What is Real Estate Virtual Tour Software?
Real estate virtual tour software helps real estate agents and property managers to present their properties through the creation of virtual visualizations of a home or commercial area to buyers. This software used to create a visual representation for potential buyers or customers to view online before visiting to the area. This software also helps potential buyers to schedule and register their emails online to visit the space in their capable time.
The market study is broken down and major geographies with country level break-up.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Real Estate Virtual Tour Software market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Paradym (United States), 3Discrete, Inc. (United States), Immoviewer (United States), TourVista (United States), TourWizard (United Kingdom), VirtualTourCafe, LLC (United States), Cupix (South Korea), EyeSpy360 (United States), GeoCV (United States) and Planitar Inc. (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are iStaging Corp. (China), Ogulo (United States), Palette CAD (Geremany), Renoworks Software, Inc. (Canada) and Roomle GmbH (Austria).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Real Estate Virtual Tour Software market by Type, Application and Region.
On the basis of geography, the market of Real Estate Virtual Tour Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Type, the sub-segment i.e. Cloud-Based will boost the Real Estate Virtual Tour Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. IOS will boost the Real Estate Virtual Tour Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing, the sub-segment i.e. Monthly Subscription will boost the Real Estate Virtual Tour Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Real Estate Firms will boost the Real Estate Virtual Tour Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In January 2019, 360-degree camera maker Insta360 and virtual tour platform Matterport announced a partnership to make virtual tour creation easier than others. It helps virtual tour creators to quickly capture a property in 360 degrees with the Insta360 ONE X camera and then uses Matterport’s AI-powered software to create an interactive 3D floor plan and walkthrough, complete with depth and square footage data.
Market Trend
- Increasing Demand for 3D And 360 Degree Virtual Tour
Market Drivers
- Growing Demand for Real Estate Virtual Tour Software as a Time and Cost Saving Option for both Real Estate Sellers and Buyers
Opportunities
- Real Estate Virtual Tour Software with Augmented and Virtual Reality Techniques
Restraints
- Lack of Security and Perfection of Real Estate Virtual Tour Software
Challenges
- Availability of Free Real Estate Virtual Tour Software
Key Target Audience
Real Estate Virtual Tour Software Providers, New Entrants/Investors, Dealers, Suppliers, Traders, and Distributors, Government Regulatory and Research Organizations, End-Use Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.