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Real Estate Software Market to Expand by USD 7.2 Billion from 2024-2028, Driven by Growing Middle-Class Population, AI-Powered Market Evolution- Report by Technavio

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NEW YORK, Aug. 27, 2024 /PRNewswire/ — Report on How AI is Driving Market Transformation- The global real estate software market  size is estimated to grow by USD 7.20 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.22%  during the forecast period.  Growing middle-class population is driving market growth, with a trend towards use of blockchain technology in real estate management software. However, threat of open-source real estate management software  poses a challenge. Key market players include Altus Group Ltd., AppFolio Inc., Autodesk Inc., Bentley Systems Inc., CDK Global Inc., CoStar Group Inc., CREATIO EMEA Ltd., Dassault Systemes SE, Fiserv Inc., Fortive Corp., IFCA MSC Berhad, International Business Machines Corp., LanTrax Inc., MRI Software LLC, Oracle Corp., Planon Shared Services BV, RealPage Inc., SAP SE, Trimble Inc., and Yardi Systems Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Deployment (Cloud-based and On-premises), Application (Residential and Commercial), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Altus Group Ltd., AppFolio Inc., Autodesk Inc., Bentley Systems Inc., CDK Global Inc., CoStar Group Inc., CREATIO EMEA Ltd., Dassault Systemes SE, Fiserv Inc., Fortive Corp., IFCA MSC Berhad, International Business Machines Corp., LanTrax Inc., MRI Software LLC, Oracle Corp., Planon Shared Services BV, RealPage Inc., SAP SE, Trimble Inc., and Yardi Systems Inc.

Key Market Trends Fueling Growth

The global real estate software market is witnessing significant advancements, with blockchain technology emerging as a potential game-changer. This technology offers transparency, security, and efficiency by encrypting every record and making ledgers impenetrable to hackers. Transactions are irreversible, reducing fraud and transaction duplication. Blockchain also enables prompt and secure payments, even outside business hours, and eliminates the need for intermediaries. However, regulatory compliance and data transfer from authorities to general ledgers pose challenges. Lantmateriet, Sweden’s mapping, cadastral, and land registration authority, is leading the way with a pilot project for land registration using blockchain. The advantages of blockchain in real estate transactions are expected to drive a shift from traditional methods, contributing to market growth. 

The Real Estate Software Market is thriving with trends that streamline transactions for sellers and buyers. Transactions are managed efficiently with appointment scheduling, reminders, and property management components. Building sites and housing initiatives benefit from on-premise and cloud-based access on mobile devices. Real estate executives oversee the real estate lifecycle with software technologies like artificial intelligence and machine learning. Property management, real estate accounting, lease administrators, and transaction managers are essential components. Cloud-based solutions offer easy access to customer data, smart solutions, and data management strategies. Sensitive data protection is crucial, with virtualization, virtual reality, and user engagement enhancing the customer experience. Social media and online advertising boost marketing efforts, while websites provide a central hub for information. Construction activities are optimized with software tools, and virtual reality offers immersive property tours. Overall, the Real Estate Software Market is transforming the industry with innovative solutions. 

Discover a Comprehensive 360° Market Analysis: Understand the Impact of AI. For detailed information- Request Sample!

Market Challenges

The global real estate software market is experiencing significant competition from open-source real estate management software and pirated software. Open-source software, which is freely available on the Internet, offers cost benefits and scalability to end-users. Popular options include EspoCRM, Vtiger CRM, and Bitrix CRM. Users appreciate the transparency of open-source software, as they have access to the source code, enabling them to modify and eliminate defects before implementation. However, the market also faces a threat from pirated software, particularly in developing and underdeveloped economies where purchasing power is lower. Vendors in these regions often opt for pirated versions of software due to the lack of stringent regulatory laws. This results in a loss of sales for real estate software developers, posing a challenge to the market’s growth during the forecast period.The Real Estate Software Market is experiencing significant growth as the industry embraces digital applications to streamline operations and enhance workplace experience. Challenges such as workflow automation, sales and marketing, finance, project management, and data privacy regulations require advanced solutions. Blockchain technology and smart contracts offer secure, transparent, and efficient ways to handle sales deals, inspections, and financial data. Online platforms facilitate communication between real estate agents, brokers, investors, agencies, property managers, architects, and engineers. Construction, renting, and managing buildings, structures, utility systems, roads, and lands also benefit from these digital tools. However, cyber security threats and cybercrimes pose risks to data privacy and financial information, necessitating robust cybersecurity measures. Real estate companies must adapt to these trends to remain competitive in the commercial and residential markets.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This real estate software market report extensively covers market segmentation by

Deployment 1.1 Cloud-based1.2 On-premisesApplication 2.1 Residential2.2 CommercialGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Cloud-based-  Cloud-based real estate software deployment offers several advantages to businesses, particularly small and medium-sized enterprises (SMEs) and startups. These benefits include low initial investments, quick implementation, easy accessibility, scalability, and cost-effectiveness. Cloud-based deployment eliminates the need for purchasing servers and allows buyers to subscribe to the software on a monthly or annual basis. The infrastructure is already in place, and electronic devices are sufficient for access. Post-implementation, buyers can easily switch to different providers, reducing the need for extensive trials. IBM’s TRIRIGA and Bentley Systems are dominant vendors in cloud-based real estate software management. Remotely located servers in a cloud-based deployment help increase scalability, allowing buyers to opt for more bandwidth and storage space as needed. Construction companies can change subscriptions according to ongoing projects. However, concerns over security, limited customization, and the requirement of the internet hinder adoption. Real estate companies manage confidential financial data, increasing apprehension over data security. Despite these challenges, the advantages of cloud-based real estate software, such as dynamic space planning using AI-driven insights, will drive demand during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Real Estate Software Market is witnessing significant growth due to the increasing adoption of advanced technologies in construction activities. Smart solutions are transforming the way real estate professionals manage customer data, utility systems, and building structures. Software technologies, including cloud, artificial intelligence, social media, online advertising, and digital applications, are revolutionizing the real estate industry. Construction projects, renting properties, and housing initiatives are all benefiting from these innovations. Real estate agents can manage transactions, appointments, and reminders more efficiently, while clients and sellers have access to valuable information and tools to make informed decisions. Building sites and utility systems can be monitored in real-time, ensuring optimal performance and reducing maintenance costs. Data management is a critical component of real estate software, enabling real estate professionals to analyze trends and gain insights into market conditions. With the integration of artificial intelligence and machine learning, software can provide personalized recommendations and automate routine tasks, freeing up time for more strategic activities. Overall, the real estate software market is poised for continued growth as technology continues to transform the industry.

Market Research Overview

The Real Estate Software Market is witnessing significant growth due to the increasing adoption of digital applications in the real estate industry. Construction activities are being streamlined with smart solutions that leverage software technologies such as cloud, artificial intelligence, and machine learning. Customer data is being effectively managed and protected with advanced data management strategies and sensitive data protection measures. Virtualization, virtual reality, and automation are transforming the workplace experience for real estate professionals. Real estate sector players are embracing online platforms for sales and marketing, transactions, and project management. Finance and accounting functions are being automated with contract software, dashboard solutions, and financial data management tools. Building management, property management, and real estate companies are leveraging blockchain technology, smart contracts, and automation to enhance efficiency and security. Social media and online advertising are essential tools for real estate agents, brokers, investors, agencies, property managers, and commercial centers to reach clients and sell properties. Data privacy regulations are driving the need for robust cybersecurity measures to protect sensitive information from cybercrimes and cybersecurity threats. The real estate industry is undergoing a digital transformation, with digital applications being used for residential and commercial buildings, utility systems, roads, and land management. Real estate executives, lease administrators, transaction managers, and real estate lifecycle managers are using mobile devices and cloud-based access to manage appointments, reminders, and building sites. Housing initiatives and government agencies are also adopting digital solutions to streamline their operations. Overall, the Real Estate Software Market offers a wide range of components, including project management software, real estate accounting, and lease administration tools, to cater to the diverse needs of the real estate sector.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentCloud-basedOn-premisesApplicationResidentialCommercialGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Zifo Transforms Ontology Engineering with AI-Powered Intelligent Automation

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Advanced AI solution speeds up ontology creation by 80%, generating structured, interoperable knowledge models for science-driven organizations.

CAMBRIDGE, Mass. and CAMBRIDGE, England, April 30, 2026 /PRNewswire/ — Zifo, the leading global enabler of AI and data-driven enterprise informatics for science-driven organizations, has developed an Intelligent Automation solution for Ontology Engineering, which is designed to seamlessly generate structured, interoperable knowledge models while accelerating ontology creation by 80%.

Overcoming the Bottlenecks of Manual Ontology Creation

Manual ontology creation in the biopharma industry has traditionally been a time-consuming process that requires specialized expertise. Organizations frequently struggle with semantic ambiguity, complex integration challenges, and limited scalability, resulting in workflows that can take weeks to complete. Zifo’s AI-powered automation tackles these challenges head-on by eliminating 80% of the manual work through automated class generation, description creation, and precise IRI mapping.

Addressing the Complexities of Semantic Knowledge

Developing comprehensive knowledge models often demands deep domain expertise to define relationships and align terminology. Zifo’s intelligent solution overcomes this by providing an AI-guided workflow featuring an intuitive interface, meaning specialized ontology engineering knowledge is no longer required. By leveraging LLM-powered generation, the solution creates precise definitions with a deep understanding of domain-specific context, while generating standardized synonyms and establishing controlled vocabulary alignment to eliminate inconsistent terminology.

A Solution Designed for Scalable Scientific Data Modeling

The AI-powered solution addresses critical format compatibility and integration points in ontology management:

Seamless Integration: Automated mapping connects directly to established ontologies, including NCIT, CHEBI, OBI, and EFO, via BioPortal and OLS APIs.Massive Scalability: Parallel processing and batch operations empower teams to execute large-scale ontology projects without performance limitations.Automated Hierarchies: The AI autonomously generates semantic relationships and parent-child hierarchies based on domain context and predefined relation vocabularies.Format Compatibility: The solution produces direct OWL/RDF exports with proper URIs, ensuring seamless downstream integration.

Unique Features include:

Multi-Source Integration: The solution combines BioPortal, OLS, and EMBL-EBI APIs to guarantee comprehensive ontology coverage.Intelligent Ranking System: The system uses AI-powered relevance scoring and justification for precise ontology mappings.Precise IRI Mapping: It ensures that each generated class is linked to the correct IRI, directly promoting semantic web compatibility.Human-in-the-Loop Design: The solution automates repetitive tasks while maintaining vital expert oversight.End-to-End Workflow: Users are guided through a complete pipeline, from initial domain knowledge input straight to exportable OWL files.Visual Knowledge Graph: An interactive graph visualization allows for intuitive relationship exploration and validation.Multi-Format Exports: Provides seamless export options in CSV, OWL, or HTML Ontograph formats for downstream use, collaboration, and visualization.

Strategic Value Across the Scientific Chain

This solution breaks down the traditional barriers of data structuring. Built on a robust backend of Python, LangChain, and leading LLM models, alongside a frontend framework using Next.js 15 and Cytoscape.js for graph visualization, the solution is highly adaptable. Furthermore, future optimization enhancements will include provisions for uploading user-defined classes or semi-ready ontologies.

About Zifo

Zifo is the leading global enabler of AI and data-driven enterprise informatics for science-driven organizations. With expertise spanning research, development, manufacturing, and clinical domains, Zifo serves a diverse range of industries including Pharma, Biotech, Chemicals, Food and Beverage, and more. Trusted by over 190 organizations worldwide, Zifo is the partner of choice for advancing digital scientific innovation.

For more information, visit www.zifornd.comhttps://zifornd.com/practical-ai-blueprints/

Logo: https://mma.prnewswire.com/media/2731415/Zifo_Technologies_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/zifo-transforms-ontology-engineering-with-ai-powered-intelligent-automation-302758975.html

SOURCE Zifo Technologies

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UNC-Chapel Hill establishes ‘Carolina in the Capital’ with new Washington, D.C. office

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CHAPEL HILL, N.C., April 30, 2026 /PRNewswire/ — The University of North Carolina at Chapel Hill has opened a new office in Washington, D.C., establishing an expanded presence for the University in the nation’s capital and creating exciting opportunities for students, faculty, staff and alumni.

Located at 101 Constitution Avenue NW, the 10,861-square-foot space – coined “Carolina in the Capital” – will support a variety of functions, including educational programming for undergraduate and graduate students, alumni relations and engagement with government partners.

As a leading R1 university, UNC-Chapel Hill annually attracts more than $1.6 billion to the state’s economy to fund research that creates a better quality of life for all its citizens. More than 60% of UNC-Chapel Hill’s total research funding comes from federal sponsors with the majority of that federal funding coming from the National Institutes of Health (NIH), which is based in the Washington area.

“Carolina in the Capital is a state-of-the-art facility that reflects our commitment to creating experiential learning opportunities for our students and faculty,” said Chancellor Lee H. Roberts. “The space is designed as an immersive learning environment where students can translate classroom knowledge into hands-on experience, which has never been more important. The facility also strengthens our ability to support engagement between our staff, alumni, policymakers and partners.”

Supporting students participating in Carolina’s Washington-based academic programs is a priority. For years, students and faculty have relied on temporary or borrowed spaces across the city. The new office provides a permanent home where students can gather, learn and build community while living and studying in Washington. A robust schedule of classes and events will fill the space throughout the year.

The Washington, D.C. region is home to the largest concentration of out-of-state Carolina alumni anywhere in the country. The new office creates a dedicated space to strengthen those connections and support networking, mentorship, professional development and community-building among D.C.-based Tar Heels.

The space will also serve as a platform to bring Carolina’s research and academic expertise into closer conversation with policymakers, industry leaders and member organizations. Carolina is the nation’s 11th largest university in the country based on research volume with primary federal funding coming from NIH and the National Science Foundation (NSF), both based in the D.C. area. Carolina is a proud member of the Association of American Universities (AAU) and the Association of Public & Land Grant Universities (APLU), which are both based in Washington.

The office is funded entirely through the UNC-Chapel Hill Foundation and does not use any state appropriations.

You can view additional photos of the space here.

Media Contact: UNC Media Relations, 919-445-8555, mediarelations@unc.edu

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SOURCE University of North Carolina at Chapel Hill Office of Communications

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Investing.com Acquires Stonki to Accelerate Its Entry into the Agentic AI Era

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The acquisition strengthens Investing.com’s AI capabilities, advancing a next-generation research assistant that can analyze markets, generate insights, and guide investors in real time

NEW YORK, April 30, 2026 /PRNewswire/ — Investing.com, one of the world’s largest financial platforms used by more than 60 million investors each month, today announced the acquisition of Stonki, an AI-powered investing assistant designed to help traders turn ideas into structured, actionable trading plans.

The move marks a major step in the company’s evolution toward agentic AI, strengthening its ability to deliver faster, deeper, and more actionable market insights to a growing base of more than 300,000 paying subscribers across its InvestingPro suite, the company’s premium subscription offering for advanced market data, tools, and AI-driven insights.

Over the past 12 months, nearly 3 million users have used WarrenAI, Investing.com’s AI-powered financial research assistant launched last year, to perform market analysis, making AI a central entry point into the platform’s ecosystem. With the addition of Stonki, the company is moving beyond traditional AI tools toward agentic systems that can proactively guide users through the investment process.

“We’re entering the age of agentic AI, where the technology moves beyond just answering questions to actively helping investors think, analyze, and act,” said Omer Shvili, CEO of Investing.com. “Bringing Stonki.ai into the fold accelerates our goal of building an agentic platform that will serve as a 24/7 analyst for our users. We are developing this to be more than just a tool; it will be a partner that identifies opportunities, tracks unfolding situations, and surfaces trade ideas even when the user isn’t active—giving our users the kind of edge that was previously only available to professional investors.”

Founded in 2025, Stonki is developing a new category of ‘agentic’ AI for investing, enabling users to turn investment ideas into fully defined strategies with entry and exit conditions, risk management rules, and continuous monitoring.

“We started Stonki because, as investors and traders ourselves, we knew how much time and focus it takes to stay on top of the market and properly manage a day trade, a swing trade, an investment idea, or a portfolio,” said Ulas Bilgenoglu and Itay Verkh, co-founders of Stonki. “We set out to build AI that could carry part of that load by continuously monitoring the market, turning ideas into structured strategies, and helping users make better decisions with clear entry and exit conditions, disciplined risk management, and ongoing tracking. Joining Investing.com gives us the scale, data, reach, and strong AI foundation to accelerate that vision. Together, we can create an experience where AI helps users stay ahead of the market, manage risk, and act with greater confidence.”

The acquisition expands Investing.com’s AI capabilities across both technical and fundamental investing workflows. Stonki’s technology is built around persistent, real-time intelligence, continuously monitoring markets, tracking user-defined strategies, and alerting investors when conditions align, rather than relying on one-off prompts or static analysis.

For active traders, the platform is evolving into a real-time analysis engine designed to support high-frequency decision-making with precision and speed. For long-term investors, it is becoming a central hub for research, enabling users to evaluate opportunities, set personalized alerts, and monitor portfolios based on their individual investment strategies.

Users will be able to define specific conditions, such as a stock crossing a long-term moving average, and have the AI continuously monitor the market, analyze relevant signals, and surface actionable insights in real time. The system will also review portfolios on an ongoing basis, helping investors avoid potential losses and uncover new opportunities aligned with their strategy.

This latest step builds on Investing.com’s broader strategy of expanding its AI-powered suite, including WarrenAI, ProPicks AI, and its recently launched AI Chart Analysis, all aimed at delivering faster, more accurate and more actionable insights to investors.

View original content:https://www.prnewswire.com/news-releases/investingcom-acquires-stonki-to-accelerate-its-entry-into-the-agentic-ai-era-302756588.html

SOURCE Investing.com

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