Global Property Management Software Market 2023-2027
Technavio has been monitoring the property management software market and is forecast to grow by USD 1070.63 mn during 2022-2027, accelerating at a CAGR of 6.04% during the forecast period. Our report on the property management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness of property management software and its benefits, adherence to industry and government regulations for property listings, and the increasing importance of customer-centric business processes.
Technavio's property management software market is segmented as below:
By Deployment
By Application
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the use of AI, ML, voice commands, and virtual reality (VR) making property management software robust as one of the prime reasons driving the property management software market growth during the next few years. Also, the use of data analytics to improve the viability of property management software and blockchain and smart contracts will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the property management software market covers the following areas:
- Property management software market sizing
- Property management software market forecast
- Property management software market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading property management software market vendors that include Accruent, AppFolio Inc., Console Australia Pty Ltd., CoreLogic Inc., Entrata Inc., Hemlane Inc., LCS, MRI Software LLC, Nemetschek SE, Oracle Corp., Property Boulevard Inc., Property Matrix, Property Vista Software Inc., Quicken Inc., RealPage Inc., Rentec Direct, ResMan LLC, TenantCloud LLC, TOPS Software LLC, and Yardi Systems Inc. Also, the property management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.