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(EstateNewsWire.com, March 20, 2019 ) Property management software helps property managers manage their daily operations. These operations include tenant and lease tracking, accounting, and building maintenance. The software solution provides property managers a centralized platform to view all their properties. It also ensures the progress of other property-related operations such as supervising maintenance tasks and addressing the needs of tenants.
The global property management software market is fragmented due to the presence of several international and regional vendors holding market shares across the globe. Large companies acquire smaller companies to enhance their product portfolio and market share. These deals help established companies acquire advanced technologies to enter new markets.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
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Over the next five years, it is projected that Property Management Software will register a 5.8% CAGR in terms of revenue, reach US$ 3330 million by 2023, from US$ 2380 million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Property Management Software market by product type, application, key companies and key regions.
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Qube Global Software
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To calculate the market size, it is considered value generated from the sales of the following segments:
Segmentation by product type:
On-Premise PMS (Property Management Software)
Cloud-Based PMS (Property Management Software)
Segmentation by application:
Hospitality and Vacation Rental Application
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Table of Contents:
1 Scope of the Report
2 Executive Summary
3 Global Property Management Software by Players
4 Property Management Software by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
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