, and share content in innovative ways. One of the features, called ‘Dream Screen,’ allows creators to add AI-generated video or image backgrounds to YouTube Shorts. These updates aim to assist creators in reaching a broader audience while streamlining time-consuming tasks
- In December 2022, Apple Inc. launched Freeform, a new application available for iPad, Mac, and iPhone. Freeform allows users to organize content on a flexible canvas and collaborate seamlessly on a single platform. The app includes various color options and brush styles, enabling users to create diagrams and add comments
- In May 2021, CoStar Group, a US-based analytics and marketing services company, acquired Homes.com for $156 million. This acquisition expands the CoStar Group's portfolio by frictionlessly bringing together agents, buyers, and sellers for house sales and providing the online home-purchasing experience in real estate. Homes.com, a US-based online real estate portal, utilized Al and data analytics to provide property listings, home valuations, and market insights
Frequently Asked Questions
The market is segmented based on Global IT in Real Estate Market Segmentation, By Application (Customer Relationship Management, Enterprise Resource Planning, Enterprise Content Management, Business Intelligence, and Business Process Management), Service (Integration and Deployment, Consulting, and Maintenance and Support), Deployment Type (On-Premises and Cloud), Security Solution (Commercial and Services and Residential) – Industry Trends and Forecast to 2031
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The Global Real Estate Market size was valued at USD 9.54 USD Billion in 2023.
The Global Real Estate Market is projected to grow at a CAGR of 10.36% during the forecast period of 2024 to 2031.
The major players operating in the market include Yardi Systems , Microsoft Corporation, SAP, RealPage , IBM, MRI SOFTWARE LLC, Oracle, Salesforce.com , Accenture, Sage Group plc, Radici Partecipazioni SpA, Cisco Systems , Infosys Limited, Infor, Xerox, Nuxeo, Alfresco Software , CBRE Group , Jones Lang LaSalle IP .
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.
