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Property Management Software Market-Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Solution (Rental and Tenant Management, Property Sale and Purchase Solution, Marketing and Advertising, Legal and Insurance Consultancy and Accounting and Cash Flow Management Software), By Deployment model (On Cloud, On Premises), By End User (Industrial, Commercial and Residential) By Region, Competition
Market Report I 2023-09-05 I 190 Pages I TechSci Research
Global Property Management Software is anticipated to grow at a robust pace during the forecast period, 2024-2028 owing to an increase in demand for Property Management Software (PMS) because of growing demand for web-based services such as Software as a Service (SaaS) from property management software providers, the global Property Management Software market is growing during the forecast period. Property management software is becoming increasingly popular as the sector gets more complicated and competitive. As companies expand, so does the demand for a property management system that can keep up with landlords' and renters' ever-changing needs. Property managers must be able to manage payments, maintain inventory, respond to complaints, and much more. Today's worldwide property management software industry offers a wide range of solutions. Some property managers prefer web-based solutions, while others prefer to install software on their own PCs. There are hybrid systems as well, which blend web-based and installation systems. Whatever choice a property manager chooses, it is critical to evaluate their unique needs and preferences.
The market for Property Management Software (PMS) is predicted to have an incremental increase due to rising demand for web-based services such as Software as a Service (SaaS) from property management software providers. A SaaS-enabled PMS aids in the management of everyday activities such as tenant and lease tracking, building maintenance, and accounting, among other things. The program provides a single platform for viewing all properties as well as oversight of other property-related activities such as maintenance duties and tenant needs.
Surge in digitalization adoption, as well as reliance on Software-as-a-Service (SaaS) platforms
The increased acceptance of digitalization and dependence on software-as-a-service will drive the global property management software market. The increased use of artificial intelligence (AI) and machine learning technologies in property management allows for the monitoring of real-time information on inhabitants and location. AI-powered property management software gives users with realistic appraisals and important information. In the property management sector, augmented reality (AR) and virtual reality (VR) technology provide purchasers with a virtual tour of different homes to enhance their experience. This is helping to increase the use of property management software in the real estate business. which is expected to support market growth over the course of the projection period.
Property Management Task Streamlining and Real Estate Investment Management to Drive Global Market
Property management entails overseeing and directing operations on the property. Individuals with personal property or property managers can remotely manage the property, monitoring everyday activities such as reporting, accounting, lease tracking, repairs, planning, and sales. Property managers and owners enjoy utilizing property management software because of the transparency it provides. The program can easily manage and govern all types and sizes of properties. Legal executives are frequently provided by property management suppliers to handle legal processes. This is especially important when managing remote assets. Furthermore, property owners and managers are stressing the collection and maintenance of property information to improve data administration and accessibility using centralized property management software. During the forecast period, this is projected to fuel demand for real estate property management software.
Market Segmentation
Global Property Management Software is segmented on the basis of solution, deployment model and end user. Based on solution, the market is further segmented into rental and tenant management, property sale and purchase solution, marketing and advertising, and accounting and cash flow management software. Based on deployment model, the market is further bifurcated into on cloud and on premises. Based on end user, the market is further segmented into industrial, commercial and residential.
Market Player
Major market players in the Global Property Management Software Market are Entrata, Inc, Alibaba Cloud International, Microsoft Corporation, Console Australia Pty. Ltd, Oracle Corporation, PropertyMe Pty. Ltd, REI Master Pty.Ltd, Telenet Systems Pvt. Ltd, Telrad Networks Ltd, IQware Inc.
Report Scope:
In this report, the Global Property Management Software has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Property Management Software Market, By Solution:
o Rental and Tenant Management
o Property Sale and Purchase Solution
o Marketing and Advertising
o Legal and Insurance Consultancy
o Accounting and Cash Flow Management Software
- Property Management Software Market, By Deployment model:
o On Cloud
o On Premises
- Property Management Software Market, By End User:
o Industrial
o Commercial
o Residential
- Property Management Software Market, By Region:
o North America
- United States
- Canada
- Mexico
o Asia-Pacific
- India
- China
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
o Europe
- Germany
- United Kingdom
- France
- Russia
- Switzerland
- Belgium
- Italy
o South America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
o Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Israel
- Turkey
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Property Management Software.
Available Customizations:
With the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Service Overview
2. Research Methodology
3. Impact of COVID-19 on Global Property Management Software
4. Executive Summary
5. Voice of Customers
6. Global Property Management Software Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Solution (Rental and Tenant Management, Property Sale and Purchase Solution and Accounting and Cash Flow Management Software)
6.2.2. By Deployment model (On Cloud, On Premises)
6.2.3. By End User (Industrial, Commercial, Residential)
6.2.4. By Region
6.3. By Company (2022)
6.4. Market Map
7. North America Property Management Software Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Solution
7.2.2. By Deployment model
7.2.3. By End User
7.2.4. By Country
7.3. North America: Country Analysis
7.3.1. United States Property Management Software Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Solution
7.3.1.2.2. By Deployment model
7.3.1.2.3. By End User
7.3.2. Canada Property Management Software Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Solution
7.3.2.2.2. By Deployment model
7.3.2.2.3. By End User
7.3.3. Mexico Property Management Software Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Solution
7.3.3.2.2. By Deployment model
7.3.3.2.3. By End User
8. Asia-Pacific Property Management Software Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Solution
8.2.2. By Deployment model
8.2.3. By End User
8.2.4. By Country
8.3. Asia-Pacific: Country Analysis
8.3.1. China Property Management Software Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Solution
8.3.1.2.2. By Deployment model
8.3.1.2.3. By End User
8.3.2. India Property Management Software Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Solution
8.3.2.2.2. By Deployment model
8.3.2.2.3. By End User
8.3.3. Japan Property Management Software Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Solution
8.3.3.2.2. By Deployment model
8.3.3.2.3. By End User
8.3.4. South Korea Property Management Software Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Solution
8.3.4.2.2. By Deployment model
8.3.4.2.3. By End User
8.3.5. Australia Property Management Software Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Solution
8.3.5.2.2. By Deployment model
8.3.5.2.3. By End User
8.3.6. Singapore Property Management Software Market Outlook
8.3.6.1. Market Size & Forecast
8.3.6.1.1. By Value
8.3.6.2. Market Share & Forecast
8.3.6.2.1. By Solution
8.3.6.2.2. By Deployment model
8.3.6.2.3. By End User
8.3.7. Malaysia Property Management Software Market Outlook
8.3.7.1. Market Size & Forecast
8.3.7.1.1. By Value
8.3.7.2. Market Share & Forecast
8.3.7.2.1. By Solution
8.3.7.2.2. By Deployment model
8.3.7.2.3. By End User
9. Europe Property Management Software Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Solution
9.2.2. By Deployment model
9.2.3. By End User
9.3. Europe: Country Analysis
9.3.1. Germany Property Management Software Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Solution
9.3.1.2.2. By Deployment model
9.3.1.2.3. By End User
9.3.2. United Kingdom Property Management Software Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Solution
9.3.2.2.2. By Deployment model
9.3.2.2.3. By End User
9.3.3. France Property Management Software Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Solution
9.3.3.2.2. By Deployment model
9.3.3.2.3. By End User
9.3.4. Russia Property Management Software Market Outlook
9.3.4.1. Market Size & Forecast
9.3.4.1.1. By Value
9.3.4.2. Market Share & Forecast
9.3.4.2.1. By Solution
9.3.4.2.2. By Deployment model
9.3.4.2.3. By End User
9.3.5. Switzerland Property Management Software Market Outlook
9.3.5.1. Market Size & Forecast
9.3.5.1.1. By Value
9.3.5.2. Market Share & Forecast
9.3.5.2.1. By Solution
9.3.5.2.2. By Deployment model
9.3.5.2.3. By End User
9.3.6. Belgium Property Management Software Market Outlook
9.3.6.1. Market Size & Forecast
9.3.6.1.1. By Value
9.3.6.2. Market Share & Forecast
9.3.6.2.1. By Solution
9.3.6.2.2. By Deployment model
9.3.6.2.3. By End User
9.3.7. Italy Property Management Software Market Outlook
9.3.7.1. Market Size & Forecast
9.3.7.1.1. By Value
9.3.7.2. Market Share & Forecast
9.3.7.2.1. By Solution
9.3.7.2.2. By Deployment model
9.3.7.2.3. By End User
10. South America Property Management Software Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Solution
10.2.2. By Deployment model
10.2.3. By End User
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Property Management Software Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Solution
10.3.1.2.2. By Deployment model
10.3.1.2.3. By End User
10.3.2. Argentina Property Management Software Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Solution
10.3.2.2.2. By Deployment model
10.3.2.2.3. By End User
10.3.3. Colombia Property Management Software Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Solution
10.3.3.2.2. By Deployment model
10.3.3.2.3. By End User
10.3.4. Peru Property Management Software Market Outlook
10.3.4.1. Market Size & Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Solution
10.3.4.2.2. By Deployment model
10.3.4.2.3. By End User
10.3.5. Chile Property Management Software Market Outlook
10.3.5.1. Market Size & Forecast
10.3.5.1.1. By Value
10.3.5.2. Market Share & Forecast
10.3.5.2.1. By Solution
10.3.5.2.2. By Deployment model
10.3.5.2.3. By End User
11. Middle East & Africa Property Management Software Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Solution
11.2.2. By Deployment model
11.2.3. By Country
11.3. Middle East & Africa: Country Analysis
11.3.1. Saudi Arabia Property Management Software Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Solution
11.3.1.2.2. By Deployment model
11.3.1.2.3. By End User
11.3.2. South Africa Property Management Software Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Solution
11.3.2.2.2. By Deployment model
11.3.2.2.3. By End User
11.3.3. UAE Property Management Software Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Solution
11.3.3.2.2. By Deployment model
11.3.3.2.3. By End User
11.3.4. Israel Property Management Software Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Solution
11.3.4.2.2. By Deployment model
11.3.4.2.3. By End User
11.3.5. Turkey Property Management Software Outlook
11.3.5.1. Market Size & Forecast
11.3.5.1.1. By Value
11.3.5.2. Market Share & Forecast
11.3.5.2.1. By Solution
11.3.5.2.2. By Deployment model
11.3.5.2.3. By End User
12. Market Dynamics
12.1. Drivers
12.1.1. Surge in digitalization adoption, as well as reliance on software-as-a-service (SaaS) platforms.
12.1.2. Property Management Task Streamlining and Real Estate Investment Management to Drive Global Market
12.2. Challenges
12.2.1. The high cost of Property Management Software is expected to stifle market growth.
12.2.2. Risks associated with new technologies.
13. Market Trends & Developments
13.1. Investing more in workforce management
13.2. Real estate business demand is increasing.
13.3. Increased adoption of Property Management Software in residential sector.
14. Company Profiles
14.1. Entrata, Inc
14.1.1. Business Overview
14.1.2. Key Revenue and Financials
14.1.3. Recent Developments
14.1.4. Key Personnel
14.1.5. Key Product/End-user Industry
14.2. Alibaba Cloud International
14.2.1. Business Overview
14.2.2. Key Revenue and Financials
14.2.3. Recent Developments
14.2.4. Key Personnel
14.2.5. Key Product/Services
14.3. Microsoft Corporation
14.3.1. Business Overview
14.3.2. Key Revenue and Financials
14.3.3. Recent Developments
14.3.4. Key Personnel
14.3.5. Key Product/Services
14.4. Console Australia Pty. Ltd
14.4.1. Business Overview
14.4.2. Key Revenue and Financials
14.4.3. Recent Developments
14.4.4. Key Personnel
14.4.5. Key Product/Services
14.5. Oracle Corporation
14.5.1. Business Overview
14.5.2. Key Revenue and Financials
14.5.3. Recent Developments
14.5.4. Key Personnel
14.5.5. Key Product/Services
14.6. REI Master Pty.Ltd
14.6.1. Business Overview
14.6.2. Key Revenue and Financials
14.6.3. Recent Developments
14.6.4. Key Personnel
14.6.5. Key Product/Services
14.7. PropertyMe Pty. Ltd
14.7.1. Business Overview
14.7.2. Key Revenue and Financials
14.7.3. Recent Developments
14.7.4. Key Personnel
14.7.5. Key Product/Services
14.8. Telenet Systems Pvt. Ltd
14.8.1. Business Overview
14.8.2. Key Revenue and Financials
14.8.3. Recent Developments
14.8.4. Key Personnel
14.8.5. Key Product/Services
14.9. Telrad Networks Ltd
14.9.1. Business Overview
14.9.2. Key Revenue and Financials
14.9.3. Recent Developments
14.9.4. Key Personnel
14.9.5. Key Product/Services
14.10. IQware Inc
14.10.1. Business Overview
14.10.2. Key Revenue and Financials
14.10.3. Recent Developments
14.10.4. Key Personnel
14.10.5. Key Product/Services
15. Strategic Recommendations
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