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Real Estate Investment Software Market Size, Share, and COVID-19 Impact Analysis, By Type (On-premise and Cloud-based), By Enterprise Type (Large Enterprise and Small & Medium Enterprise), By End-user (Institutional Investors and Real Estate Developers), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI107198 | Status : UpcomingReal estate investment software, well-known as real estate portfolio management software or asset management software, is used to evaluate the potential financial performance of a rental property and monitor the income and expenses, cash flow, and net income of assets at a property and portfolio level.
Real estate asset managers use this type of software to retain a complete and comprehensive view of their properties, reduce errors, and access and conduct research on potential investment risk in data collection and analysis. Similarly, this software is used to maintain investment compliance with real estate investment regulations, maximize property value and investment returns, and manage investor leadership.
Property vendors and landlords can control real estate investment management software to exploit the property's value, ROI, or both. Therefore, property management software is used to manage the regular responsibilities of occupant, lease, facility, and operations management.
However, some investment portfolio management software develop and manage real estate portfolios and other alternative investments. The products within the real estate investment management category are specifically planned to handle the concerns of the real estate industry.
Additionally, the real estate software investor provides high-quality cloud-based software solutions that cost very minute or are free. This software is specially designed for the real estate industry, making it easy to choose the most money-making rental property based on their key financial metrics. In addition, the AppFolio investment management software is the top investment software solution that enables general partners to streamline fund and syndicate management. Automate waterfall distributions, a self-service investor portal, provides ease for users with 24/7 access, and a robust CRM system to streamline the fundraising process and better communicate with the investors.
Thus, real estate investment software makes it easier for property managers to handle both residential and commercial properties.
Impact of COVID-19 on the Real Estate Investment Software Market
The COVID-19 pandemic is expected to impact the overall economy and financial markets, including the real estate investment software market. Due to the pandemic, the discontinuation of numerous construction activities led to decline in the market. Furthermore, for years, the residential homes sector suffered from deprived growth as actual home inhabitants were delaying purchasing decisions.
Therefore, the market is expected to recover from the post-pandemic, owing to the rising digitization of existing data and records. Population growth and rapid urbanization have led to a rise in major infrastructure development projects using smart solutions in recent years. Additionally, adopting new software technologies, including cloud and artificial intelligence through several applications in the real estate marketplace, is also driving the market.
Key Insights
The report will cover the following key insights:
- Micro & macroeconomic indicators
- Drivers, restraints, trends and opportunities
- Business strategies adopted by the players
- Impact of COVID-19 on the real estate investment software market
- Consolidated SWOT analysis of key players
Analysis by Type
The cloud-based segment is expected to dominate the market. Cloud-based software provides faster and well-organized data access to real estate companies, thus growing their workflow productivity. Furthermore, managing large volumes of data effectively is possible through the cloud deployment model with higher security standards. The significant growth in construction activities globally is anticipated to drive the usage of cloud technologies to manage businesses better and help increase efficiency and productivity by using data to streamline processes. Additionally, the cloud-based investment software provides an excellent data backup facility, which helps prevent any data loss.
Moreover, project management solutions and cloud-based construction offer organizations functionalities such as scheduling, project management, and automating tasks into a single dashboard, decreasing the demand for on-premise solutions.
Regional Analysis
North America dominates the global real estate investment software market. Furthermore, the rise in urbanization and infrastructure development activities and the adoption of new technologies for various commercial and residential applications positively impact market growth. The COVID-19 pandemic has significantly obstructed consumer and business sentiments, leading to the low growth rate of the construction industry. The industry is expected to recover in 2021 due to increased infrastructure investments and an improved focus on smart city projects.
Asia Pacific is considered to be the fastest-growing regional market over the forecast period. The growth in this region is attributed to the advantageous development of regional economies and the promising expansion of the construction industry. This region is considered a major market for real estate software due to the growth of the real estate sector in India, Japan, Singapore, China, and Southeast Asian countries.
The distribution of the real estate investment software market by region of origin is as follows:
- North America – 35%
- South America – 10%
- Europe – 22%
- Middle East and Africa – 7%
- Asia Pacific – 26%
Key Players Covered
The report includes key players such as Real Data, Zilculator, CREmodel, The Analyst PRO, RealNex, ProAPod, Ipreo, Property Metrics, Valuate, Real Estate Analysis Software, LLC, Buildium, Dealpath, CrowdStreet, Craft Silicon, Caltina, and InvestNext, Kit.
Segmentation
By Type | By Enterprise Type | By End-user | By Region |
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Key Industry Developments
- In October 2022, MRI software, a cloud-based property management software for residential and commercial properties, has made 42 notable acquisitions with Property management tech, real estate IT, facility management, and more. The company invested USD 104 million for the acquisition.
- In January 2021, Planon, an integrated workplace management system vendor, acquired Reasult and expanded its reach across the real estate market. This acquisition will enhance access to a new buyer to improve the financial performance in investment.
- Global
- 2023
- 2019-2022