Increasing Use of IT in Real Estate and Booming the Growth in Real Estate Market Business with Impressive CAGR of 13.01% and Players Are Microsoft, SAP, IBM, Oracle
IT in real estate has played a crucial role to cater varied preferences of real estate customers through smart technological solutions. Demand has aroused due to increasing need to manage data and ensure security of sensitive information. Increasing demand for enterprise applications may act as the major driver in the growth of IT in real estate. On the other side, high cost involved in the technological transition of various business processes may hamper the market.
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