The Latin America, Middle East and Africa Real Estate Software Market is expected to witness market growth of 12.0% CAGR during the forecast period (2021-2027).
Real estate software helps in managing the contact information of clients. The spaces & designs are provided to create a detailed information portfolio of clients. The real estate software enables the business to provide standing information to know about the clients to send them best wishes on special occasions which further results in better public relations. Also, the real estate software keeps in touch with previous clients along with generating new clients and thus helps in maintaining long term relationship, which is important for real estate as this industry is not required on routine basis which arises the need of building the relationship for years. Moreover, block chain technology & smart contracts help in simplifying transactions and decreasing the number of stakeholders resulting in increased transparency.
The UAE cabinet has given approval to the formation of the Emirates Tourism Council with the aim of strengthening the tourism portfolio. According to the government of United Arab Emirates, the contribution of the travel & tourism industry to the GDP of the United Arab Emirates was 18.7 billion USD which is about 5.2 percent of GDP. This shows that the tourism industry of the UAE is flourishing, which will also increase the demand for new hotels, and cafes in the region resulting in high demand for real estate software. Additionally, according to the World Population Prospects 2017, the Middle East and Africa is expected to be the fastest growing economies in terms of population.
The Brazil market dominated the LAMEA Real Estate Software Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $363 million by 2027. The Argentina market is anticipated to grow at a CAGR of 12.6% during (2021 - 2027). Additionally, The UAE market is expected to showcase a CAGR of 11.7% during (2021 - 2027).
Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Type, the market is segmented into Customer Relationship Management Software, Enterprise Resource Planning Software, Property Management Software, Contract Software, and Others. Based on Application, the market is segmented into Residential and Commercial. Based on End-use, the market is segmented into Architects & Engineers, Real Estate Agents, Project Managers, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Autodesk, Inc., Oracle Corporation, Microsoft Corporation, Altus Group Limited, CoStar Group, Inc., MRI Software LLC, RealPage, Inc., and Yardi Systems, Inc.
By Deployment Type
By Type
By Application
By End-use
By Country: Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Real estate software helps in managing the contact information of clients. The spaces & designs are provided to create a detailed information portfolio of clients. The real estate software enables the business to provide standing information to know about the clients to send them best wishes on special occasions which further results in better public relations. Also, the real estate software keeps in touch with previous clients along with generating new clients and thus helps in maintaining long term relationship, which is important for real estate as this industry is not required on routine basis which arises the need of building the relationship for years. Moreover, block chain technology & smart contracts help in simplifying transactions and decreasing the number of stakeholders resulting in increased transparency.
The UAE cabinet has given approval to the formation of the Emirates Tourism Council with the aim of strengthening the tourism portfolio. According to the government of United Arab Emirates, the contribution of the travel & tourism industry to the GDP of the United Arab Emirates was 18.7 billion USD which is about 5.2 percent of GDP. This shows that the tourism industry of the UAE is flourishing, which will also increase the demand for new hotels, and cafes in the region resulting in high demand for real estate software. Additionally, according to the World Population Prospects 2017, the Middle East and Africa is expected to be the fastest growing economies in terms of population.
The Brazil market dominated the LAMEA Real Estate Software Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $363 million by 2027. The Argentina market is anticipated to grow at a CAGR of 12.6% during (2021 - 2027). Additionally, The UAE market is expected to showcase a CAGR of 11.7% during (2021 - 2027).
Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Type, the market is segmented into Customer Relationship Management Software, Enterprise Resource Planning Software, Property Management Software, Contract Software, and Others. Based on Application, the market is segmented into Residential and Commercial. Based on End-use, the market is segmented into Architects & Engineers, Real Estate Agents, Project Managers, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Autodesk, Inc., Oracle Corporation, Microsoft Corporation, Altus Group Limited, CoStar Group, Inc., MRI Software LLC, RealPage, Inc., and Yardi Systems, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Deployment Type
- Cloud
- On-premise
By Type
- Customer Relationship Management Software
- Enterprise Resource Planning Software
- Property Management Software
- Contract Software
- Others
By Application
- Residential
- Commercial
By End-use
- Architects & Engineers
- Real Estate Agents
- Project Managers
- Others
By Country: Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Autodesk, Inc.
- Oracle Corporation
- Microsoft Corporation
- Altus Group Limited
- CoStar Group, Inc.
- MRI Software LLC
- RealPage, Inc.
- Yardi Systems, Inc.
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- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Real Estate Software Market by Deployment Type
Chapter 5. LAMEA Real Estate Software Market by Type
Chapter 6. LAMEA Real Estate Software Market by Application
Chapter 7. LAMEA Real Estate Software Market by End-use
Chapter 8. LAMEA Real Estate Software Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- SAP SE
- Autodesk, Inc.
- Oracle Corporation
- Microsoft Corporation
- Altus Group Limited
- CoStar Group, Inc.
- MRI Software LLC
- RealPage, Inc.
- Yardi Systems, Inc.
Methodology
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