Artificial Intelligence is overwhelmingly driving the web-based property management market with multitasking and automated real estate business operation. With the advent of cloud services, property management vendors such as Yardi and Buildium utilize web-based software in collaboration with the latest techniques (Building Information Modeling (BIM)) that offer comprehensive property management, control, and maintenance of any commercial, lease, private or governmental estates. These benefits have remarkable positive impact on the global property management market revenue which stood at $1.21 billion in 2018, according to the latest business publication from IndustryARC. Growing business in the corporate sector requires equal management and handling of every task, but it is quite difficult to accomplish efficiency of every particular being indulged in diverse works. Ultimately entrepreneurs require the involvement of third party associates for handling many core business tasks such as property management. With a lot of modules coming into the forefront, property owners earlier relied on professional property managers to simplify the property related accountabilities. This elevated the demand for technology proficient property management software which is estimated to grow at a CAGR of 7.52% through to 2025.
The report is titled “Property
Management Market - Industry Analysis, Market Size, Share, Trends, Application
Analysis, Growth and Forecast (2019-2025).” It provides a comprehensive insight
on different aspects of the property management market along with geographical
revenue share, scope and opportunities, and strategic and patent analysis.
Property Management Market: Competitive Landscape:
North America contributed a major
regional share of 38.48% in 2018, as per the aforementioned report. The U.S.
experiences high revenue income owing to development in various industrial
sectors and innovations in the technological field. With a stable economic
population in this region, the property management market leverage significant
benefits through service towards residential, non-residential, government, and
private properties along with large scale real estate investments and rental
With advancements in sectors such
as web-based lease accounting and real estate management, asset maintenance
management, and reservation management through advanced property management
software; small scale business enterprises can leverage cost-effective services
and solutions related to their properties. The commercial sector such as retail
business will exert huge demand pull on property management market which is
estimated to grow at a CAGR of 8.39% during the forecast period of 2019-2025.
The market players dominating the
property management market are AppFolio, Buildium, LCS, Entrata, Console Group,
Resman, Rentec Direct, and others.
Global Property Management Market: Growth Drivers And Trends:
Cloud Software Services:
Property management software work
in link with cloud computing thereby offering a wide range of services to
operators such as paperless documentation, maintenance, accounting and property
analyzer, property information and provision for property advertising in social
media. With all data being stored on a cloud system, it is a reliable and an
easy accessible source for businesses. There is an increasing demand of property
management from various sectors such as construction and real estates,
government, hospitality, and retail end-users attributing to the cost-effective
and secured, time-saving property management methods.
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can you expect from the report?
The property management market is prepared with the
main agenda to cover the following 20 points:
1. Market Size by Product
Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant
Market Data 12. Country level Analysis
Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market
5. Pricing Analysis 15. Value Chain
6. Top 10 End user Analysis 16.
Supply Chain Analysis
7. Product Benchmarking 17.
8. Product Developments 18. Current
& Future Market Landscape Analysis
9. Mergers & Acquisition
Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and
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application or end user industry.
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in geography chapter.
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smaller companies or companies which are of interest to you.
4. Company profiles can be
requested based on your interest.
5. Patent analysis, pricing,
product analysis, product benchmarking, value and supply chain analysis can be
requested for a country or end use segment.
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