Real Estate Software Market Will Showcase Positive Impact During 2020-2024 | Growing Middle-class Population to Boost Market Growth
Technavio has been monitoring the global real estate software market size and it is poised to grow by USD 3,825.16 billion during 2020-2024, progressing at a CAGR of about 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Real Estate Software Market 2020-2024 (Graphic: Business Wire).
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Altus Group Ltd., AppFolio Inc., Autodesk Inc., CoStar Group Inc., Fiserv Inc., International Business Machines Corp., LanTrax Inc., Oracle Corp., SAP SE, and Yardi Systems Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Growing middle-class population has been instrumental in driving the growth of the market.
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Real Estate Software Market 2020-2024: