Property Management Software Market By Deployment (Cloud-based and On-premise) Forecast 2014 to 2023
Industry Outlook and Trend Analysis
The Property Management Software Market has encountered significant development in the recent years and is foreseen to develop tremendously over the forecast period. The increasing demand for property management software among agents, enterprises, and merchants is developing at a quick pace. This is on the grounds that they work with gigantic measures of property management related information obtained from various sources. The customary property management forms included a great deal of printed material and required a lot of storage space. The increasing adoption of property management software diminishes out the usage of paper since every one of the tasks is digitized. This lessens the requirement for storage room and helps the earth. The software manages property damage, resident complaints, unexpected maintenance requests, tenant files, accounting issues, and payment problems.
Deployment Outlook and Trend Analysis
In 2016, the cloud-based software fragment commanded the property management software market and represented a major share of the overall industry. The expanding focus of ventures on diminishing their IT infrastructure expenses and enhancing the agility, flexibility, and efficiency of their advertising activities is the key contributing component in the predominance of this fragment in the property management software market.
Regional Outlook and Trend Analysis
The Americas are foreseen to rule the property management software market over the forecast period. The consolidation of a major number of vendors and customers in the US and Canada is the critical factor in charge for the development of the property management software market in the Americas.
The leading players in the market are London Computer Systems (LCS), Entrata, RealPage, Property Boulevard, Buildium, Yardi Systems, MRI Software, AppFolio, Rockend Technology and TOPS Software. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Property Management Software Market is segmented as follows-
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?