Press release
Multi-family/HOA Property Management Software Market Expected to Reach 1290 million US$ by the end of 2025
Property management software helps property managers manage their daily operations. These operations include tenant and lease tracking, accounting, and building maintenance. The software solution provides property managers a centralized platform to view all their properties. It also ensures the progress of other property-related operations such as supervising maintenance tasks and addressing the needs of tenants. Multi-family and HOA Property Management Software is the Property Management Software used in Multi-family and HOA (Homeowners Associations) field.
On the basis of type, the Multi-family and HOA Property Management Software market is segmented into On-Premise Type and Cloud-Based Type. The Cloud-Based PMS segment is expected to grow faster in the future.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence.
In 2017, the global Multi-family/HOA Property Management Software market size was 800 million US$ and it is expected to reach 1290 million US$ by the end of 2025, with a CAGR of 6.2% during 2018-2025.
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The key players covered in this study
Yardi Systems
RealPage
Entrata
MRI Software
CoreLogic
AppFolio
Chetu
Syswin Soft
Property Boulevard
Buildium
Rockend
Console Group
PropertyBoss Solutions
Infor
ResMan
Market segment by Type, the product can be split into
On-Premise Type
Cloud-Based Type
Market segment by Application, split into
Rental Properties
Homeowners Associations
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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