Outlook on the Property Management Software Global Market to 2026

DUBLIN, Oct. 7, 2021 /PRNewswire/ — The “Property Management Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global property management software market reached a value of US$ 1.51 Billion in 2020. Looking forward, the analyst expects the global market to grow at a CAGR of 5.6{17904359e11cbfc70ac4d65bb875d3d2975e2e10411d6a84f2c5acc6e507ba2f} during 2021-2026. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Property management software (PMS) refers to an application-based solution used by property managers to automate back-office, financial and administrative operations. It performs various functions, such as financial reporting, generating electronic agreements, storing and sharing documents online and integrated banking. It also aids in minimizing the manual labor required for collecting rents and scheduling maintenance and repair activities and the tracking of tenants and leaseholders. This enables the managers, owners and operators to simplify and automate the tasks associated with managing the properties. Owing to this, it is widely used for handling residential and commercial properties.

Global Property Management Software Market Trends and Drivers

Significant expansion in the real estate sector, along with increasing automation across industries, is one of the key factors creating a positive outlook for the property management software market. PMS offers a highly reliable, user-friendly and secure platform to the realtors that minimizes the risks of human error and enables the property managers to assign and delegate tasks effectively. Additionally, various technological advancements, such as integration with artificial intelligence (AI), machine learning (ML), virtual reality (VR) and cloud-computing solutions, are acting as other growth-inducing factors. These solutions provide a transparent and centralized platform for storing e-documents, maintaining tenant communications through messages and emails and facilitating online rent payment. Other factors, including rising infrastructural developments and widespread adoption of software-as-a-service (SaaS)-based business models, along with increasing expenditure capacities of the consumers, are projected to drive the market further.

Story continues

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being Accruent LLC (Fortive Corporation), Appfolio Inc., Chetu Inc., Console Australia Pty Ltd, Corelogic Inc., London Computer Systems Inc., MRI Software LLC, Oracle Corporation, Realpage Inc., Resman LLC, Yardi Systems Inc., etc.

Key Questions Answered in This Report

• How has the global property management software market performed so far and how will it perform in the coming years?

• What are the key regional markets?

• What has been the impact of COVID-19 on the global property management software system market?

• What is the breakup of the market based on the component?

• What is the breakup of the market based on the application?

• What are the various stages in the value chain of the industry?

• What are the key driving factors and challenges in the industry?

• What is the structure of the global property management software market and who are the key players?

• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Property Management Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Deployment Types
6.1.2.1 On-Premises
6.1.2.2 Cloud-Based
6.1.3 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Major Types
6.2.2.1 System Integration
6.2.2.2 Training and Support
6.2.2.3 Consulting
6.2.3 Market Forecast

7 Market Breakup by Application
7.1 Non-Residential
7.1.1 Market Trends
7.1.2 Major Types
7.1.2.1 Retail Spaces
7.1.2.2 Office Spaces
7.1.2.3 Hotels
7.1.2.4 Others
7.1.3 Market Forecast
7.2 Residential
7.2.1 Market Trends
7.2.2 Major Types
7.2.2.1 Multi-Family Housing
7.2.2.2 Single-Family Housing
7.2.2.3 Others
7.2.3 Market Forecast

8 Market Breakup by Region

9 SWOT Analysis

10 Value Chain Analysis

11 Porters Five Forces Analysis

12 Price Analysis

13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 Accruent LLC (Fortive Corporation)
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Appfolio Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.3 Chetu Inc.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 Console Australia Pty Ltd
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Corelogic Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 London Computer Systems Inc.
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 MRI Software LLC
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 Oracle Corporation
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.8.4 SWOT Analysis
13.3.9 Realpage Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.10 Resman LLC
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.11 Yardi Systems Inc.
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio

For more information about this report visit https://www.researchandmarkets.com/r/a06km5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716

View original content:https://www.prnewswire.com/news-releases/outlook-on-the-property-management-software-global-market-to-2026—by-component-application-and-region-301395401.html

SOURCE Research and Markets