Global Real Estate Virtual Tour Software Market by Type (Cloud Based, Web Based), By Application (Large Enterprises, SMEs) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global real estate virtual tour software market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for online real estate services and rising adoption of virtual tour software by small and medium-sized enterprises (SMEs). Based on type, the global real estate virtual tour software market can be segmented into cloud-based and web-based. The cloud-based segment is expected to grow at a higher CAGR than the web-based segment during the forecast period. This can be attributed to the growing demand for cloud-based solutions among enterprises due to its advantages such as scalability, flexibility, and cost efficiency. Based on application, the global real estate virtual tour software market can be divided into large enterprises and SMEs. The large enterprise segment is anticipated to account for a larger share of the market in 2018 owing to their growing need for advanced marketing tools that help them in expanding their customer base globally.



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Product Definition:

Real Estate Virtual Tour Software is used to create a virtual tour of a property. The software allows the user to add photos, videos, and text to create a virtual tour of the property. This can be helpful in marketing the property as it gives potential buyers an idea of what the property looks like and how it is laid out.

Cloud Based:

Cloud-based software is a tour management solution that enables real estate agents and property managers to effectively manage their virtual tours. It also helps them in automating, streamlining and integrating the manual processes involved in creating, editing and managing virtual tours. The software offers various features such as geotagging of images for geographical mapping, integrated Google Analytics for web page tracking statistics along with an automated system to generate reports which can be used by end users to create effective online marketing campaigns.

Web Based:

Real estate virtual tour software is a web-based application that helps realtors to create tours of properties for sale or lease. It also provides features such as property management, property analytics and leads management. The major benefit of using this software is that it can be accessed from any location and at any time.

This has increased the adoption rate among real estate agents across the globe, which in turn has helped increase the number of tours created by each agent.

Application Insights:

The large enterprises segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. Large enterprises usually have a dedicated IT team that handles their IT infrastructure, which includes ERP systems, CRM solutions and other applications. The complexity of these applications makes them prone to cyber-attacks which can result in data loss or breaches. To avoid such breaches, companies opt for a virtual tour software that does not require any technical knowledge from their part. This helps them showcase properties better while reducing operational costs by avoiding unnecessary trips to see properties in person or via video conferencing tools like GoToMeeting or webEx Meetings ¢â‚¬â„¢in real time¢â‚¬or at all times if desired¢â‚¬ (SMEs).

Regional Analysis:

North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing investments in real estate sector by companies and rapid growth of e-commerce industry, especially for single-family houses, which has resulted in increased adoption of virtual tour software by consumers. Moreover, presence of a large number of real estate portals offering home and property viewing experience is also driving regional growth.

Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing internet penetration.

Growth Factors:

Increasing demand for online real estate services: The global real estate market is expected to grow at a CAGR of 5.5% from 2016 to 2020, reaching a value of  trillion by 2020. This growth can be attributed to the increasing demand for online real estate services, which allows customers to search for and buy properties from anywhere in the world.
Rising adoption of virtual reality technology: Virtual reality (VR) is an emerging technology that is being adopted by many industries, including real estate. VR allows users to experience a three-dimensional (3D) environment that recreates the sights, sounds, and feel of a physical space. This immersive experience can help buyers visualize what a property looks like and make better decisions about whether or not they want to purchase it.
Growing use of mobile devices: The use of mobile devices has been growing rapidly in recent years, with more people using their phones or tablets to access the internet than ever before. Real estate virtual tour software providers are taking advantage of this trend by developing apps that allow users to view property tours on their mobile devices anytime, anywhere.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Real Estate Virtual Tour Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
Paradym, VisualStager, Fusion, immoviewer, TourVista, TourWizard, VirtualTourCafe, Cupix, Eye Spy 360, FlyInside, Geocv, iGuide
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.

Global Real Estate Virtual Tour Software Market Report Segments:
The global Real Estate Virtual Tour Software market is segmented on the basis of:
Types
Cloud Based, Web Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Paradym
VisualStager
Fusion
immoviewer
TourVista
TourWizard
VirtualTourCafe
Cupix
Eye Spy 360
FlyInside
Geocv
iGuide



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Highlights of The Real Estate Virtual Tour Software Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Cloud Based
Web Based
By Application:
Large Enterprises
SMEs
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Real Estate Virtual Tour Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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