Property management platform

Global Property Management Platform Market Size, by Component (Software, Services), Application (Commercial, Residential), End use, & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2025

Category: Telecom and IT     ID: IRP1686     Date: Aug, 2020
Property management software (PMS) known as an application-based solution used by property managers to automate financial, back-office and administrative operations. It performs several functions, like generating electronic agreements, financial reporting, storing and sharing documents online and integrated banking. It also aids in reducing the manual labor required for collecting rents and arranging maintenance and repair activities and the tracking of tenants and leaseholders. This allows the managers, owners and operators to simplify and automate the tasks associated with managing the properties.
Old-style ways of property management are highly time-consuming and are more prone to errors as the data is entered physically. Therefore, property managers are adopting property management software as it provide more convenience compared to traditional ways of managing the property. It removes human errors and agrees property managers to give workloads efficiently to avoid delays in services. Property management software also decreases the time taken in responding to complaints and grievances. Many such profits offered by property management software is crucial in driving the growth of the market.
Additionally, growing demand for control and automation of property contract documents, thus organizing and correlating with related documents, is further driving the growth of the market. Addition of augmented reality in property management software will extra fuel the market of the property management software in coming years.

North America accounted for the major property management market share in 2019, and the region will provide several growth opportunities to market vendors during the forecast period. The growing investments in smart city infrastructure, the rising investments in the retail sector, and the increasing urbanization rate will significantly influence property management software growth in this region.

The global Property Management Platform market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2025, at a CAGR of XX% during 2018 to 2025. Scope of global Property Management Platform market includes by Component (Software, Services), by Application (Commercial, Residential), by End use (Housing Associations, Property Managers/ Agents, Corporate Occupiers, Property Investors, Manufacturing & Automotive, Government), and by Region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

The global Property Management Platform market is primarily segmented by Component, Application, end use, and region.

On the basis of Component, the market is split into:
* Software
* Services
* Malware

Based on Application, the market is divided into:
* Commercial
* Residential
Based on the end use, the market is segmented into:
* Housing Associations
* Property Managers/ Agents
* Corporate Occupiers
* Property Investors
* Manufacturing & Automotive
* Government

Moreover, the market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market include:
* AppFolio, Inc.
* Archibus, Inc.
* Entrata, Inc.
* ManageCasa
* RealPage, Inc.
* CoreLogic
* Chetu, Inc.
* Oracle Corporation
* Alibaba Cloud
* Eco Community Sdn Bhd
*Yardi Systems Inc.
* MRI Software Inc.
*ResMan (Nordic Capital)
* Maintenance Connection
*Rockend Pty. Ltd.
* Abacus Credit Management
* PropertyMe Pty. Ltd
*HiRUM Software Applications
*REI Master Pty. Ltd.

These enterprises are focusing on growth strategies, such as new product launches, expansions, acquisitions, and agreements & partnerships to expand their end uses across the globe.
Key Benefits of the Report:
* Global, regional, country, component, end use, and application market size and their forecast from 2014-2025
* Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
* Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
* Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
* Analysis on Key players’ strategic initiatives and competitive developments, such as joint ventures, mergers, sales contracts, and new product launches in the market
* Expert interviews and their insights on market shift, current and future outlook, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, Components, end uses, and Applications with qualitative and quantitative information and facts
* Identification of the key patents filed in the field of Property Management Platform

Target Audience:
* Property Management Platform manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Property Managers/ Agents and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, Property Managers/ Agents and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Property Managers/ Agents Body & Associations
* Research Institutes

Project Analysis

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