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.
Property Management Software Market by Solution [Shipment Analysis by Value from 2018 to 2030]:
• Software
• Services
Property Management Software Market by Software [Shipment Analysis by Value from 2018 to 2030]:
• Cloud
• On-Premises
Property Management Software Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Others
Property Management Software Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Housing Associations
• Property Managers/ Agents
• Property Investors
• Others
Property Management Software Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
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-
• AppFolio
• Console Australia
• CoreLogic
• MRI Software
• RealPage
• REI Master
• Yardi Systems
• Zillow Group
• ManageCasa
• Entrata
Property Management Software Market Insights
Lucintel forecasts that residential will remain the 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 playersÄX%$%X 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 $7.0 billion by 2030.
Q2. What is the growth forecast for property management software market?
Answer: The global property management software market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the property management software market?
Answer: The major drivers for this market are growing real estate market demand, especially in developing nations, rising investment in workforce management and quality monitoring, as well as, increasing demand from PMS suppliers for web-based services, particularly software as a service (SaaS).
Q4. What are the major segments for property management software market?
Answer: The future of the global property management software market looks promising with opportunities in the housing association, property managers/ agent, and property investor markets.
Q5. Who are the key property management software market companies?
Answer: Some of the key property management software companies are as follows:
• AppFolio
• Console Australia
• CoreLogic
• MRI Software
• RealPage
• REI Master
• Yardi Systems
• Zillow Group
• ManageCasa
• Entrata
Q6. Which property management software market segment will be the largest in future?
Answer: Lucintel forecasts that residential will remain the larger segment over the forecast period due to rising investments in real estate.
Q7. In property management software market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to significant playersÄX%$%X 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.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the property management software market by solution (software and services), software (cloud and on-premises), application (residential, commercial, and others), end use (housing associations, property managers/ agents, property investors, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Property Management Software Market, Property Management Software Market Size, Property Management Software Market Growth, Property Management Software Market Analysis, Property Management Software Market Report, Property Management Software Market Share, Property Management Software Market Trends, Property Management Software Market Forecast, Property Management Software Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.