Market Overview:
The global property management market is expected to grow from USD 9.8 billion in 2018 to USD 17.5 billion by 2030, at a CAGR of 7.0% from 2018 to 2030. The growth of the global property management market can be attributed to the increasing demand for rental properties and homeowners associations across the globe. Additionally, the growing adoption of cloud-based property management solutions is also contributing to the growth of this market.
Product Definition:
Property Management is the process of managing and overseeing the day-to-day operations of a property or estate. The importance of Property Management is that it ensures that all aspects of the property are running smoothly and efficiently.
On-Premise Type:
On-premise type is also known as cloud computing or Infrastructure as a Service (IaaS). It's an approach where the software and hardware are located on the customer premises. The service provider has no access to the physical devices such as computers, laptops, etc. This model offers benefits such as low cost of installation and easy accessibility from any part of the world. However, it requires constant maintenance for efficient functioning which may prove costly for some organizations in long run.
Cloud-Based Type:
Cloud-based type is a service that enables property managers to store and manage data on remote servers. The information is then accessible through multiple devices such as laptops, smartphones, and desktop computers. It helps in reducing the cost incurred for technology infrastructure by providing easy accessibility to real-time information across the globe.
Application Insights:
The rental properties segment accounted for the largest revenue share in 2017 and is anticipated to maintain its dominance over the forecast period. Rental property managers are expected to face increasing competition from online sources, which may result in them adopting new technology-based tools and solutions. This trend is likely to drive innovation among players operating in this market space.
Rising demand for technologically advanced solutions among home owners associations (HOA) managers is projected to fuel industry expansion over the coming years. HOA management involves a wide range of activities including financial management, maintenance services, community amenities such as pools & spas, etc., which require constant monitoring and updates from property managers regarding various aspects of an association¢â‚¬â„¢s operations.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in real estate sector by foreign players and government initiatives for developing affordable housing schemes. For instance, in India, Home Ministry has planned to build 100 million houses by 2022 through its ambitious scheme named “Housing for All†which is likely to propel market growth over the next eight years.
North America accounted for a significant share of global revenue owing to presence of numerous property management companies and high demand from residential as well as commercial sectors due to rapid urbanization and growing population across U.S., Canada, Mexico, Puerto Rico & Guam (U.S.). Moreover, stringent regulatory framework governing real estate sector in U.S.
Growth Factors:
- Increasing population and migration: The global population is expected to grow by more than 1 billion people by 2030, with the majority of this growth in urban areas. This will create a greater demand for housing and related services, such as property management.
- Aging population: The number of people over the age of 65 is growing rapidly, especially in developed countries. This trend is creating a greater demand for retirement homes and other types of senior living facilities that are managed by property professionals.
- Economic growth: As economies around the world grow, so does the demand for commercial real estate space to accommodate businesses and their employees. Property managers who can help businesses find appropriate office space and manage their leases will be in high demand.
Scope Of The Report
Report Attributes
Report Details
Report Title
Property Management Market Research Report
By Type
On-Premise Type, Cloud-Based Type
By Application
Rental Properties, Homeowners Associations
By Companies
RealPage, Entrata, MRI Software, CoreLogic, AppFolio, Chetu, Syswin Soft, Property Boulevard, Buildium, Rockend, Console Group, PropertyBoss Solutions, Infor, ResMan
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Property Management Market Report Segments:
The global Property Management 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
Rental Properties, Homeowners Associations
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:
- RealPage
- Entrata
- MRI Software
- CoreLogic
- AppFolio
- Chetu
- Syswin Soft
- Property Boulevard
- Buildium
- Rockend
- Console Group
- PropertyBoss Solutions
- Infor
- ResMan
Highlights of The Property Management 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:
- Rental Properties
- Homeowners Associations
- 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 Property Management 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?
Property management is the process of overseeing, managing and maintaining a property. It includes everything from finding tenants to keeping the property clean and in good condition. Property managers typically work with landlords, who are responsible for providing the space for tenants to live in.
Some of the major players in the property management market are RealPage, Entrata, MRI Software, CoreLogic, AppFolio, Chetu, Syswin Soft, Property Boulevard, Buildium, Rockend, Console Group, PropertyBoss Solutions, Infor, ResMan.
The property management market is expected to grow at a compound annual growth rate of 7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Property Management 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 Property Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Property Management 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 Property Management 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 Property Management Market Size & Forecast, 2020-2028
4.5.1 Property Management Market Size and Y-o-Y Growth
4.5.2 Property Management Market Absolute $ Opportunity
Chapter 5 Global 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 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 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 Market Size Forecast by Applications
6.2.1 Rental Properties
6.2.2 Homeowners Associations
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Property Management 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 Property Management 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 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 Market Size Forecast by Applications
9.10.1 Rental Properties
9.10.2 Homeowners Associations
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 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 Market Size Forecast by Applications
10.10.1 Rental Properties
10.10.2 Homeowners Associations
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 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 Market Size Forecast by Applications
11.10.1 Rental Properties
11.10.2 Homeowners Associations
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 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 Market Size Forecast by Applications
12.10.1 Rental Properties
12.10.2 Homeowners Associations
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) 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) Market Size Forecast by Applications
13.10.1 Rental Properties
13.10.2 Homeowners Associations
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 Property Management Market: Competitive Dashboard
14.2 Global Property Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RealPage
14.3.2 Entrata
14.3.3 MRI Software
14.3.4 CoreLogic
14.3.5 AppFolio
14.3.6 Chetu
14.3.7 Syswin Soft
14.3.8 Property Boulevard
14.3.9 Buildium
14.3.10 Rockend
14.3.11 Console Group
14.3.12 PropertyBoss Solutions
14.3.13 Infor
14.3.14 ResMan
