Real Estate Software Market size is expected to reach USD 18.66 billion by 2028
Real Estate Software Industry Overview The global real estate software market size was valued at USD 9.34 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 9.7% from 2021 to 2028. The discontinuation of numerous construction activities across the globe amid the COVID-19 pandemic led to a small decline in the market. However, the market is expected to recover post-pandemic due to the increased digitization of existing customer data and records, which help clients predict purchasing behavior and customer trends. Population growth and rapid urbanization have led to a rise in major infrastructure development projects using smart solutions in recent years. Furthermore, the adoption of new software technologies such as cloud and artificial intelligence across several applications in the real estate market is also driving the market. Gather more insights about the market drivers, restrains and growth of the Global Real Est...