Property Management Software Market Key Players Analysis 2031
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.
MARKET SCOPE
The "Global Property Management Software Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the property management software market with detailed market segmentation by type, applications and geography. The report provides key statistics on the market status of the leading property management software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global property management software market is segmented into on-premise PMS, cloud-based PMS
- On the basis of applications, the market is segmented into household, hospitality and vacation rental, commercial, industrial
MARKET DYNAMICS
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.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The property management software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the property management software market in these regions.
IMPACT OF COVID-19 ON PROPERTY MANAGEMENT SOFTWARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The property management software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the property management software market in these regions.
IMPACT OF COVID-19 ON PROPERTY MANAGEMENT SOFTWARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the property management software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from property management software market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the property management software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AppFolio, Inc.
- Buildium
- Entrata, Inc.
- London Computer Systems
- MRI Software
- Property Boulevard
- RealPage
- Rent manager
- TenantCloud
- TOPS Software, LLC.
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Property Management Software Market - By Types
1.3.2 Property Management Software Market - By Application
1.3.3 Property Management Software Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PROPERTY MANAGEMENT SOFTWARE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. PROPERTY MANAGEMENT SOFTWARE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PROPERTY MANAGEMENT SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1. PROPERTY MANAGEMENT SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. PROPERTY MANAGEMENT SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PROPERTY MANAGEMENT SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - TYPES
7.1. OVERVIEW
7.2. TYPES MARKET FORECASTS AND ANALYSIS
7.3. ON-PREMISE PMS
7.3.1. Overview
7.3.2. On-Premise PMS Market Forecast and Analysis
7.4. CLOUD-BASED PMS
7.4.1. Overview
7.4.2. Cloud-based PMS Market Forecast and Analysis
8. PROPERTY MANAGEMENT SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOUSEHOLD
8.3.1. Overview
8.3.2. Household Market Forecast and Analysis
8.4. HOSPITALITY AND VACATION RENTAL
8.4.1. Overview
8.4.2. Hospitality and Vacation Rental Market Forecast and Analysis
8.5. COMMERCIAL
8.5.1. Overview
8.5.2. Commercial Market Forecast and Analysis
8.6. INDUSTRIAL
8.6.1. Overview
8.6.2. Industrial Market Forecast and Analysis
9. PROPERTY MANAGEMENT SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Property Management Software Market Overview
9.1.2 North America Property Management Software Market Forecasts and Analysis
9.1.3 North America Property Management Software Market Forecasts and Analysis - By Types
9.1.4 North America Property Management Software Market Forecasts and Analysis - By Application
9.1.5 North America Property Management Software Market Forecasts and Analysis - By Countries
9.1.5.1 United States Property Management Software Market
9.1.5.1.1 United States Property Management Software Market by Types
9.1.5.1.2 United States Property Management Software Market by Application
9.1.5.2 Canada Property Management Software Market
9.1.5.2.1 Canada Property Management Software Market by Types
9.1.5.2.2 Canada Property Management Software Market by Application
9.1.5.3 Mexico Property Management Software Market
9.1.5.3.1 Mexico Property Management Software Market by Types
9.1.5.3.2 Mexico Property Management Software Market by Application
9.2. EUROPE
9.2.1 Europe Property Management Software Market Overview
9.2.2 Europe Property Management Software Market Forecasts and Analysis
9.2.3 Europe Property Management Software Market Forecasts and Analysis - By Types
9.2.4 Europe Property Management Software Market Forecasts and Analysis - By Application
9.2.5 Europe Property Management Software Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Property Management Software Market
9.2.5.1.1 Germany Property Management Software Market by Types
9.2.5.1.2 Germany Property Management Software Market by Application
9.2.5.2 France Property Management Software Market
9.2.5.2.1 France Property Management Software Market by Types
9.2.5.2.2 France Property Management Software Market by Application
9.2.5.3 Italy Property Management Software Market
9.2.5.3.1 Italy Property Management Software Market by Types
9.2.5.3.2 Italy Property Management Software Market by Application
9.2.5.4 United Kingdom Property Management Software Market
9.2.5.4.1 United Kingdom Property Management Software Market by Types
9.2.5.4.2 United Kingdom Property Management Software Market by Application
9.2.5.5 Russia Property Management Software Market
9.2.5.5.1 Russia Property Management Software Market by Types
9.2.5.5.2 Russia Property Management Software Market by Application
9.2.5.6 Rest of Europe Property Management Software Market
9.2.5.6.1 Rest of Europe Property Management Software Market by Types
9.2.5.6.2 Rest of Europe Property Management Software Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Property Management Software Market Overview
9.3.2 Asia-Pacific Property Management Software Market Forecasts and Analysis
9.3.3 Asia-Pacific Property Management Software Market Forecasts and Analysis - By Types
9.3.4 Asia-Pacific Property Management Software Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Property Management Software Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Property Management Software Market
9.3.5.1.1 Australia Property Management Software Market by Types
9.3.5.1.2 Australia Property Management Software Market by Application
9.3.5.2 China Property Management Software Market
9.3.5.2.1 China Property Management Software Market by Types
9.3.5.2.2 China Property Management Software Market by Application
9.3.5.3 India Property Management Software Market
9.3.5.3.1 India Property Management Software Market by Types
9.3.5.3.2 India Property Management Software Market by Application
9.3.5.4 Japan Property Management Software Market
9.3.5.4.1 Japan Property Management Software Market by Types
9.3.5.4.2 Japan Property Management Software Market by Application
9.3.5.5 South Korea Property Management Software Market
9.3.5.5.1 South Korea Property Management Software Market by Types
9.3.5.5.2 South Korea Property Management Software Market by Application
9.3.5.6 Rest of Asia-Pacific Property Management Software Market
9.3.5.6.1 Rest of Asia-Pacific Property Management Software Market by Types
9.3.5.6.2 Rest of Asia-Pacific Property Management Software Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Property Management Software Market Overview
9.4.2 Middle East and Africa Property Management Software Market Forecasts and Analysis
9.4.3 Middle East and Africa Property Management Software Market Forecasts and Analysis - By Types
9.4.4 Middle East and Africa Property Management Software Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Property Management Software Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Property Management Software Market
9.4.5.1.1 South Africa Property Management Software Market by Types
9.4.5.1.2 South Africa Property Management Software Market by Application
9.4.5.2 Saudi Arabia Property Management Software Market
9.4.5.2.1 Saudi Arabia Property Management Software Market by Types
9.4.5.2.2 Saudi Arabia Property Management Software Market by Application
9.4.5.3 U.A.E Property Management Software Market
9.4.5.3.1 U.A.E Property Management Software Market by Types
9.4.5.3.2 U.A.E Property Management Software Market by Application
9.4.5.4 Rest of Middle East and Africa Property Management Software Market
9.4.5.4.1 Rest of Middle East and Africa Property Management Software Market by Types
9.4.5.4.2 Rest of Middle East and Africa Property Management Software Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Property Management Software Market Overview
9.5.2 South and Central America Property Management Software Market Forecasts and Analysis
9.5.3 South and Central America Property Management Software Market Forecasts and Analysis - By Types
9.5.4 South and Central America Property Management Software Market Forecasts and Analysis - By Application
9.5.5 South and Central America Property Management Software Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Property Management Software Market
9.5.5.1.1 Brazil Property Management Software Market by Types
9.5.5.1.2 Brazil Property Management Software Market by Application
9.5.5.2 Argentina Property Management Software Market
9.5.5.2.1 Argentina Property Management Software Market by Types
9.5.5.2.2 Argentina Property Management Software Market by Application
9.5.5.3 Rest of South and Central America Property Management Software Market
9.5.5.3.1 Rest of South and Central America Property Management Software Market by Types
9.5.5.3.2 Rest of South and Central America Property Management Software Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PROPERTY MANAGEMENT SOFTWARE MARKET, KEY COMPANY PROFILES
11.1. APPFOLIO, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BUILDIUM
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ENTRATA, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LONDON COMPUTER SYSTEMS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MRI SOFTWARE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PROPERTY BOULEVARD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. REALPAGE
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. RENT MANAGER
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TENANTCLOUD
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TOPS SOFTWARE, LLC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AppFolio, Inc.
2. Buildium
3. Entrata, Inc.
4. London Computer Systems
5. MRI Software
6. Property Boulevard
7. RealPage
8. Rent manager
9. TenantCloud
10. TOPS Software, LLC.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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