Market Research Future (MRFR), in its latest “Global Property Management Market” report, unravel market growth factors. As per MRFR analysis, the property management global market is likely to rise at 7.3% CAGR and touch USD 21.4 Bn by 2025.
Some of Major Global Property Management Market Players Profiled are:
Re-Leased Software Company Ltd, Skyline Property Management, Rosmiman Software Corporation, Buildium, MRI Software LLC, AppFolio, Inc., Yardi Systems, Inc., IBM, Oracle, Trimble Inc., SAP, RealPage, Inc., Spacewell, Accruent, and Chetu Inc. The introduction of agreeable property management services can benefit the worldwide market.
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There are multiple benefits of property management. In rise in awareness of well-suited property management services and advantages can boost their worldwide market. The rise in rental requirement can underpin the property management market surge. Latest technologies, such as big data and IoT can benefit the worldwide property management market.
The property management market study is based on deployment, component, end user, and application.
The component-type based segments of the property management market are solution and services. The service segments are consulting services, integration services, and training and maintenance services. The solution segment can cause expansion of the market size. However, the service segment is likely to rise registering a decent CAGR across the study period. Under the service segment, integration services are expected to win high profits for the property management market. High number of property managers are encountering the demand for integration services, along with ERP and facility management solutions. This can prompt the expansion of the property management market.
The deployment-based segments of the property management market are cloud-based solution and on-premise. The cloud-based property management solution segment rise can expedite at a considerable pace. The scalability and cost affordability of cloud solution can provide thrust to the property management solutions business.
The application-based segments of the property management market are commercial and residential. The commercial segments are office spaces, hospitality, retail, and others. The commercial application segment of the market can register a high CAGR is through the forecast period owing to surge in demand for rental offices.
The end-user-based segments of the property management market are property manager or agent, and housing association
The application-based segments of the property management market are commercial and residential. The increased need for commercial rentals due to the expansion of industries can support the property management solutions in the coming years. Rise in employment rate in observed to cast positive impact on the property management marker due to the increased need for residential rentals.
North America property management market share is likely to be high in the global market. The rise of the regional property management market can be attribute to increased housing developments and hefty investment by real-estate companies in various technologies to ensure improved efficacy of property management. Europe property management market is lucrative, reveals MRFR. The increase investment in maintenance and repair of residential and commercial space can cause the global property management market to surge at a high rate across the UK, France, Spain, Germany, Italy, and the rest of EU.
Paramount Corp Bhd, in Malaysia, plans to expand its property management business in overseas. The agenda is to provide property management solutions and services to less urbanized regions, such as, Manila in The Philippines, Bangkok in Thailand and Ho Chi Minh city in Vietnam.
Bahrain Real Estate Investment Company, popularly known as Edamah in APAC, entered into property management agreement with Bahrain Development Bank (BDB). As per the deal, Edamah would take over the management of Sitra Mall in Sitra, Bahrain.
Table of Content:
1. EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Property Management Market, By Component
1.1.2. Global Property Management Market, By Deployment
1.1.3. Global Property Management Market, By End-User
1.1.4. Global Property Management Market, By Application
1.1.5. Global Property Management Market, By Region
2. MARKET INTRODUCTION
2.2. Scope of The Study
2.3. Market Structure
3. RESEARCH METHODOLOGY
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
Continued. . .
List of Table:
TABLE 1 LIST OF ASSUMPTIONS
TABLE 2 GLOBAL PROPERTY MANAGEMENT MARKET, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 3 GLOBAL PROPERTY MANAGEMENT MARKET, BY DEPLOYMENT, 2018–2025 (USD MILLION)
TABLE 3 GLOBAL PROPERTY MANAGEMENT MARKET, BY END-USER, 2018–2025 (USD MILLION)
TABLE 4 GLOBAL PROPERTY MANAGEMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 5 GLOBAL PROPERTY MANAGEMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
Continued. . .
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