Market Overview:
The global HOA and condo association management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based and web-based HOA and condo association management software solutions. These solutions offer enhanced features such as online payment processing, communication tools, document storage, and others that help associations manage their operations more effectively. North America is expected to hold the largest share of the global HOA and condo association management software market in 2018, followed by Europe. Asia Pacific is projected to be the fastest growing region during the forecast period owing to rising adoption of cloud-based solutions in this region.
Product Definition:
HOA and condo association management software is used to manage the activities of homeowners associations (HOAs) and condominium associations. It can help with tasks such as tracking membership information, recording financial transactions, managing communications, and more.
Cloud-based:
Cloud-based software is a collection of services that provide shared pooling of data and resources across multiple computers or devices connected to the internet. The technology enables real-time sharing of information among various departments in an organization, thereby helping users to accomplish tasks efficiently. Cloud computing has transformed the way organizations manage their business operations by streamlining processes through digital technologies such as cloud storage and cloud networking.
Web-based:
The global web-based and it's usage in HOA and Condo Association Management Software market size was valued at USD 6.5 billion in 2016. The increasing demand for real-time data tracking, remote access to the database, reduced costs of ownership, and centralization of management is expected to drive growth over the forecast period.
Application Insights:
The properties segment dominated the global Hoa and condo association management software market in 2017. This is due to the fact that most of the developments have multiplexes or standalone buildings with individual units. In such cases, it becomes necessary for Hoa and condo associations to take care of various issues concerning maintenance, repair, remodeling etc. related to common areas such as clubhouse, pool decking area etc. The homeowners associations segment is expected to witness a lucrative growth over the forecast period owing to increasing concerns among HOAs about maintaining their subdivisions in a proper manner by taking care of all aspects including lawns & gardening, safety & security along with infrastructure maintenance tasks like snow removal from parking lots and sidewalks during winters months.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This growth can be attributed to various factors such as increasing number of HOA and condo associations, high purchasing power of consumers, and rising awareness about maintaining aesthetic appeal of buildings/communities.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid urbanization in emerging countries such as China and India that has led to an increase in residential construction activities across these economies. Furthermore, growing real estate sector due to a large population base will also drive demand for HOATMS software solutions within Asia Pacific region over the forecast period.
Growth Factors:
- Increasing demand for HOA and condo association management software from small and medium-sized businesses (SMBs)
- Rising adoption of cloud-based solutions
- Proliferation of mobile devices and apps among homeowners
- Emergence of new players in the market
- Growing need to streamline operations and reduce costs
Scope Of The Report
Report Attributes
Report Details
Report Title
HOA and Condo Association Management Software Market Research Report
By Type
Cloud-based, Web-based
By Application
Homeowners Associations, Condo Associations, Properties
By Companies
AppFolio, AssociationVoice, Bitrix, BoardSpace, BuildingLink, Buildium, CINC Systems, Community Ally, Condo Communities, Condo Control, EmpoweredHOA, FrontSteps, HOA Express, LandlordTracks, My Green Condo, Pay HOA, Personify (Wild Apricot), Rentec Direct, Simple Neighbor, TALogic, TOPS Software, Vinteum Software, Yardi Systems
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global HOA and Condo Association Management Software Market Report Segments:
The global HOA and Condo Association Management Software market is segmented on the basis of:
Types
Cloud-based, Web-based
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
Homeowners Associations, Condo Associations, Properties
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:
- AppFolio
- AssociationVoice
- Bitrix
- BoardSpace
- BuildingLink
- Buildium
- CINC Systems
- Community Ally
- Condo Communities
- Condo Control
- EmpoweredHOA
- FrontSteps
- HOA Express
- LandlordTracks
- My Green Condo
- Pay HOA
- Personify (Wild Apricot)
- Rentec Direct
- Simple Neighbor
- TALogic
- TOPS Software
- Vinteum Software
- Yardi Systems
Highlights of The HOA and Condo Association Management 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
- Web-based
- By Application:
- Homeowners Associations
- Condo Associations
- Properties
- 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 HOA and Condo Association Management 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?
HOA and condo association management software is a computer application used by HOAs and condominium associations to manage their properties. The software typically includes features for managing membership, finances, maintenance, and security.
Some of the key players operating in the hoa and condo association management software market are AppFolio, AssociationVoice, Bitrix, BoardSpace, BuildingLink, Buildium, CINC Systems, Community Ally, Condo Communities, Condo Control, EmpoweredHOA, FrontSteps, HOA Express, LandlordTracks, My Green Condo, Pay HOA, Personify (Wild Apricot), Rentec Direct, Simple Neighbor, TALogic, TOPS Software, Vinteum Software, Yardi Systems.
The hoa and condo association management 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 HOA and Condo Association Management 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 HOA and Condo Association Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HOA and Condo Association Management 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 HOA and Condo Association Management 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 HOA and Condo Association Management Software Market Size & Forecast, 2018-2028
4.5.1 HOA and Condo Association Management Software Market Size and Y-o-Y Growth
4.5.2 HOA and Condo Association Management Software Market Absolute $ Opportunity
Chapter 5 Global HOA and Condo Association Management 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 HOA and Condo Association Management Software Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 Web-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global HOA and Condo Association Management 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 HOA and Condo Association Management Software Market Size Forecast by Applications
6.2.1 Homeowners Associations
6.2.2 Condo Associations
6.2.3 Properties
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HOA and Condo Association Management 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 HOA and Condo Association Management 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 HOA and Condo Association Management Software Analysis and Forecast
9.1 Introduction
9.2 North America HOA and Condo Association Management 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 HOA and Condo Association Management Software Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 Web-based
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 HOA and Condo Association Management Software Market Size Forecast by Applications
9.10.1 Homeowners Associations
9.10.2 Condo Associations
9.10.3 Properties
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 HOA and Condo Association Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe HOA and Condo Association Management 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 HOA and Condo Association Management Software Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 Web-based
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 HOA and Condo Association Management Software Market Size Forecast by Applications
10.10.1 Homeowners Associations
10.10.2 Condo Associations
10.10.3 Properties
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 HOA and Condo Association Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HOA and Condo Association Management 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 HOA and Condo Association Management Software Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 Web-based
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 HOA and Condo Association Management Software Market Size Forecast by Applications
11.10.1 Homeowners Associations
11.10.2 Condo Associations
11.10.3 Properties
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 HOA and Condo Association Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America HOA and Condo Association Management 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 HOA and Condo Association Management Software Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 Web-based
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 HOA and Condo Association Management Software Market Size Forecast by Applications
12.10.1 Homeowners Associations
12.10.2 Condo Associations
12.10.3 Properties
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) HOA and Condo Association Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HOA and Condo Association Management 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) HOA and Condo Association Management Software Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 Web-based
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) HOA and Condo Association Management Software Market Size Forecast by Applications
13.10.1 Homeowners Associations
13.10.2 Condo Associations
13.10.3 Properties
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 HOA and Condo Association Management Software Market: Competitive Dashboard
14.2 Global HOA and Condo Association Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AppFolio
14.3.2 AssociationVoice
14.3.3 Bitrix
14.3.4 BoardSpace
14.3.5 BuildingLink
14.3.6 Buildium
14.3.7 CINC Systems
14.3.8 Community Ally
14.3.9 Condo Communities
14.3.10 Condo Control
14.3.11 EmpoweredHOA
14.3.12 FrontSteps
14.3.13 HOA Express
14.3.14 LandlordTracks
14.3.15 My Green Condo
14.3.16 Pay HOA
14.3.17 Personify (Wild Apricot)
14.3.18 Rentec Direct
14.3.19 Simple Neighbor
14.3.20 TALogic
14.3.21 TOPS Software
14.3.22 Vinteum Software
14.3.23 Yardi Systems
