The market for real estate software market was valued at USD 10.1 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 12.4% over the course of the forecast period. The market is expanding as a result of the growing digitalization of current consumer data and records, which enables customers to forecast their purchasing patterns and trends.
Rapid industrialization and urbanization are major factors propelling market expansion. COVID-19 caused the market to slow down, but after the pandemic, clever solutions and the widespread use of new software technologies like cloud computing and artificial intelligence have greatly accelerated the market's growth.

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Growth Drivers
Increased real estate investments are frequently correlated with economic stability and growth. The demand for mortgages and real estate investments is also boosted by a lower interest rate. Technological developments, such as those in real estate technology, increase productivity and draw in investors and buyers. Globalization, industrialization, and population growth are all contributing to the real estate industry's rapid expansion.
The market for real estate software is expanding rapidly due to rising demands for efficiency and automation. One of the most noticeable trends in the real estate software industry is the use of AI and machine learning. Applications driven by AI help real estate firms with a range of tasks, such as managing property portfolios and running marketing campaigns. In order to provide remote customers with immersive floor plans, Zillow Group has introduced a virtual tour experience that uses media content and machine intelligence.
Segmentation
By Product
· Enterprise Resource Planning
· Property Management Systems
· Customer Relationship Management
By Deployment Type
· Cloud
· On-Premise
By Application
· Commercial
· Residential
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa
Key Players
· Atlus group ltd.
· RealPage Inc.
· Oracle Corporation
· SAP SE
· SMR Group
· Trimble INC.
· MRI Software LLC
· Costar Realty Information INC
· Accruent
· Microsoft Corporation
· Apple
· IBM
· Other Players

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