Scope of the Study
Property management software is a tool which helps professional from real estate or house leasing in tracking leases, collecting rents, and managing property related finance. The aim to deploy this software is to streamline various operations related to property and its management. This software offers a centralized platform to manage all properties related operations. Additionally, it builds a platform between owners and tenants.
The market study is being classified by Type (On-Premise PMS (Property Management Software) and Cloud-Based PMS (Property Management Software)), by Application (Residential, Hospitality and Vacation Rental, Commercial (Retail Spaces, Office Spaces, Hotels and Others, Industrial and Others) and major geographies with country level break-up. According to AMA, the Global Property Management Software market is expected to see growth rate of 7.3%
Yardi Systems (United States), RealPage (United States), Entrata (United States), MRI Software (United States), Iqware (United States), Oracles (United States), AppFolio (United States), Accruent (United States), Syswin Soft (Romania), PAR Springer Miller (United States), Protel (Germany), Infor (United States) and Amadeus (Spain) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Guestline (United Kingdom), Buildium (United States), Rockend (Australia), Console Group (Australia) and InnQuest Software (United States).
Research Analyst at AMA predicts that American Players will contribute to the maximum growth of Global Property Management Software market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Property Management Software market by Type, Application and Region.
On the basis of geography, the market of Property Management 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). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Need to Streamline Operations in Real Estate
- Growing Focus from Businesses on Lowering Down the Cost and Improving Their Operations
- Growing Demand for Cloud Based Software Owing to Ease in Accessibility of Data
- Integration of Latest Technologies such as Augmented Reality, Fintech and Proptech with Property Management Software
- Expensive for Small Businesses
- Growing infrastructural Development and Industrialization in Emerging Countries
- Increasing Awareness of Property Management Software Among Small and Medium Scale Business
- Selecting Right Property Management Software to Suit the Business Needs
- Need for Trained Personnel to Operate Property Management Software
Analyst Comment"Since long back, property managers are facing issues such as communication with tenants, request for maintenance, and payments related issues. Property management software is a complete package which not only solve aforementioned problems but offer additional solutions such as easier collaboration owing to cloud based deployment, greater data accessibility and scalability as well."
Key Target AudienceProperty Management Software Developers, Vendors/System Integrators, Market and Research Firms, End-users Industries, Government Agencies and Others
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase