PUBLISHER: Lucintel | PRODUCT CODE: 1522971
PUBLISHER: Lucintel | PRODUCT CODE: 1522971
Property Management Software Trends and Forecast
The future of the global property management software market looks promising with opportunities in the housing association, property managers/ agent, and property investor markets. The global property management software market is expected to reach an estimated $7.0 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are growing real estate market demand, especially in developing nations, rising investment in workforce management and quality monitoring, as well as, increasing demand from PMS suppliers for web-based services, particularly software as a service (SaaS).
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Property Management Software by Segment
The study includes a forecast for the global property management software by solution, software, application, end use, and region.
List of Property Management Software Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies property management software companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the property management software companies profiled in this report include-
Property Management Software Market Insights
Lucintel forecasts that residential will remain larger segment over the forecast period due to rising investments in real estate.
Within this market, property managers/ agent will remain the largest segment due to increased efficiency and productivity, allowing them to manage more properties effectively.
North America will remain the largest region over the forecast period due to significant players' presence in the region and the growing hotel spaces.
Features of the Global Property Management Software Market
Market Size Estimates: Property management software market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Property management software market size by solution, software, application, end use, and region in terms of value ($B).
Regional Analysis: Property management software market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different solution, software, application, end use, and regions for the property management software market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the property management software market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the property management software market size?
Answer: The global property management software market is expected to reach an estimated $7.0 billion by 2030.
Q2. What is the growth forecast for property management software market?
Answer: The global property management software market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the property management software market?
Answer: The major drivers for this market are growing real estate market demand, especially in developing nations, rising investment in workforce management and quality monitoring, as well as, increasing demand from PMS suppliers for web-based services, particularly software as a service (SaaS).
Q4. What are the major segments for property management software market?
Answer: The future of the global property management software market looks promising with opportunities in the housing association, property managers/ agent, and property investor markets.
Q5. Who are the key property management software market companies?
Answer: Some of the key property management software companies are as follows:
Q6. Which property management software market segment will be the largest in future?
Answer: Lucintel forecasts that residential will remain larger segment over the forecast period due to rising investments in real estate.
Q7. In property management software market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to significant players' presence in the region and the growing hotel spaces.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.