07-11-2018 10:21 PM CET - IT, New Media & Software

Global Property Management Software Market Analysis, Market Size, Market Growth, Competitive Strategies, and Worldwide Demand, Regional Outlook, Industry Analysis During 2018-2022

Press release from: Research N Reports

Research N Reports has announced the addition of a new market intelligence report. The report is titled, “Global Property Management Software Market Size, Status and Forecast 20220”. The report comprises of the market growth figures since last few years and the estimated growth trajectory for the coming future.

The Global Property Management Software Market will grow steadily at an average annual rate of over +6% by 2022. One of the key drivers of this market is the growing need for accurate documentation. Demand for asset management software between enterprises, agents and brokers is rapidly increasing. This is because they work with huge amounts of asset management data from other sources. Traditional asset management processes required a lot of paperwork and a lot of storage space. Adoption of asset management software increases the size of the property management market as all work is digitized, eliminating paper use. This reduces the need for storage space and helps the environment. The software handles unexpected maintenance requests, property loss, tenant files, resident complaints, payment issues, and accounting issues. The global software market also allows asset management software to accurately document and monitor risk management issues.

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One of the recent trends in the Property management software market is the integration of augmented reality (AR) into asset management. AR enables a lot of customization and decision making. For example, IKEA has launched an app that allows homeowners to place furniture in the living room of a virtual world. According to Property management industry analysts, this technique allows potential buyers to make furniture decisions quickly and easily at home looking at the furniture in the new building. This ability of AR made it mandatory for all travel management and property management companies to provide AR on Property sites. This is expected to accelerate the growth of the global Property management software market in the next few years.

The Property management software market can be categorized by component, application, end user and region. Based on the components, the asset management software market can be classified as software and services. Software segments can be further divided into on premises and the cloud. Services can be categorized into systems integration, training and support, and consulting. In terms of applications, the property management software market can be divided into commercial and residential. The commercial sector can be further subdivided into retail spaces, office spaces, hotels, airports, and harbors. The residential sector can be further categorized into multi-family homes / apartments, single-family homes, and student housing.

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Multi-family housing sub-segments can be classified as apartment buildings (low-rise buildings) and apartment towers (high-rise buildings). Based on end users, markets can be classified as housing unions, property managers / agents, corporate occupiers and real estate investors. From a regional perspective, North America is expected to dominate the market, not only with the emergence of prominent global and domestic real estate management software providers across the region, but also due to the widespread deployment and dissemination of asset management software. The Asia Pacific asset management software market is expected to expand rapidly during the forecast period. This is largely due to the rapid growth of the infrastructure and the increased demand for improved data management and accessibility for the collection and maintenance of property information.

Some of the key players in property management software market are:
Yardi Systems, Inc., AppFolio, Inc., Buildium, LLC, MRI Software, LLC, CoreLogic, ResMan, Entrata, Inc., Maintenance Connection, Property Boulevard, Rentec Direct, Chetu Inc., PropertyBoss Solutions. Rockend Pty. Ltd., Re-Leased Software Company Ltd, Rosmiman Software Corporation, Skyline Property Management, Qube Global Software, and Rentec Direct.
The Property Management Software Market Report mainly covers following

Chapter 1 Property Management Software Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast

For Any Query on Property Management Software market report, Speak to Industry Expert at: www.researchnreports.com/enquiry_before_buying.php?id=177451

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