IT in Real Estate

Global IT in Real Estate Market to Reach US$28.7 Billion by 2030

The global market for IT in Real Estate estimated at US$15.1 Billion in the year 2024, is expected to reach US$28.7 Billion by 2030, growing at a CAGR of 11.3% over the analysis period 2024-2030. On-Premise, one of the segments analyzed in the report, is expected to record a 11.0% CAGR and reach US$18.3 Billion by the end of the analysis period. Growth in the Cloud segment is estimated at 11.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.9 Billion While China is Forecast to Grow at 14.8% CAGR

The IT in Real Estate market in the U.S. is estimated at US$3.9 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.7 Billion by the year 2030 trailing a CAGR of 14.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 7.6% and 9.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.

Global IT in Real Estate Market - Key Trends and Drivers Summarized

How Is IT Transforming the Real Estate Sector?

The adoption of information technology (IT) in the real estate sector is transforming how properties are bought, sold, managed, and developed. From virtual property tours and AI-driven property valuation tools to automated property management software, IT solutions are improving efficiency and transparency in real estate transactions. Real estate platforms and mobile apps are allowing buyers and renters to search for properties more easily, while blockchain technology is being explored for secure and transparent property transactions. Additionally, property developers are using data analytics and building information modeling (BIM) to optimize project planning and reduce construction costs, driving innovation in real estate development.

What Technological Advancements Are Driving IT in Real Estate?

Technological advancements such as AI, blockchain, and IoT are playing a critical role in enhancing IT applications in real estate. AI-powered tools are being used to analyze market trends, assess property values, and provide personalized recommendations to buyers and investors. Blockchain technology is enabling secure, transparent real estate transactions by creating tamper-proof records of property ownership and transfers. IoT devices are being integrated into smart buildings to enhance energy efficiency, security, and tenant comfort, offering real-time monitoring and control of building systems. These technologies are driving digital transformation in the real estate sector, improving efficiency, security, and customer experience.

How Do Market Segments Define the Growth of IT in Real Estate?

Solution types include property management software, real estate platforms, and building information modeling (BIM) systems, with property management software leading the market due to the growing demand for efficient and automated property management. Applications include residential, commercial, and industrial real estate, with the residential sector representing the largest segment as more individuals turn to digital platforms for property search and transactions. End-users include real estate agencies, property developers, and investors, with real estate agencies driving the market as they adopt IT solutions to streamline operations and improve customer engagement.

What Factors Are Driving the Growth in the IT in Real Estate Market?

The growth in the IT in real estate market is driven by several factors, including the increasing digitization of real estate transactions, the growing demand for smart buildings, and advancements in AI and blockchain technologies. As more consumers and businesses shift to online platforms for property search and transactions, the need for secure, transparent, and efficient IT solutions is rising. The development of smart buildings and the integration of IoT devices are also contributing to market growth, as property owners seek to enhance energy efficiency and tenant comfort. Additionally, the use of AI for property valuation, market analysis, and customer engagement is driving the adoption of IT in the real estate sector.

SCOPE OF STUDY:

The report analyzes the IT in Real Estate market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Deployment (On-Premise, Cloud)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 34 Featured) -

• Accenture PLC
• IBM Corporation
• Microsoft Corporation
• MRI Software LLC
• Oracle Corporation
• RealPage
• Salesforce
• SAP SE
• The Sage Group PLC
• Yardi Systems, Inc.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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