Thursday 31 March 2016, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Global Property Management Software Market: AppFolio, Buildium, London Computer Systems, MRI Software, RealPage, and Yardi Systems.
Other Prominent Vendors in the market are: Accruent, ARGUS Software, Genkan, PROMAS, Property Boulevard, Rentec Direct, RentPost, Realty Information Systems, Rosmiman Software Corporation, Skyline Property Management, Total Management, TOPS Software.
Commenting on the report, an analyst said: “One of the major trends in the maket is the growing demand for property management software and solutions among corporations. As a result of globalization, enterprises have to operate on a global scale and have therefore started investing in real estate software to manage their global property-related operations such as the development of new projects and the establishment of a manufacturing plant. With the help of web-based real estate software, even small and medium-sized enterprises will be able to maintain better transparency and visibility with regard to their real estate operations.”
According to the report, the software’s ability to provide easy access to property management data is one of the major drivers of the market. Real estate enterprises handle a large amount of data and they need software to automatically track the information stored in their IT systems. They also require software solutions to manage online sales and purchases of properties to improve their overall operational efficiency. Enterprises also use software for facility management.
Further, the report states that Real estate enterprises are very skeptical about sharing their confidential data as most of the data deal with financial planning, budgeting, and contract management. Most vendors in the market provide software as a service (SaaS)/web-based solutions. The risk of information leakage is present in a SaaS-based model, resulting in unauthorized access and misuse of data.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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