The self-storage software market is expected to register a CAGR of 8.1% during 2023–2031. The rise of contactless rentals in self-storage is likely to remain a key trend in the market.
Self-Storage Software Market Analysis
- The self-storage software market includes growth prospects owing to the current market trends and their foreseeable impact during the forecast period.
- The self-storage software market is growing owing to factors such as the increasing trend of self-storage and the rising focus on cyber security.
- Cloud-based self-storage and the rising need for smart access control systems in self-storage management provide lucrative opportunities for the self-storage software market.
Self-Storage Software Market Overview
- Self-storage facilities have become a thriving industry, giving people and companies the extra space they severely need for their belongings.
- In recent times, there has been a notable spike in the global market for self-storage applications due to technology improvements and the growing need for effective management solutions.
- Businesses in various sectors rely heavily on these self-storage software management solutions to improve client satisfaction and streamline operations.
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Self-Storage Software Market: Strategic Insights
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Self-Storage Software Market: Strategic Insights
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Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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Self-Storage Software Market Drivers and Opportunities
Increasing Trend Of Self-Storage to Favor Market
- With the increasing demand for space, self-storage is gaining traction. In today’s modern world, virtually all activities occur online or via digital means.
- The self-storage sector has become essential due to shifting consumer choices and shifting demographic dynamics. In the storage industry, it can be difficult to maintain track of new expenses, changing market rates, tax payments, utility bills, past-due payments, payments from new clients, and past-due installations as business expands.
- Hence, companies are increasingly utilizing self-storage technology to protect client data and optimize operations. For instance, millennials account for around 35% of all self-storage users in the US.
Cloud Based Self-Storage
- The cloud-based self-storage management solutions are revolutionizing the self-storage software market, offering remarkable flexibility, scalability, and convenience.
- Self-storage organizations can streamline operations, increase productivity, and improve customer service by utilizing cloud resources. Complete scalability is one of the key benefits of a cloud-based self-storage management system.
- As a result, warehouse owners can easily and affordably scale up or down their warehouse management systems in response to shifting consumer and industry demands as well as changes in commercial preferences.
- Self-storage software that is primarily cloud-based offers higher security and dependability. Storage operators reduce the risk of data loss or breaches by storing data on off-site servers and secure data centers managed by reliable cloud service providers.
Self-Storage Software Market Report Segmentation Analysis
Key segments that contributed to the derivation of the self-storage software market analysis are component, deployment, enterprise size and vertical.
- By component, the market is bifurcated into solutions and services.
- By deployment, the market is bifurcated into cloud and on-premises.
- By enterprise size, the market is bifurcated into SMEs and large enterprises.
- By vertical, the market is segmented into IT & telecom, BFSI, healthcare & life sciences, government, retail, and others.
Self-Storage Software Market Share Analysis by Geography
- The self-storage software market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering self-storage software market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the self-storage software market in these regions.
Self-Storage Software Market Report Scope
Self-Storage Software Market News and Recent Developments
The self-storage software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the self-storage software market are listed below:
- Hitachi Vantara, the modern infrastructure, data management, and digital solutions subsidiary of Hitachi, Ltd., announced the transformation of its existing data storage portfolio with the introduction of Hitachi Virtual Storage Platform One, a single hybrid cloud data platform. With Hitachi Virtual Storage Platform One, organizations can efficiently manage their workloads and data resources, including cloud self-service, intelligent workload management, and integrated copy data management. (Source: Hitachi Vantara, Press Release, October 2023)
- Vantiva announced the launch of Vantiva Smart Storage, the first end-to-end Wi-Fi and Internet of Things (IoT) software-as-a-service solution for the self-storage industry. Designed to transform self-storage facilities into smart spaces, this solution leverages Vantiva’s position as a leader in networked connectivity to empower property owners and operators to deliver a modern, efficient and customer-centric storage experience while driving growth and profitability. (Source: Vantiva, Press Release, September 2023)
Self-Storage Software Market Report Coverage and Deliverables
The “Self-Storage Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Self-storage software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Self-storage software market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Self-storage software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the self-storage software market
- Detailed company profiles
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.
Frequently Asked Questions
The global self-storage software market is expected to grow at a CAGR of 8.1% during the forecast period 2023 - 2031.
The increasing trend of self-storage and the rising focus on cyber security are the major factors driving the self-storage software market.
The rise of contactless rentals in self-storage is anticipated to play a significant role in the global self-storage software market in the coming years.
The leading players operating in the self-storage software market are Easy Storage Solutions; Empower Software Technologies; Madwire, LLC; Syrasoft Management Software; 6Storage; Unit Trac; StorEDGE; QuikStor Security & Software; AndraTech Software; and The Storage Group
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and a country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Self Storage Software Market - By Deployment Type
1.3.2 Self Storage Software Market - By Enterprise Size
1.3.3 Self Storage Software Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SELF STORAGE SOFTWARE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SELF STORAGE 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. SELF STORAGE SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1. SELF STORAGE SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. SELF STORAGE SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SELF STORAGE SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT TYPE
7.1. OVERVIEW
7.2. DEPLOYMENT TYPE MARKET FORECASTS AND ANALYSIS
7.3. CLOUD
7.3.1. Overview
7.3.2. Cloud Market Forecast and Analysis
7.4. ON-PREMISES
7.4.1. Overview
7.4.2. On-premises Market Forecast and Analysis
8. SELF STORAGE SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
8.1. OVERVIEW
8.2. ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
8.3. SMALL AND MEDIUM-SIZE ENTERPRISES
8.3.1. Overview
8.3.2. Small and Medium-Size Enterprises Market Forecast and Analysis
8.4. LARGE ENTERPRISES
8.4.1. Overview
8.4.2. Large Enterprises Market Forecast and Analysis
9. SELF STORAGE SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Self Storage Software Market Overview
9.1.2 North America Self Storage Software Market Forecasts and Analysis
9.1.3 North America Self Storage Software Market Forecasts and Analysis - By Deployment Type
9.1.4 North America Self Storage Software Market Forecasts and Analysis - By Enterprise Size
9.1.5 North America Self Storage Software Market Forecasts and Analysis - By Countries
9.1.5.1 United States Self Storage Software Market
9.1.5.1.1 United States Self Storage Software Market by Deployment Type
9.1.5.1.2 United States Self Storage Software Market by Enterprise Size
9.1.5.2 Canada Self Storage Software Market
9.1.5.2.1 Canada Self Storage Software Market by Deployment Type
9.1.5.2.2 Canada Self Storage Software Market by Enterprise Size
9.1.5.3 Mexico Self Storage Software Market
9.1.5.3.1 Mexico Self Storage Software Market by Deployment Type
9.1.5.3.2 Mexico Self Storage Software Market by Enterprise Size
9.2. EUROPE
9.2.1 Europe Self Storage Software Market Overview
9.2.2 Europe Self Storage Software Market Forecasts and Analysis
9.2.3 Europe Self Storage Software Market Forecasts and Analysis - By Deployment Type
9.2.4 Europe Self Storage Software Market Forecasts and Analysis - By Enterprise Size
9.2.5 Europe Self Storage Software Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Self Storage Software Market
9.2.5.1.1 Germany Self Storage Software Market by Deployment Type
9.2.5.1.2 Germany Self Storage Software Market by Enterprise Size
9.2.5.2 France Self Storage Software Market
9.2.5.2.1 France Self Storage Software Market by Deployment Type
9.2.5.2.2 France Self Storage Software Market by Enterprise Size
9.2.5.3 Italy Self Storage Software Market
9.2.5.3.1 Italy Self Storage Software Market by Deployment Type
9.2.5.3.2 Italy Self Storage Software Market by Enterprise Size
9.2.5.4 United Kingdom Self Storage Software Market
9.2.5.4.1 United Kingdom Self Storage Software Market by Deployment Type
9.2.5.4.2 United Kingdom Self Storage Software Market by Enterprise Size
9.2.5.5 Russia Self Storage Software Market
9.2.5.5.1 Russia Self Storage Software Market by Deployment Type
9.2.5.5.2 Russia Self Storage Software Market by Enterprise Size
9.2.5.6 Rest of Europe Self Storage Software Market
9.2.5.6.1 Rest of Europe Self Storage Software Market by Deployment Type
9.2.5.6.2 Rest of Europe Self Storage Software Market by Enterprise Size
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Self Storage Software Market Overview
9.3.2 Asia-Pacific Self Storage Software Market Forecasts and Analysis
9.3.3 Asia-Pacific Self Storage Software Market Forecasts and Analysis - By Deployment Type
9.3.4 Asia-Pacific Self Storage Software Market Forecasts and Analysis - By Enterprise Size
9.3.5 Asia-Pacific Self Storage Software Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Self Storage Software Market
9.3.5.1.1 Australia Self Storage Software Market by Deployment Type
9.3.5.1.2 Australia Self Storage Software Market by Enterprise Size
9.3.5.2 China Self Storage Software Market
9.3.5.2.1 China Self Storage Software Market by Deployment Type
9.3.5.2.2 China Self Storage Software Market by Enterprise Size
9.3.5.3 Japan Self Storage Software Market
9.3.5.3.1 Japan Self Storage Software Market by Deployment Type
9.3.5.3.2 Japan Self Storage Software Market by Enterprise Size
9.3.5.4 Rest of Asia-Pacific Self Storage Software Market
9.3.5.4.1 Rest of Asia-Pacific Self Storage Software Market by Deployment Type
9.3.5.4.2 Rest of Asia-Pacific Self Storage Software Market by Enterprise Size
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Self Storage Software Market Overview
9.4.2 Middle East and Africa Self Storage Software Market Forecasts and Analysis
9.4.3 Middle East and Africa Self Storage Software Market Forecasts and Analysis - By Deployment Type
9.4.4 Middle East and Africa Self Storage Software Market Forecasts and Analysis - By Enterprise Size
9.4.5 Middle East and Africa Self Storage Software Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Self Storage Software Market
9.4.5.1.1 South Africa Self Storage Software Market by Deployment Type
9.4.5.1.2 South Africa Self Storage Software Market by Enterprise Size
9.4.5.2 Saudi Arabia Self Storage Software Market
9.4.5.2.1 Saudi Arabia Self Storage Software Market by Deployment Type
9.4.5.2.2 Saudi Arabia Self Storage Software Market by Enterprise Size
9.4.5.3 U.A.E Self Storage Software Market
9.4.5.3.1 U.A.E Self Storage Software Market by Deployment Type
9.4.5.3.2 U.A.E Self Storage Software Market by Enterprise Size
9.4.5.4 Rest of Middle East and Africa Self Storage Software Market
9.4.5.4.1 Rest of Middle East and Africa Self Storage Software Market by Deployment Type
9.4.5.4.2 Rest of Middle East and Africa Self Storage Software Market by Enterprise Size
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Self Storage Software Market Overview
9.5.2 South and Central America Self Storage Software Market Forecasts and Analysis
9.5.3 South and Central America Self Storage Software Market Forecasts and Analysis - By Deployment Type
9.5.4 South and Central America Self Storage Software Market Forecasts and Analysis - By Enterprise Size
9.5.5 South and Central America Self Storage Software Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Self Storage Software Market
9.5.5.1.1 Brazil Self Storage Software Market by Deployment Type
9.5.5.1.2 Brazil Self Storage Software Market by Enterprise Size
9.5.5.2 Argentina Self Storage Software Market
9.5.5.2.1 Argentina Self Storage Software Market by Deployment Type
9.5.5.2.2 Argentina Self Storage Software Market by Enterprise Size
9.5.5.3 Rest of South and Central America Self Storage Software Market
9.5.5.3.1 Rest of South and Central America Self Storage Software Market by Deployment Type
9.5.5.3.2 Rest of South and Central America Self Storage Software Market by Enterprise Size
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. SELF STORAGE SOFTWARE MARKET, KEY COMPANY PROFILES
11.1. 6STORAGE
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. ANDRATECH SYSTEMS CORPORATION
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. CENTREFORCE TECHNOLOGY GROUP
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. DOMICO SOFTWARE
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. EASYSPACE
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. RADICAL SYSTEMS (UK) LTD.
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. SITELINK SOFTWARE, LLC.
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. STOREDGE
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. U-HAUL
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. UNIT TRAC
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
The List of Companies
1. 6Storage
2. AndraTech Systems Corporation
3. Centreforce Technology Group
4. Domico Software
5. EasySpace
6. RADical Systems (UK) Ltd.
7.SiteLink Software, LLC.
8. storEDGE
9. U-Haul
10. Unit Trac
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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