Global Self Storage Software Market Overview:
Self-storage software refers to the software used for renting out the storage space like private rooms, box storage, lockers, vehicle storage, or any other space unit to individuals or businesses, usually on a short-term basis. These are widely used by storage owners and tenants for managing operations in the self-storage industry. According to AMA, the Global Self Storage Software market is expected to see growth rate of 5.87%
- Improving Global Economic Scenario
- Rise in Disposable Income
- Emergence of Cloud-Based Storage Software and Mobile Applications
- Technology Advancement in the Self-Storage Provider
- Increasing Real Estate Investment
- Emergence in the Mobile Homes Market
- High-Cost Structure
- Limited Flexibility in Pricing
- Continuous Expansion for Online Sale
- Development of Proprietary Product
- Inhibition of the Self-Storage Storage Industry
Some of the key players profiled in the report are Corrigo Incorporated (Jones Lang LaSalle Incorporated) (United States), Public Storage (United States), Extra Space Storage (United States), CubeSmart (United States), National Storage Affiliates Trust (United States), U-Haul International Inc. (United States), AndraTech Software (United States), DOMICO Software (United States), SiteLink (United States), DHS Software Solutions (United States), Sentinel Systems (United States), Trackum Software (United States), Yardi Systems (United States) and RADical Systems (United Kingdom) Ltd. Additionally, following companies can also be profiled that are part of our coverage like Rocksoft, Fourside Solutions, E-Softsys, RADical Systems, Property Sidekick, GrenSoft and Quayle Computer Concepts. Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Self Storage Software market by 2024. Considering Market by Deployment, the sub-segment i.e. Cloud-based will boost the Self Storage Software market.
Jun 2018, SiteLink, a cloud-based software provider for storage operations launched a new interactive site map to their application myHub. This map is enabled with complete with 3D rotating views that comes with website compatibility and is the first kind in the self-storage industry. In Sep 2017, U Haul International, a prominent player in the self-storage market has launched new live to verify technology that offers an around-the-clock level of service to its customers renting trucks (extended self-storage service) through their smartphone. This innovation brings the company closer to offering enhanced service to its customers.
Self-storage association provides high standards to provide and support the self-storage industry. It also addresses issues which specifically affect the self-storage industry insight to be the paramount resource for industry information, education, research, and technical expertise; and to enhance the quality and performance of self-storage services and facilities.
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Research Methodology:The top-down and bottom-up approaches are used to estimate and validate the size of the Global Self Storage Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Self Storage Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.