|By Business Wire||
|April 3, 2014 11:30 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/tw26xf/global_real) has announced the addition of the "Global Real Estate Software Market 2014-2018 with Accruent, Argus Financial Software, MRI Software, RealPage, and Yardi Systems Dominating" report to their offering.
The demand for real estate software is growing in the corporations in order to reduce the overall cost of real estate and also to perform better property site searches. Geography is one of the most important factors for any property site search, whether it is an office space, where the commute times of the executives have to be considered, or the location of a R&D facility, or the location of a warehouse that needs quick access to a highway. The corporate real estate end-user segment is highly fragmented in terms of its requirements and requires specific solutions for each requirement. In addition, creating appealing workspaces with ergonomic design is a top priority for leading real estate corporations. Real estate vendors provide IWMS to corporations in order to effectively manage key metrics, such as total square footage and vacancy status for workspace creation.
One of the major drivers is the easy access to real estate data. Due to the presence of a large amount of data, enterprises need software to automatically track the performance and behavior of the information stored in their IT systems. They require the software to manage online sales and purchases of properties and thus improve their overall operational efficiency.
Further, the report states that one of the major challenges in this market is the issue pertaining to data security and piracy. Enterprises are very skeptical about sharing their confidential data since most of the real estate data deals with financial planning, budgeting, and contract management. In addition, most of the providers in this space are SaaS/web-based solution providers. In a SaaS-based model, there is always the risk of information leakage, which could result in unauthorized access and misuse of organizational data.
The key vendors dominating this market space are:
- Accruent Inc.
- Argus Financial Software
- MRI Software LLC
- RealPage, Inc.
- Yardi Systems Inc.
Other vendors mentioned in the report are:
- AMSI Property Management
- CoStar Group
- Fiserv Inc.
- IBM Tririga
- Oracle Corp
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
For more information visit http://www.researchandmarkets.com/research/tw26xf/global_real
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