PUNE, India, November 15, 2016 /PRNewswire/ -- According to a new market research report "IT in Real Estate Market by Enterprise Application (CRM, ERP, ECM, BI, BPM), Security Solution (Access Control), Deployment Type, Service, Region ( North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) - Global Forecast to 2021", published by MarketsandMarkets, the market is projected to grow from USD 5.03 Billion in 2016 to USD 8.91 Billion by 2021, at a CAGR of 12.1% during the forecast period. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 88 market data Tables and 49 Figures spread through 156 Pages and in-depth TOC on"IT in Real Estate Market"http://www.marketsandmarkets.com/Market-Reports/it-in-real-estate-market-102606347.htmlEarly buyers will receive 10% customization on this report. Key factors driving the growth of the IT in Real Estate Market are increasing demand for smart technological solutions in the real estate sector to cater to varied preferences of real estate customers, popularity of asset & property management solutions, increasing demand for enterprise applications to manage projects, and growing need to manage data and ensure security of sensitive information. The business process management segment is expected to grow at the highest CAGR from 2016 to 2021 Based on enterprise application, the business process management segment is expected to grow at the highest CAGR from 2016 to 2021. This is due to the fact that a BPM suite for real estate includes user-friendly modeling & optimization and system integration tools, as well as helps monitor dashboards and enhances case management capabilities for end users. BPM software ensures fast decision-making, enables business-IT collaboration, and reduces total cost of ownership. BPM in real estate uses automation to remove tedious or distracting processes, thereby enabling employees to interact with customers or perform tasks more effectively.