Global Property Management Software market size is projected to reach USD 5.45 billion by 2028, from an estimated USD 2.87 billion in 2021, registering a CAGR of 9.6%.
Property Management Software popularly known as PMS helps in managing daily operations which includes tenant and lease tracking, building maintenance, accounting, etc. thus providing a centralized platform to view all the property-related activities. PMS solutions have shifted from manual to automatic management solutions. The automatic property management solution has improved the property management software system, thereby decreasing human errors and allowing property managers to allocate work assignments efficiently to avoid interruptions in service.
Leading companies reviewed in the Property Management Software Market report are:
- AppFolio
- Buildium
- MRI Software
- RealPage
- Yardi Systems
- Accruent
- ARGUS Software
- Genkan
- PROMAS
- London Computer Systems and other major players.
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Introspective Market Research offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. Introspective Market Research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
Segmentation of Property Management Software Market:
In Market Segmentation By Types, The Property Management Software Market Report Covers:
- On-premise property management software
- Cloud property management software
In Market Segmentation By Applications, The Property Management Software Market Report Covers The Following Uses:
- Commercial
- Residential
The Following Regions Are Highlighted In This Global Property Management Software Market:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
Property management software market competitive landscape provides details about competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance.
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Impact of Covid-19 on Property Management Software (PMS) Market
The Covid-19 pandemic has impacted worldwide economy. Real Estate sector has been badly hit in this period. Shutdown of large corporate and residential projects has been observed in this pandemic which has decreased the sales of the PMS. With introduction of 5G and IOT and governments all over the world planning to develop smart cities, PMS sales are forecasted to comeback at normal situation as the situation normalizes.
Key Reasons to Buy This Global Property Management Software Market Report:
- This report provides an associate degree investigation of the world Global Property Management Software market.
- The report evaluates the foremost distinguished market growth potential, dynamic market trends, drivers, constraints, investment opportunities, and threats.
- The report more identifies key regions and segments dominating the Global Property Management Software Market.
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