Global Multifamily Software Market by Type (Cloud Based, Web Based), By Application (Large Enterprises, SMEs) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global multifamily software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for multifamily housing and rising adoption of cloud-based and web-based software solutions by large enterprises and SMEs. North America is expected to lead the global multifamily software market in terms of revenue, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.



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Product Definition:

Multifamily software is a type of software used to manage multifamily housing properties, such as apartment complexes and condominiums. Multifamily software can help landlords and property managers track tenants, payments, maintenance requests, and other important information. It can also help them generate reports on the property's financial status.

Cloud Based:

Cloud-based software is a type of software service that provides solutions to manage business operations effectively. It helps in streamlining processes and automating tasks through the use of internet technology. The multifamily industry has witnessed significant growth over the past few years owing to an increase in investments, technological advancements, and growing urbanization across the globe.

Web Based:

The global multifamily software market size was valued at USD 1.1 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing urbanization, growing population, and rapid infrastructure development across the globe.

Rapid urbanization coupled with strong economic growth has led to an increase in construction spending for non-residential sectors such as commercial office spaces, IT parks, retail malls/centers.

Application Insights:

The large enterprises segment accounted for the largest revenue share of over 60% in 2017. The growth can be attributed to the growing demand for high-end residential spaces, which is driving the need for multifamily management solutions. Large enterprises are likely to remain a key focus area as they offer numerous advantages including cost-effectiveness and enhanced operational efficiency. Furthermore, these solutions are also expected to offer significant growth opportunities due Multifamily Housing Marketers¢â‚¬â„¢ Guide To SMB Segment Analysis And Key Trends ¢â‚¬ By 2030 The small & medium-sized businesses (SMBs) segment is anticipated to witness considerable growth over the forecast period owing to increasing penetration of cloud computing services among them. Cloudbased multifamily software offers various benefits such as scalability, flexibility and ease of use thereby encouraging its adoption among SMBs across all verticals globally.

Regional Analysis:

North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of multifamily developers and solution providers, along with high investments in R&D for developing advanced software solutions. Moreover, increasing demand for technologically advanced products is also expected to drive regional growth over the forecast period.

Asia Pacific is expected to witness significant growth over the next eight years owing to increasing government initiatives pertaining to implementation of modern technology for management of state-owned properties such as public housing and social housing projects. In addition, growing penetration of cloud services across various industry verticals including healthcare & life sciences, BFSI and others will further propel regional development over the forecast period.

Growth Factors:

Increasing demand for multifamily housing: The increasing population and the subsequent increase in the demand for multifamily housing is one of the primary growth drivers for this market.
Rising disposable income: With rising disposable incomes, people are increasingly preferring to live in apartments rather than in traditional houses. This is another key factor that is driving the growth of this market.
Urbanization: The trend of urbanization is also fueling the demand for multifamily software as more and more people are moving to cities where living in an apartment is a more feasible option than living in a house.
Technological advancements: The advent of new technologies such as cloud-based solutions and mobile apps has led to an increase in efficiency and productivity among users, thus driving the growth of this market further.  5) Growing awareness about energy efficiency measures: There has been a growing awareness among consumers about energy-efficient measures that can be implemented while designing or retrofitting apartments/multifamily dwellings; this too is aiding the growth of this market significantly


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Scope Of The Report
Report Attributes
Report Details
Report Title
Multifamily Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
Yardi, Spherexx (RentPush), Entrata, PropertyBoss, RealPage (formerly OneSite), Leonardo247, SightPlan, AppFolio Property Manager, Buildium, PERQ, ResMan, LeaseHawk
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.

Global Multifamily Software Market Report Segments:
The global Multifamily 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
Large 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:
Yardi
Spherexx (RentPush)
Entrata
PropertyBoss
RealPage (formerly OneSite)
Leonardo247
SightPlan
AppFolio Property Manager
Buildium
PERQ
ResMan
LeaseHawk



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Highlights of The Multifamily 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:
Large 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 Multifamily 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

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