The Global Business Process Management (BPM) in Real Estate Market accounted for USD 435.3 million in 2016 growing at a CAGR of 25.1% during the forecast period of 2019 to 2026.
Market Definition: Business Process Management (BPM) in Real Estate Market
Business process management in real estate is the process where the system automatically sends the tasks each month to the contractor so that it gets easier for them to understand if any changes have taken place in machinery, staff or documents. This system is beneficial to generate instructions in order to guide them. Improvement in the efficiency of business operations, and big data and cloud to enhance efficiency of BPM software may act as the major driver in the growth of business process management in real estate market. On the other hand huge initial investments in organizing the BPM suites may hamper the market.
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Major Market Drivers & Restraints are as follows:
- Improvement in the efficiency of business operations
- Big data and cloud to enhance efficiency of BPM software
- Huge initial investments in organizing the BPM suites
Key Market Competitors: Business Process Management (BPM) in Real Estate Market
Few of the major competitors are 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., and others.
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Market Segmentation: Business Process Management (BPM) in Real Estate Market
The global business process management (BPM) in real estate market is segmented on the basis of component into solutions, and services. The solutions segment is further sub segmented into automation, content & document management, monitoring & optimization, integration, and process improvement. The services segment is further sub segmented into system integration, consulting, and training & education.
On the basis of deployment model, the global business process management (BPM) in real estate market is segmented into on-premises, and cloud.
On the basis of geography, the global business process management (BPM) in real estate market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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The report for global business process management (BPM) in real estate market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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