Press release
Real Estate Management Solution Market-Entry and Industry Expansion Strategies for Coming Years
Majorly, Real Estate Management Solution comprises of property management features (property posting, property management, document management, data security, and control and authorization) along with client relationship management (lead management, campaign management, account management, reporting, and overall deal management).
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Real Estate Management Solution Market: Drivers & Challenges
The real estate investment market currently is potentially huge, being estimated at approximately seven trillion USD. But, in terms of technologies and innovation, the real estate industry has lagged behind in comparison to other industries. In order to reduce the cost involved, increase returns, and better manage real estate properties, the property managers and owners are moving towards Real Estate Management Solution which aids in easier management of property. This need is driving the market for Real Estate Management Solutions market. Also, factors like need for data security, real-time access of data, scalability with evolving business needs, and reduction in time involved, are pushing the demand for efficient property management solution/ Real Estate Management Solution. One of the few challenges being faced by real estate companies in the Real Estate Management Solution market is with educating/introducing the usage of these solutions to their staff. Extensive training is required to train the employees for using these Real Estate Management Solutions.
The Real Estate Management Solutions have experienced considerable adoption across the industry, amongst large property management agencies, property owners, and property managers including small traditional property managers. But, in the present scenario, adoption of advanced technologies such as machine learning and AI which gives an upbeat approach to real estate management, is trending in the industry, expected to push the Real Estate Management Solution market.
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Real Estate Management Solution Market: Segmentation
Segmentation of Real Estate Management Solution Market, By Functionality
Location Management:
Facility and Space Management.
Contract Management:
Contract and Lease Administration.
Segmentation of Real Estate Management Solution Market, By Deployment
On-Premise
Cloud
Segmentation of Real Estate Management Solution Market, By Application
Commercial
Residential
Segmentation of Real Estate Management Solution Market, By End-user
Property Owners
Property Managers
Large Corporations
Real Estate Management Solution Market: Regional Overview
North America is expected to lead the Real Estate Management Solution market in terms of market share, majorly driven by the incessantly surging rental property demands in the U.S. Growth of Real Estate Management Solution market in North America is also expected to be fuelled by higher adoption of Business Intelligence (BI) software, as well as implementation of Artificial Intelligence (AI) in automating the property management tasks.
Real Estate Management Solution Market: Competitive Landscape
Key Contracts/Agreement/Acquisitions
In May 2016, RealPage Inc., on-demand software and software-enabled services provider to real estate industry, acquired AssetEye Inc. which is a data aggregation, reporting, and collaboration platform for organizations with multiple real estate assets. This acquisition aimed RealPage Inc. to enhance its SaaS offerings to serve commercial, hospitality, multifamily, single family, senior living, and student housing sectors.
Key Players
Few of the major players in Real Estate Management Solution market include Buildium, AppFolio, Inc., MRI Software, Building Engines, Yardi Systems, Inc., Cozy, MAINTENANCE CONNECTION, IBM, Sage Group plc, RealPage, Inc., Entrata, Inc., Planon Corporation, Accruent, SS&C Technologies Holdings, Inc., Quick Base, Rentec Direct, Axxerion, and others.
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The report covers exhaustive analysis on:
Real Estate Management Solution Market Segments
Real Estate Management Solution Market Segments
Historical Actual Market Size, 2012 - 2016
Real Estate Management Solution Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain
Real Estate Management Solution Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Real Estate Management Solution Market Drivers and Restraints
Regional analysis for Real Estate Management Solution Market includes development of these systems in the following regions:
North America
US & Canada
Latin America
Brazil, Mexico, Others
Europe
Western Europe
Germany
France
U.K.
Spain
Italy
Nordic
BENELUX
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
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