The global demand for Property Management Software Market is presumed to reach the valuation of nearly USD 10.98 BN by 2030 from USD 5.47 BN in 2022 with a CAGR of 9.1% during the period of 2023-2030.
Property management software is designed to streamline and automate real estate business. The software functions facilitate more efficient real estate business operations help organize, monitor real assets and properties, maintain and organize payments, observe construction goals and schedules, estimate expenses, ensure tax compliance, tenants, track vacancy, to contract and insurance management. The prime users of software are rental managers, co-living and co-working operators, building managers, HOAs, and facility management companies.
Market Dynamics
Continuing economic growth with an increasing amount of capital looking for home investment is contributing to the growth at a significant rate. Larger investors and emerging real estate market are boosting their commitment to the market. Property business has been overloaded with largescale buying too many good problems surfacing. With growing investors, estate consultant, and rental businesses is now increasingly focused on adopting digital technologies to streamline the process and assets to meet the changing demands of modern consumers. However, lack of awareness about its benefits is hampering the growth of the market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of property management software.
Market Segmentation
The entire property management software market has been sub-categorized into product and end use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Deployment
By Solution
- Software (Rental Listings Management, Applicant Management, Reporting & Analytics, Maintenance Activities Management, Others)
- Services (Professional Services, Managed Services)
By Application
By End-User
- Housing Associations
- Property Managers/ Agents
- Property Investors
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for property management software market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Property Management Software Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the property management software market include AppFolio Inc., Console Australia Pty Ltd, CoreLogic, Entrata Inc., MRI Software LLC, RealPage Inc., REI Master, Yardi Systems Inc., Zillow Group Inc., ManageCasa. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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