The growing need to improve efficiency and improve profits is expected to provide opportunities for the Business Process Management (BPM) in Real Estate market
Increasing need for automation and increased adoption of technologies which help in automation is expected to boost the market for BPM in real estate. The report outlines the various characteristics of the global Business Process Management (BPM) in Real Estate industry by assessing the market from value chain analysis. Moreover, the Business Process Management (BPM) in Real Estate market report comprises various qualitative parts of the Business Process Management (BPM) in Real Estate industry in market restraints, essential industry drivers, and opportunities. Furthermore, the report provides a complete assessment of the market through company profiling and the competitiveness of the local as well as global vendors.
Major factors anticipated to drive development of the global Business Process Management (BPM) in Real Estate market are increasing investments in advanced data analytics technologies to help improve business efficiency. By recording, evaluating, modelling and automating diverse business operations, business process management allows to optimize end-to-end business processes. Global Business Process Management (BPM) is a core driver of automated market development services, in particular for large-scale organizations to increase productivity and streamline their business processes. In addition, another factor leading to the growth of the global business process management (BPM) industry is the adoption of cloud-based platforms and big-data instruments. Business process management software's initial expense increase is affecting the demand for business process management (BPM).
In the Business Process Management (BPM) in real estate has mild competition between the current players. Major players concentrate on working with other market players while creating innovative technologies that support revenue-generating activities in order to form a successful delivery chain and incorporate new-generation deployments and ready themselves for the future.
Based on the component segment, the market is bifurcated into Services, and Solutions. In the year 2020, the solutions segment gathered the major share and it is likely to maintain its position during the forecast years. The services segment is expected to grow rapidly as compared to other segment.
Based on the deployment overview, the market is bifurcated into on-premise and cloud deployment. In the year 2020, the on-premise segment has the major market share as compared to other segment. The cloud deployment is expected to grow rapidly as compared to on-premise deployment.
The North America region is projected to hold the highest growth during the forecast years. The market growth in this region is mainly ascribed to the presence of developed economies (the US and Canada), which gives it an advantage over other regions in terms of adoption and implementation of extremely high technologies. The high investment in R&D activities leading to improvement and growth of Business Process Management (BPM) in Real Estate technologies is expected to boost the growth of the market.
Key players operating in the global Business Process Management (BPM) in Real Estate market include IBM Corporation, Oracle, Red Hat, Inc., Software AG, k2, Software AG, AMP, Onit, Inc., BP Logix, Auraportal, NTrust Infotech, Inc., Eximius BPO, CONET, WNS (Holdings) Ltd, Meridian Systems, Inc..
Segment Overview of Global Business Process Management (BPM) in Real Estate Market
Component Overview, 2018-2028 (USD Million)
Deployment Overview, 2018-2028 (USD Million)
Regional Overview, 2018-2028 (USD Million)
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- South America
- Rest of South America