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(EMAILWIRE.COM, March 27, 2019 ) Growth of the business process management in real estate market can be attributed to the increasing adoption of BPM solutions by real estate companies. BPM solutions are implemented to automate business processes and enhance operational efficiency.
Furthermore, over the past decade, the advent of new technologies has radically transformed the way organizations engage with customers. Real estate organizations are adopting business process management solutions to cater to the growing demand of customers for optimizing business processes and enhancing their presence in the market.
The Business Process Management in Real Estate Market is primarily driven by the growing demand for optimizing business processes. The big data trend has fuelled the demand for BPM software in the real estate sector. Furthermore, there is huge amount of data available on the internet, and thus, deployment of big data solutions has become essential to analyze the data acquired to make informed business decisions. This, in turn, has contributed to the increasing demand for the BPM software.
The objective of the research study is to provide detailed segmentation of the business process management in real estate market based on component, deployment type, and region. It also aims to provide information regarding key factors influencing the market growth, strategically analyze subsegments with respect to individual growth trends, future prospects, and contribution to the total market, analyze opportunities in the market for stakeholders, provide strategic profiles of key market players to comprehensively analyze core competencies, and draw a competitive landscape of the market.
The BPM in real estate market has been studied for North America, Asia-Pacific (APAC), Europe, the Middle East & Africa (MEA), and Latin America. North America is estimated to account for the largest share of the BPM in real estate market in 2016. In North America, solutions, such process improvement and automation have enabled enterprises operating in this region to improve business productivity and reduce time-to-market. The North American region is one of the most advanced regions, in terms of technology adoption and infrastructure.
A large number of BPM service providers, such as IBM (U.S.), Oracle Corporation (U.S.), Red Hat (U.S.), and BP Logix Inc. (U.S.), among others, are headquartered in various countries of North America, which, in turn, serves to be a key factor influencing the growth of the BPM in real estate market in the region.
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Source: EmailWire.com
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