Press release
Lease Management Market Outlook & Key Trends 2024
Lease Management Market Outlook
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8600&type=smp
According to The Business Research Company's, The lease management market size has grown strongly in recent years. It will grow from $4.19 billion in 2023 to $4.48 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increased complexity in lease agreements, globalization and expansion, focus on cost efficiency, operational streamlining, risk mitigation.
The lease management market size is expected to see strong growth in the next few years. It will grow to $5.92 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to vendor competition and innovation, sustainability and esg considerations, integrated solutions, cost optimization, remote work and collaboration, transition to cloud-based solutions. Major trends in the forecast period include ai and analytics, focus on automation and ai, integration with enterprise systems, customization and scalability, focus on user experience.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/lease-management-global-market-report
Market Drivers and Trends:
The growing transportation industry is expected to boost the growth of the lease management market going forward. Transportation, also known as transport, refers to the intentional movement of people, animals, and goods from one location to another. The growing transportation industry drives the demand for sophisticated lease management solutions to efficiently handle the leasing and management of vehicles, ensuring compliance, optimizing operational efficiency, and supporting overall business growth. For instance, in November 2022, according to a report published by the Bureau of Transportation Statistics, a US-based agency, according to the Transportation Satellite Accounts (TSAs) of the Bureau of Transportation Statistics (BTS), transportation services (for-hire, internal, and home) contributed $1.3 trillion (5.6%) to an increased U.S. gross domestic product (GDP) of $23.7 trillion in 2021. In-house transportation via truck, rail, water, and air increased by 0.1 percentage points to 1.0% in 2021. Therefore, the growing transportation industry is driving the growth of the lease management market.
Technological advancements are a key trend gaining popularity in the lease management market. Major companies operating in lease management are introducing new technologies to sustain their position in the market. For instance, in February 2021, Dottid, a US-based software-as-a-service technology platform for the commercial real estate industry, launched industrial property leasing and asset management platform. It is an innovative workflow management tool that was developed to connect owners, managers, brokers, and tenants for secure and effective communication. The solution includes visual tools, access, and process management to help all parties involved in a transaction save time and money.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
LeaseAccelerator Inc., Nakisa Lease Administration, CoStar Realty Information Inc., AppFolio Inc., Trimble Inc., RealPage Inc., Oracle Corporation, SAP SE, International Business Machines Corporation, Nomos Limited, PowerPlan Inc., SMR Group, SOFT4Lessee, SS&C Technologies Inc., Tango Analytics, Visual Lease LLC, Accruent LLC, Odessa Technologies Inc., Spacebase GmbH, LeaseEagle LLC, MRI Software, Qube Global Software, NTrust Infotech Inc., Virtual Premise Inc., Infosite Technologies Inc, SpaceTrak, Yardi Systems, Visual Data Group, Corrigo, iLease Management LLC
Lease management Market 2024 Key Insights:
• The lease management market size is expected to see strong growth in the next few years. It will grow to $5.92 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.
• The Surge In Workplace Mobility Fuels Growth In The Lease Management Market
• Advanced Technological Trends In Lease Management Market
• North America was the largest region in the lease management market share in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=8600&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lease Management Market Outlook & Key Trends 2024 here
News-ID: 3741195 • Views: …
More Releases from The Business Research Company
Ergonomic Office Chairs Market Size Forecast: $17.84 Billion by 2029 | Global Ou …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Ergonomic Office Chairs Market by 2025?
The market size of ergonomic office chairs has experienced constant growth over the past few years. The market worth is anticipated to rise from $13.81 billion in 2024 to $14.49 billion in 2025, presenting a compound…
Carbon Composites Market Growth to be Driven by Emerging Trends | $28.25 Billion …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Carbon Composites Industry?
In the recent past, the carbon composites market has witnessed a significant expansion in its size. The market, worth $20.57 billion in 2024, is projected to rise to $21.71 billion in 2025, exhibiting a compound annual growth rate (CAGR) of…
Acrylic Surface Coating Industry Growth Outlook: 7.1% CAGR and $40.66 Billion by …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Acrylic Surface Coating Market Size 2025?
In recent times, there has been a substantial uptick in the growth of the acrylic surface coating market. The market is projected to expand from $29.11 billion in 2024 to $30.87 billion in 2025, showcasing a Compound Annual…
Global UV Inkjet Printing Market Expansion at 9.4% CAGR, Valued at $86.05 Billio …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the UV Inkjet Printing Market Size Forecast for 2025?
The market for UV inkjet printing has experienced substantial growth in recent years, with its value set to increase from $54.85 billion in 2024 to $60.09 billion in 2025. This translates to a compound annual growth rate (CAGR) of…
More Releases for Lease
Invest Smarter with Triple Net Lease Properties: Discover the Benefits with Net …
Investors are constantly on the lookout for stable and profitable opportunities to grow their portfolios while minimizing management responsibilities. Triple Net Lease (NNN) properties have emerged as one of the most attractive investment options, offering passive income, lower risk, and long-term financial security. Net Lease World, a leading online platform, specializes in 1031 exchange properties and nnn properties for sale [https://www.netleaseworld.com/], helping investors harness the full potential of triple net…
Lease Management Gaining Momentum
Lease management software enables users to effectively manage all information related to rented premises. Increasing demand for the SaaS model for effective management of lease coupled with the growing demand for lease management software by various end-user to increase efficiency, save time, reduces mistakes, and making more facets of the lease accessible
Download PDF Copy @ https://www.theinsightpartners.com/sample/TIPRE00013872?utm_source=OpenPR&utm_medium=10392
The List of Companies
1. Accruent, LLC
2. AMTdirect
3. IBM Corporation
4. MRI Software LLC
5. Nakisa, Inc.
6. Oracle…
Lease Management Service Market: Beating Historical Challenges, What's Next| Wip …
The Latest Released Lease Management Service market study has evaluated the future growth potential of Global Lease Management Service market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with…
Ship Leasing Market to Eyewitness Massive Growth by 2030: Global Ship Lease, Fir …
Advance Market Analytics published a new research publication on "Ship Leasing Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Ship Leasing market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Global Lease Accounting and Management Software Market Trends Analysis, Size, Sh …
The New Report “Global Lease Accounting and Management Software Market" published by Reports Web, covers the competitive landscape analysis and its growth prospects over the coming years. The report also covers the major region such as North America, Europe, Asia Pacific, Middle East & Africa, South & Central America and its growth rate.
Top Companies Covered in this Report:
Tango, MRI Software, PowerPlan, IBM, Visual Lease, TURBO-Lease, KPMG, Soft4Lessee, LeaseQuery, Accruent,…
Global Lease Accounting Software Market 2019 by Top Key Manufacturers: Accruent, …
MarketResearchNest.com adds “Global Lease Accounting Software Market Growth (Status and Outlook) 2019-2024”new report to its research database. The report spread across 117 pages with multiple tables and figures in it.
According to this study, over the next five years the Lease Accounting Software market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In…
