WiseGuyRerports.com Presents "Global Real Estate Accounting Software Market 2019 by Company, Regions, Type and Application, Forecast to 2024" New Document to its Studies Database
Accounting is an integral and crucial aspect of every business. In the real estate industry, given the large volume and value of transactions, this becomes even more important in order to avoid adverse reporting outcomes. This includes accounting involved in all the parts of the trade from retail land and property, statement disclosures to the sale of time-share intervals. While all these can be tedious and cumbersome, with the technological and digital developments in the field of book-keeping and accounting, real estate accounting software systems are widely used to do all of these tasks.
Real estate accounting software tools are capable of tracking income generation, managing customer lists, property tracking and much more. The interface of these software determines their ease of use. These help in managing expenses, revenue streams, cash flows, banking, invoices, and taxes and receipts and the plethora of other things to be taken into account. They also help manage, sort, and store critical information regarding the business. These software applications can be complemented by other accounting and budgeting software to create a synced network.
The report on the global real estate accounting software market gives a comprehensive view of the current market scenario and the market outlook. The market status with the product overview and scope have been marked by the report. Giving a detailed study of each of the key players in the market, the report covers each company's revenue, gross margins, and market share for the years 2017-18. Based on this data the market competition, concentration and development trends have been studied and the market forecast has been done up to 2025.
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In order to understand the global real estate accounting software market better, the market has been segmented based on product type and the end-user or product application. Based on the type, the major split in the market would be into the segments of cloud-based and on-premises software. While cloud-based software work over the internet with the common storage on the internet servers, on-premises software work with data that is available at hand. Sharing of data becomes easier with cloud computing but would be a trade-off with data security which ground systems have. Based on the real estate accounting software application, the market segments are SME (Small and Medium Enterprises) and Large Enterprises. The difference lies in the scale and volume of operations.
The geographical segmentation of the real estate accounting software market helps understand the various factors affecting the market and market dynamics. According to the report, the Asia Pacific region is set to take over most of the market share with China, India, and other fast-growing countries in the region. North America, however, will still have a major impact on the market. The other key regions and countries included in the report are North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (Japan, Korea, and Southeast Asia), South America (Brazil, Argentina, Colombia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) The development trends in each of the regions depend on the growth and operations of the real estate industry.
Deutsche Bank, a leading global banking and financial services firm, has bought 4.9% of share in Deposit Solutions Gmbh, a Hamburg-based firm that develops accounting software for businesses and real estate firms. The two companies had had a tie-up before this too, with the Deutsche Bank operating its "Zinsmarkt" deposit offering based on the software developed by Deposit Solutions. The particulars of the deal, however, have been kept confidential by the companies.
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Table Of Contents:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
9 Southeast Asia
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst's Viewpoints/Conclusions
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