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Global Property Management Software Market Outlook 2023 Business Strategies, Emerging Trends, Top Manufacturers And Forecast To 2032 | AppFolio, Inc., Console Australia Pty Ltd., CORELOGIC, Entrata, Inc., InnQuest Software
Property Management Software Market
Property Management Software Market Size, Growth Rate, And Forecast:
The global property management software market size grew from $1.75 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The property management software market size is expected to grow to $2.19 billion in 2027 at a CAGR of 4.7%.
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Property Management Software Market Drivers:
The increase in investments in smart cities is expected to propel the growth of the property management software market during the forecast period. Governments around the world are investing in the creation of smart cities. Smart city technologies uses information and communication technologies to efficiently manage and operate urban services, thus creating demand for efficient management of properties. The European Union is actively promoting smart city initiatives, with funds for research and sustainability targets for member states. The concept of smart cities is becoming more popular in developing nations too.
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Property Management Software Market Segments:
By Deployment: Cloud, On-premise
By Application: Residential, Commercial
By End-User: Housing Associations, Property Managers/Agents, Property Investors, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Property Management Software Market.
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Property Management Software Market Key Players:
Major competitors in the property management software market include AppFolio, Inc., Console Australia Pty Ltd., CORELOGIC, Entrata, Inc., InnQuest Software, IQware Inc., RealPage, Inc.
The Business Research Company's "Global Property Management Software Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Property Management Software Market Include:
1. Executive Summary
2. Property Management Software Market Characteristics
3. Property Management Software Market Trends And Strategies
4. Property Management Software Market - Macro Economic Scenario
5. Property Management Software Market Size And Growth
……
26. Africa Property Management Software Market
27. Property Management Software Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Property Management Software Market
29. Property Management Software Market Future Outlook and Potential Analysis
30. Appendix
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