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Property Management Software Market to Grow Exponentially to Reach $2.70 Billion by 2030, with a CAGR of 5.6%

10-26-2022 05:18 PM CET | Industry, Real Estate & Construction

Press release from: Strategic Market Research

Property Management Software Market to Grow Exponentially

The global property management software market size was worth USD 3.04 billion in 2021, estimated to grow at a CAGR of 5.6% between 2022 to 2030. The market is forecasted to witness a huge uproar in demand for web-based software as a service(SAAS) by property management software providers. Many property managers (PM) must keep up with various tasks and works across myriad number of residential or commercial properties in order to keep their renters happy & willing to renew their respective leases. Property management software can assist a PM to overcome these challenges & increase efficiency and profitability. It offers online maintenance requests and tracking, accounting capabilities, financial reporting, and electronic lease agreements. The automatic property management solution has aided in reducing the time consumed in responding to complaints and grievances of owners or tenants.

Make a Direct Purchase of the latest Property Management Software Market Report published in the month of Sep-2022. Click the below link to initiate the purchase: https://strategicmarketresearch.com/buy-now/property-management-software-market

MARKET GROWTH
Increase in investment in real estate
The main factor for the rise in real estate investment is the ballooning of commercial construction activities worldwide. Many attributes are behind real estate success, PropTech paltform, capital flow, cropping up of new talents and innovations, and cyber risk management. The main determinant that pushes the commercial real estate business is efficient property management by a centralized administration, even from a distant location.

Integration of cloud-based technology in property management as the property management business grows with new services, the cloud helps with storage and computing demands. Cloud-based management focuses on the installation of sensors in the infrastructure facilities of hotels. Even updates are taken care of by the software itself, which helps in less waste of time.

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APPLICATION OUTLOOK
The market is divided into two segments commercial and residential. The residential segment registered the largest revenue in 2020 and will expand in the estimated period. The commercial segment is further divided into retail spaces, hotels, office spaces, etc. Even the commercial segment will see a huge demand in the forecasted period.

This report forecasts revenue growth at the global, country, and regional levels and analyzes the latest industry trends in each of the sub-segments from 2017 to 2030.

Key Companies
· AppFolio, Inc.
· CoreLogic
· Yardi Systems Inc.
· Console Australia Pty. Ltd
· REI Master
· IQware Inc.
· InnQuest Software
· Entrata, Inc
· MRI Software LLC

· Yardi Systems Inc.
· RealPage, Inc.


Before initiating a purchase, make a Pre-order inquiry and get a detailed overview of the content of the report: https://strategicmarketresearch.com/pre-order-enquiry/property-management-software-market


Segmentation of Property Management Software Market

Deployment Outlook
· On-premises
· Cloud

End-user Outlook (Revenue, USD Million, 2017 - 2030)
· Property Investors
· Property Managers/ Agents
· Housing Associations
· Others

Application Outlook
Residential
o Multi-family Housing/ Apartments
o Single-family Housing
o Others

Commercial
o Retail Spaces
o Office Spaces
o Hotels
o Others


Regional Outlook
North America
o U.S.
o Canada

Europe
o U.K.
o Germany
o Spain
o France

Asia Pacific
o India
o China
o Japan

Latin America
o Brazil
o Mexico
· Middle East & Africa

To Know More Visit: https://www.strategicmarketresearch.com/market-report/property-management-software-market

Contact Us:
Strategic Market Research LLP.
Sunil Kumar
India: +91-8260836500
Email: info@strategicmarketresearch.com
Web: https://www.strategicmarketresearch.com
Blog: https://www.strategicmarketresearch.com/blog
Blog: https://www.strategicmarketresearch.com/blogs/metaverse-statistics
Press Release: https://www.strategicmarketresearch.com/press-releases

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