Market Overview:
The global multi family property 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 property management software and the growing need for automated solutions in the real estate industry. On-premise type segment is expected to dominate the global multi family property management software market during the forecast period from 2018 to 2030, owing to its advantages such as security and control over data.
Product Definition:
Multi family property management software is a type of software that helps landlords and property managers manage multiple rental properties. It can help track rent payments, maintenance requests, and other important information. Multi family property management software can be very helpful in keeping track of all the different aspects of managing multiple rental properties.
On-Premise Type:
On-premise type is a software solution that is installed on the end user's computer. The end-user can then use the software to manage properties of multiple units in a multi-family property such as managing accounts, leasing agreements, maintenance requests and responses, etc.
The growth factor for on premise type market is driven by factors such as growing need for effective property management tools coupled with increasing adoption of cloud computing technology among small & medium enterprises.
Cloud-Based Type:
Cloud-based type is a property management software that provides the user with an option to manage multiple properties from any location. The software is used in real estate and housing associations, as well as private households for managing day-to-day operations of residential units. It helps users maintain records of their property, along with providing them access to the same from anywhere across the globe.
The multi family property management software industry size was valued at USD 1,22,867 in 2015.
Application Insights:
The commercial properties segment dominated the global multi family property management software market in 2017. This is attributed to a large number of commercial properties across the globe and increasing investments by multinational companies for developing their business locations. For instance, according to a study conducted by Colliers International, Inc., around 1,500 new office buildings are expected to be constructed globally by 2019. In addition, around 740 million square feet of existing office space will be refurbished during the same period resulting in an increased demand for property management services over the coming years.
Residential Properties segment is expected register significant growth over the forecast period owing to rising real estate prices coupled with increasing awareness among consumers regarding home ownership benefits such as tax deductions and mortgage interest subsidies among others which are driving factors for Multi-family Housing Owners (MFHOs) or Single-family Homeowners (SFOs).
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in real estate sector, growing population, and rising demand for housing facilities. In addition, rapid urbanization due to a large population has led to an increase in residential construction activities across countries such as China and India. This factor is anticipated to fuel regional market growth during the forecast period.
North America accounted for more than 25% of global revenue share in 2017 owing to high acceptance of technology among investors from U.S.
Growth Factors:
- Increasing demand for rental properties: The increasing population and the subsequent increase in the number of households is one of the primary drivers for the growth of the multi family property management software market. The need for affordable housing has led to an increase in rental properties, thereby driving the demand for multi family property management software.
- Proliferation of mobile devices and apps: With a rise in mobile device usage, there is an increased demand for mobile-friendly property management software. This has led to a proliferation of mobile apps that offer features such as online rent payments, maintenance requests, and tenant communication tools. This is expected to drive market growth over the forecast period.
- Growing popularity of cloud-based solutions: Cloud-based solutions are becoming increasingly popular among businesses due to their scalability and flexibility benefits. Multi family property managers are also shifting towards cloud-based solutions due to these benefits, which is expected to drive market growth over the forecast period..
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi Family Property Management Software Market Research Report
By Type
On-Premise Type, Cloud-Based Type
By Application
Residential Properties, Student Accommodation, Commercial Properties, Other
By Companies
Yardi Systems, RealPage, MRI Software, AppFolio, Entrata, Infor, Chetu, ResMan, Property Boulevard, Console Group, PropertyBoss Solutions, Syswin Soft
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Multi Family Property Management Software Market Report Segments:
The global Multi Family Property Management Software market is segmented on the basis of:
Types
On-Premise Type, Cloud-Based Type
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
Residential Properties, Student Accommodation, Commercial Properties, Other
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:
- Yardi Systems
- RealPage
- MRI Software
- AppFolio
- Entrata
- Infor
- Chetu
- ResMan
- Property Boulevard
- Console Group
- PropertyBoss Solutions
- Syswin Soft
Highlights of The Multi Family Property 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:
- On-Premise Type
- Cloud-Based Type
- By Application:
- Residential Properties
- Student Accommodation
- Commercial Properties
- Other
- 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 Multi Family Property 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
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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?
Multi Family Property Management Software is a software application that helps property managers manage multiple properties. The software can be used to track and manage finances, maintenance, and tenant information.
Some of the key players operating in the multi family property management software market are Yardi Systems, RealPage, MRI Software, AppFolio, Entrata, Infor, Chetu, ResMan, Property Boulevard, Console Group, PropertyBoss Solutions, Syswin Soft.
The multi family property management software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multi Family Property 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 Multi Family Property Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multi Family Property 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 Multi Family Property 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 Multi Family Property Management Software Market Size & Forecast, 2018-2028
4.5.1 Multi Family Property Management Software Market Size and Y-o-Y Growth
4.5.2 Multi Family Property Management Software Market Absolute $ Opportunity
Chapter 5 Global Multi Family Property 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 Multi Family Property Management Software Market Size Forecast by Type
5.2.1 On-Premise Type
5.2.2 Cloud-Based Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multi Family Property 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 Multi Family Property Management Software Market Size Forecast by Applications
6.2.1 Residential Properties
6.2.2 Student Accommodation
6.2.3 Commercial Properties
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi Family Property 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 Multi Family Property 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 Multi Family Property Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Multi Family Property 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 Multi Family Property Management Software Market Size Forecast by Type
9.6.1 On-Premise Type
9.6.2 Cloud-Based Type
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 Multi Family Property Management Software Market Size Forecast by Applications
9.10.1 Residential Properties
9.10.2 Student Accommodation
9.10.3 Commercial Properties
9.10.4 Other
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 Multi Family Property Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Multi Family Property 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 Multi Family Property Management Software Market Size Forecast by Type
10.6.1 On-Premise Type
10.6.2 Cloud-Based Type
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 Multi Family Property Management Software Market Size Forecast by Applications
10.10.1 Residential Properties
10.10.2 Student Accommodation
10.10.3 Commercial Properties
10.10.4 Other
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 Multi Family Property Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multi Family Property 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 Multi Family Property Management Software Market Size Forecast by Type
11.6.1 On-Premise Type
11.6.2 Cloud-Based Type
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 Multi Family Property Management Software Market Size Forecast by Applications
11.10.1 Residential Properties
11.10.2 Student Accommodation
11.10.3 Commercial Properties
11.10.4 Other
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 Multi Family Property Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Multi Family Property 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 Multi Family Property Management Software Market Size Forecast by Type
12.6.1 On-Premise Type
12.6.2 Cloud-Based Type
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 Multi Family Property Management Software Market Size Forecast by Applications
12.10.1 Residential Properties
12.10.2 Student Accommodation
12.10.3 Commercial Properties
12.10.4 Other
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) Multi Family Property Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multi Family Property 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) Multi Family Property Management Software Market Size Forecast by Type
13.6.1 On-Premise Type
13.6.2 Cloud-Based Type
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) Multi Family Property Management Software Market Size Forecast by Applications
13.10.1 Residential Properties
13.10.2 Student Accommodation
13.10.3 Commercial Properties
13.10.4 Other
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 Multi Family Property Management Software Market: Competitive Dashboard
14.2 Global Multi Family Property Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yardi Systems
14.3.2 RealPage
14.3.3 MRI Software
14.3.4 AppFolio
14.3.5 Entrata
14.3.6 Infor
14.3.7 Chetu
14.3.8 ResMan
14.3.9 Property Boulevard
14.3.10 Console Group
14.3.11 PropertyBoss Solutions
14.3.12 Syswin Soft
