Market Overview:
The global garage door software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for smart and automated garage doors across the globe. In addition, rising awareness about safety and security is also propelling the growth of this market. Based on type, the global garage door software market can be segmented into cloud-based and on-premise segments. The cloud-based segment is projected to register higher CAGR during the forecast period as compared to on-premise segment owing to its advantages such as low cost, easy installation, and scalability. In terms of application, large enterprises are expected to hold a dominant position in this market throughout the forecast period followed by small and medium sized enterprises (SMEs). This can be attributed due high adoption rate of advanced technologies by large enterprises coupled with growing demand for smart homes globally.
Product Definition:
Garage door software is a type of program that helps users to operate and control garage doors. It can provide features for opening and closing the garage door, monitoring the status of the door, adjusting the settings, and more. Garage door software can be helpful in cases where there is no physical access to the garage or when there are multiple people who need to operate the garage door.
Cloud-based:
Cloud-based software is a collection of services that provide shared functionality to multiple users over the internet. It offers benefits such as increased efficiency, flexibility and cost-effectiveness which in turn helps organizations increase their revenues. The cloud-based garage door software market is expected to witness significant growth owing to increasing demand for remote access solutions along with growing awareness regarding security issues associated with conventional on premise systems.
On-premise:
On-premise software is a type of cloud computing software that is installed and used on the end user's own computers or servers. The data can be accessed from any location as long as there is an internet connection. On-premise solutions are preferred by large organizations that need to protect their confidential data such as customer information, financial records, and other business critical documents. These solutions offer high security levels since they are installed and operated locally.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing trend of office parks and gated communities has led to an increased number of large enterprises adopting smart solutions for their operations. Furthermore, with the help of smartphone applications, consumers can remotely open and close their garage doors from a distance. This feature allows them to save time as well as avoid human errors during opening or closing procedures.
The SMEs segment is projected to exhibit significant growth over the forecast period owing to increasing adoption across countries such as India, China, Australia etc., where remote working is increasingly becoming a practice due to flexible employment policies offered by these countries. With remote access through mobile devices, it becomes easier for small businesses/SMEs owners/operators (to) monitor & control all operations from one place (remote location).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing demand for advanced security systems and entry of several key players such as Amazon Web Services, Inc.; Google LLC; and IBM Corporation into the regional market. Moreover, presence of a large number of residential as well as commercial properties increases adoption rate of these systems in North America.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing investments by prominent players such as Bally Technology; Digital Garage Door Co., Ltd.; Hyundai Heavy Industries Co., Ltd.; and Samsung Electronics Co., Ltd. These companies are focusing on developing cost-effective solutions that meet growing consumer demand for convenient software with enhanced features at lower costs across emerging economies including China, India, South Korea & Japan (CIKD). Furthermore rising disposable income coupled with increased spending on home automation products will drive regional growth further.
Growth Factors:
- Increasing demand for automated garage door systems
- Rising awareness about the benefits of using garage door software
- Growing popularity of smart home technologies
- Proliferation of DIY (Do It Yourself) culture among homeowners
- Technological advancements in the field of garage door software
Scope Of The Report
Report Attributes
Report Details
Report Title
Garage Door Software Market Research Report
By Type
Cloud-based, On-premise
By Application
Large Enterprises, Small and Medium-sized Enterprises (SMEs)
By Companies
Open Systems, Bella FSM, Workiz, ServiceMax, MSI Data, Power Dispatch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Garage Door Software Market Report Segments:
The global Garage Door Software market is segmented on the basis of:
Types
Cloud-based, On-premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, Small and Medium-sized Enterprises (SMEs)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Open Systems
- Bella FSM
- Workiz
- ServiceMax
- MSI Data
- Power Dispatch
Highlights of The Garage Door Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-premise
- By Application:
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Garage Door Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Garage door software is a type of computer program that helps homeowners or businesses manage their garage doors. The software may include features such as setting up and managing schedules, monitoring the status of the garage door, and sending alerts if something goes wrong.
Some of the major companies in the garage door software market are Open Systems, Bella FSM, Workiz, ServiceMax, MSI Data, Power Dispatch.
The garage door software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Garage Door Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Garage Door Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Garage Door Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Garage Door Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Garage Door Software Market Size & Forecast, 2018-2028
4.5.1 Garage Door Software Market Size and Y-o-Y Growth
4.5.2 Garage Door Software Market Absolute $ Opportunity
Chapter 5 Global Garage Door Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Garage Door Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Garage Door Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Garage Door Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 Small and Medium-sized Enterprises (SMEs)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Garage Door Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Garage Door Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Garage Door Software Analysis and Forecast
9.1 Introduction
9.2 North America Garage Door Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Garage Door Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Garage Door Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 Small and Medium-sized Enterprises (SMEs)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Garage Door Software Analysis and Forecast
10.1 Introduction
10.2 Europe Garage Door Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Garage Door Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Garage Door Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 Small and Medium-sized Enterprises (SMEs)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Garage Door Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Garage Door Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Garage Door Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Garage Door Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 Small and Medium-sized Enterprises (SMEs)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Garage Door Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Garage Door Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Garage Door Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Garage Door Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 Small and Medium-sized Enterprises (SMEs)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Garage Door Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Garage Door Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Garage Door Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Garage Door Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 Small and Medium-sized Enterprises (SMEs)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Garage Door Software Market: Competitive Dashboard
14.2 Global Garage Door Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Open Systems
14.3.2 Bella FSM
14.3.3 Workiz
14.3.4 ServiceMax
14.3.5 MSI Data
14.3.6 Power Dispatch
